Golden Sky Minerals Reports Results of 2025 Exploration at Rayfield-Gjoll Copper-Gold Project
Golden Sky Minerals Reports Results of 2025 Exploration at Rayfield-Gjoll Copper-Gold
Project
Vancouver, February 17, 2026 – Golden Sky Minerals Corp. (TSX-V: AUEN.V) (“Golden Sky” or “T he
Company”) is pleased to announce the results of a heli- borne magnetic survey over the Rayfield -Gjoll
Copper-Gold Project, located in south-central British Columbia (Figure 1).
Results of t he airborne survey, presented in Figures 2, 3 , and 4, highlight a well- developed structural
framework defined by distinct magnetic features. Contours of the calculated vertical gradient (CVG) and
of the total magnetic intensity (TMI) delineate multiple linear to curvilinear zones of magnetic disruption
interpreted as fault -related features. These structures define dominant northwest, north –south, and
northeast-trending orientations, consistent with regional structural fabrics within the Quesnel Trough.
Interpretation of the airborne magnetic data is based on compilation of extensive historical geological and
geophysical datasets, government data, and geological mapping completed by Golden Sky Minerals Corp.
and associated consultants. These datasets provide the important geological context for understanding
the magnetic responses across the Rayfield -Gjoll Project and their relationship to observed rock types,
alteration, structural, and mineralized settings . Consequently, magnetic lows are interpreted as the
principal exploration targets, reflecting zones where hydrothermal alteration has destro yed primary
magnetite.
At the Rayfield target, an airborne magnetic survey completed in conjunction with a detailed geological
mapping program in late 2025 delineated multiple magnetic low corridors (Figure 2). Geological mapping
within these corridors identified zones of potassic and propylitic alteration that are spatially coincident
with recently rec eived copper grades of up to 9653.0 ppm Cu (0. 96% Cu). These alteration zones are
interpreted to be structurally controlled, consistent with fracture development evident in the magnetic
data, allowing for potential fault-controlled fluid movement.
The Gnome target (Figure 3) is characterized by a broad zone of moderate magnetic response, interpreted
as representing a phyllic alteration domain surrounding a porphyry center. Historic drilling at Gnome
intersected mineralized monzonitic dikes , supporting the interpretation that the moderate magnetic
signature reflects partial magnetite destruction associated with phyllic and propylitic alteration
overprinting Nicola Group volcanics and earlier intrusive phases.
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
www.goldenskyminerals.com
In the southern block targets (Figure 4), including Mowich and Criss Creek, there are multiple discrete
magnetic anomalies that have been historically mapped as diorite, syenite, and granodiorite intrusions .
These intrusive bodies are spatially associated with polymetallic quartz veining , suggesting a genetic
relationship between magmatism, structure, and mineralization. The coincidence of intrusive -related
magnetic anomalies with mapped veining further supports the interpretation that these targets represent
prospective zones for epithermal and porphyry-style mineralization.
John Newell, President and CEO of Golden Sky Minerals, states: “ The airborne magnetic survey has
delivered highly encouraging results at the Rayfield–Gjoll Copper-Gold Project. The survey clearly outlines
key structural trends that align with known mineralization and historical drilling, which increases our
confidence in the project’s overall exploration potential. At Rayfield, the results highlight strong
correlations with higher -grade copper zones, while at Gnome and across the southern block, including
Mowich, the survey outlines larger-scale targets that remain largely underexplored. In several areas,
previous drilling appears to have tested only the edges of these systems, providing upside exploration
potential within these systems. Overall, this work significantly improves our ability to define and prioritize
targets, and positions the Company well for the next phase of exploration, including planned induced
polarization (IP) geophysical surveying and diamond drilling later this year.”
Figure 1: Project-wide results from the 2025 airborne magnetic survey outlining the main prospective targets for the Rayfield-
Gjoll Copper-Gold Project.
Figure 2: Potassic and propylitic alteration coincides with magnetic lows, highlighting areas where mineralizing fluids have
locally strongly altered the host rocks and enhanced copper mineralization.
Figure 3: The 2025 airborne magnetic survey has identified a broad moderate magnetic anomaly that overlaps a historical
geophysical IP anomaly from Scott, 1981 (AR09223). Elevated copper-in-soil values extending from this area further support the
potential for a large mineralized system at depth. These results suggest that the phyllic/propylitic zone of a porphyry system
may be exposed at the Gnome Target.
Figure 4: The 2025 airborne magnetic survey has identified multiple magnetic anomalies along northwest-trending fault systems
interpreted as extensions of the same structures controlling mineralization at the nearby New Afton deposit. These results
identify a highly prospective structural corridor and significantly enhance the exploration potential in the project’s southern
area.
References
Brauset, R.U. 1998. Assessment Report on Geological and Geochemical Surveys of the South -East
Quadrant of Gnome. BC Geological Survey Assessment Report 25996.
Koffyberg, A. 2008. Assessment Report on a Diamond Drill Program, Rayfield River Program. BC Geological
Survey Assessment Report 30271.
Morin, J.A. 1988. Geological and Geochemical Report on the Epi Claim Group. BC Geological Survey
Assessment Report 17810.
Scott, A.R. 1981. Geophysical Report on Induced Polarization and Magnetics Survey Gala Property. BC
Geological Survey Assessment Report 09223.
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 Sky’s mandate is to develop its portfolio of p roperties to the mineral
resource stage through systematic exploration.
Its portfolio includes the Rayfield -Gjoll Copper -Gold Project in British Columbia, the Hotspot and
Luckystrike gold projects in Yukon, and the Auden Gold Project in Ontario’s Timmins camp. The company
was incorporated in 2018 and is headquartered in Vancouver, British Columbia, Canada.
More information can be found at the Company’s website at www.goldenskyminerals.com
About Boliden
Boliden contributes to a sustainable future by extracting, producing and recycling metals that are essential
to improve society for generations to come. With care for people and the environment, combined with
experience gathered over a century and cutting -edge technology, Boliden’s 8,000 employees have
achieved leading productivity and one of the lowest carbon footprints in the industry.
ON BEHALF OF THE BOARD
John Newell, President and Chief Executive Officer
Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined
by National Instrument 43-101 for Golden Sky’s British Columbia exploration projects, and has reviewed
and approved the technical information in this release.
For new information from the Company's programs, 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].
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements contained in this news release 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. In certain cases, Forward-Looking Information can be identified
by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or
variations of such words and phrases or statements that certain actions, events or results “would”,
“occur” or “be achieved”. Although Golden Sky has attempted to identify important factors and risks that
could affect Golden Sky and may cause actual actions, events or results to differ materially from those
described in Forward-Looking Information, there may be other factors and risks that cause actions, events
or results not to be as anticipated, estimated or intended, including, without limitation: inherent risks
involved in the exploration and development of mineral properties; the uncertainties in volved in
interpreting drill results and other exploration data; the potential for delays in exploration or development
activities; the geology, grade and continuity of mineral deposits; the possibility that future exploration,
development or mining result s will not be consistent with Golden Sky ’s expectations; accidents,
equipment breakdowns, title and permitting matters; labour disputes or other unanticipated difficulties
with or interruptions in operations; fluctuating metal prices; unanticipated costs and expenses;
uncertainties relating to the availability and costs of financing needed in the future, including to fund any
exploration programs on its projects; that Golden Sky may not be able to confirm historical exploration
results and other risks set forth in Golden Sky's public filings at www.sedarplus.ca. In making the forward-
looking statements in this news release, Golden Sky has applied several material assumptions, including
the assumption that general business and economic conditions will not change in a materially adverse
manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on Forward -Looking Information. Except as required by law,
Golden Sky does not assume any obligati on to release publicly any revisions to Forward -Looking
Information contained in this news release to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.