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Golden Sky Minerals Continues to Expand Semlin Porphyry-Style Target to 1.7 x 0.9 km, Rayfield Property, British Columbia
VANCOUVER, British Columbia, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (the “Company” or “Golden Sky”) is pleased to announce the res
About this update from Golden Sky Minerals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (the “Company” or “Golden Sky”) is pleased to announce the results from the 2023 geochemical sampling and prospecting program conducted on its 35,000-hectare Rayfield Property (“the Property”) in southern British Columbia (Figures 1 and 2). The program included the collection of 685 B-horizon soil samples and 77 rock samples. The main soil grid was designed to infill and extend geochemical anomalies previously identified over the Semlin Target zone. The soil program was successful at further expanding the geochemical anomaly to 1.7 x 0.9 km. This anomaly flanks and overlies an area with known bedrock-hosted disseminated and veinlet-style copper (Cu) and gold (Au) mineralization. Rock sample C00064614 (2022) was of a 4 cm-wide sulphide-rich vein that assayed 55 ppb Au and 0.2% Cu) (Figure 3). The soil anomaly hosts elevated values of copper (Cu) – gold (Au) – zinc (Zn) – arsenic (As) and remains open to the northwest and northeast. As a follow-up to these encouraging results, a drill permit has been applied for, which will include the Gnome and Semlin target zones (see December 6, 2022 News Release). Extending known bedrock mineralization was a priority at the Rayfield Target Zone for 2023, as soil sampling in 2022 highlighted several anomalous copper values associated with geophysical anomalies identified by an airborne total magnetic geophysical survey (Geological Survey of Canada, 2006). Rock samples from these areas returned several anomalous values, up to 6,319 ppm (0.63%) Cu and 245.5 ppb Au (Sample 118884; Figure 4). Importantly, fieldwork also observed a continuation of dense sheeted and stockwork quartz veining that closely correlates with a magnetic low (Geological Survey of Canada, 2006) feature that extends ~2.0 km in a northwest orientation (Figure 4). This magnetic low is also coincident with elevated values of pathfinder elements (Mn, Zn, V, Ba) that are commonly associated with sericite/propylitic alteration bounding the core of porphyry systems and causing magnetite destruction (Figure 5). This transition is best observed in Figure 6, where historic copper grades from diamond drilling increase towards the magnetic low. Prospecting across the property identified several other zones of interest, as approximately 40% o...