Goldsky Resources Advances Rajapalot Drilling with 61% of 2026 Program Complete
Event summary
- Goldsky Resources has completed 61% of its 10,000-meter winter drilling program at the Rajapalot Gold-Cobalt Project in Finland, with 6,073 meters drilled across 31 holes as of February 26, 2026.
- Four diamond drill rigs are operational, with three focused on infill drilling and one on target-test drilling.
- First assay results are expected in March 2026, with drilling scheduled for completion in April 2026.
- The company plans to become the 100% owner of the Barsele Project and aims to complete a Preliminary Economic Assessment on Barsele in Q4 2026.
The big picture
Goldsky Resources is advancing its Rajapalot Gold-Cobalt Project through a structured drilling campaign aimed at upgrading resource estimates. The project is part of the company's broader strategy to consolidate assets in Sweden and Finland, with a focus on becoming the 100% owner of the Barsele gold project. The drilling progress and upcoming assay results will be critical in assessing the project's potential and the company's ability to execute its strategic goals.
What we're watching
- Resource Upgrades
- Whether the infill drilling will upgrade the confidence of the currently defined Raja and Palokas Au-Co Inferred Resource envelopes.
- Assay Results
- The pace at which assay results will be released and their potential impact on the project's valuation.
- Barsele Integration
- How the company will manage the transition to 100% ownership of the Barsele Project and the timeline for completing the Preliminary Economic Assessment.
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