SKRR Exploration recently announced it has completed the earn in requirements to hold a 75 percent interest in the Olson property and an undivided 100 percent interest in the Cathro property from Eagle Plains Resources. The Olson Project area covers just over 11 thousand hectares located within the Trans Hudson Corridor 20 kilometers northwest of Deschambault Lake and 80 kilometers south of SSR Mining’s Seabee Gold Operation. The Cathro Project covers just over 3 thousand hectares located approximately 50 kilometers northeast of La Ronge.
SKRR President and CEO Sherman Dahl stated the completion of both Project option exercise requirements demonstrates their long term commitment to precious metals in the under explored but highly mineralized province of Saskatchewan.
The Olson project area overlies regionally sheared highly strained meta-volcanic and intrusive rocks which are considered to be prospective for orogenic gold mineralization while the Cathro Project covers a suite of La Ronge Greenstone Belt volcanic rocks known to host structurally controlled gold mineralization.