Goldsky Resources (GSKR) Q2 2025 earnings summary

Executive summary

• Positive drill results at Nippas with assays up to 2.66 g/t Au and launch of a 5,000 m Phase 1 diamond drill program targeting two priority corridors.

• Expanded Aida target drill program from 5,000 m to 10,000 m after encouraging initial results.

• Completed geochemical and drilling programs at Harpsund, confirming a large gold anomaly and preparing for Phase 1 diamond drilling in H2 2025.

• Identified five new multi-kilometric gold anomalies at Storjuktan, increasing total multi-kilometric targets to ten.

• Acquired EMX's Nordic Business Unit, establishing an operational hub in Sweden and integrating a Nordic technical team.

Financial highlights

• Cash balance as of June 30, 2025, was C$2.7 million; current assets totaled C$4.3 million.

• Subsequent to Q2, raised C$15.4 million through a fully oversubscribed "LIFE" financing.

Outlook and guidance

• Harpsund target prepared for Phase 1 diamond drilling in the second half of 2025.

• Expanded Aida drill program and new gold zones identified, indicating a larger mineralized footprint.