Skyline Gold Corporation

Skyline Gold Corporation

January 20, 2012 12:11 ET

Skyline Strengthens Management Team

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 20, 2012) - Skyline Gold Corporation (TSX VENTURE:SK) ("Skyline" or the "Company") is pleased to announce that Susan P. Craig, M.Sc., P.Geo., has joined the Company as Vice-President Corporate Development.

Ms. Craig is a professional geologist with over 20 years experience in exploration and mine development in North America. She was President and founder of Northern Freegold Resources Ltd., a company which outlined multiple National Instrument 43-101 compliant gold resources at the Freegold Mountain Project in the Yukon. Prior to Northern Freegold, Susan was Land and Environmental Manager at NovaGold Resources Inc. where she was instrumental in the environmental assessment and permitting of the Galore Creek Project in northwestern British Columbia. During the work at Galore Creek, Ms. Craig was part of a team that won an award from AMEBC for excellence in social and environmental responsibility.

Ms. Craig takes an active interest in the associations and groups within the mining industry in British Columbia and the Yukon. Some of her key roles include Chair of Mineral Exploration Roundup Conference, member of the Yukon Mineral Advisory Board and a director of the Yukon Chamber of Mines.

John Zbeetnoff, CEO of Skyline, commented, "I am extremely pleased that Ms. Craig has agreed to join the management team at Skyline and take on the role of VP Corporate Development. Her skills and abilities will be valuable assets as the Company focuses on searching for high-grade gold mineralization similar to the Snip Gold Mine on the Company's Iskut Property in northwest British Columbia."

Ms. Craig's duties will include marketing, investor introductions, establishing relationships with communities and First Nations, advice on baseline environmental work, advice on permit applications and liaison with regulators as well as establishing relationships at political and association levels.

In conjunction with her appointment, Ms. Craig has been granted 525,000 stock options at an exercise price of $0.205 ($0.02 above the close of market on January 19, 2012) and which will have a term of five years; 25% will vest immediately and the remainder will vest annually in 25% increments over the next three years.

On Behalf of the Board of Directors

Skyline Gold Corporation

John Zbeetnoff, Chief Executive Officer

Cautionary Statements

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