Mr.
Figure 1: Hotspot property location in the
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. A strong correlation between Au, As, Sb is commonly associated with epithermal gold systems, including low-sulphidation and Reduced Intrusion-related Gold Systems (RIRGS).
Figure 4: A geochemical horizon is interpreted to separate the geochemical signature commonly associated with the upper and mid-levels of a low sulphidation system. For simplicity, the geochemical horizon line is interpreted to be horizontal (refer to Figure 5 for cross-sectional view of a low-sulphidation gold system model).
Figure 5: Cross-sectional model of various geochemical signatures observed in a low-sulphidation gold system. Modified after
About
The drill-ready projects include Hotspot, Bullseye, and Luckystrike, all in
The company was incorporated in 2018 and is headquartered in
More information can be found at the Company’s website at www.goldenskyminerals.com
ON BEHALF OF THE BOARD
For new information from the Company's programs, please visit Golden Sky's website at www.GoldenSkyMinerals.com or contact
Neither the
Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Golden Sky has attempted to identify important factors and risks that could affect Golden Sky and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended, including, without limitation: inherent risks involved in the exploration and development of mineral properties; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with Golden Sky’s expectations; accidents, equipment breakdowns, title and permitting matters; labour disputes or other unanticipated difficulties with or interruptions in operations; fluctuating metal prices; unanticipated costs and expenses; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on its projects; that Golden Sky may not be able to confirm historical exploration results and other risks set forth in Golden Sky's public filings at www.sedar.com. In making the forward-looking statements in this news release, Golden Sky has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Golden Sky does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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Figure 1
Hotspot property location in the Yukon Territory . The property is located within the Tintina Gold Belt, which hosts numerous multi-million-ounce gold deposits in the Yukon and Alaska . The Tintina Gold Belt includes the deposits shown here.
Figure 2
A larger and more defined gold system has now been delineated at the Sure Bet North zone. The West Valley zone has also been expanded.
Figure 3
Multi-element geochemistry has defined a ~1000 m x 600 m anomalous zone within the Sure Bet North zone. A strong correlation between Au, As, Sb is commonly associated with epithermal gold systems, including low-sulphidation and Reduced Intrusion-related Gold Systems (RIRGS).
Figure 4
A geochemical horizon is interpreted to separate the geochemical signature commonly associated with the upper and mid-levels of a low sulphidation system. For simplicity, the geochemical horizon line is interpreted to be horizontal (refer to Figure 5 for cross-sectional view of a low-sulphidation gold system model).
Figure 5
Cross-sectional model of various geochemical signatures observed in a low-sulphidation gold system. Modified after Buchanan (1981).
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