Skye Resources Inc.
TSX VENTURE : SKR
TSX : SKR

Skye Resources Inc.

November 29, 2005 10:06 ET

Skye Resources Announces Addition to Board of Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 29, 2005) - Skye Resources Inc. ("Skye") today announced that David S. Smith is joining the Company's Board of Directors. Mr. Smith is Chief Financial Officer of Ballard Power Systems Inc. and has significant mining industry experience.

"I am delighted that someone with David's mining company background and broad financial management experience is joining the Board," said Ian Austin, President & CEO Skye Resources Inc.

Prior to joining Ballard in 2000, Mr. Smith was a Vice President with Placer Dome where he held a number of positions over a 16 year period in Corporate Relations, Business Development and Finance in the United States, Chile, and Canada. He is a Certified Public Accountant and holds a Bachelor of Science, Business Administration, from California State University, Sacramento.

About Skye

Skye is an international mining company focused on becoming a new mid- tier nickel producer. The Company 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.

Contact Information

  • Skye Resources Inc.
    Ian G. Austin
    Chief Executive Officer
    (604) 602-9500
    Website: www.skyeresources.com

    or

    The Equicom Group
    David Feick
    Investor Relations
    (416) 815-0700

    or

    The Equicom Group
    Martti Kangas
    Investor Relations
    (416) 815-0700