Mr. Mike England reports

SKY GOLD CORP REPORTS ON GOLD AND MULTI-ELEMENT RESULTS FROM DRILLING AT EVENING STAR, NEVADA

Sky Gold Corp. has presented gold and multielement assay results from drill core, rock, vein and soil sampling on its 100-per-cent-owned Evening Star project in the Walker Lane gold trend in Nevada.

Highlights:

• ES-26-01 and ES-26-02 intersected anomalous zones with quartz veining and secondary copper, 17.8 metres and 13.8 metres wide, respectively. Surface soil and grab sampling defines a northwestern gold trend directly east of ES-26-01.
• Grab sampling directly east of Good Hope returned up to 48.56 grams per tonne gold, the highest gold value on the property to date, further expanding on the mineralized footprint.
• Soil sampling at Golden Bomber highlights a 300-metre northwestern gold-copper-lead-silver trend and surface sampling 14.98 g/t Au and 9.23 g/t Au.

Mike England, chief executive officer of Sky Gold, commented, "These are encouraging results to follow up on, which have now led us to a new approach at High Life alongside strong polymetallic gold trends ready for drilling at Good Hope and Golden Bomber."

High Life

Results from 3-D magnetic and IP (induced polarization) surveys suggested a porphyry system one kilometre in diameter at High Life and two attempts were made to drill test for mineralization. The ground was challenging to drill, core was deeply oxidized, and the water table sits deep, around 120 metres from surface.

ES-26-01 intersected a 17.8-metre-wide interval of silicification with iron oxides and minor secondary copper minerals cutting granodiorite rocks from 108.8 metres to 126.5 metres downhole. The interval carries anomalous gold, up to 44 parts per billion gold and up to 0.11 per cent copper.

ES-26-02 intersected a 13.8-metre-wide zone of anomalous gold, up to 84 parts per billion gold.

Combined with results from surface soil, subcrop and outcrop geochemical sampling, a northwestern gold trend emerged (which is 140 metres long), presenting a new drill target and a new approach to testing the High Life porphyry.

Good Hope

The Good Hope trend is a promising drill target; with an almost-500-metre strike length, the zone of mineralization ranges from 0.9 metre to 3.1 metres in width. Recent fieldwork directly east of Good Hope returned a high of 48.56 grams per tonne gold, expanding on the mineralized footprint.

The company cautions that grab samples are selective by nature and are not necessarily representative of the mineralization hosted on the property. These results are used to identify the presence of mineralization and to prioritize future drilling targets.

CRD Hill

ES-26-03 was drilled into CRD Hill, where multiple manto-like gossans were found on surface. This hole attempted to redrill the historic (1969) Agnerian drill hole. Although the surface of the hole looked promising, it seemed to veer away from the manto trend and did not return anything of interest. Possibly, the azimuth of the historic hole did not take into account magnetic declination, which would make a difference of about five degrees.

Surface sampling of a manto on the north side of CRD Hill returned 2.26 per cent copper, 31.5 parts per million silver, 454 parts per million bismuth and 2.49 per cent zinc in sample No. 1070543.

Gold Bug

ES-26-04 was the first-ever hole into the Gold Bug mine, where, historically (1890 to 1924), up to 400 ounces of gold plus copper were recovered. A 12-metre-wide zone of anomalous gold, silver and copper was intersected in drill core starting at 10.7 metres downhole, averaging five parts per million silver and 0.13 per cent copper, returning up to 0.219 gram per tonne gold over 1.5 metres.

Rock-chip and grab sampling in and around the Gold Bug mine returned 5.14 g/t Au, 214 ppm Ag, 1.25 per cent Cu and 4,199 ppm Bi in sample No. 1070710, a quartz breccia from outcrop at the mine entrance, and 5.71 g/t Au, 264 ppm Ag, 3.74 per cent Cu, 0.60 per cent Pb and 3270 ppm Bi in sample 1070557, a five-centimetre quartz vein subcropping 100 metres east of the mine.

Golden Bomber

Results from soil sampling show a 300-metre-long gold-copper-lead-silver northwestern trend (Walker Lane trend) that correlates well with recent rock sampling results including 14.98 g/t Au and 9.23 g/t Au. Golden Bomber has never been drill tested.

Qualified person

Danae Voormeij, MSc, PGeo, a director of Sky Gold and a qualified person under National Instrument 43-101, supervised the collection of samples and has reviewed and approved the scientific and technical information in this news release. Ms. Voormeij is not independent of Sky Gold.

Quality assurance/quality control and sample methodology

The company submits rock and drill core samples to MSALABS in Elko, Nev., for gold content by Chrysos PhotonAssay technology. This process is non-destructive and analyzes 500-gram samples, which is more representative than the 50-gram sample required for the fire assay method, and this innovative method catches more gold in the sample, reducing the nugget effect.

Samples are dried and crushed to P80 minus two millimetres, and 500 grams are riffle split for PhotonAssay method. Another 250 grams of the crushed material is pulverized to P85 minus 75 microns for ultratrace 48 elements by ICP-MS following a four-acid digest.

Every 15 samples, one of each, a duplicate, blank or certified reference standard material, is inserted into the sample stream to check the lab for consistency or potential contamination between samples. All QA/QC samples are inserted in the field by company geologists.

About Sky Gold Corp.

Sky Gold is a mineral exploration company focused on advancing precious and base metal projects in North America. The company's flagship Evening Star property, located in the prolific Walker Lane gold trend, hosts multiple high-priority gold and copper targets, including Tower Gold, High Life, CRD Hill, Gold Bug, Golden Bomber, Good Hope and Evening Star. The project site has excellent infrastructure.

We seek Safe Harbor.