SKY’s project portfolio offers exposure to the tin market, where a long term growth in prices reflects challenged supply and growing demand amid new applications of the metal. Further details on the tin market can be found here
SKY has strong exposure to the tin market through the 100% ownership of the Tallebung and Doradilla Projects in New South Wales. Already SKY has defined a +10Mt maiden mineral resource estimate +16-21Mt exploration Target at Tallebung and at Doradilla, while confirming the discovery of the large-scale tin mineral system, SKY has recently discovered a widespread, and large high-grade REE mineral system in the thick layers of clays over the Doradilla Project.
In addition, SKY’s project portfolio offers exposure to gold, copper-gold projects in the world class mining jurisdiction of NSW. SKYs gold exploration strategy is focused on the identification and efficient testing of advanced McPhillamys-type, gold targets in the Late Silurian stratigraphy of NSW. SKYs copper-gold exploration strategy is focused on the identification of advanced projects that can be rapidly expanded by drill testing.
Sky’s Gold Exploration Strategy
SKYs gold exploration strategy is focused on the identification and efficient testing of advanced McPhillamys-type, multimillion-ounce gold targets in the Late Silurian stratigraphy of NSW. The strategy leverages the SKY’s significant combined experience gained during the discovery of and exploration for the McPhillamys Gold Deposit (60.1Mt @ 1.05g/t Au for 2.03MOz; ASX RRL 8 September 2017).
McPhillamys-style gold mineralisation has several distinct features which enables the application of robust exploration criteria, allowing for the efficient search and ranking of exploration targets. Gold is associated with disseminated – stringer pyrite zones in a key section of Late Silurian-aged stratigraphy of NSW with targets characterised by distinct geophysical and geochemical signatures.