September 30, 2009 (FinancialWire) — Skyline Gold Corp. (TSX Venture: SK), a company engaged in the exploration and development of its 2.6 million ounce Bronson Slope gold deposit in north western British Columbia’s ‘Golden Triangle’, has initiated a project to analyze drill core from the Bronson Slope project to quantify and add magnetite to the project’s N.I. 43-101 compliant mineral resource estimate.

A report prepared by BC Mining Research Ltd. in September 2008 found that a composite test sample from Bronson Slope drill core contained 7.53% magnetite by mass. An important end use of magnetite is as the “heavy media” in the preparation of clean coal using the gravity separation process.

This project will be managed for the company by Arnd Burgert, P.Geo. and the resource update Technical Report will be completed by Al Burgoyne, P.Eng. M.Sc. of Burgoyne Geological Inc. and Gary Giroux, P.Eng., M.A.Sc. of Giroux Consultants Ltd. Release of the updated resource is targeted for December 2009. BC Mining Research Ltd. will act as metallurgical consultants to the project.

The Bronson Slope deposit contains an N.I. 43-101 compliant mineral resource of 225,100,000 tons on a measured and indicated basis and is estimated to contain 2.6 million ounces of gold, 16.1 million ounces of silver, 694.9 million pounds of copper, and 38.2 million pounds of molybdenum.

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