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 Skygold Ventures (SKV.v)

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cvac01
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PostSubject: Re: Skygold Ventures (SKV.v)   Fri Sep 12, 2008 9:22 am

SKYGOLD CLOSES OVER-ALLOTMENT OPTION

August 21, 2008
Vancouver, BC - Skygold Ventures Ltd. (the “Company”) (SKV:TSXV) is pleased to announce that it has issued 360,000 share purchase warrants at a price of $0.12 per warrant for proceeds of $43,200, pursuant to the partial exercise by National Bank Financial Inc. of an over-allotment option granted to cover over-allotments under the terms of the Company’s recently completed public offering of units and flow-through shares (see press release of July 31, 2008). Each warrant is exercisable at a price of $0.70 until July 31, 2010.
The Company intends to use the proceeds towards further exploration and analysis of its Spanish Mountain Property and SHG properties, both of which are located in British Columbia, and for working capital and general corporate purposes.

All dollar amounts in this news release refer to Canadian funds.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the U.S. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (“the U.S. Securities Act”), or any state securities laws and may not be offered, sold or delivered within the United States except in transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Skygold Ventures Ltd.

Skygold is a Vancouver-based mineral resource exploration and development company with a 100% interest in the Spanish Mountain Project located in the Cariboo Mining District, and is working towards a 100% interest in 316 mineral claims (collectively called the “SHG Properties”) also in the Cariboo Mining District. On July 9, 2008 Skygold announced the closing of the acquisition of its Spanish Mountain joint venture partner (30%), Wildrose Resources Ltd., resulting in Skygold now controlling 100% of the Spanish Mountain Project.

On behalf of the Board of Directors,

Brian Groves
President and CEO

SKYGOLD VENTURES LTD.
www.skygold.ca

For further information, contact:

Tim Mikula 604-484-6317 orB&D Capital Partners 604-685-6465
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cvac01
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PostSubject: Re: Skygold Ventures (SKV.v)   Fri Sep 12, 2008 9:22 am

SKYGOLD ANNOUNCES FURTHER DRILLING RESULTS FOR SPANISH MOUNTAIN.

August 19, 2008
Step out drilling intersects 14.5 m of 1.72 g/t gold 450 m west of the Main Zone.
Skygold Ventures Ltd. (“Skygold” or the “Company”) (SKV-TSXV) is pleased to announce further diamond drill results from the on-going exploration program on the Main Zone at its Spanish Mountain Project in Central British Columbia.
Highlights:


  • Hole 07-DDH-637 intersected 50.0m of 1.24 g/t gold including 15.5m of 1.70 g/t gold within the area of the initial NI 43-101 compliant resource estimate (the “Resource Area”).
  • Hole 07-DDH-635 intersected 10.5 m of 4.13 g/t gold 250m south west of the Resource Area.
  • Hole 08-DDH-741 intersected 21.0 m of 1.02 g/t gold 250m west of the Resource Area.
  • Hole 08-DDH-744 intersected 14.5 m of 1.72 g/t gold including 8.5m of 2.24 g/t gold 450m west of the Resource Area.
  • Hole 08-DDH-749 intersected 6.0 m of 6.26 g/t gold 400m northwest of the Resource Area.
  • Hole 08-DDH-766 intersected 24.5 m of 1.06 g/t gold on the eastern edge of the Resource Area.
  • Hole 08-DDH-778 intersected 15.0 m of 1.82 g/t gold including 10.5m of 2.39 g/t gold within the Resource Area.
* A complete list of significant results is attached at the end of this release.
Discussion of Results:
Drilling continues to expand upon the current NI 43-101 compliant resource at Spanish Mountain. The drill program is designed partly to expand upon the known resource and also to gain a better understanding of the distribution of gold mineralization on the property. The Main Zone still remains open in all directions. Drilling to date has confirmed the Company’s current understanding of lithological controls on gold mineralization. Structural controls have been recognized which appear to increase gold grades in the areas in which they occur. Hole 08-DDH-778 was drilled on the eastern edge of the Resource Area to test a structural concept. This hole intersected 10.5m of 2.39 g/t gold and remains open for follow up drilling. Similarly, Hole 08-DDH-744, drilled 450m west of the Resource Area, remains open for follow up drilling to the west and northwest.
The Resource Area continues to display continuity in all directions. The recognition of structural controls or corridors with attendant higher gold grades within and around the Resource Area provides Skygold with a focus for further exploration. Away from the Resource Area, drilling has identified broad areas (over 5.5 km2) of anomalous gold mineralization. Structural corridors, similar to those identified within the Resource Area, are being targeted within these broad areas. Such structural controls have been noted in many of the largest sediment hosted gold deposits in the world. These deposits typically contain significant volumes of lower grade gold mineralization within which narrow zones or structural corridors of higher grade gold mineralization make the deposit economic.
NQ and NQ2 core samples are typically collected in 1.5 metre intervals and cut in half using a diamond saw at Skygold’s secure on-site facility. Recoveries are generally better than 90%. Samples are shipped directly to Eco Tech Labs. Eco Tech Laboratories Ltd. of Kamloops BC, a BC accredited laboratory, is conducting the sample preparation and analyses of samples. Skygold routinely submits standards, blanks and duplicates into the sample stream to maintain quality control. All gold analyses will utilize standard screen metallic assay techniques. Robert Darney, P.Geo. and R. Bob Singh P.Geo are the qualified persons (as defined in NI 43-101) who have reviewed this news release.
On Behalf of the Board,
SKYGOLD VENTURES LTD

Brian Groves
Brian Groves.
President
Contact:
Tim Mikula www.skygold.ca
(604) 484-6317 or
B&D Capital Partners
(604) 685-6465
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cvac01
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PostSubject: Re: Skygold Ventures (SKV.v)   Fri Sep 12, 2008 9:21 am

SKYGOLD CLOSES PROSPECTUS FINANCING

July 31, 2008 – Vancouver, BC - Skygold Ventures Ltd. (the “Company”) (SKV:TSXV) is pleased to announce that it has closed its previously announced short form prospectus offering (see news releases dated June 11 and July 15) (the “Offering”) and raised gross proceeds of $11,031,600. The agents’ syndicate for the Offering was led by National Bank Financial Inc. and included PI Financial Corp. (the “Agents”).
At the closing of the Offering the Company issued 5,000,000 units (“Units”) and 13,386,000 “flow-through” common shares (the “Flow-Through Shares”). Each Unit was priced at $ 0.60 and consists of one common share and one-half of one common share purchase warrant (a "Warrant"). Each fullWarrant is exercisable at a price of $0.70 for a period of 24 months from closing. Each Flow-Through Share was priced at $0.60.
The Company has also granted the Agents an option (the “Over-allotment Option”) to cover over-allotments and for market stabilization purposes, exercisable in whole or in part, until the date that is 30 days after the date of closing of the Offering, to sell up to 761,000 additional Shares at a price of $0.54 per Share and 380,500 additional Warrants at a price of $0.12 per Warrant for additional gross proceeds to the Company of up to $456,600.
The Agents received a cash commission equal to 6.5% of the gross proceeds of the Offering. In addition, the Agents were granted a non-transferable option to acquire such number of common shares (“Agents’ Shares”) as is equal to 6.5% of the total number of Units and Flow-Through Shares sold under the Offering and under the Over-Allotment Option, at an exercise price of CDN $0.60 per Agents’ Share for a period of 12 months after the closing of the Offering.
The Company intends to use the net proceeds from the Unit portion of the Offering towards further exploration and analysis of its Spanish Mountain Property and SHG properties, both of which are located in British Columbia, and for working capital and general corporate purposes. The proceeds from the sale of the Flow-Through Shares shall be used primarily for the exploration and development program on the Spanish Mountain property and also on the SHG properties. The gross proceeds raised in connection with the Flow-Through Shares sold under the Offering are to be used for qualifying Canadian Exploration Expenses (“CEE”) under the Income Tax Act (Canada). The Company has agreed to incur on or before December 31, 2009 and renounce to each subscriber of Flow-Through Shares effective on or before December 31, 2008, CEE in an amount equal to the aggregate purchase price paid by such subscriber.
All dollar amounts in this news release refer to Canadian funds.
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cvac01
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PostSubject: Re: Skygold Ventures (SKV.v)   Wed Jul 09, 2008 9:31 am

July 9, 2008
Skygold Closes Wildrose Acquisition and Announces New Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 9, 2008) - Skygold Ventures Ltd. ("Skygold") (TSX VENTURE:SKV) announces today that all of the conditions to the acquisition by Skygold of Wildrose Resources Ltd. ("Wildrose"), pursuant to a plan of arrangement under the Business Corporations Act (British Columbia), have been satisfied and the acquisition has now been completed.

Skygold is pleased to announce the election of two new directors, Mr. Christopher Lattanzi and Mr. James Clare, to the Board of Directors of Skygold at the annual and special meeting of shareholders held on June 13, 2008.

Christopher Lattanzi is a mining engineer and was President of Micon International Limited, mineral industry consultants from its founding in 1988 to mid-2005. He has been active in the consulting area since 1967 when he joined David S. Robertson & Associates, Micon's predecessor firm. Prior to joining Robertson & Associates, he was in charge of mine design and operation for Canada's first oil sands operation. He has directed or participated in the preparation of feasibility studies for mineral deposits in Canada, the United States, Africa, Europe and Asia. These projects have involved base metals, precious metals and potash, and initial capital expenditures of up to about $500 million. Mr. Lattanzi recently served as Chairman and lead director of Meridian Gold Corp. prior to that company's merger with Yamana Resources Inc.

James Clare is a lawyer at Fraser Milner Casgrain LLP in Toronto specializing in Mining, Corporate Securities, and Mergers and Acquisitions. Mr. Clare has worked at the Ontario Securities Commission in the Corporate Finance Branch and on numerous resource transactions in the resource sector. He has significant experience in Canadian and international public and private corporate finance transactions, representing both issuers and underwriters. He has also advised public issuers on general corporate and securities law matters including stock exchange listings, continuous disclosure obligations and other regulatory compliance issues. Mr. Clare also serves as a director of Riverside Resources Inc.

As a condition of the acquisition of Wildrose by Skygold, Wildrose was permitted to identify one representative to be appointed to the board of directors of Skygold. Prior to closing of the acquisition, Wildrose identified Rupert Legge, LL.B as its representative. Mr. Legge is currently the Senior Vice President, Legal Affairs and Corporate Secretary for Plutonic Power Corporation, a company listed on the Toronto Stock Exchange that is developing "run of river" hydro-electric power generation projects. Prior to joining Plutonic in January 2008, Mr. Legge practiced securities and corporate finance law for more than 20 years at a major Vancouver law firm.

Mr. Brian Groves, President and CEO of Skygold, commented, "Skygold is very fortunate to have the three new directors join the Board. Each brings key skill sets to the Board as Skygold advances the Spanish Mountain Project. All gentlemen will contribute significantly to the company both at the project and corporate levels."

On behalf of the Board,

SKYGOLD VENTURES LTD.

Brian Groves, President and CEO
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cvac01
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PostSubject: Re: Skygold Ventures (SKV.v)   Tue Jun 17, 2008 5:46 pm

SKYGOLD UPDATES PROGRESS ON SPANISH MOUNTAIN PROJECT

June 16, 2008
Skygold Ventures Ltd. (“Skygold”) (SKV-TSXV) and Wildrose Resources Ltd. (“Wildrose”) (WRS- TSXV) are pleased to provide an update on the on-going exploration program at the Spanish Mountain Project in Central British Columbia. Skygold and Wildrose have previously announced the initial NI 43-101 compliant resource estimate (April, 2008) for a portion of the Main Zone of gold mineralization at Spanish Mountain.
At present, there are 61 drill holes with results which are currently not included in the resource calculation. Some of these holes are up to 300 metres away from the resource area and have reported some of the widest zones of higher grade gold mineralization ever drilled on the property. As previously disclosed on May 21, 2008, Hole 08-DDH-722 intersected 47.5 metres of 2.04 g/t gold including 25.0 metres of 3.19 g/t gold and 16.0 metres of 1.51 g/t gold in two separate zones 275 metres west of the resource area and Hole 08-DDH-699 intersected 58.5 metres of 1.13 g/t gold including 21.0 metres of 1.52 g/t gold 130 metres west of the resource area. An updated map showing the resource area within the Main Zone and drill holes located outside of the resource area can be found on Skygold’s website, www.skygold.ca.
The company has also reported high grade intercepts up to 2 km west of the resource area. At present, there is drill core from 48 drill holes within the Main Zone awaiting assay.
Drilling has begun on the Ropes of Gold (“R.O.G.”) target area which lies between 600 and 1000 metres south of the Main Zone resource area. The R.O.G. target was first recognized in 2007 as having some of the highest gold values in quartz veins on the property (grab sample G26205 assayed 232 g/t gold and several other samples have assayed in excess of 10 g/t gold). The gold bearing veins occur within a 700 metre long and approximately 600 metre wide north-east trending corridor. Recent geological mapping and sampling have confirmed the orientation of the veins and drilling has begun to test for gold mineralization similar to that of the Main Zone. Once an initial phase of drilling is complete in this area, the drill will move to test for the source of the gold mineralization found at the Cedar Creek placer gold deposit approximately 3km southwest of the Main Zone. Skygold has contracted an additional assay laboratory to help expedite assay turn around times and to remain on schedule to complete an updated resource estimate for the Main Zone in the fall of 2008.
Robert Darney, P.Geo. and J.W. (Bill) Morton, P.Geo. are the qualified persons (as defined in NI 43-101) who have reviewed this news release.
On Behalf of the Board,
SKYGOLD VENTURES LTD
Brian Groves
Brian Groves.
President
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cvac01
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PostSubject: Re: Skygold Ventures (SKV.v)   Thu Jun 12, 2008 12:56 am

Hi all,

Below is a post from a reliable source (IMO) on Stockhouse

Cheers,

cvac01

-----------------------------

SKV Update

Hi

McCoach is up on the Mtn Thursday, talking to the Coffins about a visit, Newmont next week. Kinross is making nice to some BC plays. And their cutting great deals with juniors. Look at the one with BCGold. A real sweetheart of a financing.

Kinross has even hired a guy full time to go around and look at all BC plays. They want to greatly expand their presence in BC and I for one would'nt be surprised to see a financing by Kinross for SKV.

One million ozs from the northwest is in the books, imo. I'm just waiting for assays to confirm. There excited about Cedar Creek and are drilling back up the Mtn in a zone they call "Ropes of Gold." Historical data talks about jewellry box type of gold finds, real ropes of gold.

Merger is done on the 13th of this month. I think a takeover or JV is possible between the merger and updated resource estimate due in August. At the very least we'll hear about a PP, hopefully with Kinross taking up to 10% of the company.

Spanish Mtn is going to, imo, hold at least my 5 million oz dream target and very possibly up to 7 million ozs. There's not very many deposits the size of this one around right now and its only going to get bigger.

SKV is, no doubt in my mind, suffering from past poor management and their various mistakes, add the general overall beating PM stocks have taken recently. That double whammey on top of newsletter writers games and you have what is I think a very beaten up stock, lots of it deserved but lots not either.
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PostSubject: Re: Skygold Ventures (SKV.v)   Thu Jun 12, 2008 12:53 am

June 11, 2008
Skygold Files Amended and Restated Financial Statements and MD&A for the Interim Period Ended March 31, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 11, 2008) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR U.S. DISSEMINATION

Skygold Ventures Ltd. (TSX VENTURE:SKV) (the \"Company\") today has filed an amendment to its unaudited interim financial statements and management's discussion and analysis for the three month periods ended March 31, 2008 and 2007, which were originally filed by the Company on May 29, 2008.

There were two significant changes that were made to the financial statements as follows:

- The original filing by the Company did not include the necessary adjustments for future income taxes on the renouncement of exploration expenditures to the investors of flow-through shares during the respective prior years. The effects for the three month period ended March 31, 2008 are the recognition of $946,462 (2007 - $2,078,400) of share issue costs resulting in a reduction of capital stock, an increase in future income tax liability of $817,588 (2007 - $30,000) and a future income tax recovery of $128,874 (2007 - $2,048,000).

- Legal fees for amounts unbilled by the Company's legal counsel in the amount of $48,526 to March 31, 2008 were accrued and are reflected in the amended balance sheet under Current Liabilities. The legal fees incurred were with respect to the Company's proposed agreement with Wildrose Resources Ltd.

As a result of the two adjustments above, the net loss for the period declined from $581,194 (2007 - $112,309) to $500,846 (2007 - net income of $1,936,090). Further, the changes result in an increase in total liabilities of $866,114 (from $4,127,504 to $4,993,618) and a corresponding reduction in shareholders' equity (from $19,015,745 to $18,149,631) on the balance sheet as at March 31, 2008.

The Company's audit committee of the Company's board of directors has determined that it is necessary to restate the interim financial statements and management's discussion and analysis for the items as noted above. Accordingly, the financial statements and management's discussion and analysis as previously published and filed in respect of such periods should no longer be relied upon.

SKYGOLD VENTURES LTD.

Brian Groves, President
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PostSubject: Skygold Ventures (SKV.v)   Thu Jun 12, 2008 12:52 am

June 11, 2008
Skygold Files Preliminary Short Form Prospectus For Proposed Offering of Shares
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 11, 2008) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR U.S. DISSEMINATION

Skygold Ventures Ltd. (TSX VENTURE:SKV) announced today that it has filed a preliminary short form prospectus with securities regulatory authorities in British Columbia, Alberta and Ontario in connection with a proposed public offering (the "Offering") of common shares of the Company for gross proceeds of up to $10 million. The Offering will be conducted on a best efforts agency basis through a syndicate of agents led by National Bank Financial Inc., and including PI Financial Corp. (the "Agents").

The pricing of the Offering will be determined based on market conditions at the time of filing of the final short form prospectus. Closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

The Company has also granted to the Agents an over-allotment option exercisable, in whole or in part, until the date that is 30 days after the date of closing of the Offering, to sell up to such number of common shares of the Company as is equal to 15% of the total number of shares sold under the Offering for additional gross proceeds of up to $1,500,000.

The Company intends to use the net proceeds of the Offering towards further exploration and analysis of its Spanish Mountain Property and SHG properties, both of which are located in British Columbia, and for working capital and general corporate purposes.

SKYGOLD VENTURES LTD.

Brian Groves, President
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