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Golden Sky Minerals Corp. Grants Charitable Stock Options to The Singh Foundation

Share Capital & Compensation

Golden Sky Minerals Corp. Grants Charitable Stock Options to The Singh Foundation

Vancouver, British Columbia, August 15, 2023 – Golden Sky Minerals Corp. TSXV: AUEN) (the “Company”

or “Golden Sky”) is pleased to announce the granting of 1 25,000 charitable stock options to The Singh

Foundation. These options, with an exercise price of $0. 20 per share, will be valid for a duration of five

years from the date of grant.

The Singh Foundation was founded by R. Bob Singh, P.Geo., who has be en associated with the mineral

exploration industry for over 30 years and has worked in major mineral districts in Canada including

Ontario, British Columbia and also California USA, all areas in which Thunderbird is interested. Mr Singh

has a strong technical background in evaluating and exploring gold and base metal mineral systems. Mr.

Singh led the exploration team at Great Bear Resources and played a pivotal role in both recognizing and

helping to uncover a initial resource of over 5 million ounces of gold that continues to grow. Investors

were rewarded in the success of Great Bear Resources, that saw the share price increase 19,000% over a

7-year period. Kinross Gold acquired Great Bear Resources for $1.8 billion in February 2022.

The Singh Foundatio n is a registered non -profit charitable society, with a mission centered around

fostering youth engagement within communities through sports and local initiatives. Rooted in Surrey,

British Columbia for over five decades, the Singh family recognizes the significance of providing a healthy

and safe space for children to partake in recreational activities, regardless of personal, societal, or

economic constraints.

John Newell President and CEO of Golden Sky Minerals states:

I have known Bob Singh for over 7 years now and watched his participation in both the geological and

financial success of Great Bear Resources, when early money raises were difficult and witnessed his

thoughtful and careful work that led to his steadfast belief that Great Bear Resources was on to an

important mineral discovery, despite being missed by other exploration programs in the past. Bob has also

TSX-V: AUEN

Golden Sky Minerals CORP.

2110 -650 West Georgia Street

Vancouver, British Columbia

Canada, V6B 4N9

Telephone: 604 568 8807

Facsimile: 604 681 1864

worked extensively in British Columbia Canada, another mineral rich district that is important to Golden

Sky Minerals Corp. When talking to Bob about his charity it is apparent at the outset that he is as

passionate about it, as he has been about his life’s work, and we are very happy to support his foundation.

About Golden Sky Minerals Corp.

Golden Sky Minerals Corp. is a well -funded junior grassroots explorer focused on the discovery of new

precious metal and copper projects through systema�c explora�on in metal endowed terranes, located in

�er one mining jurisdic�ons. Golden Sky's main f ocus is developing their por�olio of projects to resource

stage. The drill ready projects include Hotspot and Luckystrike, both in the Yukon. In addi�on, the recent

property purchase and expansion of the 35,000 -hectare Rayfield Copper Gold Project in sou thern Bri�sh

Columbia, adds to the company's building a substan�al early-stage project pipeline in Canada. Golden Sky

Minerals con�nues to look for addi�onal proper�es in North America. The Company was incorporated in

2018 and is headquartered in Vancouver, Bri�sh Columbia, Canada.

ON BEHALF OF THE BOARD

John Newell

President and Chief Executive Officer

For additional information, please visit Golden Sky's website at www.goldenskyminerals.com or contact

John Newell by telephone (604) 568- 8807 or by email at [email protected] or

[email protected]