Skyline Gold Corporation
TSX VENTURE : SK

Skyline Gold Corporation

November 18, 2009 15:30 ET

Skyline Gold 2009 Bronson Slope Drill Program Assays Include 81 Metres Grading 2.12 Grams Per Tonne Gold and 30.4 Grams Per Tonne Silver

RICHMOND, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2009) - Skyline Gold Corporation ("the Company") (TSX VENTURE:SK), a company engaged in the exploration and development of its Bronson Slope porphyry style gold-copper deposit in north western British Columbia's 'Golden Triangle', is pleased to announce assay results from its 2009 drilling program.

Drilling cross-cut the trend of mineralization that was identified on surface and is believed to plunge steeply. Highlights of assays are summarized below:



HOLE SK-09-02

Approximate
Vertical Depth
Core Interval Below Surface Width Gold Silver Copper Zinc
(From - To) (From - To) (m) g/t g/t % %

39.0 m - 120.0 m 20 m - 59 m 81.0 2.12 30.4 0.08 0.70
Includes:
48.0 m - 75.0 m 24 m - 37 m 27.0 4.36 75.9 0.13 1.15

202.7 m - 221.4 m 98 m - 106 m 18.7 1.86 11.5 0.04 0.43

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6.1 m - 290.8 m 3 m - 140 m 284.7 0.97 12.0 0.04 0.36
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HOLE SK-09-01

Approximate
Vertical Depth
Core Interval Below Surface Width Gold Silver Copper Zinc
(From - To) (From - To) (m) g/t g/t % %

5.5 m - 32.0 m 3 m - 20 m 26.5 1.50 17.2 0.07 0.29

166.0 m - 188.4 m 100 m - 116 m 22.4 1.82 14.5 0.05 1.27

234.1 m - 248.0 m 144 m - 152 m 14.0 2.21 23.2 0.12 2.11

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3.7 m - 438.0 m 2 m - 270 m 435.3 0.47 6.6 0.03 0.34
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David Jensen, P.Eng., President of Skyline Gold, comments, "I am delighted with the drill program results indicating presence of bulk high-grade gold and silver mineralization very near to surface in this new zone on the Snip-1 claim. We will look forward to further exploring this zone in 2010 with a view to determining its potential to provide bulk high-grade mill feed for the proposed Bronson Slope mine."

Visible gold was observed at several drill core sections from hole SK-09-02 and at one location from SK-09-01. Further assay work on these sections including screening for metallics will be undertaken and released to market upon completion and review. Raw assay data for each of the drill holes will be posted to the company's website.

The two holes, SK-09-01 and SK-09-02, were drilled from the drill pad established for hole 911 that was drilled in 1988. Hole SK-09-01 was drilled to 438 m at an azimuth of 011 degrees to true north and a dip of -65 degrees from horizontal. Hole SK-09-02, which steps-out to new ground to the east, was drilled to 291 m at an azimuth of 061 degrees to true north and a dip of -55 degrees from horizontal.

The holes are located approximately 900 m south east of the nearest Bronson Slope deposit drill hole, on the "Snip-1" claim and on-trend with the Bronson Slope deposit.

Drilling was initiated on October 10 and completed on October 19, 2009. The 729 m exploration drilling program was completed ahead of schedule and under the $250,000 program budget.

Assays were completed by ALS Chemex of North Vancouver, an ISO/IEC 9001-2000 certified laboratory. The following assay procedures were utilized:



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ANAYTICAL PROCEDURES
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ALS CODE DESCRIPTION INSTRUMENT
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Au-AA23 Au 30g FA-AA finish AAS
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Au-GRA21 Au 30g FA-GRAV finish WST-SIM
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ME-ICP41 35 Element Aqua Regia ICP-AES ICP-AES
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ME-OG46 Ore Grade Elements-Aqua Regia ICP-AES
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Ag-GRA21 Ag 30g FA-GRAV finish WST-SIM
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Zn-OG46 Ore Grade Zn-Aqua Regia VARIABLE
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Cu-OG46 Ore Grade Cu-Aqua Regia VARIABLE
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David Yeager, P.Geo., the Company's consulting geologist who meets the requirements of a Qualified Person in accordance with N.I. 43-101 has reviewed this news release for technical correctness.

ON BEHALF OF THE BOARD OF DIRECTORS

SKYLINE GOLD CORPORATION

David Jensen, P.Eng., President

Cautionary Statement

Statements in this release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the Company can fulfill such forward-statements and the Company undertakes no obligation to update statements. Such forward looking statements are only predictions; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company's control.

Neither 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.

Contact Information

  • Skyline Gold Corporation
    David Jensen, P.Eng.
    President
    604.270.3878
    604.270.3858 (FAX)
    www.skylinegold.com