Golden Sky Minerals Corp V.AUEN

Golden Sky Drills near-surface Interval of 6.19 g/t gold

[Betteryear2]

VANCOUVER, British Columbia, March 02, 2022 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (the “Company” or “Golden Sky”) is pleased to announce the 2021 results from the final set of assays from its 4-hole, 1,317.5-metre maiden diamond drilling program at the Sure Bet Zone, located within its 100% owned Hotspot Property (“the Property”) in the Yukon Territory. The final set of assays includes those for drill holes HS-21-01, HS-21-03, and HS-21-04 (results for hole HS-21-02 were presented in the November 18, 2021 news release). All drill holes continued to return broad intercepts of gold (Au) mineralization from surface, extending the known dimensions of the zone to over 130 meters in length. Drill Hole HS-21-03 was designed as an 80-metre step-out from hole HS-21-02 and intersected a higher-grade zone that assayed 6.19 g/t Au over 1.0 metres within a broader zone grading 0.23 g/t Au over 89.4 metres (see Table 1 for drill collar information and Table 2 for results). Holes HS-21-01, HS-21-03, and HS-21-04 were all drilled to the southeast and were designed to test the orientation of the mineralized system at the Sure Bet zone.

Golden Sky Drills near-surface Interval of 6.19 g/t gold over 1.0 m, within 38.65 meters of 0.35 g/t gold, at Hotspot Property, Yukon Territory