eResearch

eResearch

September 17, 2007 15:43 ET

eResearch Issues Initiating Report on Skyline Gold Corporation With Speculative Buy Rating and 12-Month Target Price of $0.55

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2007) - eResearch analysts, Nigel Heath CFA and Bob Weir CFA, have written an Initiating Report on Skyline Gold Corporation (TSX VENTURE:SK). Skyline Gold is a Vancouver-based mineral exploration company focused on exploration at its Bronson Slope Property in northwestern British Columbia.

The Analysts state, "The reawakening Bronson Slope Property provides investors with a highly attractive resource value per share (and increasing). While this is partially offset by the infrastructure challenges, these are not insurmountable. Bronson Slope is not as remote as it once was."

Highlights from the report are as follows:

- After an eight year period of inactivity, Skyline has restarted activity at its Bronson Slope deposit.

- The Bronson Slope Property is well advanced with much of the work completed in the 1990s, but in need of updating. Currently at the pre-feasibility stage, with report expected later in 2007.

- Skyline provides investors with an exciting exploration play in the "Golden Triangle" region of northwestern British Columbia, a short distance from Barrick Gold's Eskay Creek, NovaGold's Galore Creek and Copper Fox's Shaft Creek.

- The gold/copper/silver/molybdenum resource value per share is extremely attractive.

- Main challenges are infrastructure related i.e. electricity and road access. Having recently visited the site, we believe these are manageable.

- Skyline will need to raise additional capital to advance the property further.

This Press Release was prepared by eResearch and was not vetted by Skyline Gold Corporation. Further, the Recommendation and Target Price contained in this report are strictly those of eResearch and, due to securities laws, are not endorsed by Skyline Gold Corporation.

eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential of reaching millions of global investors through our extensive electronic distribution network. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered. Our sole business is providing quality, unbiased research.

Contact Information