VANCOUVER, British Columbia, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) (the “Company” or “Golden Sky”) is pleased to announce the 2021 results from the first 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 first set of assays was received from drill hole HS-21-02, with results pending for the three remaining drill holes. Drill hole HS-21-02 intersected 0.85 g/t Au over 102 meters, including 2.97 g/t Au over 24.1 meters, in turn including a high-grade, 1.05-meter zone grading 42.4 g/t Au (see Table 1 for results and Table 2 for drill collar information). Hole HS-21-02 was designed to test the westward extent of the Sure Bet mineralized zone.
“These results are truly exciting, as they demonstrate that a near-surface, auriferous system exists on the Hotspot Property,” stated Cameron Dorsey, VP Exploration of Golden Sky. “Significant gold mineralization has now been confirmed to be associated with zones of faulting, brecciation, quartz veining, and hydrothermal alteration. The polyphase nature of mineralization and alteration suggests that the Sure Bet Zone is the result of a long-lived, gold-enriched system that developed within a structurally complex corridor.”