Diamond Drill Program Mobilization Ini Tiated at Clone GOLD Project
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C 1H2
www.skygoldcorp.com
DIAMOND DRILL PROGRAM MOBILIZATION INI TIATED AT CLONE GOLD
PROJECT
Vancouver, British Columbia – July 24th, 2019 – Sky Gold Corp. (TSX-V: SKYG)
(US:SRKZF) ("Sky Gold Corp. " or the “Company”) is pleased to announce that mobilization
for the summer diamond drill program on the Clone Gold Property, located in the prolific Golden
Triangle has been initiated. Drill pad construction is underway for the first four drill locations with
drilling of the first target, in the Main “ H” Zone, anticipated to begin in the following three to five
days. Sky Gold anticipates a minimum of 10 diamond drill holes to be completed in this phase of
drilling.
The Clone Property is situated a pproximately 20 kilometres southeast of Stewart , B.C., and 15
kilometres south of Ascot Resources Ltd.’s advanced Red Mountain deposit. This southern portion
of the Golden Triangle is significantly less explored then properties north of Stewart.
For the 2019 summer d rill program, diamond drill services are supplied by More Core Drilling
Services Ltd., of Stewart, B.C.; pad building and logistic services are supplied by Minconsult
Exploration Services Inc. of Coldstream, B.C.; and geological supervision and project management
is provided by Ridgeline Exploration Services Inc. , of Kelowna, B.C . Drill target selection was
aided by a successful 2018 field program, a 2018 high resolution magnetics airborne survey, and a
comprehensive compilation of all historic data with supportive 3D modeling.
Drill targets include:
• Main “H” Zone – test extensions and trends along strike and down -dip, and plunge, based
on 3D modeling o f this zone which previously has returned drill intercepts of: 7. 92 m of
20.22 g/t Au (Hole #16), 7.92 m of 30.37 g/t Au (Hole #21), and 12.80 m of 44.75 g/t Au
(Hole #28).*
• The Gossan Zone – located approximately 1.3 kms west of the Main “H” Zone, is a high
priority target where rock geochemistry (rock grab samples) have returned strong gold
values, up to 37 g/t Au (sampling 1996, ARIS 23878). The mineralization at the Gossan
Zone is very similar to the Main “H” Zone and has never been drilled.
• Port 19 and Treble Zones – located approximately 4.4 km west-north-west of the Main “H”
Zone, this target was prospected and geologically mapped in summer 2018 with significant
results obtained in both soil and rock (grab) sampling. There has been considerable glacial
abatement over the showing since the 1990’s. Soil sampling results including five samples
with greater than 1 g/t Au (8.33 g/t, 6.68 g/t, 3.7 g/t, 1.66 g/t, 1.61 g/t). The +200 ppb Au
soil anomaly over the Port 19 and Treble showings is 2.5 times th e size of the Clone Main
“H” Zone soil anomaly.
*The intervals reported above represent drill intercepts and insufficient data is available at this time to
state the true thickness of the mineralized intervals. All gold values are uncut.
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C 1H2
www.skygoldcorp.com
“We are excited to finally be in the position to drill targets at Clone revealed in recent years due to
receding snowpack on the 10,688-hectare project. Sky will kick off the 2019 diamond drill program
on the Clone project with an exceptional and seasoned team of contractors, consultants and in -
house expertise. The Clone property has previously returned high -grade diamond drill intercepts
from multiple mineralized zones (1995 -1997; Teuton Resources Corp. and Minvita Enterprise Ltd.,
financed by a major, Homestake Mining Corp., and Murray Pezim's flagship company, Prime
Resources Corp.).
Qualified Person
Catherine Fitzgerald, P.Geo., a Qualified Person under National Instrument 43-101, is the Qualified
Person responsible for reviewing and approving the technical contents of this news release as they
pertain to the Clone property.
About Sky Gold Corp.
Sky Gold Corp. is a junior mineral exploration company engaged in acquiring and advancing
mineral properties across Canada’s top mining jurisdictions. The Company’s flagship asset is the
Clone high-grade gold project located in B.C’s Golden Triangle.
ON BEHALF OF THE BOARD
“Mike England”
Mike England, CEO&DIRECTOR
FOR FURTHER INFORMATION PLEASE
CONTACT: Telephone: 1-604-683-3995
Toll Free: 1-888-945-770
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Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events
or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect
management’s current b eliefs and are based on assumptions made by and information currently available to the Company.
Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and
uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made
as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation
to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release
are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at
WWW.SEDAR.COM).