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

VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) — Golden Sky Minerals Corp. (AUEN.V) (the “Company” or “Golden Sky”) is pleased to announce that a 600 m x 475 m zone of elevated gold-in-soil values, up to 552 ppb Au, has been defined at the Sure Bet North zone, located within its 100% owned Hotspot Property (“the Property”) in the Yukon Territory (Figure 1 & 2). This zone is overlain and flanked by a multi-element bismuth (Bi), antimony (Sb), arsenic (As), ± selenium (Se) and ± molybdenum (Mo) geochemical anomaly, which further extends the mineralized system to approximately 1000 m x 600 m (Figure 3). This geochemical soil anomaly trends northeast and appears to transition from a mid-level low-sulphidation system (Au, As, Sb), exposed in the creek valley, to an upper-level low-sulphidation gold system upslope (As, Sb) (Figure 4). Erosion may have exposed the extent of the geochemical signature of this low sulphidation system which may host gold-bearing mineralization below the upper-slope zone marked by anomalous As and Sb values (Figure 4 & 5).

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