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Skygold Ventures Ltd. and Wildrose Resources Ltd.: Step Out Drill Sections Return the Most Expansive Mineralization to Date at Spanish Mountain.


VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Skygold Ventures Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:SKV SKV Sport Und Kulturverein (St. Oswald)
SKV Socket Version
) and Wildrose Resources Ltd. (TSX VENTURE:WRS WRS Wisconsin Retirement System
WRS Weather Reconnaissance Squadron (USAF)
WRS Worldwide Reference System (USGS)
WRS Water Recovery System
WRS Wildlife Reserves Singapore
) are pleased to announce that step-out diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral  within the Main Zone continues to intersect In a relational database, to match two files and produce a third file with records that are common in both. For example, intersecting an American file and a programmer file would yield American programmers.   wide zones of gold mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 on the Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river.  Mountain property, in central British Columbia.

Results for four additional diamond drill holes (266 - 269) have been received. These holes were completed within the area of the Main Zone. This area of detailed drilling has been remarkably consistent and now stretches north south for 440 metres within the Main Zone and remains open along the projected 1.2 kilometre long mineralized min·er·al·ize  
v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es

v.tr.
1. To convert to a mineral substance; petrify.

2. To transform a metal into a mineral by oxidation.

3.
  trend. A plan map of the detailed area with all holes and intercepts has been updated on the company website at www.skygold.ca.

Holes 266 and 268, located 60 metres and 120 metres west of hole 265 respectively, intersected 109.5 metres of 1.12 g/t gold and 72.0 metres of 1.22 g/t gold. These three holes complete the furthest section line to the north for which results have been received. This section contains the most expansive zone of mineralization intersected to date with gold intercepts ranging from 72 metres to 135 metres. This cross-section cross section also cross-sec·tion
n.
1.
a. A section formed by a plane cutting through an object, usually at right angles to an axis.

b. A piece so cut or a graphic representation of such a piece.

2.
 can be viewed on the company website at www.skygold.ca.

The following table lists the intercepts from this cross-section noting hole 265 was previously released on November November: see month.  25th, 2005.
----------------------------------------------------------------
                    From            To     Interval         Gold
Hole No.              (m)           (m)          (m)        (g/t)
----------------------------------------------------------------
05-DDH-265          23.6         159.1        135.5         1.00
----------------------------------------------------------------
 Including          49.1         89.35        40.25         1.31
----------------------------------------------------------------
 Including          49.1          68.1           19         1.92
----------------------------------------------------------------
 and               143.5         159.1         15.6         2.83
----------------------------------------------------------------
 Entire Hole         6.7        223.75       217.05         0.69
----------------------------------------------------------------

----------------------------------------------------------------
05-DDH-266          25.5         135.0        109.5         1.12
----------------------------------------------------------------
 Including          43.5         123.5         80.0         1.43
----------------------------------------------------------------
 Including          43.5         76.75        33.25         1.72
----------------------------------------------------------------
 Including          43.5          60.5         17.0         2.62
----------------------------------------------------------------
 or                 50.0          60.5         10.5         3.59
----------------------------------------------------------------

----------------------------------------------------------------
05-DDH-268          73.5         145.5           72         1.22
----------------------------------------------------------------
 Including          73.5           138         64.5         1.31
----------------------------------------------------------------
 Including          73.5         104.5           31         2.13
----------------------------------------------------------------
                     248           277           29         0.52
----------------------------------------------------------------
 Including           248         261.5         13.5         0.77
----------------------------------------------------------------

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



Hole 267, drilled 30 metres north of hole 265, intersected 49.85 metres grading of 1.24 g/t gold including 22.5 metres of 2.07 g/t gold. Hole 269 drilled up-dip from previously announced hole 270 at the collar Collar

1. A protective options strategy that is implemented after a long position in a stock has experienced substantial gains. It is created by purchasing an out of the money put option while simultaneously writing an out of the money call option.

2.
 of 261 intersected two distinct zones of mineralization. The upper zone of hole 269 averaged 50.0 metres grading 1.25 g/t gold including 20.0 metres grading 1.74 g/t gold. In addition to the upper zone, hole 269 ended in mineralization which was more thoroughly tested in hole 270 which intersected 88.4 metres grading 1.01 g/t gold including 13.6 metres grading 2.57 g/t gold.

The following table summarizes the results from holes 267, 269 and 270 noting that hole 270 was previously announced on November 25th, 2005.
----------------------------------------------------------------
05-DDH-267         23.55          73.4        49.85         1.24
----------------------------------------------------------------
 Including          38.2          60.7         22.5         2.07
----------------------------------------------------------------
 Including         45.45          60.7        15.25          2.6
----------------------------------------------------------------
                     135         151.5         16.5         0.88
----------------------------------------------------------------

----------------------------------------------------------------
05-DDH-269          53.5         103.5         50.0         1.25
----------------------------------------------------------------
 Including          61.0          81.0         20.0         1.74
----------------------------------------------------------------
 Including          61.0          76.5         15.5         1.97
----------------------------------------------------------------
                   239.0         260.7         21.7         0.99
----------------------------------------------------------------
 Including         239.0         251.0         12.0         1.46
----------------------------------------------------------------

----------------------------------------------------------------
05-DDH-270          57.5         135.7         78.2         1.05
----------------------------------------------------------------
 Including          57.5            90         32.5         2.14
----------------------------------------------------------------
 and               212.4        300.84        88.44         1.01
----------------------------------------------------------------
 Including         212.4           228         15.6          1.6
----------------------------------------------------------------
 and               260.4        300.84        40.44         1.27
----------------------------------------------------------------
 Including         279.5         293.1         13.6         2.57
----------------------------------------------------------------



Reconnaissance This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.
You can assist by [ editing it] now.
 holes 05-RC-305 and 306 to the northeast “Northeastern” redirects here. For the Boston college, see Northeastern University, Boston.

Northeast or north east is the ordinal direction halfway between north and east. It is the opposite of southwest. See boxing the compass.
 of the Main Zone intersected broad zones of weakly weak·ly  
adj. weak·li·er, weak·li·est
Delicate in constitution; frail or sickly.

adv.
1. With little physical strength or force.

2. With little strength of character.
 anomalous a·nom·a·lous  
adj.
1. Deviating from the normal or common order, form, or rule.

2. Equivocal, as in classification or nature.
 gold values.

Results are pending for the remaining twenty-three drill holes, consisting of fifteen diamond drill holes and an additional 8 reverse circulation drill holes completed in 2005.

Much of the 2005 drilling concentrated on exploring the potential bulk mineable mineralization within the Main Zone. As previously mentioned, the Main Zone mineralized trend has been projected for over 1200 metres and remains opens along strike. The following table is a summary of the near surface intercepts within the Main Zone that lie within an 800 metre metre

In poetry, the rhythmic pattern of a poetic line. Various principles have been devised to organize poetic lines into rhythmic units. Quantitative verse, the metre of Classical Greek and Latin poetry, measures the length of time required to pronounce syllables,
 by 200 metre area of the gold bearing trend.
----------------------------------------------------------------
                    From            To        Width         Gold
Hole No.              (m)           (m)          (m)         g/t
----------------------------------------------------------------
RC 216              19.0          76.9        57.80         1.11
----------------------------------------------------------------
         Incl.      41.8          58.5        16.70         2.15
----------------------------------------------------------------
RC 221              26.5         105.8        79.30         1.16
----------------------------------------------------------------
         Incl.      78.3         105.8        27.50          2.2
----------------------------------------------------------------
RC 229              50.9          73.8        22.90         1.43
----------------------------------------------------------------
RC 235              22.9         117.4        94.50         1.81
----------------------------------------------------------------
         Incl.      22.9          88.4        65.50         2.35
----------------------------------------------------------------
         Incl.      65.5          88.4        22.90         5.04
----------------------------------------------------------------
RC 245               3.1         107.6       104.50         0.99
----------------------------------------------------------------
         Incl.      42.7         107.6        64.90         1.33
----------------------------------------------------------------
         Incl.      54.9          76.2        21.30         2.09
----------------------------------------------------------------
RC 246              94.5         129.5        35.00         1.13
----------------------------------------------------------------
RC 247              32.0         118.9        86.90          1.3
----------------------------------------------------------------
         Incl.     108.2         118.9        10.70         3.63
----------------------------------------------------------------
RC 249              36.6          89.9        53.30         2.05
----------------------------------------------------------------
         Incl.      51.8          67.1        15.30         4.28
----------------------------------------------------------------
RC 250              64.1         120.4        56.30         1.17
----------------------------------------------------------------
DDH 251             19.5          73.3        53.80         1.06
----------------------------------------------------------------
         Incl.      64.0          73.3         9.30         2.51
----------------------------------------------------------------
DDH 252             49.0         156.0       107.00         1.22
----------------------------------------------------------------
         Incl.      86.0        123.75        37.75         1.83
----------------------------------------------------------------
DDH 253             34.6         138.4       103.80         0.84
----------------------------------------------------------------
         Incl.      36.1          67.5        31.40         1.22
----------------------------------------------------------------
         and       131.4         138.4         7.00         2.65
----------------------------------------------------------------
DDH 254             12.6         103.2        90.60         1.15
----------------------------------------------------------------
         Incl.      38.8          85.7        46.90         1.59
----------------------------------------------------------------
DDH 255             55.8         107.0        51.20         1.49
----------------------------------------------------------------
         Incl.      71.5         107.0        35.50         2.02
----------------------------------------------------------------
         and      130.25         162.0        31.75         1.44
----------------------------------------------------------------
DDH 256             25.4          96.0        70.60         1.01
----------------------------------------------------------------
         Incl.      39.9          61.5        21.60         1.99
----------------------------------------------------------------
         and       126.3         138.3        12.00         2.88
----------------------------------------------------------------
DDH 257             12.0          16.5         4.50         1.29
----------------------------------------------------------------
         Incl.     136.6         149.7        13.10         1.05
----------------------------------------------------------------
DDH 260             5.18          89.9        84.72         1.03
----------------------------------------------------------------
         Incl.      40.5          60.0        19.50         2.64
----------------------------------------------------------------
DDH 265             23.6         159.1       135.50         1.00
----------------------------------------------------------------
         Incl.      49.1         89.35        40.25         1.31
----------------------------------------------------------------
         Incl.      49.1          68.1        19.00         1.92
----------------------------------------------------------------
DDH 270             57.5         135.7        78.20         1.05
----------------------------------------------------------------
         Incl.      57.5          90.0        32.50         2.14
----------------------------------------------------------------
RC 303            110.95        164.59        53.64         0.49
----------------------------------------------------------------
         Incl.    153.62        164.29        10.97         0.93
----------------------------------------------------------------
RC 304             41.76        108.81        67.05         0.87
----------------------------------------------------------------
         Incl.     73.76        108.81        35.05         1.08
----------------------------------------------------------------
         Incl.     98.15        108.81        10.66         1.51
----------------------------------------------------------------
         Entire     3.66        108.81       105.15         0.61
         Hole
----------------------------------------------------------------



The Spanish Mountain mineralization continues to show continuity in both grade and thickness thickness (thik´nes) a measurement across the smallest dimension of an object.

triceps skinfold (TSF) thickness
. Additional drilling is needed to fully delineate the gold mineralization on the Spanish Mountain property, which remains open in all directions. An aggressive drill program is planned for early spring.

The Spanish Mountain project is a joint venture between Skygold Ventures Ltd. and Wildrose Resources Ltd. in which Skygold has a 70% participating interest and Wildrose has a 30% participating interest.

Eco Tech Laboratory Ltd. of Kamloops Kamloops (kăm`lps), city (1991 pop. 67,057), S British Columbia, Canada, at the junction of the North Thompson and South Thompson rivers. , B.C., an accredited accredited

recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria.


accredited herds
cattle herds which have achieved a low level of reactors to, e.g.
 laboratory, is conducting the sample preparation and analyses. Skygold/Wildrose is submitting standards, blanks and duplicates into the sample stream to maintain quality control. All gold analyses will utilize standard screen metallic assay ASSAY. A chemical examination of metals, by which the quantity of valuable or precious metal contained in any mineral or metallic mixture is ascertained. 2. By the acts of Congress of March 3, 1823, 3 Story's L. U. S. 1924; of June 25, 1834, 4 Shars. cont. Story's L. U. S.  techniques. Robert Robert, Henry Martyn 1837-1923.

American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876).

Noun 1.
 Darney, P.Geo. and J.W. (Bill) Morton Morton, village (1990 pop. 13,799), Tazewell co., central Ill., in a grain-farming and livestock area; inc. 1877. Food is canned, and tractor parts, washing machines, and pottery are manufactured. , 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.

Doug DOUG Dumb Old Utility Guy  Fulcher, President

On Behalf of the Board,

Wildrose Resources Ltd.

Bill Morton Bill Morton was Chief Executive of the Scottish Qualifications Authority. He succeeded Ron Tuck, who resigned due to the SQA exams controversy in 2000. , President

This news release may contain certain "Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of Section 21E of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Securities Exchange Act of 1934, as amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed dis·close  
tr.v. dis·closed, dis·clos·ing, dis·clos·es
1. To expose to view, as by removing a cover; uncover.

2. To make known (something heretofore kept secret).
 in the Company's documents filed from time to time with the TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
, the British Columbia Securities Commission The British Columbia Securities Commission (BCSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of British Columbia. External links
  • Official site
  • About the BCSC
 and the US Securities and Exchange Commission.

The TSX Venture Exchange has not reviewed and does not accept resp onsibility for the adequacy or accuracy of this release.

Skygold Ventures Ltd. (TSX VENTURE:SKV)

Wildrose Resources Ltd. (TSX VENTURE:WRS)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 19, 2006
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