"No one succeeds without effort. Those who succeed owe their success to perseverance."

SKRR announced a major move on the zinc front and investors should pay attention to this story.

IWA NOTE - SKRR 

SKRR announced a major move on the zinc front and investors should pay attention to this story. 

The US Geological Survey has unveiled its draft 2021 list of 50 minerals critical to US national security and the economy. Zinc has been added to this year's list for its use in galvanizing renewable energy infrastructure against weathering. These same galvanizing qualities will be needed for the bridges, culverts, guardrails, light poles, 5G network towers, and other upgrades to be funded by the massive $1 trillion infrastructure bill passed by Congress and waiting to be signed into law by President Joe Biden.

Read the news article here: And Then There Were 50 Critical Minerals 

SKRR EXPLORATION INC. ENTERS INTO ACQUISITION AGREEMENT TO ACQUIRE THE WATTS LAKE ZINC CLAIMS IN SASKATCHEWAN

SKRR Exploration Inc. has entered into a non-arm's length acquisition agreement dated Nov. 4, 2021, to acquire a 100-per-cent interest in Edge Geological Consulting Inc.'s Watts Lake zinc property consisting of 24 mineral claims compromising a total of 13,708.109 hectares.

The property covers multiple, parallel basement conductive corridors, including the approximately 14-kilometre-long Borys Lake corridor, which hosts the historic Borys Lake lead-zinc deposit as well as numerous other mineralized occurrences. Watts Lake is located approximately 65 km north-northeast of the town of La Ronge, Sask., and 20km northwest of the community of Missinipe, Sask. The well-maintained gravel Provincial Highway 102 runs north from La Ronge, through Missinipe to Reindeer Lake and its closest point is approximately 12.5 km east of the property.

Sherman Dahl, chief executive officer of SKRR, states:

"Why Zinc? Like copper, zinc has a range of applications across many industries, including agriculture, construction, pharmaceuticals, and transportation. Approximately half of the world's supply is used in corrosion-proof galvanized steel, which is widely used in infrastructure projects. Zinc sheeting is used for cladding, roofing, and gutter systems. Zinc-coated steel is widely used for building framing and bridge construction, and in reinforcing bar in concrete structures. Because of its anti-corrosive properties, zinc can make a crucial contribution to infrastructure projects -- and in recent years, there has been a steady demand for galvanized steel from China. In addition, with the chemistries that zinc brings into play ... this is a perfect fit for zinc batteries and one that we see significant growth in going forward. The electric vehicle demand is fuelling demand for all metals including zinc and nickel. Watts Lake fits in with our Father Lake nickel project and our well-advanced gold properties in the Trans Hudson corridor -- the home of giants SSR Mining and Hudbay Minerals.

"SKRR is on a mission to build a world-class base metal and precious metal company based on the outstanding mineralization in Saskatchewan. SKRR will be a leader with a diversified portfolio of high-quality, long-life assets. The SKRR team has done an incredible job over the last few years of drilling, exploring, discovering, and positioning the company for success. "

Watts Lake property highlights:

•	World-Class jurisdiction: Saskatchewan is consistently ranked globally as a top mining investment jurisdiction.

•	Large land package in a favourable geological setting: Watts Lake is a large contiguous land package consisting of 13,708 hectares in the established, deposit endowed La Ronge domain of Saskatchewan. The project is strategically located near important infrastructure, including within 20 km of major provincial highway network.

•	Historic Borys Lake lead-zinc zones: the Borys Lake corridor is anchored by the shallow-depth historic Borys Lake lead-zinc deposit, including all four known drill hole delineated zones; Mac, Main, Will A/Will B and Sam zones. The main zone was interpreted to have an approximate strike length of 975 metres and widths varying from 5.3 to 19.5 m with the zinc to lead ratio being approximately 10:1. Mineralization is open along strike and at depth.

•	Strong blue-sky potential: the Watts Lake project area covers multiple, parallel basement conductive corridors, identified by a 2008 airborne versatile time-domain electromagnetic (VTEM) geophysical survey, including the entire approximately 14 km long Borys Lake conductive corridor, as well as significant portions of parallel corridors. The conductive corridors have numerous drill-intersected and surface-identified mineralized occurrences of zinc, copper, and silver as well as anomalous gold, nickel and cobalt.

IWA is a shareholder of SKRR Exploration 

Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Subscribe
Most Viewed