Skye Resources Inc.

Skye Resources Inc.

April 19, 2006 11:39 ET

Skye Announces New Directors

VANCOUVER, BRITISH COLUMBA--(CCNMatthews - April 19, 2006) - Skye Resources Inc. ("Skye") today announced that Dr. Gordon Bacon, Robert (Bob) Horn and Terrence (Terry) Lyons have agreed to stand for election to its Board of Directors at its annual general meeting on May 16th. The other nominees will be David Smith and Ian Austin, both of whom are already directors.

"The broad industry experience these three men bring to our board will be invaluable as we complete the feasibility study for the Fenix Project," said Ian Austin, President and CEO. "I thank the retiring directors, Brian Bayley, Greg Clarkes, Andrew Milligan and Murray Sinclair, for their support and advice, which was so important in the initial stages of Skye's development."

Dr. Bacon graduated with a B.A.Sc. in Mineral Processing Engineering and a Ph.D. in Metallurgical Engineering, both from the University of British Columbia. He founded Bacon Donaldson and Associates Ltd., a consulting metallurgical firm providing physical and extractive metallurgical services to resource industries around the world. He was president and senior partner for 21 years. He then joined Sherritt Gordon Mines Ltd. where he became Vice President, Technology, following which he became Vice President of Technology and Engineering at Inco Limited before retiring in 2005. He is a Professional Engineer and a Fellow of the Institute of Mining and Metallurgy in England.

Mr. Horn is a registered professional geoscientist with 38 years experience in exploration and mining in South America, Africa, Australia, Europe, China, Indonesia, Canada and the USA. Prior to joining Inco Limited as Vice President, Exploration in 1995 he was Vice-President, Exploration with BP Canada and Vice President, Exploration of FMC Gold Company in the USA. He has served on several international committees on geology and mineral resources and was Chairman of the Ontario Geological Survey Advisory Board from 1997 to 2002. He retired from Inco in 2004 and is currently a Director of Meridian Gold Inc. He received the A. O. Dufresne Award in 2004 for services to Canadian mineral exploration.

Mr. Lyons has over 32 years experience in natural resource, manufacturing, real estate, merchant banking and corporate restructuring activities. Before retiring in 2004, he was a Managing Partner of Brookfield Asset Management. He is currently Chairman of Northgate Minerals Corp. and a director and officer of several other public companies, including B.C. Pacific Capital Corporation, Canaccord Capital Inc., Diamonds North Resources Ltd. and Polaris Minerals Corporation. He is past Chairman of the Mining Association of B.C. and a member of the Advisory Board of the Richard Ivey School of Business at the University of Western Ontario.

About Skye

Skye is an international mining company focused on becoming a new mid-tier nickel producer. It acquired the rights to its Guatemalan lateritic nickel project (the Fenix project) in December 2004 and is currently undertaking a feasibility study for a 50 million pound per year ferro-nickel operation using proven conventional smelting technology.

This News Release contains certain forward-looking statements that involve risks and uncertainties, such as statements of the Company's plans, objectives, strategies, expectations and intentions. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. All subsequent written and oral forward looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this notice.

Contact Information