Skyline Builders Acquires Nevada Gold & Silver Properties


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Skyline Builders Group Acquires Two Nevada Gold and Silver Properties Ahead of Cove Kaz Merger
GRAND CAYMAN, CAYMAN ISLANDS - August 17, 2026 - Skyline Builders Group Holding Limited (Nasdaq: KAZR) announced the acquisition of two highly prospective gold and silver mineral properties in Nevada, positioning the company ahead of its pending business combination with Cove Kaz Resources.
The newly acquired properties diversify the company's portfolio into precious metals within Nevada, recognized as a top-ranked global mining jurisdiction. The expansion supports the company's broader strategy to secure critical materials and precious metals supply chains.
Acquisition Details
- Mill Creek Project: An early-stage gold exploration project comprising 36 lode mining claims totaling approximately 720 acres in the Shoshone Range, acquired from Paramount Gold (NYSE: PZG).
- Irwin Project: A past-producing property spanning twelve claims with historic high-grade intrusive-related gold and silver, located in the Troy Mining District, Nye County.
The company plans to conduct initial field studies, including detailed mapping, soil and geochemistry sampling, geophysical surveys, and remote sensing to identify future drill targets. The pending business combination with Cove Kaz Resources, which focuses on strategic tungsten and critical mineral projects in Kazakhstan, is expected to close by late 2026 or early 2027.
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