RICHMOND, BRITISH COLUMBIA--(MARKET WIRE)--May 9, 2008 -- Skyline Gold Corporation ("the Company") (CDNX:SK.V - News) engaged in the business of exploring for precious and base metals from its properties in northwestern British Columbia's 'Golden Triangle' announces that it has arranged, subject to regulatory approval, a non-brokered private placement consisting of up to 2,000,000 flow-through shares at a price of $0.15 per share to qualified investors. Finders' fees may be payable in accordance with TSX Venture Exchange policies.

The proceeds from the private placement will be used for general exploration activities on the Company's Bronson Slope gold-copper-silver-molybdenum property.

ON BEHALF OF THE BOARD OF DIRECTORS

SKYLINE GOLD CORPORATION.

J.J. (Jeff) Smulders, President

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

     Contacts:
     Skyline Gold Corporation
     J.J. (Jeff) Smulders
     President
     (604) 270-3878
     (604) 270-3858 (FAX)
     Website: http://www.skylinegold.com