Goldstorm Metals to Conduct Geophysical Programs on the Crown Property, Located in the Golden Triangle of British Columbia
Goldstorm Metals (TSXV: GSTM) has contracted Simcoe Geoscience Limited to conduct Magnetotelluric (MT) and Induced Polarization (IP) geophysical programs on its Crown Property in British Columbia's Golden Triangle. The programs will target the Copernicus Zone and geochemical anomalies along the Orion Spine.
The Crown Property, spanning 16,000 hectares, is strategically located adjacent to Seabridge Gold's KSM project and Newmont's Brucejack mine. The IP study will cover 3.5-kilometers of the gold-in-rock geochemical trend, with 15-line-kilometres of Alpha IP™ surveys planned to test depths up to 900 meters.
Additionally, the company clarified details of its recent financing, raising total gross proceeds of $2,088,903.64 through the issuance of NFT and flow-through units.
Goldstorm Metals (TSXV: GSTM) ha incaricato Simcoe Geoscience Limited di condurre programmi geofisici di Magnetotellurica (MT) e Polarizzazione Indotta (IP) sulla sua Crown Property nel Golden Triangle della British Columbia. I programmi saranno focalizzati sulla Zona Copernicus e sulle anomalie geochimiche lungo la Orion Spine.
La Crown Property, che si estende su 16.000 ettari, è strategicamente situata adiacente al progetto KSM di Seabridge Gold e alla miniera Brucejack di Newmont. Lo studio IP coprirà 3,5 chilometri della tendenza geochimica dell'oro nella roccia, con 15 chilometri-linea di sondaggi Alpha IP™ pianificati per testare profondità fino a 900 metri.
Inoltre, la società ha fornito dettagli sul recente finanziamento, raccogliendo un totale di 2.088.903,64 dollari lordi tramite l'emissione di unità NFT e flow-through.
Goldstorm Metals (TSXV: GSTM) ha contratado a Simcoe Geoscience Limited para llevar a cabo programas geofísicos de Magnetotelúrica (MT) y Polarización Inducida (IP) en su Crown Property en el Triángulo Dorado de Columbia Británica. Los programas se centrarán en la Zona Copernicus y en anomalías geoquímicas a lo largo de la Orion Spine.
La Crown Property, que abarca 16.000 hectáreas, está estratégicamente ubicada junto al proyecto KSM de Seabridge Gold y la mina Brucejack de Newmont. El estudio IP cubrirá 3,5 kilómetros de la tendencia geoquímica de oro en roca, con 15 kilómetros-línea de encuestas Alpha IP™ planificadas para explorar hasta 900 metros de profundidad.
Además, la compañía aclaró detalles de su financiamiento reciente, recaudando un total de 2.088.903,64 dólares brutos mediante la emisión de unidades NFT y flow-through.
Goldstorm Metals (TSXV: GSTM)는 브리티시컬럼비아의 골든 트라이앵글에 위치한 Crown Property에서 자기전기(Magnetotelluric, MT) 및 유도 분극(Induced Polarization, IP) 지구물리학 프로그램을 수행하기 위해 Simcoe Geoscience Limited와 계약을 체결했습니다. 이 프로그램은 코페르니쿠스 존과 오리온 스파인 주변의 지구화학적 이상 지역을 대상으로 합니다.
Crown Property는 16,000헥타르에 달하며, Seabridge Gold의 KSM 프로젝트와 Newmont의 Brucejack 광산 인근에 전략적으로 위치해 있습니다. IP 조사는 금 함유 암석 지구화학 경향을 따라 3.5킬로미터 구간을 다루며, 15라인킬로미터의 Alpha IP™ 조사가 900미터 깊이까지 탐사할 예정입니다.
또한, 회사는 최근 자금 조달 세부 사항을 명확히 밝혔으며, NFT 및 플로우스루 유닛 발행을 통해 총 2,088,903.64달러의 총 수익을 확보했습니다.
Goldstorm Metals (TSXV : GSTM) a mandaté Simcoe Geoscience Limited pour réaliser des programmes géophysiques de magnétotellurique (MT) et de polarisation induite (IP) sur sa propriété Crown dans le Golden Triangle de la Colombie-Britannique. Ces programmes cibleront la zone Copernicus ainsi que les anomalies géochimiques le long de l'Orion Spine.
La propriété Crown, qui s'étend sur 16 000 hectares, est stratégiquement située à proximité du projet KSM de Seabridge Gold et de la mine Brucejack de Newmont. L'étude IP couvrira 3,5 kilomètres de la tendance géochimique aurifère dans la roche, avec 15 kilomètres-lignes d'enquêtes Alpha IP™ prévues pour sonder jusqu'à 900 mètres de profondeur.
Par ailleurs, la société a précisé les détails de son récent financement, levant un total de 2 088 903,64 dollars bruts grâce à l'émission d'unités NFT et flow-through.
Goldstorm Metals (TSXV: GSTM) hat Simcoe Geoscience Limited beauftragt, geophysikalische Programme zur Magnetotellurik (MT) und induzierten Polarisation (IP) auf ihrem Crown-Grundstück im Golden Triangle von British Columbia durchzuführen. Die Programme werden sich auf die Copernicus-Zone und geochemische Anomalien entlang des Orion Spine konzentrieren.
Das Crown-Grundstück erstreckt sich über 16.000 Hektar und liegt strategisch angrenzend an das KSM-Projekt von Seabridge Gold sowie die Brucejack-Mine von Newmont. Die IP-Studie wird 3,5 Kilometer des goldhaltigen Gesteinsgeochemietrends abdecken, mit geplanten 15 Linienkilometern von Alpha IP™-Messungen, die Tiefen bis zu 900 Metern testen sollen.
Zusätzlich hat das Unternehmen Details seiner jüngsten Finanzierung bekannt gegeben und dabei Gesamteinnahmen von 2.088.903,64 US-Dollar brutto durch die Ausgabe von NFT- und Flow-Through-Einheiten erzielt.
- Strategic location adjacent to major gold-copper projects (KSM and Brucejack)
- 100% ownership of the 16,000-hectare Crown Property
- Successfully raised over $2 million in recent financing
- Comprehensive geophysical program targeting potential large-scale mineralization
- Early-stage exploration project with no confirmed mineral resources
- Results from geophysical surveys not guaranteed to identify viable targets
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to announce that it has contracted with Simcoe Geoscience Limited to complete ground-based Magnetotelluric (MT) and Induced Polarization (IP) geophysical programs (the "Programs") targeting the Copernicus Zone and other geochemical anomalies along the Orion Spine on the Company's
To view an enhanced version of this graphic, please visit:
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Ken Konkin, P. Geo., President and CEO, comments, "We are excited to begin this geophysical phase of exploration on the Crown Project that will assist our team in prioritizing drill targets along the Orion Spine, which is located directly south of, and on trend with the extensive string of Treaty-KSM gold-copper porphyry deposits. The geophysical surveys will focus on the known zones of mineralization at Copernicus. We expect the results of the surveys to considerably improve our geologic understanding of the project as we prepare for preliminary exploration drilling. The goal is to evaluate the underlying geology along the 1.4-kilometer trend of the Copernicus Zone to determine if a large intrusive-related target at depth may be the source for the mobilized copper-gold-silver mineralization identified on surface. The IP study will cover 3.5-kilometers of the impressive, anomalous gold-in-rock geochemical trend that extends along the north-south oriented Orion Spine. We hope that the IP will outline conductivity anomalies that may represent larger mineralized targets, as well as identify major regional structures that are known to play an important role in the geological model for the porphyry systems located on trend to the north, at KSM and at Treaty Creek.
The geophysical programs will commence in mid-August and should take a few weeks to complete. We plan to undertake 15-line-kilometres of Alpha IP™ surveys from five parallel lines, each extending approximately three kilometers in length, with a high-definition dipole spacing of 100 m. The study is estimated to test the survey area to a depth of at least 900 meters."
See below to view the Orion Spine rock geochemical gold anomalies and area of proposed geophysical surveying at Copernicus.
To view an enhanced version of this graphic, please visit:
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Goldstorm Metals also announces that further to the Company's news release dated June 27, 2025, the Company clarifies it raised gross proceeds of
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/261450
FAQ
What is the scope of Goldstorm Metals' (GSTMF) geophysical program at the Crown Property?
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When will Goldstorm Metals (GSTMF) begin its geophysical programs?
