Golden Sky Minerals Corp. announced the results of a geophysical analysis conducted on the Rayfield target. This analysis included a 3D inversion of both airborne and ground magnetic data, which was then utilized in machine-learning algorithms to assist with future drill targeting.

This method was also applied on a regional scale and successfully identified several other geophysical anomalies that shared characteristics with the historic Rayfield area. Consequently, the Company expanded its mineral claims by approximately 20%, now encompassing about 50,800 hectares (ha) covering new areas with potential for porphyry-style mineralization Moreover, Golden Sky is excited to share that several leading mining companies have recognized the Rayfield area as a prime exploration target, staking claims adjacent to and partially surrounding Golden Sky's property. Specifically, Boliden Mineral Canada Ltd. has staked 17,000 ha and Fortescue Canada Resources Ltd. has staked approximately 357,000 ha.

As an early-explorer in the region, and with a newly expanded property, Golden Sky is strategically positioned, covering some of the most prospective ground in the area. The 50,800-hectare Rayfield property is located in the Quesnel terrane, British Columbia?s primary copper-producing belt, which hosts Teck Resources? Highland Valley Mine, Imperial Metals?

Mount Polley Mine, Centerra Gold?s Mount Milligan Mine, and Kodiak Copper?s MPD Project. The road-accessible Rayfield copper-gold property is located approximately 20 kilometers east of the town of 70 Mile House, British Columbia, and is accessible year-round by well-maintained service and logging roads extending from BC Highway 97. Interpretation of Data 3D Inversion of airborne and ground magnetic data: Magnetic Vector Intensity (MVI) analysis indicates that mineralization at the Rayfield target is closely associated with the northern tip of a magnetic geophysical anomaly that extends Approximately 6 km to the south .

The entire strike length is prospective for additional porphyry-style mineralization. Modelling of the large magnetic anomaly indicates it extends to a minimum 1.4 km vertical depth (IP survey extends to 800 m vertical depth). This would suggest mineralization could extend beyond the current IP survey limits.

An additional large magnetic anomaly (extending approximately 1.2 km) was identified to the east of the historic Rayfield target, with a similar signature to that of porphyry systems. These new geophysical anomalies have never been tested by modern exploration techniques. The magnetic lows provide evidence for magnetite-destructive alteration and mineralization, a common feature in the core of porphyry systems where hydrothermal fluids alter primary magnetite. Machine-Learning Algorithms: Machine learning cluster-point algorithms analyze large datasets to identify patterns and relationships that may not be immediately apparent.

The algorithms combine chargeability and resistivity features to create a comprehensive geophysical model of the subsurface, to identify distinct zones of alteration and mineralization. These features often correspond to specific geological or mineralogical settings, such as the core, shell, and peripheral alteration zones of a porphyry system. The margins of the magnetic high anomalies may be associated with a syenitic intrusion, along the margins of which shifts in resistivity and chargeability are recognized.

Historical drilling has demonstrated that these zones can coincide with increased copper-grades associated with highly veined, fractured, and brecciated host rock associated with moderate to high resistivity and magnetic low signatures. Cluster-point algorithms outlined several other regional geophysical targets that share characteristics with both the Rayfield and Mowich target zones. These findings resulted in the company expanding the mineral claims by 20% to Approximately 50,800 hectares.