GOLDEN SKY MINERALS CORP.


Associated tags: Hotspot, Golden Sky, Rayfield, TSX Venture Exchange, Telephone, News, Mining, Gold, Geology, Legislation, Accident, Uranium, Soil

Locations: VANCOUVER, BC, CA, COPPER MOUNTAIN, CU, BRITISH COLUMBIA, CANADA, YUKON, BULLSEYE

Golden Sky Announces Commencement of a Geophysical IP Survey at the Rayfield Copper-Gold Property, South-Central British Columbia

Retrieved on: 
Tuesday, April 23, 2024
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VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (“Golden Sky” or “The Company”) is pleased to announce that it has commenced a 15-line kilometre geophysical induced-polarization (IP) survey at the Rayfield Target zone on its 100%-owned Rayfield Copper-Gold Property in south-central British Columbia, Canada (Figures 1 & 2).

Key Points: 
  • VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (“Golden Sky” or “The Company”) is pleased to announce that it has commenced a 15-line kilometre geophysical induced-polarization (IP) survey at the Rayfield Target zone on its 100%-owned Rayfield Copper-Gold Property in south-central British Columbia, Canada (Figures 1 & 2).
  • Phase 2 will consist of up to 3,000 metres of diamond drilling to test the geochemical anomalies and geophysical anomalies identified from the IP survey.
  • John Newell, President and CEO of Golden Sky Minerals, states: “The management, directors, and geological team at Golden Sky Minerals are pleased to announce the commencement of an IP Survey at our Rayfield property.
  • In 2006, the Geological Survey of Canada conducted a geophysical program, which included magnetic and radiometric surveys, over the Rayfield Property.

Golden Sky Receives Permit to Drill the Rayfield Copper-Gold Property, South-Central British Columbia

Retrieved on: 
Thursday, December 14, 2023
Pluton, Anomaly, Pathfinder, Zinc, Figure, Geology, Vanadium, Imperial, News, Rayfield, Barium, Sample, IP, Orientation, Quesnellia, Soil, House, Rare-earth element

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (“Golden Sky” or the “Company”) is pleased to announce that it has received a permit to drill at the Rayfield Target zone on the 100%-owned Rayfield Copper-Gold Property (the “Rayfield Property”) in south-central British Columbia, Canada (Figures 1 & 2).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (“Golden Sky” or the “Company”) is pleased to announce that it has received a permit to drill at the Rayfield Target zone on the 100%-owned Rayfield Copper-Gold Property (the “Rayfield Property”) in south-central British Columbia, Canada (Figures 1 & 2).
  • John Newell, President and CEO of Golden Sky, states: “The management, directors, and geological team at Golden Sky are excited to advance the Rayfield Property, with the recent news that the Company has received a multi-year drill permit.
  • Golden Sky believes that, with modern exploration methods, there is significant potential to discover additional mineralized zones at depth (Figure 5).
  • Historical induced polarization surveys extend only to ~125m of depth and many of the historical drill holes ended in mineralization.

Golden Sky Stakes 263 km² Property East of the Beardmore-Geraldton Greenstone Belt, Ontario

Retrieved on: 
Monday, November 27, 2023
Gold, Property, Mining

VANCOUVER, British Columbia, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (the “Company” or “Golden Sky”) is pleased to announce that, through staking, the Company has acquired the district-scale 26,300-hectare Auden Gold Property ~50 km east of the Beardmore-Geraldton Greenstone Belt, Ontario, Canada (Figure 1).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (the “Company” or “Golden Sky”) is pleased to announce that, through staking, the Company has acquired the district-scale 26,300-hectare Auden Gold Property ~50 km east of the Beardmore-Geraldton Greenstone Belt, Ontario, Canada (Figure 1).
  • The Property is 100% owned by Golden Sky with no underlying royalties.
  • The road-accessible Auden Gold Property is located approximately 65 km northwest of Hearst, Ontario, and is in close proximity to the paved Highway 11.
  • John Newell, President and CEO of Golden Sky Minerals, states: “The acquisition of a new mineral exploration property near the renowned Geraldton-Beardmore gold district in northern, Ontario, marks a significant expansion for Golden Sky Minerals.

Golden Sky Continues to Expand the Semlin Porphyry-Style Target to 1.7 x 0.9 km, Rayfield Property, British Columbia

Retrieved on: 
Tuesday, October 31, 2023
Gold, Anomaly, Geological Survey of Canada, Propylitic alteration, Imperial, Geology, Orientation, Copper, CU, Sample, Soil, Zinc, Sericite, Gnome, House, Pathfinder, Collection, Rare-earth element, Road, Rayfield, Semlin

The main soil grid was designed to infill and extend geochemical anomalies previously identified over the Semlin Target zone.

Key Points: 
  • The main soil grid was designed to infill and extend geochemical anomalies previously identified over the Semlin Target zone.
  • This anomaly flanks and overlies an area with known bedrock-hosted disseminated and veinlet-style copper (Cu) and gold (Au) mineralization.
  • Rock sample C00064614 (2022) was of a 4 cm-wide sulphide-rich vein that assayed 55 ppb Au and 0.2% Cu) (Figure 3).
  • As a follow-up to these encouraging results, a drill permit has been applied for, which will include the Gnome and Semlin target zones (see December 6, 2022 News Release).

Golden Sky Minerals Corp. Receives Shareholder and Court Approvals to Plan of Arrangement

Retrieved on: 
Friday, March 17, 2023
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In addition, Golden Sky is pleased to announce that on January 30, 2023, it obtained a final order from the Supreme Court of British Columbia to the implementation of the Arrangement.

Key Points: 
  • In addition, Golden Sky is pleased to announce that on January 30, 2023, it obtained a final order from the Supreme Court of British Columbia to the implementation of the Arrangement.
  • Under the terms of the Arrangement, shareholders of Golden Sky are entitled to receive 0.5 of one common share of Thunderbird (“Thunderbird Share”) for every one Golden Sky share (“Golden Sky Share”) held.
  • After the effective date of the Arrangement, each issued and outstanding Golden Sky common share purchase warrant (“Golden Sky Warrant”) will entitle the holder to receive, upon due exercise of the Golden Sky Warrant, for the original exercise price, one Golden Sky Share that was issuable upon exercise of the Golden Sky Warrant immediately prior to the effective date, and 0.50 of one Thunderbird Share for each Golden Sky Share.
  • Each holder of a Golden Sky incentive stock option (“Golden Sky Option”) has agreed to waive any right to receive Thunderbird Shares in addition to the Golden Sky Shares to which each option holder was entitled to receive upon exercise of the holder’s Golden Sky Option.

Golden Sky Defines a 600 m x 475 m gold-in-soil anomaly with values up to 552 ppb Au at the Sure Bet North zone, Hotspot Property, Yukon Territory

Retrieved on: 
Tuesday, January 10, 2023
Soil, Erosion, Gold, Craps, Permafrost, Anomaly, Antimony, Arsenic, Rare-earth element, Silviculture

The West Valley zone (Figure 2) was also further defined by soil sampling in 2022 (Figure 3 & 4).

Key Points: 
  • The West Valley zone (Figure 2) was also further defined by soil sampling in 2022 (Figure 3 & 4).
  • Despite sampling difficulties, a ~600 m x 300 m arsenic-in-soil anomaly was defined, with sporadic elevated gold and antimony values.
  • Figure 2: A larger and more defined gold system has now been delineated at the Sure Bet North zone.
  • Figure 3: Multi-element geochemistry has defined a ~1000 m x 600 m anomalous zone within the Sure Bet North zone.

Golden Sky Minerals Defines Several Highly Prospective Gold Trends on its Eagle Mountain, Cassiar Gold District, British Columbia

Retrieved on: 
Tuesday, December 13, 2022
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Anomalous gold values in soils proved effective at delineating several gold trends interpreted to be gold-bearing quartz veins hosted in faults and/or shears.

Key Points: 
  • Anomalous gold values in soils proved effective at delineating several gold trends interpreted to be gold-bearing quartz veins hosted in faults and/or shears.
  • “The fieldwork in 2022 has been critical for proving the gold potential of the Eagle Mountain Property”, stated Cameron Dorsey, VP Exploration for Golden Sky.
  • “Prospecting and soil sampling proved to be very effective tools for discovering and defining gold prospects within each zone.
  • About Golden Sky Minerals Corp.
    Golden Sky Minerals Corp. is a well-funded junior grassroots explorer engaged in the acquisition, assessment, exploration, and development of mineral properties located in highly prospective areas and mining-friendly districts.

Golden Sky Identifies Two Potential Copper Porphyry-Style Targets at the Gnome and Semlin Zones, Rayfield Property, British Columbia

Retrieved on: 
Tuesday, December 6, 2022
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The program included the collection of ~857 B-horizon soil samples within the Gnome and Semlin Target Zones (Figure 3).

Key Points: 
  • The program included the collection of ~857 B-horizon soil samples within the Gnome and Semlin Target Zones (Figure 3).
  • With this exciting news, we can now confidently say that the Rayfield property contains at least 3 large porphyry-style drill targets (Rayfield, Gnome and Semlin zones) with excellent potential.
  • Polly mines to the north and the giant Highland Valley and Afton deposits to the south, the potential for discovery is excellent.
  • Figure 2: The Rayfield, Gnome and Semlin zones are all defined by large multi-element soil geochemistry that is indicative of buried porphyry systems.

Golden Sky Minerals Corp. Announces Appointment of New Officers and Granting of Stock Options

Retrieved on: 
Friday, October 21, 2022
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Ms. Gomes has vast financial planning and analysis experience working for a large corporation, where she worked for 16 years.

Key Points: 
  • Ms. Gomes has vast financial planning and analysis experience working for a large corporation, where she worked for 16 years.
  • The Companys Board of Directors has approved the issuance of incentive stock options to purchase an aggregate of 439,000 common shares to directors, officers and consultants to the Company.
  • The options have a term of five years, with an exercise price per share of C$0.20 per share and vest immediately.
  • About Golden Sky Minerals Corp.
    Golden Sky Minerals Corp. is a well-funded junior grassroots explorer engaged in the acquisition, assessment, exploration, and development of mineral properties located in highly prospective areas and mining-friendly districts.

Rock Samples Return Grades up to 286 g/t gold (Au), 200 g/t silver (Ag) and 37.46% Copper from the Mowich Zone on the Rayfield Property, British Columbia

Retrieved on: 
Tuesday, September 27, 2022
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One kilometer to the southeast of the Discovery showing lies another historical showing (the Mowich Lake Copper showing - assays pending).

Key Points: 
  • One kilometer to the southeast of the Discovery showing lies another historical showing (the Mowich Lake Copper showing - assays pending).
  • The main minerals are azurite, malachite and chrysocolla, with a high incidence of hyalite, a type of opaline silica.
  • Significant magnetic anomalies border these major northwest-trending faults that may have concentrated magmatic activity in the area.
  • Importantly, a past-producing placer gold creek (Criss Creek) crosscuts the southeast edge of a mapped unit of mineralized diorite/monzodiorite.