Goldstorm Metals Provides Update on IP and MT Geophysical Surveys on the Crown Property, Prepares for Drill Program at Electrum, Golden Triangle of British Columbia
Goldstorm Metals (TSXV: GSTM) has completed an Induced Polarization (IP) survey and is conducting a Magnetotelluric (MT) survey at its 100%-owned Crown Property, which spans 16,000 hectares adjacent to Seabridge Gold's KSM project and Newmont's Brucejack mine. The company is also launching a 1,200-meter diamond drill program at the Electrum Property.
The Electrum program will target high-grade gold and silver zones, following up on previous significant intercepts including 440.8 g/t gold and 400.0 g/t silver over 0.52m. The company has collected 527 grab, chip and channel samples from the Crown Project, with results expected within three weeks. The geophysical surveys aim to define drill targets along the 1.4-kilometer Copernicus Zone and 6-kilometer Orion Spine.
Goldstorm Metals (TSXV: GSTM) ha completato un’indagine IP (Induced Polarization) e sta conducendo un’indagine MT (Magnetotellurica) presso la sua Proprietà Crown al 100%, che si estende per 16.000 ettari adiacente al progetto KSM di Seabridge Gold e alla miniera Brucejack di Newmont. L’azienda sta anche avviando un programma di trivellazione diamantina di 1.200 metri presso la Proprieta Electrum.
Il programma Electrum mirerà a zone ad alto grado di oro e argento, seguendo precedenti intercetti significativi tra cui 440,8 g/t oro e 400,0 g/t argento su 0,52 m. L’azienda ha raccolto 527 campioni grab, chip e channel dal Crown Project, con i risultati attesi entro tre settimane. Le indagini geofisiche mirano a definire gli obiettivi di trivellazione lungo la zona Copernicus di 1,4 chilometri e la spina Orion di 6 chilometri.
Goldstorm Metals (TSXV: GSTM) ha completado una exploración de Polarización Inducida (IP) y está llevando a cabo una exploración Magnetotellúrica (MT) en su Propiedad Crown 100% propiedad, que abarca 16.000 hectáreas adyacentes al proyecto KSM de Seabridge Gold y a la mina Brucejack de Newmont. La empresa también está lanzando un programa de perforación diamantina de 1.200 metros en la Propiedad Electrum.
El programa Electrum apuntará a zonas de oro y plata de alta ley, tras interceptos significativos previos que incluyen 440,8 g/t de oro y 400,0 g/t de plata sobre 0,52 m. La empresa ha recopilado 527 muestras tipo grab, chip y canal de Crown Project, con resultados esperados dentro de tres semanas. Las exploraciones geofísicas buscan definir objetivos de perforación a lo largo de la Zona Copernicus de 1,4 kilómetros y la espina Orion de 6 kilómetros.
Goldstorm Metals (TSXV: GSTM)은 Induced Polarization(IP) 조사를 완료했고 16,000헥타르의 Crown Property를 100% 소유하고 있는지에 대해 Magnetotelluric(MT) 조사를 진행 중이며, Seabridge Gold의 KSM 프로젝트와 Newmont의 Brucejack 광산에 인접합니다. 또한 Electrum Property에서 1,200미터 다이아몬드 드릴 프로그램을 시작합니다.
Electrum 프로그램은 고품질 금과 은 매장층을 표적으로 하며, 440.8 g/t의 금과 400.0 g/t의 은이 0.52m에 걸친 이전의 중요한 관측치를 포함합니다. 회사는 Crown Project에서 527건의 Grab, Chip 및 Channel 샘플을 수집했으며, 결과는 3주 이내에 나올 것으로 예상됩니다. 지구물리 조사는 1.4km Copernicus Zone과 6km Orion Spine을 따라 시추 목표를 정의하는 것을 목표로 합니다.
Goldstorm Metals (TSXV: GSTM) a terminé une enquête IP (Induced Polarization) et réalise une étude MT (Magnetotellurique) sur sa propriété Crown détenue à 100%, qui couvre 16 000 hectares adjacents au projet KSM de Seabridge Gold et à la mine Brucejack de Newmont. L’entreprise lance également un programme de forage diamant de 1 200 mètres sur la propriété Electrum.
Le programme Electrum ciblera des zones d’or et d’argent à haute teneur, suite à des intercepts significatifs antérieurs comprenant 440,8 g/t d’or et 400,0 g/t d’argent sur 0,52 m. La société a collecté 527 échantillons grab, chip et canal sur le Crown Project, les résultats étant attendus dans trois semaines. Les relevés géophysiques visent à définir les cibles de forage le long de la zone Copernicus de 1,4 kilomètre et de l’épine Orion de 6 kilomètres.
Goldstorm Metals (TSXV: GSTM) hat eine Induced Polarization (IP)-Untersuchung abgeschlossen und führt eine Magnetotelluric (MT)-Untersuchung auf seinem 100%-igen Crown Property durch, das sich über 16.000 Hektar erstreckt und an Seabridge Golds KSM-Projekt sowie Newmonts Brucejack-Mine grenzt. Das Unternehmen startet außerdem ein 1.200-Meter-Diamantbohrprogramm auf dem Electrum Property.
Das Electrum-Programm zielt auf hochgradige Gold- und Silberzonen ab und baut auf vorige signifikanteIntercepts auf, darunter 440,8 g/t Gold und 400,0 g/t Silber über 0,52 m. Das Unternehmen hat 527 Grab-, Chip- und Channel-Proben vom Crown Project gesammelt, und die Ergebnisse werden voraussichtlich in drei Wochen vorliegen. Die geophysikalischen Untersuchungen zielen darauf ab, Bohrziele entlang der 1,4 Kilometer langen Copernicus-Zone und der 6 Kilometer langen Orion-Spine zu definieren.
Goldstorm Metals (TSXV: GSTM) أكملت مسحاً باستخدام الاستقطابية المحفزة (IP) وتجرى حالياً مسحاً مغناطيسياً-تيتليورياً (MT) في الممتلكة Crown المملوكة بالكامل، والتي تمتد على 16,000 هكتار بجوار مشروع KSM لشركة Seabridge Gold ومنجم Brucejack لشركة Newmont. كما يطلق الشركة برنامج حفر ماسي بعمق 1,200 متر في ممتلك Electrum.
سيستهدف برنامج Electrum مناطق ذهب وفضة عالية الجودة، متابعةً لنتائج مناعلة سابقة مهمة بما في ذلك 440.8 ج/طن من الذهب و 400.0 ج/طن من الفضة على 0.52 م. جمعت الشركة 527 عينة من Grab وChip وChannel من Crown Project، ومن المتوقع الحصول على النتائج خلال ثلاثة أسابيع. تهدف المسوحات الجيوفيزيائية إلى تعريف أهداف الحفر على طول منطقة Copernicus بطول 1.4 كيلومتر وعمود Orion Spine بطول 6 كيلومترات.
Goldstorm Metals (TSXV: GSTM) 已完成诱导极化(IP)勘探，并在其 100%自有 Crown Property 进行磁电法(MT)勘探，该地块覆盖 16,000 公顷，毗邻 Seabridge Gold 的 KSM 项目和 Newmont 的 Brucejack 矿。公司还将在 Electrum 物业启动一个 1,200 米钻探计划。
Electrum 计划将针对高品位金银带进行勘探，跟进之前的重大截获，包括 440.8 g/t 金与 400.0 g/t 银，覆盖 0.52 m。公司已从 Crown Project 收集了 527 份抓样、芯样和槽样，预计三周内公布结果。地球物理勘探旨在在 1.4 公里 Copernicus Zone 和 6 公里 Orion Spine 上界定钻探靶点。
- Strategic location adjacent to major gold projects (Seabridge Gold's KSM and Newmont's Brucejack)
- Historical high-grade gold and silver intercepts at Electrum Property (up to 440.8 g/t gold)
- Extensive sampling program with 527 samples collected
- Good infrastructure with excellent road access throughout Electrum Property
- Results from geophysical surveys and sampling program still pending
- Limited historical production from East Gold Mine (only 3,816 ounces of gold)
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") reports that the Induced Polarization (IP) survey has been completed, and the Magnetotelluric (MT) survey is now underway at its
Crown and Electrum Properties - Location Map
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Ken Konkin, P. Geo., President and CEO, comments "As we await the results of the IP and MT surveys from our consultants that will help define and prioritize drill targets at the Crown Property, Goldstorm will continue to advance exploration efforts with a 1,200-meter diamond drill program at the Electrum Property. This program will follow up on previous near-surface high-grade gold and silver drill intercepts and represents another exciting step in our broader exploration strategy, which includes expanding the high-grade mineralization footprint at Electrum. The sheeted gold-silver vein complex at Electrum has many similarities to that of the Blueberry vein system found immediately to the south on the adjoining claims owned by Scottie Resources Corp. Our drill holes are designed to test areas that may contain some very high grades of multi-pulse gold and silver mineralization, based on results of nearby drill holes. A track-mounted drill will be utilized to
drill at least six HQ and NQ2 drill holes. Given that we have excellent road access throughout the entire Electrum Property, all holes can be collared from existing access roads.
We expect the completion of the geophysical surveys within days at the Orion Spine on the Crown Property, which is located just north of the Electrum Property. Once finalized, we will receive the geophysical interpretations from the IP and MT studies. In addition, our crews have recently made new discoveries from an intensive prospecting and rock sampling program, collecting 527 grab, chip and channel samples from the Crown Project, including the Orion Spine area where we concentrated our geophysical study. The majority of these samples have been submitted to the lab recently, so we expect to see the results within three weeks. With the geophysical and geochemical results in-hand, we will then select drill targets for the Orion Spine. Ideally, we hope to complete this compilation before the end of the season so we can construct several drill pads, which will be ready to receive drills for the 2026 exploration season. The goal at Orion is to discover the next set of large intrusive-related deposits that are on trend from the south-trending Treaty-KSM deposits that occur at a regular frequency of distribution at approximately three-kilometer intervals."
Results of the geophysical work at the Crown Property will refine the understanding of mineralized zones and structural controls and will assist in identifying potential large-scale targets along the 1.4-kilometer-long Copernicus Zone and the 6-kilometerlong Orion Spine. Results from the surveys are expected to provide valuable insight into the geology of the project area and guide future drilling campaigns.
2025 Electrum Drill Program
Drilling at Electrum this fall will total approximately 1,200 meters (m) in six holes targeting high-grade gold and silver intervals reported from previous drill programs in 2023 and 2024 operated by Goldstorm Metals, and from historical discoveries (please refer to press releases dated November 14, 2023, January 24, 2024 and November 6, 2024). In prior programs operated by Goldstorm Metals and other operators, the targeted drill area returned several higher-grade gold and silver results, including:
- EL-06-18 intercepting 440.8 g/t gold and 400.0 g/t silver over 0.52 m
- EL-07-31 intercepting 31.40 g/t gold and 19.0 g/t silver over 2.0 m
- EL-23-08 intercepting 57.34 g/t gold and 214.27 g/t silver over 2.1 m
The drill targets will include the area of the historical East Gold Mine area, where intermittent small-scale, underground production between 1939 and 1965 produced 3,816 ounces of gold and 2,442 ounces of silver from 45 tons of hand selected ore. Sampling and mapping by Tudor Gold Corp. in 2020 further support this prospective target, as a verification chip sample taken within this area returned values of 101.60 g/t gold and 20,334.0 g/t silver. Another prospective drill target, 300 m to the south of this area, includes high-grade gold intercepts drilled in 2007, which have never received follow-up work. See below to view the map of the Electrum 2025 drill plan.
2025 Electrum Drill Plan Map
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Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company's President and CEO, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.
QA/QC
All samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Gold was assayed using a fire assay with atomic absorption (AA) spectrometry finish. Samples over 10 ppm gold were fire assayed with gravimetric finish. All samples were analyzed by four acid digestion with multi-element ICP-MS, with silver and base metal over-limits being reanalyzed by emission spectrometry. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.
About Goldstorm Metals
Goldstorm Metals Corp. is a precious and base metals exploration company with a large strategic land position in the Golden Triangle of British Columbia, an area that hosts some of the largest and highest-grade gold deposits in the world. Goldstorm's flagship projects, Crown and Electrum, cover an area that totals 16,469 hectares over 6 concessions, of which 5 are contiguous. The Crown Project is situated directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation's Brucejack/Valley of the Kings gold mine. Electrum, also located in the Golden Triangle of BC, is situated directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and the past producing Silbak Premier mine, 20 kilometers to the south.
ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDSTORM METALS CORP.
"Ken Konkin"
Ken Konkin
President and Chief Executive Officer
For further information, please visit the Company's website at https://goldstormmetals.com/or contact:
Chris Curran
VP Investor Relations and Corporate Communications
Phone: (604) 559-8092
E-Mail: chris.curran@goldstormmetals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including without limitation, the statement regarding the expectation that geologists are expected to complete a compilation study this winter once all assay results are received. Such a statement is a forward-looking statement and contains forward-looking information.
Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by Goldstorm and the opinions and estimates of management as of the date of this press release, including that geologists will complete a compilation study this winter once all assay results are received.
These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Goldstorm to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation that geologists will not complete a compilation study this winter or at all.
Although management of Goldstorm has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Goldstorm does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267922
FAQ
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