# Goldsky Announces Commencement of Metallurgical Test Work on the Avan and Central Zones at the Barsele Project in Sweden Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/goldsky-announces-commencement-of-metallurgical-test-work-on-the-avan-and-centra--22bf0f52-e64f-4b47-8e4e-0695b1f13d22 Original source: https://money.tmx.com/en/quote/GSKR/news/8365372934924519/goldsky-announces-commencement-of-metallurgical-test-work-on-the-avan-and-centra Publisher: tmx Original announcement: 2026-08-05T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Goldsky Resources Corp - Ticker: GSKR - Exchange: TSX - Region: Sweden - Primary commodity: Gold - Secondary commodities: Cobalt - Document categories: Resource update, Metallurgy - Extracted: 2026-09-18 02:30:02 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Goldsky Resources has commenced metallurgical test work on 345kg of composite samples from the Avan and Central zones of the Barsele gold project in Sweden. The 16-week program, conducted by Alfred Knight, aims to determine power requirements and reagent dosages to support the company's upcoming maiden Preliminary Economic Assessment \(PEA\) expected in 2027. Reasoning: The announcement marks the start of a critical technical phase \(metallurgical testing\) required for the company's planned 2027 maiden PEA at the Barsele project. - Positive factor: Commencement of metallurgical testing is a key de-risking step for the upcoming PEA - Positive factor: Samples dispatched to a recognized laboratory \(Alfred Knight\) Facts used in scoring: 5 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: Testwork includes crusher comminution, Bond rod/ball mill, and gold leach kinetic tests, indicating a mill-based processing route. Evidence · text > Crusher comminution tests Bond rod mill and Bond ball mill test Gravity gold recovery tests Gold leach kinetic tests **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/goldsky-announces-commencement-of-metallurgical-test-work-on-the-avan-and-centra--22bf0f52-e64f-4b47-8e4e-0695b1f13d22#fact-resource-facts-1) Barsele Project · gold #### Identity - Project: Barsele Project - Commodity: gold - Region: sweden - Reported Region: Sweden - Ticker: GSKR #### Resource scope - Estimate type: resource - Resource group id: resource:4021a27780daae73c707 #### Resource Data - Category: indicated - Tonnes: 7880000 - Grade: 1.27 - Grade Unit: g/t - Contained Metal: 0.32 - Contained Unit: moz au #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Historical resource data provided for context. Evidence · text > Barsele is host to an Indicated Mineral Resource of 7.88 Mt grading 1.27 g/t Au containing 0.32 oz Moz Au #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/goldsky-announces-commencement-of-metallurgical-test-work-on-the-avan-and-centra--22bf0f52-e64f-4b47-8e4e-0695b1f13d22#fact-resource-facts-2) Barsele Project · gold #### Identity - Project: Barsele Project - Commodity: gold - Region: sweden - Reported Region: Sweden - Ticker: GSKR #### Resource scope - Estimate type: resource - Resource group id: resource:8426415ef69550aa4fa8 #### Resource Data - Category: inferred - Tonnes: 28750000 - Grade: 1.98 - Grade Unit: g/t - Contained Metal: 1.83 - Contained Unit: moz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Historical resource data provided for context. Evidence · text > and an Inferred Mineral Resource: 28.75 Mt grading 1.98 g/t Au containing 1.83 Moz Au. #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/goldsky-announces-commencement-of-metallurgical-test-work-on-the-avan-and-centra--22bf0f52-e64f-4b47-8e4e-0695b1f13d22#fact-resource-facts-3) Rajapalot gold cobalt project · gold #### Identity - Project: Rajapalot gold cobalt project - Commodity: gold - Region: finland - Reported Region: Finland - Ticker: GSKR #### Resource scope - Estimate type: resource - Resource group id: resource:651e5160f850b8295274 #### Resource Data - Category: inferred - Tonnes: 9780000 - Grade: 2.8 - Grade Unit: g/t - Contained Metal: 867 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Historical resource data from a 2023 PEA provided for context. Evidence · text > Rajapalot gold cobalt project situated in northern Finland, which has an Inferred Resource of 9,780kt containing 867 koz Au @ 2.8 g/t Au #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/goldsky-announces-commencement-of-metallurgical-test-work-on-the-avan-and-centra--22bf0f52-e64f-4b47-8e4e-0695b1f13d22#fact-resource-facts-4) Rajapalot gold cobalt project · cobalt #### Identity - Project: Rajapalot gold cobalt project - Commodity: cobalt - Region: finland - Reported Region: Finland - Ticker: GSKR #### Resource scope - Estimate type: resource - Resource group id: resource:651e5160f850b8295274 #### Resource Data - Category: inferred - Tonnes: 9780000 - Grade: 441 - Grade Unit: ppm - Contained Metal: 4.3 - Contained Unit: kt #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Historical resource data from a 2023 PEA provided for context. Evidence · text > 9,780kt containing 867 koz Au @ 2.8 g/t Au & 4.3 kt Co @ 441 ppm Co #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Metallurgical Results (1) ### crusher comminution, Bond rod mill, Bond ball mill, gravity, gold leach, detoxification [Link to this fact](https://atlas-extractions.minestarters.com/news/goldsky-announces-commencement-of-metallurgical-test-work-on-the-avan-and-centra--22bf0f52-e64f-4b47-8e4e-0695b1f13d22#fact-metallurgical-facts-0) Barsele Project · gold #### Identity - Project: Barsele Project - Commodity: gold - Region: sweden - Reported Region: Sweden - Ticker: GSKR #### Test Work - Program Status: preliminary - Test Type: crusher comminution, Bond rod mill, Bond ball mill, gravity, gold leach, detoxification - Sample: 345kg composite samples from the Central and Avan zones #### Lab - Laboratory: Alfred Knight #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Commencement of testing provides necessary data for economic modeling. - Positive factor: Testing covers essential parameters for PEA \(power and reagents\) Evidence · text > commenced metallurgical test work on composite samples weighing 345kg from the Central and Avan zones of the Barsele Project in Sweden. #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.