Golden Sky Minerals Corp. is pleased to announce that it has mobilized to its 100% owned Hotspot property for its inaugural ~1500m diamond drill program that will commence in mid-August 2021. Diamond drilling will further test the Sure Bet Zone, which is defined by a ~600m x 400m gold-in-soil anomaly with soil samples that range from 50 ppb Au to 4110 ppb Au. The Sure Bet Zone outlines a significant geochemical anomaly [...]
Golden Sky Minerals Corp. is pleased to announce that, through staking, the Company has acquired the approximately 10,000-hectare Eagle Mountain Gold Property in the Cassiar District of British Columbia, Canada. The Property is 100% owned by Golden Sky with no underlying royalties. The Eagle Mountain Project is located in a prolific past-producing gold district, which hosts Cassiar Gold Corp's neighboring Cassiar Project [...]
Golden Sky Minerals Corp. OTC is pleased to announce that, subject to regulatory approval, it has closed their private placement financing consisting of Non Flow Units and Flow-Through Units, for total gross proceeds of $3,343,148.88 "We are very proud to close this over-subscribed financing and we are grateful for the support of both new and existing strategic investors, including two institutional funds Crescat Capital [...]
Golden Sky Minerals Corp. OTC is pleased to announce that, subject to TSX Venture Exchange approval, due to overwhelming demand it is increasing the Non Flow-Through portion of their previously announced financing by up to $252,000 or 600,000 $0.42 NFT Units, each NFT Unit consisting of 1 common share and 1 common share purchase warrant exercisable at $0.60 for 24 months. The Company intends to use the proceeds from the [...]
Golden Sky Minerals Corp. OTC is pleased to announce that, subject to TSX Venture Exchange approval, it intends to complete a private placement financing of up to 3,571,428 non-flow-through units at a price of CAD$0.42 per NFT Unit and up to 2,884,615 flow-through units , priced at $0.52 per FT Unit for total gross proceeds of up to $3,000,000. The Private Placement is expected to close July 8th, 2021. The [...]
Golden Sky Minerals Corp. is pleased to announce that, through staking and property purchases, the Company has acquired the ~11,000-hectare Rayfield Copper-Gold Property in BC, a Tier 1 mining jurisdiction. With the acquisition of the ~505-hectare Rayfield 001 and ~80-hectare Owen properties, Golden Sky has consolidated its Rayfield Property. Both properties are located within the staked boundary of the Rayfield Property [...]
Golden Sky Minerals Corp. is pleased to announce that, subject to regulatory approval, it has closed their private placement financing consisting of Hard Dollar Units and Flow-Through Units, for total gross proceeds of $1,157,750. Both offerings received support from strategic accredited investors. The Company has closed on 362,500 non-flow-through Units for gross proceeds of $145,000 , each Unit priced at $0.40 and [...]
Golden Sky Minerals Corp. is pleased to announce results from the inaugural 2020 reverse circulation drill program at its 100%-owned Hotspot property in the Yukon Territory . Six reverse circulation holes totalling 568.45m were drilled at the Sure Bet zone. All six holes returned significant near-surface gold bearing intervals. This first pass, shallow-hole drill campaign tested only a 200-metre strike length of the Sure [...]
Golden Sky Minerals Corp. is pleased to announce results from the 2020 surficial exploration program at its 100%-owned Bull’s Eye property in the Yukon’s White Gold District. The discovery trench, designed to test the Gold Crest zone, returned a value of 0.69 g/t gold over 78m with significant higher-grade intercepts. Results are shown in the following table: Trench ID From To Interval Au BETR-20-01 0.0 78.0 [...]
Golden Sky Minerals Corp. is pleased to announce the completion of a surface exploration program at its Bull’s Eye property in the Yukon’s White Gold District. The Bull’s Eye property is located 50 km south of Newmont’s Coffee Gold deposit in a previously unrecognized gold sub-district. The Bull’s Eye property is adjacent to K2 Gold Corp.’s Wels Gold project which has yielded notable [...]
Golden Sky Minerals Corp. is pleased to announce the mobilization of an exploration team to its Bull’s Eye gold property, situated in the Yukon’s prolific White Gold district. With only 5 days of field work completed on the property to date, an open-ended 200x250m geochemical anomaly was delineated in 2017, with soil samples assaying up to 0.22 g/t gold and prospecting grab samples assaying up to 0.25 g/t Au [...]
Golden Sky Minerals Corp. is pleased to provide a corporate update regarding the status of the company, its current assets, and plans for the 2020 season. Amidst the COVID-19 pandemic, the company remains optimistic for the 2020 season and beyond. The Golden Sky Minerals corporate office in downtown Vancouver is currently closed, with all staff working from home. Despite this, operations are proceeding as effectively as [...]