Goldsky Resources -2026 Drilling Program Commences at Rajapalot Gold Project, Finland

Executive Summary

• Goldsky Resources has launched a 10,000‑metre winter drilling program at its 100 % owned Rajapalot gold‑cobalt project in northern Finland.
• The program includes ~8,000 m of infill drilling on the Raja and Palokas deposits to upgrade existing inferred resources and support permitting, plus ~2,000 m of “target‑test” drilling on high‑priority exploration targets.
• The initiative represents the first major exploration effort under Goldsky’s new management and is intended to strengthen the project’s resource base and advance it toward mining licences.

Key Details

• Four diamond drill rigs have been mobilised to the Rajapalot site and are now active.
• Total planned drilling: 10,000 m
• Infill drilling: ~8,000 m focused on Raja and Palokas deposits.
• Target‑test drilling: ~2,000 m aimed at nearby high‑grade exploration targets.
• Objectives of infill program: increase confidence in existing inferred resources (9.78 Mt @ 2.8 g/t Au, 441 ppm Co) and support progression from exploration licences to mining licences under Finnish regulations.
• Objectives of target‑test program: test several compelling near‑resource targets to potentially expand the gold‑cobalt resource base.
• Current inferred mineral resource (effective 26 Aug 2021): 9.78 Mt @ 2.8 g/t Au and 441 ppm Co, containing 867 koz Au and 4,311 t Co.
• Qualified Person for the release: Dr. Thomas Fromhold (Fromhold Geoconsult AB).
• CEO Russell Bradford’s comment emphasizes the significance of the program for permitting advancement and resource growth under Goldsky’s new Nordic‑focused strategy.

Notable Quotes

“We are very excited to demonstrate our continued commitment to the Rajapalot Project … assigning a significant 10,000 metre drilling program that will support important long‑term objectives for the project.” – Russell Bradford, CEO & Director, Goldsky Resources.