Stikine Gold Corporation

Stikine Gold Corporation

April 25, 2007 17:40 ET

Stikine to Commence Airborne Survey on Huskie Uranium Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 25, 2007) - Stikine Gold Corporation (the "Company", "Stikine") (TSX VENTURE:SKY) announces that it will conduct an airborne geophysical survey over its Huskie Uranium Property, located on the southern boundary of the Athabasca Basin in northern Saskatchewan. The 38,369 hectare (94,812 acres) property is located approximately 100 km (60 miles) west of the Key Lake Mine/Mill complex and 22 km (13 miles) south of Cameco's Virgin River Project.

The MEGATEM electromagnetic and magnetic survey will commence during the first week of May 2007 and will be carried out by Fugro Airborne Surveys using a De Havilland DH7 (Dash-7) flying grid lines over 1,969 line kilometers targeting prospective areas.

In conjunction with the airborne survey, Stikine Gold Corporation has also engaged TerraNotes Ltd. to carry out geophysical analysis and interpretation of preliminary data, followed by sophisticated modeling of the airborne survey dataset.

The Huskie Uranium Property claims straddle the important Athabasca Basin Unconformity and have geological similarities to both the Key Lake and Virgin River settings. Exploration work in the area dates to the 1960's and has identified clastic sediments of the Athabasca Group north of the unconformity, and moraine material covers much of the unconformity. That moraine cover has historically limited any detailed exploration at the property. Importantly, two large-scale fault systems are recognized on the property, including a series of NE trending faults and a set of NW trending faults. Both structural domains are considered potential controls for uranium mineralization and proximity to the unconformity suggests relatively shallow target depths. Silt and lake sediments, float and boulders sampled to date on the property indicate anomalously radioactive, hematized, quartz-pebble conglomerate, believed to be from the moraine-covered unconformity on the claims.


Scott E. Broughton, P.Eng. - President and CEO

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