Sky GOLD Applies FOR Drill Permits at the Evening STAR Copper-GOLD Property Located IN Mineral County, Nevada
SKY GOLD APPLIES FOR DRILL PERMITS AT THE EVENING STAR COPPER-GOLD
PROPERTY LOCATED IN MINERAL COUNTY, NEVADA
Highlights:
• Filing of a Notice of Intent to drill Evening Star Copper-Gold project, Nevada
• Identified two areas of significant copper-gold mineralization exposed at the surface
May 22, 2024, Vancouver, BC, Canada – SKY GOLD CORP. (“Sky’ or the “Company”) (TSX.V:SKYG)
(US:SRKZF) is pleased to report it is filing a Notice of Intent to drill with the US Bureau of Land Management
for its Evening Star Copper-Gold property in Mineral County NV. The 1,450 acre (586 hectare) property is
located about 10 Miles (16 Km) miles east of Hawthorne, NV, in the Walker Lane Trend and about 52 Mi
(83 Km) miles southeast of the Yerrington, Nevada porphyry copper deposit. The Evening Star property is
in the Pamlico Mining district which has a history of exploration for base metal skarn and carbonate -
replacement prospects. The most recent exploration work by Sky Gold geologists suggests that there is a
possibility for an undiscovered porphyry copper -gold deposit and or a separate intrusion-hosted gold
deposit.
Exploration work carried out on the property in 2021-2022 identified two areas of significant copper-
gold mineralization exposed at the surface.
“While we are excited to commence further defining at drill targets at our Shebandowan Nickel Copper
project in Ontario we felt it very timely to also get the drill permitting process going in Nevada for our
copper and gold targets,’ stated Mike England, CEO of Sky Gold. “With the surge in commodity prices
sparking a renewed interest in the junior mining exploration space there is no time like the present to
make news and get exploring!”.
High-Life Porphyry Copper Target
The “High -Life” porphyry copper target area consists of quartz -sericite +/ - chlorite altered quartz
monzonite porphyry dikes that are cut by quartz-veinlet-stockwork containing disseminated copper oxides
blebs and fractures. Soil samples collected over the High-Life returned up to 1,620 ppm copper and 0.212
ppm gold. Rock samples of the mineralized porphyry returned up 1.54% Copper and 2.723 ppm Au.
Alteration of the quartz monzonite porphyry dikes suggests that the “potassic zone” of a porphyry copper
deposit may lie at some depth below the outcropping dikes.
At the Yerrington, Nevada porphyry copper deposit 52 miles (83 Km) to the northwest, the copper ore is
related to the potassic alteration zone. Yerrington has produced over 1.75 billion pounds of copper (793
million Kg). At the High -Life prospect, the presence of copper and gold in the “phyllic” or “transitional”
(quartz-sericite-chlorite) alteration zone suggests that copper mineralization may have continued to be
deposited over a longer period of time than at Yerrington. Two to eight (permitting eight holes) holes
drilled to a depth of 1,500 ft (457 m) are planned to test the porphyry copper-gold target.
Tower Gold Target
The “Tower Gold” target area at Evening Star is an intrusion -hosted zone(s) of shallowly -dipping, gold-
bearing quartz veins marked by old prospect pits, trenches and declines. Rock samples of the limonitic
quartz veins and altered granitoid host rocks returned up to 18.21 ppm gold and 1.16% copper. Soil
samples contain up to 2.83 ppm gold and 930 ppm copper. The Tower Gold mineralized zone has been
traced for approximately 1.5 kms along the surface and bedrock sampling suggests it may be 50 meters or
more in width. Tower Gold may be a distal gold system to a porphyry Cu deposit or another event of the
Walker Lane trend. Two to nine (permitting nine holes) holes drilled to a depth of 600 ft (183 m) are
planned to test the Tower Gold Target zone.
Geophysics
Geophysical surveys for Induced Polarization (IP) and ground Magnetics (Mag) will be run before the
core drilling program to further delineate and define the drilling program.
This news release contains scientific and technical information with respect to other properties of the
company’s Evening Star property, which the company has no interest in or rights to explore. Readers are
cautioned that information regarding the geology, mineralization and mineral resources on these other
properties is not necessarily indicative of the mineralization on the company’s properties.
Qualified person
Sky Gold Corp.’s disclosure of a technical or scientific nature in this news release has been reviewed and
approved by David Taff , P.Geo., who serves as a qualified person under the definition of National
Instrument 43-101.
ON BEHALF OF THE BOARD
Mike England
CEO, PRESIDENT & DIRECTOR
FOR FURTHER INFORMATION PLEASE CONTACT
Tel: 1-604-683-3995
Toll Free: 1-888-945-4770
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.
Forward Looking Statements
Certain statements in this release are forward -looking statements, which reflect the expectations of
management regarding the matters described herein. Forward-looking statements consist of statements
that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions
regarding the future. Such statements are subject to risks and uncertainties that may cause actual results,
performance, or developments to differ materially from those contained in the statements, including with
respect to the completion of the Consolidation or the identification or acquisition of additional mineral
assets. No assurance can be given that any of the events anticipated by the forward -looking statements
will occur or, if they do occur, what benefits the Company will obtain from them. These forward -looking
statements reflect management's current views and are based on certain exp ectations, estimates and
assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual
results to differ materially from those expressed or implied by the forward -looking statements, including
factors beyond the Company's control. These forward-looking statements are made as of the date of this
news release.