SKY GOLD CORP - SRKZF STOCK NEWS

Sky Gold has launched a spring exploration program on its Consolidated Shebandowan property in Northwestern Ontario. The focus is on two high-priority targets: the Mingold Au soil anomaly and a large Ni-Cu-Co-Cr-PGE anomaly. The property, encompassing 5,894 hectares, is located near the historic Shebandowan Ni-Cu-Co-Cr-PGE mine.

ALS Global is conducting detailed soil and till geochemistry surveys to define the size and strength of these targets. Geological mapping and prospecting will follow. The company also announced a $350,000 non-brokered private placement for further exploration financing. Results from the geochemical work are expected within two weeks.

Sky Gold has filed a Notice of Intent to drill at its Evening Star Copper-Gold property in Mineral County, Nevada. The 1,450-acre property is located in the Pamlico Mining District and is believed to have potential for undiscovered copper-gold deposits. Recent surveys identified two areas with significant copper-gold mineralization at the surface, including the High-Life and Tower Gold targets. The company plans to drill multiple holes at both targets to further explore these findings. The High-Life target showed soil samples with up to 1,620 ppm copper and 0.212 ppm gold, while the Tower Gold target exhibited rock samples with up to 18.21 ppm gold and 1.16% copper. CEO Mike England noted that increasing commodity prices have renewed interest in mining exploration.

Sky Gold Corp. is set to commence an exploration program on its Consolidated Shebandowan Property in northwestern Ontario, focusing on orogenic gold and magmatic nickel sulphide targets. The company aims to explore a 2 km by 2 km gold-in-soil anomaly and a 5 km by 7 km Ni-Cu-Co-Cr-PGE anomaly. The Property, situated near the past-producing Shebandowan mine, has high discovery potential for both nickel and gold. The spring exploration program will involve detailed geochemical sampling, geological mapping, and prospecting. The company is optimistic about the project's potential for significant discoveries.

Sky Gold Corp. has entered into an agreement with Delta Resources for the option to acquire a 100% interest in the Horne and Laurie properties in Thunder Bay, Ontario. Delta will issue 1.4 million shares to Sky, pay $75,000, and retain a 1% NSR. Sky will keep a 1% NSR and Delta has the option to buy back 0.5% NSR for $1M. The deal provides Sky exposure to Delta's high-potential projects while focusing on its Shebandowan portfolio.

Sky Gold Corp. has completed amendments to property option agreements for Horne and Laurie Properties in Northwestern Ontario. The TSX Venture Exchange has accepted the amendments for the acquisitions of 100% interest in each property. A total of 2,350,000 common shares will be issued to the vendors, with 1,350,000 shares for Horne and 1,000,000 shares for Laurie.

Sky Gold Corp. announces high-quality exploration targets on Shebandowan Ni-Cu-Co-PGE-Au property in Ontario. Mingold Au anomaly with up to 5,250 ppb Au, 8 high-priority conductors for Ni-Cu-Co deposits, and extensive Ni-Cu-Co-PGE till anomalies. Detailed exploration program planned for 2024.

Sky Gold Corp. announces amendments to property option agreements for acquisitions, reducing cash obligations by $50,000 and confirming exploration expenditures at $500,000. Shares to be issued subject to a four-month hold period. The amendments are subject to TSX Venture approval.

Sky Gold Corp. announces strong Ni-Cu-Co-Cr-PGE targets on Shebandowan property, with high-priority VTEM targets defined. The property shows potential for nickel, copper, cobalt, platinum group elements, and orogenic gold deposits. An integrated exploration program involving soil geochemistry, trenching, and diamond drilling is planned for spring.

Sky Gold Corp. (TSX.V:SKYG)(OTC PINK:SRKZF) announces VTEM airborne geophysical survey over part of its Consolidated Shebandowan nickel-copper-cobalt-platinum group element property. The Property, comprising 5,894 hectares, is located 70 km west of the City of Thunder Bay and 5 km southwest of the past-producing Shebandowan Ni-Cu-Co-Cr-PGE mine. The VTEM survey aims to produce a high-quality geophysical database to explore and delineate targets for magmatic Ni-Cu-Co-PGE deposits.