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The latest announcement is out from Golden Sky Minerals ( (TSE:AUEN) ).
Golden Sky Minerals has secured a second drill permit from British Columbia’s Ministry of Mining and Critical Minerals, allowing it to expand exploration to the Gnome and Semlin target zones on its Rayfield-Gjoll Copper-Gold Property northwest of Kamloops. The 2026 program will begin with an IP geophysical survey followed by up to 3,000 metres of diamond drilling to test large-scale geochemical and geophysical anomalies at both targets, which exhibit signatures consistent with buried porphyry copper-gold systems. The new permit, together with an existing one, positions the company to pursue a more systematic, property-wide program and deepens its collaboration with partner Boliden under an earn-in agreement, potentially enhancing the project’s profile within a key Canadian porphyry copper district.
The most recent analyst rating on (TSE:AUEN) stock is a Hold with a C$0.28 price target. To see the full list of analyst forecasts on Golden Sky Minerals stock, see the TSE:AUEN Stock Forecast page.
Spark’s Take on TSE:AUEN Stock
According to Spark, TipRanks’ AI Analyst, TSE:AUEN is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn with a sharply reduced equity base). Technicals also indicate a weak trend and negative momentum. Offsetting factors are limited to positive corporate events that may improve exploration funding and credibility, but they do not yet change the current loss-making financial profile.
To see Spark’s full report on TSE:AUEN stock, click here.
More about Golden Sky Minerals
Golden Sky Minerals Corp. is a mineral exploration company focused on copper-gold projects in south-central British Columbia, operating within the prolific Quesnel Trough porphyry belt. Its flagship Rayfield-Gjoll Property covers more than 87,000 hectares in a well-endowed but underexplored corridor that hosts several major copper operations and benefits from strong regional infrastructure and year-round access.
Average Trading Volume: 50,659
Technical Sentiment Signal: Buy
Current Market Cap: C$7.27M
For a thorough assessment of AUEN stock, go to TipRanks’ Stock Analysis page.