Skye Resources Inc.
TSX : SKR

Skye Resources Inc.

March 25, 2008 15:28 ET

Skye Resources to Present at John Tumazos Very Independent Research, LLC 2008 Metals Conference

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 25, 2008) - Skye Resources Inc. (the "Corporation" or "Skye") (TSX:SKR) will present an overview of Skye's Fenix Project at the John Tumazos Very Independent Research, LLC 2008 Metals Conference on Thursday, March 27, 2008 in New York at 4:00 p.m. eastern daylight time (1:00 p.m. PDT).

The presentation will be audio webcast with presentation slides. Links to the webcast and slides will be available on Skye's website at www.skyeresources.com at both the home page and Investor Relations section under Presentations, and will be archived for 90 days. The webcast and slides may also be accessed at
http://www.wsw.com/webcast/vir/skr/.

About Skye

Skye is an international mining company focused on becoming a new mid-tier nickel producer. Skye acquired the rights to its Guatemalan lateritic nickel project (the Fenix project) in December 2004 and in October 2006 completed a feasibility study for a ferro-nickel project at Fenix using proven conventional smelting technology. In 2007 Skye received its environmental permits for the project, completed basic engineering and filed a Technical Report. Skye is preparing to initiate construction once financing is in place.

Cautionary Notices:

This news release contains certain forward-looking statements that involve risks and uncertainties, such as statements of Skye'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 Skye, or its management, are intended to identify such forward-looking statements. Many factors could cause Skye'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. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited factors described under the heading "Risk Factors" in Skye's most recent Annual Information Form filed on Sedar. The forward-looking statements included in this news release represent Skye's views as of the date of this news release. While Skye anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing its views as of any date subsequent to the date of this news release. All subsequent written and oral forward-looking statements attributable to Skye or persons acting on its behalf are expressly qualified in their entirety by this notice.

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