Golden Sky Minerals Corp. (TSXV: AUEN | OTC PINK: LCKYF) has announced an agreement to acquire nine mineral claims totalling 385.28 hectares within its Rayfield-Gjoll Project in south-central British Columbia, including ground covering the historic Vidette Gold Mine and the Elm mineral occurrence near Criss Creek. The acquisition, consideration for which is 300,000 common shares issued to vendor Steven Scott, is subject to TSX Venture Exchange approval and customary closing conditions. The move further consolidates Golden Sky's land position within a project that already hosts a C$20 million earn-in and joint venture with Boliden AB, and investors may be watching closely given the property's dual gold and copper-gold porphyry potential.

Key Points

  • Golden Sky Minerals Corp. (TSXV: AUEN | OTC PINK: LCKYF) announced the mineral claims acquisition on September 16, 2026
  • The company is acquiring a 100% interest in nine mineral claims covering 385.28 hectares, including the historic Vidette Gold Mine and the Elm mineral occurrence
  • Consideration is 300,000 common shares; acquired claims carry a 2% NSR royalty, with 1% buyable for C$1.0 million and the remaining 1% for C$2.0 million
  • Transaction remains subject to TSX Venture Exchange and regulatory approval before closing

Historic Vidette Gold Mine: Past Production and High-Grade Gold Sampling

The Vidette Gold Mine, located approximately 50 kilometres north of Savona with Trans-Canada Highway road access, was a past-producing operation. Between 1933 and 1940, the mine reportedly processed approximately 48,980 tonnes of ore, recovering approximately 929 kilograms of gold, 1,449 kilograms of silver, and 43,825 kilograms of copper, according to BC Geological Survey records cited in the release. More recent 2008 sampling on the Tenford vein returned values of 12.3 g/t and 25.5 g/t gold. The company cautions that historical results are not necessarily indicative of current mineralization and have not been independently verified by Golden Sky.

Elm Occurrence Adds Multi-Metal Exploration Targets Near Criss Creek

The Elm mineral occurrence, situated approximately 12.5 kilometres northeast of the Deadman River along Criss Creek, hosts three mineralized zones — Gold-Silver, Molybdenum, and Quartz — associated with a diorite intrusion and a northwest-trending structural corridor. Historical sampling at the Gold-Silver Zone returned values including 7.5 g/t Au and 824.2 g/t Ag with 2.37% Zn and 2.13% Cu, as cited from a 1967 geological report in the announcement. Golden Sky states that the Elm claims add further exploration targets within the broader Rayfield-Gjoll Project area and complement the existing geological picture the company is assembling.

Gnome Copper-in-Soil Anomaly Extends Toward Newly Acquired Ground

A key strategic rationale cited in the release is that the Gnome copper-in-soil anomaly — previously identified by Golden Sky within the Rayfield-Gjoll Project — extends to the boundary of the newly acquired Vidette claim block, suggesting that a mineralised trend may continue onto the acquired ground. The Gnome target had already demonstrated quartz veining, phyllic-propylitic alteration, and chargeability anomalies correlating with copper mineralisation. President and CEO John Newell stated in the announcement that bringing these claims under single ownership allows evaluation of these mineralised systems as part of a larger geological picture, referencing both historic gold production and copper-gold porphyry targets.