Golden Sky Minerals 2026 IP Survey Identifies Untested Porphyry-Style System at Gnome Target, Rayfield-Gjoll Project

Golden Sky Minerals Corp. (AUEN) has released geological interpretations derived from a roughly 23 line-kilometre induced polarization (IP) survey conducted at the Gnome target on its Rayfield-Gjoll Project in British Columbia. The analysis integrated historical drillhole data with 3D inverted resistivity and chargeability models to identify a north-northwest to south-southeast-trending resistivity anomaly, which may represent a coherent intrusive or hydrothermal core.

A larger northwest-southeast-trending chargeability anomaly overlaps this resistivity feature, potentially influenced by structural controls and sulfide mineralization along fault zones. Historical drilling, including holes QN95-1, QN95-2, and DH72455, tested only the margins of these anomalies and did not adequately evaluate the interpreted system core. Golden Sky Minerals plans to use these integrated interpretations to guide drill target prioritization for its inaugural drill program at Rayfield-Gjoll in 2027, in partnership with Boliden AB.

Golden Sky Minerals Corp. (AUEN) has released results from an induced polarization (IP) survey at the Gnome target, delineating a largely untested porphyry-style system core. This geological de-risking aligns with the company’s stated 2026 work program and directly supports the planned 2027 drill campaign.

Management emphasized that additional work is required to understand the full potential of the Gnome target, reinforcing the exploratory nature of the update. The announcement represents an expected incremental step in the exploration sequence rather than a sudden discovery or unexpected milestone. While the news validates the technical roadmap, it does not alter the immediate financial or operational outlook, as drilling remains scheduled for 2027.

Golden Sky Minerals Corp. (AUEN) is an exploration-stage company focused on copper-gold porphyry systems. Its flagship asset is the Rayfield-Gjoll Project in British Columbia's Quesnel Trough, a premier porphyry copper belt. The project encompasses over 90,000 hectares and features five defined target zones: Rayfield, Gnome, Semlin, Mowich, and X Zone.

The company also holds the Lucky Strike and Hotspot gold projects in the Yukon's White Gold District, and the Auden gold project in Ontario's Timmins camp. All core assets are 100% owned with no underlying royalties, except for the acquired Vidette and Elm claims which carry a 2% NSR royalty.