Sky targeting McPhillamys-style deposits

SHARES in Norm Seckold’s Sky Metals jumped today after the company signed a farm-in agreement with troubled base metals producer Heron Resources.

Sky targeting McPhillamys-style deposits Sky targeting McPhillamys-style deposits Sky targeting McPhillamys-style deposits Sky targeting McPhillamys-style deposits Sky targeting McPhillamys-style deposits

McPhillamys in NSW. Sky is looking for a similar deposit as part of its newly launched gold strategy

Heron has agreed to farm out the Cullarin and Kangiara projects to Sky, which is required to spend A$400,000 on exploration in the first year.

Sky can earn 80% of the ground by spending a further $1.

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