Golden Sky Minerals Corp. · TSXV:AUEN

Golden Sky Minerals — Investor Presentation (April 2023)

31 slides from Golden Sky Minerals's investor presentation, April 2023

  1. Slide 1: Corporate Presentation

    CORPORATE PRESENTATION TSX-V: AUEN Q2 2021 goldenskyminerals.com Actively Exploring for Gold and Copper in Tier-1 Jurisdictions

  2. Slide 2: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS Forward looking statements contained in this Presentation that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the

  3. Slide 3: Leadership

    LEADERSHIP John has over 35 years' experience in the investment industry acting as an Officer, Director, and Portfolio Manager of a Global Precious Metal Fund. He has worked with some of John Newell the largest investment firms in Canada as a branch manager. John is a mineral exploration and develop

  4. Slide 4: About Us and Corporate Overview

    ABOUT US AND CORPORATE OVERVIEW About Golden Sky Minerals Corp. Golden Sky Minerals Corp. is a well-funded junior grassroots explorer engaged in the acquisition, assessment, exploration, and development of mineral properties located in highly prospective areas and mining-friendly districts. Golden S

  5. Slide 5: Property Locations

    PROPERTY LOCATIONS Hotspot Property Luckystrike Property Yukon, Canada Yukon, Canada Au low-high sulphidation Au low-high sulphidation epithermal epithermal Squid East Property Yukon, Canada Au low-high sulphidation epithermal Actively Exploring for Gold and Copper in Tier-1 Jurisdictions Rayfield P

  6. Slide 6: Properties Located in One of the Most Prolific Gold Producing Trends in the World

    3 PROPERTIES LOCATED IN ONE OF THE MOST PROLIFIC GOLD PRODUCING TRENDS IN THE WORLD TSX-V: AUEN | WWW.GOLDENSKYMINERALS.COM Q2 2021 6

  7. Slide 7: Property Location

    PROPERTY LOCATION Lucky Strike • 150 square km property (>30 km long) HOTSPOT • Located in the heart of the White Gold District (>6 000 000 oz discovered since 2007) • 5 gold zones over a 10 km gold trend • 2017 discovery drill hole returned 5.36 g/t Au BRC over 22 m LUCKY STRIKE Hotspot • A high-gr

  8. Slide 8: The Right Geologic Terrane

    THE RIGHT GEOLOGIC TERRANE Golden Sky’s properties are situated along the Big Creek Fault System hosting multi million-ounce gold deposits • This mining friendly district has seen an influx in the presence of major gold miners such as Newmont, Kinross and Freeport McMoRan • Recent Major discoveries

  9. Slide 9: High Discovery-Potential Properties

    HIGH DISCOVERY-POTENTIAL PROPERTIES • Focused entirely on gold • 100% owned with no underlying royalties or property payments • Located in a mining friendly jurisdiction AIRBORNE MAGNETICS (RESIDUAL TOTAL MAGNETIC FIELD) Newmont Corp. IN A WORLD-CLASS STRUCTURAL SETTING • Significant Au & Cu deposit

  10. Slide 10: Lucky Strike Property

    LUCKY STRIKE PROPERTY Located in the Yukon Territory of Canada within the White Gold District • ~90 km south of Dawson City • 350 km north-west of Whitehorse • Huge land package covering 150 km2 and spanning over 30 km’s • 100% owned, no property payments or underlying royalties TSX-V: AUEN | WWW.GO

  11. Slide 11: Lucky Strike Property: Yukon's White Gold District

    LUCKY STRIKE PROPERTY YUKON’S WHITE GOLD DISTRICT • Located in the heart of the White Gold District which has a combined resource of >6 million oz gold discovered since 2007 • Close proximity to major gold deposits and significant new gold discoveries • 16 km SE of White Gold Corp’s VG Gold deposit

  12. Slide 12: Discovery Timeline

    DISCOVERY TIMELINE 2011-2016 2017 2018 2019 2020 2021 PROSPECTING & SOIL SAMPLING LUCKY STRIKE DRILLING LUCKY STRIKE DRILLING LUCKY STRIKE DRILLING HOTSPOT DRILLING HOTSPOT & BULLSEYE DRILLING • >1,400 soil samples outlined a • 1,032 meters of drilling • 1360 meters of drilling • 1,106 meters of dri

  13. Slide 13: Project Highlights

    PROJECT HIGHLIGHTS 5 extensive gold zones with only 1 zone drill- Monte Carlo Zone tested to date • Trenching results include: • Over 6500 soil samples • 0.76 g/t Au over 78 m incl. 2.73 • 4460 m of trenching g/t Au over 12 m • 3498 m of diamond drilling (Monte Carlo Zone) • Drilling results include

  14. Slide 14: Lucky Strike Project Overview - 5 Main Gold Zones

    LUCKYSTRIKE PROJECT OVERVIEW - 5 MAIN GOLD ZONES 10 KM TREND OF GOLD DISCOVERIES The 10 km gold trend on the property is located along a regional-scale shear zone interpreted by airborne geophysics and field mapping Belmont: • Gold in soil up to 0.25 g/t Au BRC LUCKY STRIKE • 1500 m X 800 m soil geo

  15. Slide 15: Lucky Strike Overview

    LUCKY STRIKE OVERVIEW Boss: Maverick: • Gold-in-soil values up to 0.7 g/t Au • Gold in soil up to 90 ppb Au • 1000 m X 1000 m soil geochemical anomaly • 150 m X 200 m soil geochemical anomaly • Grab Samples up to 41.7 g/t Au in rock • Grab Samples up to 0.74 g/t Au • Trench intersections of 0.32 g/t

  16. Slide 16: Lucky Strike - Geology and Mineralization

    LUCKY STRIKE – GEOLOGY AND MINERALIZATION • Property covers geologic and mineralogic settings typical of the orogenic structurally-controlled deposits of the White Gold District, including Newmont Gold Corp’s Coffee deposit located 35 km to the south • The 10 km gold trend on the property is located

  17. Slide 17: Monte Carlo Zone - Trenching

    MONTE CARLO ZONE - TRENCHING • Monte Carlo has a northwest-trending geophysical signature indicating a shear zone along a bedrock contact that has been mapped using airborne geophysical, ground magnetic and "Induced Polarization (IP) surveys, and confirmed by trenching • This mineralized structure p

  18. Slide 18: Hotspot Property

    HOTSPOT PROPERTY • “Hotspot” is a brand new, grassroots high-grade gold discovery • Located 25 km southeast of the Tanacross Cu-Mo-Au porphyry deposit (360,000 oz Au) currently being explored by the Kenorland/Freeport McMoRan joint venture TSX-V: AUEN | WWW.GOLDENSKYMINERALS.COM Q2 2021 18

  19. Slide 19: Sure Bet Zone

    SURE BET ZONE SURE BET ZONE Early exploration has outlined the potential for a significant and robust mineralized system • A strong magnetic low is spatially related to a ASDF NE - SW trending gold-in-soil anomaly • Soils define a 1700 m x 300 m Au anomaly • 25 samples range between 200 and 4,110 pp

  20. Slide 20: Hotspot Property

    HOTSPOT PROPERTY Surface mineralization is hosted by altered rhyolitic tuff – consistent with a low sulphidation epithermal environment Discovery hole (HSRC-20-02) assayed 1.34 g/t Au over 71.6m including 7.72 g/t Au over 6.09m Looking Northeast REMAINS OPEN gold-in-soil-anomaly 1.6 km long HSRC-20-

  21. Slide 21: Hotspot Property - Low Sulphidation Epithermal Gold Target

    HOTSPOT PROPERTY - LOW SULPHIDATION EPITHERMAL GOLD TARGET • Epithermal Gold Deposits tend to form in shallow environments like “hotsprings” and along structural corridors (faults, fractures, bedding planes) in proximity to large magmatic intrusions and volcanoes • These magmatic intrusions may also

  22. Slide 22: Hotspot Property - Buried Porphyry Target

    HOTSPOT PROPERTY - BURIED PORPHYRY TARGET • Low sulphidation epithermal at surface with potential buried porphyry at depth • Indicated batholith at depth by a large gravity low, believed to be the same one observed under the Kenorland/Freeport Taurus deposit • High magnetic anomaly identified on Hot

  23. Slide 23: Deposit Model (LS-Epithermal Gold)

    DEPOSIT MODEL (LS-EPITHERMAL GOLD) LOW SULPHIDATION EPITHERMAL GOLD DEPOSIT CHECKLIST DEPOSIT FEATURES COMMON CHARACTERISTICS SURE BET ZONE Surface Footprint Small with weak surface expression (often low grades)  Host Lithology Young Volcanic Rocks  Rock Textures Banded, Brecciated and Vuggy Textu

  24. Slide 24: Hotspot Property Overview and Future

    HOTSPOT PROPERTY OVERVIEW AND FUTURE • Original New Discovery • Strongly prospective geologic terrane with strong potential to a host Low-Sulphidation Gold and buried porphyry deposits • Geophysical signatures similar to local significant prospects within the region • Property Geology and Geochemist

  25. Slide 25: Rayfield Property

    RAYFIELD PROPERTY • Large consolidated land package with ~11,000-hectares (110 km2) • Located in the Quesnel Trough, which is host to some of British Columbia’s most prolific copper-gold producing mines • 100% owned by Golden Sky Minerals with no underlying royalties or payments • Easily accessible

  26. Slide 26: Rayfield Property

    RAYFIELD PROPERTY • The property is proximal to the convergence of several major NW and NE- trending structures, which can act as conduits for mineralized hydrothermal fluids • Geologically, the property is underlain by the Rayfield Pluton, which is composed of Late Triassic-Early Jurassic syenite,

  27. Slide 27: Rayfield Property: Copper-Gold Porphyry Checklist

    RAYFIELD PROPERTY COPPER-GOLD PORPHYRY CHECKLIST DEPOSIT FEATURES COMMON CHARACTERISTICS Rayfield Surface Footprint Broad zone of alteration and low- grade mineralization  Host Lithology Volcanic rocks  Rock Textures Fractured, brecciated and veined  Alteration Potassic, chlorite, epidote, hemati

  28. Slide 28: Rayfield Property

    RAYFIELD PROPERTY • Porphyry systems are often defined by zoned alteration and mineralization that transitions from an outer propylitic altered zone to a potassic altered core with high-grade copper • Potassic anomalies can outline zones of potassium-rich rock lithologies or alteration associated wi

  29. Slide 29: Rayfield Property

    RAYFIELD PROPERTY • A total magnetic survey over the property suggests that there is a NW-SE trend to the geology; only a small portion of this trend has been tested by historic drilling • Numerous surface copper and gold showings extend across the entirety of the property and are coincident with ge

  30. Slide 30: Rayfield Property Overview and Future

    RAYFIELD PROPERTY OVERVIEW AND FUTURE • ~35,000-hectares to explore within the highly prospective Quesnel Terrane with strong potential to host a significant copper-gold porphyry deposit • Property Geology and Geochemistry is consistent with a robust copper-gold porphyry model that trends NW-SE • Ge

  31. Slide 31: Contact: John Newell

    For additional information on any of these properties please contact: John Newell CEO and President, Director Golden Sky Minerals 650 West Georgia Street, Suite 2110 Vancouver, BC V6B 4N9 Telephone: 604-568-8807 Cell: 604-512-2329 TSX-V: AUEN TSX-V: AUEN | WWW.GOLDENSKYMINERALS.COM Q2 2021 31

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