02:08:32 EDT Mon 24 Aug 2026
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Sky Gold Corp (3)
Symbol SKYG
Shares Issued 97,172,191
Close 2026-05-28 C$ 0.045
Market Cap C$ 4,372,749
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Sky Gold completes 768 m of drilling at Evening Star

2026-05-28 20:15 ET - News Release

Mr. Mike England reports

SKY GOLD COMPLETES DRILLING PROGRAM

Sky Gold Corp. has presented a drilling update on its 100-per-cent-owned Evening Star project in the Walker Lane gold trend in Nevada.

The diamond core drilling program by Titan Drilling is now completed, and 768 meters (2,519.5 feet) were drilled across four holes. Two holes were drilled into the High Life porphyry target, one hole was drilled into the CRD Hill target, and one hole was drilled at Gold Bug.

The drill core from all four holes is deeply weathered and oxidized. All drill core samples have now been processed and shipped to the laboratory for gold and multielement analysis. Assays are pending.

Gold and multielement results from surface sampling at Evening Star are incoming and those results will be released shortly.

"This drill program was challenging but we look forward to receiving assays to best determine the next steps at Evening Star," commented Mike England, chief executive officer of Sky Gold. "The extent of surface mineralization is very impressive, and we continue to learn from each surface and drill program performed."

Quality assurance/quality control and sample methodology

The company submits rock and drill core samples to MSA Labs in Elko, Nev., for gold content by Chrysos's 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 the PhotonAssay method. Another 250 grams of the crushed material are 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.

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.

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.

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