Sky Gold to shine a light on Evening Star property

Executive Summary

• Sky Gold Corp. announces a fall drilling program on the Tower gold target at its Evening Star property in Mineral County, Nevada, with permits for up to nine drill pads.
• The Tower target is supported by historic rock and soil sampling that returned significant anomalous grades (average 2.01 g/t Au; peak 18.21 g/t Au) and elevated silver, copper, lead, and zinc values.
• The planned drill program will test a >400‑m long, up to 100‑m wide zone of anomalous gold in soil and bedrock, aiming to delineate a potential distal gold system or porphyry Cu association.

Key Details

• Property & Location: Evening Star property, Walker Lane trend, Mineral County, Nevada; ~16 km east of Hawthorne.
• Target Overview – Tower Gold Target:
• Discovered 2021 via 65 rock grab/chip samples over ~1 km length × 200 m width.
• Rock sample averages: 2.01 g/t Au, 8.71 g/t Ag, 1,115 ppm Cu, 595 ppm Pb, 340 ppm Zn.
• Peak rock values: 18.21 g/t Au, 97.60 g/t Ag, >10,000 ppm Cu (≈1 % Cu).
• Soil Sampling Survey: Two 200 m × 200 m grids on the southeast portion of the target.
• Peak soil values: 2.83 g/t Au, 10.4 g/t Ag, 930 ppm Cu, 1,370 ppm Pb, 800 ppm Zn.
• 90th‑percentile (strongly anomalous) thresholds: 0.206 ppm Au, 4.3 ppm Ag, 314 ppm Cu, 150 ppm Pb, 205 ppm Zn.
• Drill Program Details:
• Permits received for up to nine drill pads.
• Planned drilling will intersect a >400‑m long by up to 100‑m wide zone of anomalous gold in both soil and bedrock.
• Objective: test for a distal gold system linked to a porphyry Cu deposit or other Walker Lane structures.
• Management Quote: “With the current surge in gold prices we feel the environment is perfect for Sky to give the Tower Gold Target immediate attention…we are very excited to resume exploration activity on the Tower Gold Target with a drill program this fall,” – Mike England, CEO.
• Qualified Person Review: Technical content reviewed and approved by David Taff, P.Geo., qualified under NI 43‑101.

Notable Quotes

• “With the current surge in gold prices we feel the environment is perfect for Sky to give the Tower Gold Target immediate attention. We are very excited to resume exploration activity on the Tower Gold Target with a drill program this fall.” – Mike England, CEO, Sky Gold Corp.