12:02 PM EDT, 07/10/2024 (MT Newswires) -- Golden Sky Minerals ( LCKYF ) said Wednesday it identified new geophysical targets within the Rayfield copper-gold property in British Columbia.

The company added that it expanded the property by about 20% to 50,800 hectares by staking mineral claims.

Golden Sky said the entire strike length is prospective for additional porphyry-style mineralization.

"The staking activities by Boliden and Fortescue, along with our strategic expansion of additional claims, validate our belief in the substantial value of this project," said John Newell, Golden Sky's chief executive. "We are committed to advancing our exploration efforts and maximizing the potential of our assets in this prolific mining district."

The company's shares were last seen up $0.015 to $0.17 on the TSX Venture Exchange.

Price: 0.17, Change: +0.02, Percent Change: +9.68