Goldsky Resources

What Goldsky Resources does

Goldsky Resources Corp. is a Vancouver-domiciled, publicly listed mineral exploration and development company (TSXV: GSKR; Nasdaq First North: GSKR SDB; OTCQX: GSKRF; Frankfurt: HEG0) focused exclusively on gold and, secondarily, cobalt in the Nordic region. Formed in December 2025 through the merger of First Nordic Metals Corp. and Mawson Finland Limited, the company controls one of the largest mineral claim portfolios in the Nordics at over 123,000 hectares spanning Sweden's Gold Line Belt and Finland's Oijärvi greenstone belt, anchored by the 100%-owned flagship Barsele Gold Project (Sweden) and the Rajapalot Gold-Cobalt Project (Finland), with additional district-scale positions at Paubäcken, Storjuktan, Kylmäkangas, and the Oijärvi regional land package.

The company's portfolio is built around six project areas combining advanced-stage assets and grassroots exploration. Combined attributable resources stand at approximately 2.0 Moz AuEq in the inferred category and 0.3 Moz AuEq in M&I, with Barsele contributing 2.09 Moz Au inferred / 324 koz indicated (attributable) and Rajapalot contributing 867 koz Au plus 4,311 tonnes cobalt inferred. Technical work relies on industry-standard methodologies — diamond drilling, NI 43-101 compliant resource estimation, and geophysical/geochemical surveys — supported by historical exploration data inherited from prior operators including Agnico Eagle, Mawson, and Elemental Royalty. Active exploration includes a 10,000-metre winter drilling program at Rajapalot that was 61% complete by February 2026.

Goldsky Resources is pre-revenue and operates as an exploration/development platform funded primarily through equity financings. The company's customer base in a commercial sense does not yet exist; instead it sells securities to institutional and retail investors across four exchanges and engages mining-focused funds, strategic partners, and potential acquirers through investor relations, conference participation (PDAC, Canaccord Genuity Global Metals & Mining, Nordic Funds & Mines), and analyst coverage from Haywood, Ventum, ROTH, and Hannam & Partners. The C$80 million subscription receipt financing closed alongside the Mawson merger (December 2025) and the subsequent C$84.4 million cash position provide runway for sustained exploration, with a stated vision to create the Nordic's next gold camp via further consolidation.

Name

Goldsky Resources

Legal name

Goldsky Resources Corp.

Website

https://goldskyresources.com

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Short description

Goldsky Resources Corp. is a Vancouver-listed Nordic gold and cobalt exploration company controlling over 123,000 hectares in Sweden and Finland, anchored by the 100%-owned Barsele and Rajapalot projects, targeting institutional investors and capital-markets participants.

Ownership category

akta.pro rank

Product category

Gold and Cobalt Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222), Support Activities for Mining (2131)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industries

Gold Mining (IMAKAEAA), Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Cobalt Mining & Refining (IMAKAFAC)

Keywords

• Gold exploration
• Mineral exploration
• Cobalt exploration
• Nordic mining development
• Precious metals exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales, Others

Revenue model

1. Pre-Revenue Exploration Stage: The company is in the exploration stage and does not currently generate revenue from operations. Future revenue will come from gold and cobalt production once projects are developed. Current operations are funded through equity financings and will transition to production revenue over time.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Goldsky Resources is a gold and cobalt exploration and development company advancing a district-scale portfolio of mineral projects across Sweden and Finland. The company owns 100% of the flagship Barsele Gold Project in Sweden and the Rajapalot Gold-Cobalt Project in northern Finland, along with additional exploration positions at Paubäcken, Storjuktan, Kylmäkangas and Oijärvi Regional Scale, covering over 123,000 hectares with a combined attributable resource base of approximately 2.3 million ounces AuEq. It is pre-revenue and funds ongoing exploration through public equity financings.

Product overview

Goldsky Resources is a premier gold developer in the Nordics with one of the largest mineral claim portfolios in the region, covering over 123,000 hectares of prospective ground across Sweden and Finland. The company's product portfolio consists of six distinct projects: the flagship Barsele Gold Project in Sweden (now 100% owned following the June 2026 acquisition of Agnico Eagle's interest), the Rajapalot Gold-Cobalt Project in northern Finland, and four additional exploration projects (Paubäcken, Storjuktan, Kylmäkangas, and Oijärvi Regional Scale) that form a district-scale land position along the Gold Line Belt in Sweden and the Oijärvi greenstone belt in Finland. The company operates as a consolidated platform combining assets acquired through the December 2025 merger of First Nordic Metals and Mawson Finland Limited, with a focus on gold exploration and development in Tier-1 Nordic jurisdictions.

Differentiator

Problem solved

Functional benefit

Products and services

• Barsele Gold Project Flagship gold exploration and development project located in central Sweden, now 100% owned by Goldsky Resources following the June 2026 acquisition of Agnico Eagle's remaining interest. The project hosts an Indicated Resource of 7.88 Mt grading 1.27 g/t Au containing 320,781 oz Au and an Inferred Resource of 28.75 Mt grading 1.98 g/t Au containing 1.83 Moz Au. Intended audience is institutional investors and strategic mining partners evaluating the company's flagship Nordic gold asset.
• Rajapalot Gold-Cobalt Project Gold-cobalt exploration project situated in northern Finland, 100% owned by Goldsky Resources. Features an Inferred Resource of 9,780 kt containing 867 koz Au at 2.8 g/t Au and 4,311 tonnes of cobalt at 441 ppm Co, with mineralization remaining open at depth across multiple deposit zones (Palokas, Raja, East Joki, Hut, Rumajärvi). Provides embedded critical-minerals (cobalt) exposure alongside core gold.
• Paubäcken Project Gold exploration project located in Sweden's Gold Line Belt, adjacent to the Barsele Gold Project. Forms part of Goldsky Resources' district-scale license position totaling approximately 80,000 hectares on Sweden's Gold Line greenstone belt.
• Storjuktan Project

Quantifiable outcome

• After-tax NPV(5) of US$211 million at US$1,700 gold (Rajapalot PEA 2023)
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• Nuvolari Capital LimitedminorOthers · 25 June 2026Goldsky paid Nuvolari Capital Limited a finder's fee equal to 3% of aggregate value of cash consideration and shares paid in the Barsele transaction, approximately C$6.8 million satisfied by issuance of 2.57 million Goldsky shares.
• Elemental Royalty CorporationminorStrategic or Co-development Partner · 19 February 2026Goldsky acquired Elemental's Nordic Business Unit including regional infrastructure in northern Sweden (exploration camp), exploration equipment inventory, and Nordic technical team. Total staged payments of approximately US$360,000 over two years. Elemental retains a 1% NSR royalty on any new projects organically generated by Goldsky in Sweden and Finland within five years.
• Mawson Finland LimitedcoreStrategic or Co-development Partner · 16 December 2025First Nordic Metals Corp. completed merger with Mawson Finland Limited via court-approved plan of arrangement, forming Goldsky Resources Corp. Transaction consolidated gold exploration portfolio in Sweden and Finland including Barsele Project, Rajapalot, and Oijärvi with combined resource of approximately 2.3 million ounces of gold equivalent. Company raised C$80 million concurrent financing.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Agnico Eagle Mines: Agnico Eagle is a senior Canadian gold producer with global operations including European assets. As Goldsky's Control Person at ~32.5% ownership and former JV partner at Barsele, Agnico Eagle is both a strategic anchor and the most credible potential acquirer/integrator of Goldsky's Nordic portfolio, representing the bull case exit pathway.
• Mandalay Resources: Mandalay Resources is an intermediate gold and antimony producer with assets including the Björkdal gold mine in northern Sweden. It is a relevant comparator as a producing Nordic-region gold company, providing context for the development pathway and valuation benchmarks for advanced-stage Nordic gold assets.

Emerging players

• Eurobattery Minerals: Eurobattery Minerals is a Nordic-focused battery minerals exploration company with projects in Finland and Sweden. While focused on battery/critical minerals rather than gold, it overlaps with Goldsky's cobalt exposure and shares the Nordic mining jurisdiction focus, providing a thematic comparator for the critical minerals component.
• Latitude 66 Cobalt: Latitude 66 Cobalt is a Nordic-focused critical minerals explorer with cobalt-gold projects in Finland. As an emerging player with cobalt exposure in the same geography as Rajapalot, it represents a thematic peer for the critical minerals portion of Goldsky's portfolio and a potential consolidation candidate.

Direct peers

• Endomines: Endomines is a Nordic gold mining and exploration company with operating gold mines in Finland (Pampalo) and exploration assets across the Karelian gold line. It is a directly comparable Nordic-focused gold company that combines production with exploration, providing a relevant development-stage benchmark for Goldsky's portfolio.
• Rupert Resources: Rupert Resources is a Canadian-listed gold exploration and development company focused on the Ikkari discovery and broader Pahtavaara project area in Finland's Central Lapland Greenstone Belt. It is the closest Nordic gold peer in terms of geography, stage (pre-construction), and resource scale, competing directly for investor capital and strategic acquirer attention.
• Aurion Resources: Aurion Resources is a Finland-focused gold explorer with a portfolio of properties in the Central Lapland region, backed by strategic investor Kinross Gold. Like Goldsky, it operates as a junior Nordic gold explorer advancing resource-stage projects in a Tier-1 jurisdiction, with comparable scale and exploration-stage risk profile.
• Dragon Mining: Dragon Mining is a Nordic gold producer with operating mines and processing facilities in Finland and Sweden. It is a more advanced regional peer that demonstrates the pathway from Nordic gold exploration to production, providing a comparable operating model for Goldsky's eventual development.
• Botnia Exploration: Botnia Exploration is a Sweden-listed junior gold and base metals explorer focused on the Gold Line Belt and other Nordic greenstone belts. It shares the same geographic focus (particularly Sweden's Gold Line Belt adjacent to Barsele) and exploration-stage profile as Goldsky, making it a regional peer competing for the same exploration ground and investor base.

Regional players

• Nordic Mining: Nordic Mining is a Norwegian-listed resource development company focused on critical minerals and industrial minerals in the Nordic region. While not a direct gold peer, it shares the Nordic-focused resource development theme and competes for investor capital interested in Tier-1 jurisdiction mining exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights8 records

Customer concentration

• Xx.com/goldskyir
• YouTubeyoutube.com/@goldskyir
• Facebookfacebook.com/goldskyir
• LinkedInlinkedin.com/company/goldskyresources
• Instagraminstagram.com/goldskyir

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds8 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goldsky Resources