SBD Skybridge Development Com Npv

THUNDER BAY, ON is pleased to announce the commencement of a Phase 1 3000m program of diamond drilling at its 100% owned Blue Caribou Project in Nunavut.

The Blue Caribou Project contains a high-grade copper and molybdenum prospect with accessory silver and gold. Grades up to 9.6% copper, 0.07% molybdenum, 17.37 g/tonne silver and 0.31 g/tonne gold were obtained from sampling of frost heaved angular semi-massive chalcopyrite boulders along the structure. Chip sampling across the zone where partially exposed in bedrock 800m west also returned 2.58% copper, 0.12% molybdenum, 25.85 g/tonne silver and 0.31 g/tonne gold over 12m.

The Company notes excellent coincidence of the highest grade copper samples with strong Max-Min electromagnetic ground anomalies. As a result, the main Blue Caribou structure has highly prospective drill-ready targets which have never been previously tested. The present drill program is designed as a preliminary test of size and grade potential of the Blue Caribou structure.

This press release has been prepared under the on-site supervision Iain Downie, P.Eng. a Qualified Person under NI 43-101.

For further information, please review the Skybridge website at www.skybridgedevelopment.com

ON BEHALF OF THE BOARD OF DIRECTORS

Abraham Drost, P.Geo. President
info@skybridgedevelopment.com

401-1113 Jade Court Thunder Bay, ON
Canada P7B-6M7 Ph: 807-345-3306

This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results including the statements herein that: i) the Company anticipates that the size and grade potential will be confirmed by a diamond drilling program and that such program now underway. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing and as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon.

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

Shares Issued: 15,545,000

Distributed by Filing Services Canada and retransmitted by Marketwire

Abraham Drost, P.Geo. President Email Contact 401-1113 Jade Court Thunder Bay, ON Canada P7B-6M7 Ph: 807-345-3306

Skybridge Development Com Npv (TSXV:SBD)
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Skybridge Development Com Npv (TSXV:SBD)
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