Sky Announces Option Grant

Suite 1240 – 789 W. Pender St., Vancouver, BC V6C 1H2

www.skygoldcorp.com

SKY ANNOUNCES OPTION GRANT

Vancouver, British Columbia – March 9, 2021 – Sky Gold Corp. (TSX-V: SKYG)

(US:SRKZF)("Sky Gold Corp. " or the “Company”) announces it has granted a total of up to

1.75 million stock options to directors and consultant s of the company exercisable at a price of

$0.12 per share for a period of one year from the date of grant. The options have been granted in

accordance with the company's stock option plan.

About Sky Gold Corp.

Sky Gold Corp. is a junior mineral exploration company engaged in acquiring and advancing

mineral properties globally.

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.