Skull Ridge Gold Acquires Mineral Claims in Central Newfoundland
Skull Ridge Gold has acquired 689 mineral claims covering approximately 17,225 hectares in central Newfoundland. The land package is named the Crippleback-Stony Lake Gold Project and lies within an active regional exploration zone between Pirate Gold's Crippleback Project and Benton Resources' Stoney Caldera holdings. The area falls under the Valentine Lake Fault Zone, a significant mineralized corridor with multiple intrusive rock types and fault structures. Historical electromagnetic surveys have identified potential geological targets in the region. Recent discoveries nearby include copper-gold mineralization at Pirate Gold's Crippleback Project and gold-copper occurrences reported by Benton Resources. Skull Ridge plans to conduct an exploration program involving data compilation, geophysical survey interpretation, mapping, and geochemical sampling. The company aims to determine if geological trends from adjacent projects extend into its newly acquired land.
Topics: Exploration Gold Mining