Golden Sky Minerals Corp. announce that, through staking, the Company has acquired the district-scale 26,300-hectare Auden Gold Property ~50 km east of the Beardmore-Geraldton Greenstone Belt, Ontario, Canada. The Property is 100% owned by Golden Sky with no underlying royalties.

The Auden Property is located in an underexplored region that is primarily underlain by an east-west trending sequence of mafic metavolcanics, metasediments, and iron formation that shares many geological similarities with other major orogenic gold camps in the region. The most important feature of the property, the Auden Structural Zone, is a significant east-west trending fault interpreted to be an eastward extension of the gold-producing Beardmore-Geraldton structural system. With a similar geological setting to Equinox/Orion?s Greenstone Gold Mines (5.05 Moz Au), Agnico Eagle?s Detour Lake Mine (20.6 Moz Au) and other orogenic camps, including the Timmins and Kirkland Lake camps, Golden Sky believes there is high potential for the expansion and discovery of new gold targets on the property.

The road-accessible Auden Gold Property is located approximately 65 km northwest of Hearst, Ontario, and is in close proximity to the paved Highway 11. Auden Property Highlights: District-scale opportunity with 26,300 hectaresthat covers a ~70 km strike-length of the Auden Structural Zone, which has historically been interpreted to be an extension of the Beardmore-Geraldton structural system. The zone remains largely untested despite anomalous gold values being recorded from drilling and surface rock samples.

Due to extensive overburden cover in the region (<5% outcrop), past operators relied heavily on geophysical survey results followed by early-phase exploration drilling with widely-spaced holes over several kilometers. Within the property area, 58 historical drill holes have been recorded. These early drill programs were typically limited to following up on ground-based geophysical targets, as the first large-scale airborne geophysical survey was not conducted until 1993.

Though limited in scope, the drilling successfully demonstrated that precious metal mineralization is associated with a major east-west oriented structure that extends ~70 km (Auden Structural Zone). Some of the earliest recorded drilling was by the Fatima Mining Company Ltd. from 1956 to 1958. These holes are located in the western portion of the property.

A total of 20 drill holes were spaced over 15 km of sheared and folded metasediments, quartz porphyry and iron formation. Almost every hole intersected zones of carbonate alteration, quartz veining, and semi-massive to disseminated sulphides. There is no report of gold assays, as the focus was on base metals.

In 1990, McKinnon Prospecting conducted a field visit that included reanalysis of a few samples of Fatima Mining?s core. One sample of semi-massive coarse-grained pyrite-pyrrhotite mineralization assayed 367 ppb gold and 250 ppm arsenic, which highlights the prospectivity for gold mineralization in the area. In 1965, Colleen Copper Mines Ltd. explored around the Nagagami River in a zone of metavolcanics, conglomerate, iron formation and quartz porphyry with semi-massive to disseminated sulphides.

A grab sample assayed 25 g/t Au and 2.36% Cu (unverified). A follow-up 4-hole drill program that focused on base metal exploration disclosed only two reported assays, both from Hole CC4 (0.41% Cu over 1.5 m and 0.1% Cu over 1.5 m). From 1976-1978, Shell Canada Resources Ltd. conducted a regional program but never filed this work for assessment credit.

Shell successfully delineated a regional structure that was later termed the Auden Structural Zone. The most recent significant exploration occurred from 1988-1993 by McKinnon Prospecting, who was the first to conduct a comprehensive, property-wide airborne VLF-EM geophysical survey which highlighted 34 target areas. A follow-up 17-hole drill program provided critical insight into the geology of the region and either extended or discovered several strongly altered shear zones with anomalous precious metal values.

One of the most compelling magnetic and electromagnetic (EM) geophysical targets was tested by holes MP-17-1, MP-14-1 and MP-13-1, collared at multi-kilometric intervals along an 8-km east-west trend.