WILDSKY RESOURCES INC. : http://www.wildskyresources.com : QwikReport

News Releases

#November 07, 2018
Wildsky Resources Inc. Receives Metallurgical Results For Tailings

 

Wildsky Resources Inc. (formerly China Minerals Mining Corporation) (the “Company”) (TSX-V: WSK, US: HWTHF) announces that it has received initial metallurgical test results for gravity gold recovery from the 2018 drill samples of tailings at its Cassiar Gold project. 

Results for metallurgical testing of tailings show good potential for gold recovery by centrifugal gravity concentration.  Initial results were received for two splits from composite samples of tailings, collected in 2018 from drill holes at the Table Mountain mine tailings deposit.  The splits were processed by centrifugal concentration (Knelson concentrator).  Two 20 kg sample splits were subjected to three sequential passes through a concentrator with assays performed on the concentrate at each stage, as well as upgrading of the concentrate by hand panning with assays of the panned concentrate and pan tails at each stage.  Sample 1 was split from a composite of half core samples of moist (wet) material submitted for metallurgical testing, and Sample 2 was obtained from composited dry assay reject material (see tables below).

For Sample 1, the concentrate grades are 34.45, 96.32 and 79.58 g/t Au (grams gold per tonne) from Pass 1, 2 and 3, respectively.  For Sample 2, the concentrate grades are 146.09, 87.77 and 64.07 g/t Au from Pass 1, 2 and 3, respectively. 

For Sample 1, the upgraded concentrate (panned Knelson concentrate) grades are 621.68, 9405.59 and 7227.12 g/t Au from Pass 1, 2 and 3, respectively.  For Sample 2, the concentrate grades are 6217.94, 1425.72 and 1024.61 g/t Au from Pass 1, 2 and 3, respectively. 

Gold recoveries are 10.6%, 57.9% and 71.9% for Pass 1, 2 and 3, respectively (Sample 1), and 52.5%, 62.5% and 67.5% respectively (Sample 2).

The calculated head grades are higher than the assayed grades.  The assayed head grade is 0.941 g/t Au for Sample 1 and 1.084 g/t Au for Sample 2.  The calculated feed grade from the process tests are 2.56 g/t Au for Sample 1 and 2.18 g/t Au for Sample 2.

The Company considers these results very significant because they indicate potential for concentrate grades that are acceptable for transport off site.  The results also indicate that processing by flotation concentration may not be required. In addition, the calculated head grades suggest the gold content of the tailings may be higher than previously indicated.

Further metallurgical testing of the tailings is underway to assess gravity recovery on a larger sample (1 to 2 tonnes), representing about half of the material collected in 2018.

WildSky Resources -- Gravity Recovery Test Results

Sample 1 (Wet)

Products Weight (g) Weight (%) Gold (g/t) Distribution (%)
Pan Concentrate 1
Pan Tail 1
Gravity Concentrate 1
3.66
153.14
156.80
0.02
0.77
0.78
621.68
20.43
34.45
4.4
6.1
10.6
Pan Concentrate 2
Pan Tail 2
Gravity Concentrate 2
Gravity Concentrate 1+2
2.26
148.42
150.68
307.48
0.01
0.74
0.75
1.54
9405.59
19.92
160.69
96.32
41.6
5.8
47.4
57.9
Pan Concentrate 3
Pan Tail 3
Gravity Concentrate 3
Gravity Concentrate 1+2+3
0.89
153.84
154.73
462.20
0.00
0.77
0.77
2.31
7227.12
4.91
46.31
79.58
12.5
1.5
14.0
71.9
Gravity Tails (triplicate assay) 19,537.80 97.69 0.73 28.1
Head Grade (Calculated)   100.00 2.56 100.0

Sample 2 (Dry)

Products Weight (g) Weight (%) Gold (g/t) Distribution (%)
Pan Concentrate 1
Pan Tail 1
Gravity Concentrate 1
2.94
153.72
156.66
0.01
0.77
0.78
6217.94
30.08
146.09
41.9
10.6
52.5
Pan Concentrate 2
Pan Tail 2
Gravity Concentrate 2
Gravity Concentrate 1+2
2.41
151.73
154.14
310.79
0.01
0.76
0.77
1.55
1425.72
6.34
28.51
87.77
7.9
2.2
10.1
62.5
Pan Concentrate 3
Pan Tail 3
Gravity Concentrate 3
Gravity Concentrate 1+2+3
1.32
147.80
149.12
459.91
0.01
0.74
0.75
2.30
1024.61
5.66
14.66
64.07
3.1
1.9
5.0
67.5
Gravity Tails (triplicate assay) 19,540.09 97.70 0.73 32.5
Head Grade (Calculated) 20,000.00 100.0 2.18 100.0

Testing was done by Bureau Veritas Metallurgical Division in Richmond, BC.  Bureau Veritas is an independent commercial laboratory that is compliant with ISO 9001 and with ISO/IEC 17025.  Assays were completed by the fire assay method on 30 gram subsamples, with AA finish for head and tails assays, and gravimetric determination for concentrates.

The technical disclosure in this news release was approved by Dr. Mathew Ball, P.Geo., member of the technical advisory board to the Company and Qualified Person as defined by National Instrument 43-101.

About Wildsky Resources Inc.

Wildsky Resources Inc. is a Canadian based exploration and development company with office located in Vancouver, B.C. The Company’s goal is to create value for shareholders through continuously exploring and developing its current properties in BC and at the same time looking for new properties to acquire through its international connections.

For more information on Wildsky Resources, please contact the Company at (778) 889-4966, or visit the Company's website at www.wildskyresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"signed by Wenhong Jin"

Wenhong Jin
President and CEO

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 of accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Wildsky Resources’ periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar expressions, are forward-looking statements.

Although Wildsky Resources has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Wildsky Resources disclaims any intention or obligation to update or revise such information, except as required by applicable law.

 
#November 06, 2018
Wildsky Resources Inc. Identifies Gold Anomaly At Lucky Soil Grid

 

Wildsky Resources Inc. (formerly China Minerals Mining Corporation) (the “Company”) (TSX-V: WSK, US: HWTHF) announces that it has received final results from the 2018 soil geochemical program on the Lucky grid at its Cassiar Gold project. 

Results from 1195 soil samples collected over the Lucky grid in the northern part of the property indicate highly elevated gold values.  Gold results for soil samples average 0.23 ppm Au (equivalent to grams gold per tonne) and range between the upper analytical limit of 25.0 ppm Au to less than the 0.02 detection limit.  Of the total, 49 samples (4%) returned results higher than 1.0 ppm gold (>1.0 g/t Au) and are considered highly anomalous. A further 299 samples (25%) are considered anomalous with values between 0.10 and 0.99 ppm (g/t Au). An area of approximately 1000 by 400 metres in the central area of the grid contains most of the anomalous gold values, with outlying anomalous areas to the northwest and southeast (see map below). 

The results confirm and extend highly elevated gold values in historic soil samples.   Field examination indicates the higher gold values are associated with zones of rusty-weathering, disseminated pyrite in carbonate altered volcanic rocks that locally contain quartz veins.  These mineralized zones are similar to areas of gold mineralization at the nearby Taurus prospect, where underground and trench mining was done between 1980 and 2000.  The Lucky prospect is untested by drilling so the Company will be planning follow-up work in 2019 leading to drilling. 

The soil sampling was done at 20 metre spacings along grid lines spaced 50 meters apart and extending about 0.5 to 1.0 km in length.  The lines were oriented due east in the northern half of the grid and due north in the southern half of the grid area for practical reasons due to topography.  Samples were collected from a relatively thin veneer of soil that is developed in the alpine area of the Lucky grid.  Samples were collected in paper soil sample bags and shipped to ALS Laboratory Group Minerals Division in Whitehorse, YT for sample preparation, with geochemical analysis completed at ALS in North Vancouver, BC.  ALS is an independent commercial laboratory that meets all requirements of International Standards ISO/IEC 17025:2017 and ISO 9001:2015.  Multi-element analysis was done by aqua regia digestion with ICP-MS analysis using a 5 gram subsample, including gold (analytical limits of 0.01-25 ppm Au). 

QA/QC measures included 61 replicate analyses and a suite of 34 field duplicate soil samples, also analyzed by ALS.  For gold, 80% of the replicate analytical results and 74% of the duplicate field sample results were within +/- 50% of the original value.  Limited rock geochemical sampling of 8 sites returned values ranging up to 2.89 g/t gold (ALS Labs, 50 gram sub-sample, gold by fire assay with ICP-AES finish).

WildSky Resources - 2018 Gold in Soil Geochemical Map

In other news, the Company is proceeding with metallurgical testing of its 2018 Table Mountain tailings drilling program to investigate recovery by centrifugal gravity concentration.

The technical disclosure in this news release was approved by Dr. Mathew Ball, P.Geo., member of the technical advisory board to the Company and Qualified Person as defined by National Instrument 43-101.

About Wildsky Resources Inc.

Wildsky Resources Inc. is a Canadian based exploration and development company with office located in Vancouver, B.C. The Company’s goal is to create value for shareholders through continuously exploring and developing its current properties in BC and at the same time looking for new properties to acquire through its international connections.

For more information on Wildsky Resources, please contact the Company at (778) 889-4966, or visit the Company's website at www.wildskyresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"signed by Wenhong Jin"

Wenhong Jin
President and CEO

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 of accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Wildsky Resources’ periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar expressions, are forward-looking statements.

Although Wildsky Resources has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Wildsky Resources disclaims any intention or obligation to update or revise such information, except as required by applicable law.

 
#October 25, 2018
Wildsky Resources Inc. Receives Assay Results For Tailings Drill Program

 

Wildsky Resources Inc. (formerly China Minerals Mining Corporation) (the “Company”) (TSX-V: WSK, US: HWTHF) announces that the company has received final assay results from the 2018 drilling program on the historic tailings deposit at its Table Mountain property. 

In July 2018, 512 metres was drilled in 128 holes to test the gold content of the historic ‘Erickson Gold Mine’ tailings deposit at the Table Mountain property.  Results for the tailings samples average 1.254 grams gold per tonne and range between 0.506 and 6.670 ppm Au (equivalent to grams gold per tonne; see table).  Thickness of the deposit averages 4.0 metres and ranges between 1.2 and 7.0 metres.  Gold is present throughout the deposit and is slightly higher (> 1.0 g/t Au) in the western half (see map below). 

Wildsky Resources 2018 Tailings Drilling Assay Results

Hole Length(m) Au_(ppm)   Hole Length(m) Au_(ppm)
L001 3.81 1.480   L065 3.51 0.850
L002 3.96 1.095   L066 3.96 0.705
L003 4.57 1.020   L067 3.66 0.984
L004 3.96 0.985   L068 4.27 1.125
L005 4.88 1.045   L069 5.49 1.185
L006 4.27 0.954   L070 4.57 1.695
L007 3.96 0.997   L071 6.71 1.310
L008 4.36 0.854   L072 2.29 1.500
L009 4.88 1.600   L073 6.71 0.884
L010 3.11 0.925   L074 4.27 0.980
L011 3.05 1.680   L075 3.51 1.965
L012 3.11 1.650   L076 2.13 1.985
L013 3.51 1.285   L077 4.27 0.905
L014 3.51 1.110   L078 1.52 0.862
L015 3.81 0.938   L079 2.74 1.205
L016 3.66 1.070   L080 1.68 1.325
L017 4.27 0.998   L081 3.20 0.846
L018 4.11 0.986   L082 3.35 0.747
L019 3.96 1.195   L083 3.08 0.931
L020 4.27 0.758   L084 3.96 0.744
L021 3.05 1.080   L085 3.66 1.060
L022 4.88 0.884   L086 3.66 0.939
L023 3.35 0.957   L087 3.66 0.946
L024 4.88 1.345   L088 3.35 0.816
L025 2.74 1.190   L089 3.66 1.385
L026 5.18 1.630   L090 4.33 0.984
L027 4.60 1.045   L091 1.83 1.685
L028 5.18 1.180   L092 5.79 0.865
L029 4.42 0.882   L093 5.49 1.820
L030 3.96 1.030   L094 7.01 1.040
L031 2.74 1.185   L095 2.74 6.670
L032 3.35 1.085   L096 5.64 1.140
L033 4.57 1.020   L097 5.18 1.830
L034 3.96 1.145   L098 3.96 0.938
L035 4.57 0.919   L099 3.66 0.956
L036 3.35 0.841   L100 3.96 0.926
L037 3.35 0.954   L101 3.66 0.904
L038 3.35 0.974   L102 4.27 1.190
L039 3.66 1.040   L103 4.27 0.943
L040 3.35 1.165   L104 3.66 0.772
L041 3.81 1.070   L105 3.66 1.055
L042 3.66 0.880   L106 4.88 1.265
L043 3.66 1.220   L107 6.10 0.966
L044 3.96 0.638   L108 5.18 3.550
L045 3.51 1.155   L109 2.74 0.781
L046 4.57 1.015   L110 5.18 1.135
L047 2.44 0.865   L111 1.83 1.000
L048 5.49 0.883   L112 5.18 1.100
L049 5.18 0.767   L113 1.83 5.810
L050 5.49 0.806   L114 1.52 3.880
L051 4.57 1.770   L115 3.96 0.937
L052 4.27 4.180   L116 4.27 0.871
L053 3.35 2.130   L117 3.96 0.858
L054 5.49 0.840   L118 3.66 0.922
L055 2.90 1.840   L119 5.49 0.886
L056 3.96 0.847   L120 5.49 1.205
L057 1.22 1.775   L121 6.10 1.135
L058 3.66 1.140   L122 4.27 1.210
L059 3.35 0.944   L123 3.96 1.430
L060 3.20 0.924   L124 2.44 0.506
L061 3.20 0.909   L125 5.64 1.765
L062 3.66 0.888   L126 5.64 1.755
L063 3.66 0.902   L127 4.57 1.235
L064 3.66 0.824   L128 6.71 1.270

This deposit has dimensions of approximately 175 x 150 x 4 metres, with an estimated volume of 105,000 cubic metres of tailings.   The holes were drilled at a regular spacing of approximately 25 metres with a sonic drill.  Each hole was 7.6 centimeters in diameter and the holes averaged 4 metres in depth.  Hole collar positions were located using a field grid and hand held GPS.  The cored material was collected in plastic tubes, which were then cut in half lengthwise.

Wildsky Resources 2018 Tailings Drilling Map

One half of the cored sample for each hole was bagged and shipped to ALS Laboratory Group Minerals Division in Whitehorse, YT for sample preparation, with geochemical analysis completed at ALS in North Vancouver, BC.  ALS is an independent commercial laboratory that meets all requirements of International Standards ISO/IEC 17025:2017 and ISO 9001:2015.  Analysis was by fire assay method using a 50 gram subsample, with the gold measured by ICP (analytical limits of 0.001-10 ppm Au).  The other half of the cored tailings was shipped to Bureau Veritas - Metallurgical Division in Richmond, BC for metallurgical testing.  Bureau Veritas is also an independent commercial laboratory that is compliant with ISO 9001 and with ISO/IEC 17025. 

QA/QC measures included a suite of 9 check assays performed by Bureau Veritas on rejects from ALS.  Analyses at Bureau Veritas were by fire assay method using a 30 gram subsample, with the gold measured by Atomic Absorption (analytical limits of 0.005-10.000 g/t Au).  Compared to the initial laboratory results, the check assays differed by -40% to +10% (average -12%).  This amount of difference may be attributed to the presence of coarse gold giving rise to a nugget effect. 

Metallurgical testing is underway to assess recovery by gravity separation.  Results are expected in the coming months. 

In addition, the Company is awaiting results from its 2018 soil sampling program conducted over the Lucky prospect, where results from historic 1986 sampling revealed highly elevated gold in soil values.   The Lucky prospect is essentially untested by drilling.

The technical disclosure in this news release was approved by Dr. Matt Ball, P.Geo., independent consultant to the Company and Qualified Person as defined by National Instrument 43-101.

About Wildsky Resources Inc.

Wildsky Resources Inc. is a Canadian based exploration and development company with office located in Vancouver, B.C. The Company’s goal is to create value for shareholders through continuously exploring and developing its current properties in BC and at the same time looking for new properties to acquire through its international connections.

For more information on Wildsky Resources, please contact the Company at (778) 889-4966, or visit the Company's website at www.wildskyresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"signed by Wenhong Jin"

Wenhong Jin
President and CEO

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 of accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Wildsky Resources’ periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar expressions, are forward-looking statements.

Although Wildsky Resources has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Wildsky Resources disclaims any intention or obligation to update or revise such information, except as required by applicable law.

 
#October 22, 2018
Wildsky Resources Inc. Announces Results Of Annual General Meeting

 Wildsky Resources Inc. (formerly China Minerals Mining Corporation) (the "Company") (TSX-V: WSK, US: HWTHF) is pleased to announce that the Company held its annual general meeting (the "Meeting") of its shareholders on October 17, 2018.
At the Meeting, the Company's shareholders:
  • Approved a resolution setting the number of directors at five (5) members and re-appointed Bernard Kahlert, Zheng Zhou, Mao Sun, Yijie He and Zonglin Zhang to the board;
  • Re-appointed Davidson & Company LLP, Chartered Professional Accountants as auditors of the Company; and
  • Approved the Company’s 10% “rolling” stock option plan. 

About Wildsky Resources Inc.

Wildsky Resources Inc. is a Canadian based exploration and development company with office located in Vancouver, B.C. The Company's goal is to create value for shareholders through continuously exploring and developing its current properties in BC and at the same time looking for new properties to acquire through its international connections.

For more information on Wildsky Resources, please contact the Company at (778) 889-4966, or visit the Company's website at www.wildskyresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"signed by Wenhong Jin"

Wenhong Jin
President and CEO


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 of accuracy of this release.

Cautionary Statement Regarding "Forward-Looking" Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Wildsky Resources' periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "appear", "should," and similar expressions, are forward-looking statements.

Although Wildsky Resources has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Wildsky Resources disclaims any intention or obligation to update or revise such information, except as required by applicable law.
 
#August 16, 2018
China Minerals Announces Name Change and New Trading Symbol

 

China Minerals Mining Corporation (“China Minerals” or the “Company”) (TSX-V: CMV, US: HWTHF) announces that the Company proposes to change its corporate name to “Wildsky Resources Inc.”.  The name change shall be effective on August 22, 2018.  Concurrent with the proposed name change, the Company will adopt “WSK” as the new trading symbol for its common shares. The proposed name change is subject to the approval of the TSX Venture Exchange.

The Company also wishes to announce that, concurrent with the name change, the Company will grant 950,000 incentive stock options to directors, officers, employees and consultants to the Company.    

About China Minerals Mining Corporation

China Minerals Mining Corporation is a Canadian based exploration and development company with offices located in Vancouver, B.C. The Company’s goal is to build an international mining company.

For more information on China Minerals, please contact the Company at (778) 889-4966, or visit the Company's website at www.chinamineralsmining.com.

ON BEHALF OF THE BOARD OF DIRECTORS

signed by “Wenhong Jin"

Wenhong Jin
President


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 of accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in China Minerals’ periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar expressions, are forward-looking statements.

Although China Minerals has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and China Minerals disclaims any intention or obligation to update or revise such information, except as required by applicable law.

 

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