Sky Gold Corp

TSXV:SKYGCanadaView on OTC Pink - Current Information

Highlights:

VANCOUVER, BC / ACCESSWIRE / May 7, 2024 / SKY GOLD CORP. ("Sky' or the "Company") (TSXV:SKYG)(OTC PINK:SRSZF) is pleased to announce that it will shortly commence exploration on its Consolidated Shebandowan nickel-copper-cobalt-chrome-platinum group element-gold property (the "Property"), located in northwestern Ontario. The exploration program involving detailed geochemical sampling, geological mapping and prospecting, will focus on 2 high-quality exploration targets known as the Mingold Au Soil Anomaly (orogenic gold target) and a strong, extensive Ni-Cu-Co-Cr-PGE Anomaly (magmatic nickel-sulphide target).

VANCOUVER, BC / ACCESSWIRE / May 1, 2024 / SKY GOLD CORP. ("Sky" or the "Company") (TSX.V:SKYG)(OTC PINK:SRKZF) is pleased to announce it has reached an agreement with Delta Resources Ltd. (DLTA) whereby Delta will have the option to acquire a 100% interest in the Horne and Laurie properties located west of Thunder Bay, Ontario. Delta will assume all remaining obligations to the vendor other than the share component which will be issued by Sky upon closing of this agreement, totalling 1.2 million shares. Upon signing of the agreement, Delta will issue 1,400,000 shares of the Company to Sky and pay the sum of $75,000. Sky will retain a 1% Net Smelter Return Royalty ("NSR"). Delta will have the option to buyback a 0.5% NSR at anytime for $1M and will have a right of first refusal on the second 0.5% NSR. 1,000,000 common shares are subject to a one-year transfer restriction and 400,000 shares are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws.