Mr. John Newell reports

GOLDEN SKY MINERALS ANNOUNCES INVESTMENT FROM CANADIAN MINING LEADER ROB MCEWEN

Rob McEwen, a legendary figure in Canadian mining and the founder and former chairman of Goldcorp Inc., has agreed to make a strategic investment in Golden Sky Minerals Corp. through a convertible debenture.

Mr. McEwen will invest $220,000 in the form of a six-month convertible debenture bearing 9-per-cent interest, convertible into two million common shares at a price of 11 cents per share. If fully converted, Mr. McEwen would hold approximately 9.2 per cent of Golden Sky's outstanding shares on a postconversion basis.

"We are honoured to welcome Rob McEwen as an investor in Golden Sky," said John Newell, president and chief executive officer. "His track record of building long-term value and supporting visionary resource companies speaks for itself. Rob's participation is a real milestone for us and a meaningful endorsement of our disciplined approach to exploration and corporate growth."

The proceeds from Mr. McEwen's investment will be used to advance continuing work at Golden Sky's Rayfield project in British Columbia, including:

• A deep IP geophysical survey with modern 3-D inversion modelling;
• Finalizing the second drill permit;
• Advancing technical reporting and geological interpretation.

Rayfield is located within the Quesnel trough, a prolific copper-gold district, and benefits from infrastructure access and a strong regional address.

About Rob McEwen

Mr. McEwen is the chairman and chief owner of McEwen Mining Inc., and the founder and former chairman and CEO of Goldcorp Inc., which was acquired by Newmont Corp. in 2019 for $10-billion (U.S.). He is a recipient of the Order of Canada, a Canadian Mining Hall of Fame inductee, and is widely recognized for pioneering shareholder-first policies and value-driven exploration. He led the development of Goldcorp's Red Lake Mine, one of the highest-grade gold mines in the world.

About Golden Sky Minerals Corp.

Golden Sky Minerals is a Canadian mineral exploration company advancing high-potential copper and gold projects across British Columbia, Yukon and Ontario. Its flagship Rayfield project is located in a rapidly emerging porphyry copper-gold district and offers discovery-scale upside, excellent infrastructure and proximity to several of Canada's top mining companies.

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