Goldsky Resources (GSKR) Nordic Funds & Mines Conference 2024 summary

Project portfolio and regional focus

• Two main project portfolios: four projects in Sweden's Gold Line Belt and one in Finland's Oijärvi Belt, both in underexplored greenstone belts.

• The Gold Line Belt in Sweden intersects with the Skellefteå VMS Belt, known for gold-rich base metal deposits and historic mining activity.

• Largest claim holder in Sweden with 100 km of strike on the Gold Line Belt, including the flagship Barsele Gold Project.

• Finland's Oijärvi Belt project includes the high-grade Kylmäkangas deposit and significant regional potential.

• Both regions offer cost advantages, skilled labor, and favorable mining jurisdictions.

Barsele Gold Project highlights

• Barsele is Sweden's largest undeveloped gold deposit and among the top in Europe for grade and size.

• Joint venture with Agnico Eagle (55%-45%), with Agnico funding up to pre-feasibility; project is nationally designated for mining.

• Over 165,000 m of drilling and $60 million invested; wide zones suitable for bulk mining and high recovery rates (93%-96%).

• Resource area extends 3.5 km along strike, with potential to double depth and expand regionally.

• Cost advantages include low electricity rates and simple metallurgy, supporting low cash costs and high margins.

Exploration and growth potential

• Three high-priority targets (Aida, Harpsund, Nippas) identified with strong geochemical signatures and size potential, all scheduled for drilling in 2025.

• Regional targets on the Barsele land package and other claims show potential for multiple Barsele-scale deposits.

• Vision for a centralized gold camp in Europe with multiple deposits feeding one processing facility.