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Goldstorm Metals Corp. (symbol: GSTMF) is a precious and base metals exploration company with a strategic land position in British Columbia's Golden Triangle. The company's flagship projects, Crown and Electrum, cover a total area of 16,469 hectares over six concessions, aiming to develop high-grade gold and silver targets through extensive exploration programs.
Recent achievements include the discovery of significant mineralized zones, such as the Copernicus, Galileo, Triton, and Launch zones, indicating the potential for large bulk-tonnage, intrusive-related systems with veining and semi-massive sulphide pods. The 2023 drilling program at Electrum successfully intercepted high-grade vein-type and porphyry-style gold-silver mineralization, paving the way for future expansion and development.
Goldstorm Metals reported results from seven drill holes at its Electrum gold-silver property in British Columbia's Golden Triangle. Key findings include high-grade intersections of 1,766 g/t silver over 0.45 meters in hole EL-24-16 and 7.78 g/t gold over 1.50 meters in hole EL-24-15. The 2,233-meter drilling program tested epithermal veins at two main targets: the Dome Target and the newly discovered LP Zone. Notable results include a 48-meter intercept returning 0.47 g/t gold with 5.00 g/t silver at the Dome Target, suggesting potential system expansion to the southwest.
Goldstorm Metals Corp. (TSXV: GSTM) has completed its 2024 exploration campaign on the 100% owned Electrum and Crown Properties in British Columbia's Golden Triangle. The program included diamond drilling, surface sampling, and mapping. Key highlights:
1. 702 surface rock samples collected across both properties
2. Significant expansion of mineralized zones at Crown, including Copernicus, Orion, Triton, Launch, and Fairweather
3. High-grade gold, silver, and copper values discovered
4. Potential VMS-style deposit identified at Copernicus Zone
5. Molybdenum-rich area discovered at Mackie West Concession
Notable sample results include:
- 30.9 g/t gold and 42.39 g/t silver (Cat in the Hat Zone)
- 55.2 g/t gold and 82.71 g/t silver (Launch Zone)
- 0.29 g/t gold, 925 g/t silver, 3.38% lead, and 2.32% zinc (Galileo Zone)
The company plans to expand exploration efforts in these zones next year, focusing on areas of glacial ablation and developing drill targets for high-grade mineralization.
Goldstorm Metals Corp. (TSXV: GSTM) has commenced a diamond drill program on its 100% owned Electrum gold and silver property in British Columbia's Golden Triangle. The Phase 1 program, targeting up to 1,200 meters, aims to follow up on successful 2023 drill results and expand known mineralization at the 'dome target'. Key highlights include:
- Targeting a bulk-tonnage gold-silver target in the southern portion of the property
- Follow-up on 2023 results, including 1.13 g/t gold and 6.02 g/t silver over 61.5 m
- Exploring potential for intrusive-related or porphyry-style systems
- Additional prospecting and mapping at the nearby Crown claims
The company aims to add value through new discoveries of economically significant gold, silver, and copper mineralization in this prolific mining region.
Goldstorm Metals announces the appointment of Ken McNaughton to its Board of Directors, effective June 27, 2024. McNaughton brings over 40 years of global experience in mineral exploration, currently serving as Chief Exploration Officer at P2 Gold. His past roles include Chief Exploration Officer at Pretium Resources and Vice President at Silver Standard Resources.
McNaughton’s notable achievements include spearheading the Brucejack Project and other high-grade gold discoveries.
Goldstorm also reports the resignation of Natalie Senger from the Board and her position as VP of Resource Development to pursue other interests.
Additionally, Curran Investor Communications is appointed for investor relations services, with a 12-month contract commencing on June 27, 2024, and a monthly fee of $5,000.
Goldstorm Metals is gearing up for its 2024 exploration program at its Electrum and Crown properties in British Columbia's Golden Triangle. The program includes a minimum of 1,000 meters of drilling. The Electrum project will focus on expanding known gold-silver hydrothermal systems, with significant intercepts noted in previous drilling. In 2023, the company completed 2,581 meters of drilling at Electrum, yielding high-grade gold and silver results. At Crown, new mineralized zones were discovered, with promising sampling results. The 2024 objectives include high-grade precious and base-metal targets and potentially initiating drilling in the Copernicus Zone.