SKY GOLD CORP - SRKZF STOCK NEWS

Sky Gold Corp has discovered a new zone of surface copper mineralization, named the High Life Zone, on its Evening Star Property in Nevada. The discovery was made through extensive geological mapping and sampling, where rock samples averaged 0.42% copper and 11.7 ppm silver. Notably, peak values reached 1.54% copper and 63.7 ppm silver. Soil sampling results further indicate strong anomalies in copper and silver, supporting the rock sample findings. The Company plans to apply for an expanded drill program to explore this potential.

Sky Gold Corp. (SRKZF) announced the resumption of diamond drilling at its Evening Star Property in Nevada after a suspension due to Covid-19 complications. The drilling program, initiated on July 27, 2021, involves up to 2,500 meters across 12 to 15 holes, focusing on the Gold Bug target, where strong geophysical anomalies suggest potential gold and silver-rich mineralization. Assays for the first hole are pending. The company is also engaged in other projects in Canada, including properties adjacent to New Found Gold Corp.

Sky Gold Corp. (OTC PINK:SRKZF) announced the commencement of a VTEM survey on its newly acquired Imperial Property in Quebec, which borders Amex Exploration's Perron Project. The survey covers 328 lines over 1,087 kilometers and is part of a larger exploration initiative. The Imperial Project spans 228 claims over approximately 6,575.84 hectares, located in the gold and VMS-prospective Abitibi Greenstone Belt. CEO Mike England expressed optimism about the potential for new discoveries.

Sky Gold Corp. has begun a diamond drill program at its Evening Star Property in Mineral County, Nevada, following approval from the Bureau of Land Management. The drill program targets gold and CRD mineralization and aims for 2,500 meters across 12-15 holes. Eight drill sites have been selected, with initial focus on the Gold Bug area due to strong geophysical anomalies. The company is also active in other properties in Canada and the USA, including the Mustang and Virginia properties in Newfoundland.

Sky Gold Corp. (OTC PINK:SRKZF) announced results from its diamond drilling program at the Mustang Property in Newfoundland. A total of 19 drill holes totaling 3,283 meters were completed, confirming and expanding gold mineralization previously identified. Significant findings include intercepts of up to 7.77 grams per tonne (g/t) gold. The Mustang Zone shows potential for further exploration, with several drill targets remaining. The company is adhering to COVID-19 protocols during its operations. CEO Mike England expressed optimism for continued exploration success.

Sky Gold Corp. (OTC PINK:SRKZF) reported results from its diamond drill program on the Mustang Property, near New Found Gold's Queensway project. A total of 19 drill holes (3,283 meters) were completed, confirming and expanding previously identified gold mineralization. Key highlights include intercepts of up to 7.77 grams per tonne (g/t) gold over 0.50 meters and wider intervals with lower grade values. CEO Mike England emphasized potential for further exploration and additional drilling on the Mustang Zone. All operations adhered to COVID-19 safety protocols.

Sky Gold Corp. has identified several new gold-in-soil geochemical anomalies on its Mustang Property in Newfoundland. The anomalies, particularly at the North Woodman Pond Target, show high gold values up to 55 ppb Au and significant arsenic concentrations. The company plans to follow up with diamond drilling to explore these targets further, capitalizing on promising findings in the region. Additionally, the Virginia property has received permits for a maiden drilling program this summer, enhancing Sky Gold's exploration potential in Canada.

Sky Gold Corp. has announced the acquisition of two contiguous claim blocks, the Imperial Property, adjacent to Amex Exploration's Perron Project in Quebec, known for high-grade gold discoveries. The acquisition involves a 100% interest in the claims through a transaction requiring TSX Venture Exchange approval. The overall deal includes payments of 10,500,000 shares, $150,000 in cash, and a 3% Net Smelter Return. This strategic move aims to enhance exploration abilities in a promising mineral-rich area.

Sky Gold Corp. (OTC PINK:SRKZF) has become a founding member of the Newfoundland.Gold strategic alliance, aimed at boosting awareness and investment in the emerging gold district of Newfoundland. The alliance will host a Virtual Investor Days event from June 1-3, 2021. Recently, Sky Gold completed a 20-hole, 3,300-meter diamond drill program on its Mustang Property with pending assays. The company also owns the Virginia property, with an upcoming drill program. Additionally, the Evening Star property in Nevada is being prepared for a late Q2 2021 drill program.