SKY GOLD CORP - SRKZF STOCK NEWS

Sky Gold Corp. (OTC PINK: SRKZF) has announced plans for the 2022 exploration season at its Mustang property in Newfoundland, adjacent to New Found Gold's Queensway project. The exploration will include IP geophysics, soil and rock sampling, and geological mapping, to define multiple targets. Notably, the North Woodman Pond target showed gold-in-soil values of up to 55 ppb. Last year's drilling efforts revealed lower-grade gold intervals, indicating the potential for bulk-style mining. The company also has all permits for its Virginia property, enhancing its exploration capabilities.

Sky Gold Corp (OTC PINK:SRKZF) has applied to the TSX Venture Exchange to extend the expiry of 6,050,000 warrants from December 23, 2021, to December 23, 2023. The exercise price remains at $0.10 per warrant, allowing each warrant to be exchanged for one common share. This amendment is pending approval from the TSX Venture Exchange. The company's CEO, Mike England, signed off on the announcement.

Sky Gold Corp. has discovered a new mineralized occurrence, dubbed the Towerview Zone, on its Evening Star Property in Nevada, showcasing high-grade gold and silver values. The company's geological efforts yielded an average of 2.007 ppm gold and peak values of 18.210 ppm gold and over 10,000 ppm copper across 65 rock samples. The Towerview target has led to the staking of 28 new mineral claims and is indicative of widespread gold mineralization. Following additional sampling, Sky Gold plans to apply for an expanded drill program with the Bureau of Land Management.

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.