GOLDSTORM METALS (GSTMF) Stock News, Jul 2024-Aug 2025

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) has announced the initiation of its 2025 exploration program at the Copernicus Zone on its 100%-owned Crown Property in British Columbia's Golden Triangle. The property, spanning 16,000 hectares, is strategically located adjacent to Seabridge Gold's KSM project and Newmont's Brucejack mine.

The company plans to conduct detailed Magnetotelluric (MT) and Induced Polarization (IP) ground surveys along the 6-kilometer Orion Spine. Notable 2024 sampling results include a grab sample yielding 30.9 g/t gold and 42.39 g/t silver from the Cat in the Hat Zone, and samples with up to 6.57% copper at the original Copernicus showing. The company has completed drill pad construction and may initiate drilling based on geophysical results.

Goldstorm Metals (TSXV: GSTM) has successfully closed an upsized non-brokered private placement, raising total gross proceeds of $2.09 million. The offering consisted of 15.44 million non-flow-through units at $0.07 per unit and 10 million flow-through units at $0.1008 per unit.

Notable investor Eric Sprott participated in the offering, acquiring 3.57 million common shares and 1.79 million warrants. The proceeds from non-flow-through units will support working capital needs, while flow-through funds will be allocated to Canadian exploration expenses, to be incurred by December 31, 2026 and renounced by December 31, 2025.

Goldstorm Metals has announced an increase in its private placement financing to approximately $2.1 million, driven by strong investor demand. The offering consists of two components: up to 15,441,483 non-flow-through units at $0.07 per unit for $1.08 million, and up to 10,071,428 flow-through units at $0.1008 per unit for $1.02 million. Each unit includes one share and half a warrant, with warrants exercisable at $0.10 for 24 months. The company will use non-flow-through proceeds for working capital, while flow-through funds will support Canadian exploration expenses. The offering is expected to close around June 26, 2025, subject to regulatory approval.

Goldstorm Metals Corp (GSTM) has announced an increase in its non-brokered private placement offering to $1.8 million due to strong investor demand. The offering includes non-flow-through units at $0.07 per unit and charity flow-through units at $0.1008 per unit. Each unit consists of one common share and half a warrant, with each full warrant exercisable at $0.10 for 24 months. The company has an acceleration clause if shares trade at $0.20 or higher for 10 consecutive days. Proceeds from non-flow-through units will support working capital, while charity flow-through funds will be used for Canadian exploration expenses, to be incurred by December 2026 and renounced by December 2025. Notable investor Eric Sprott is participating in the placement.

Goldstorm Metals Corp. (GSTM) has announced a non-brokered private placement offering to raise up to $1 million through the sale of units at $0.07 per unit. Each unit consists of one common share and half of a warrant, with each full warrant exercisable at $0.10 for 24 months. The company includes an acceleration clause if shares trade at $0.20 or higher for 10 consecutive days. The proceeds will support exploration activities, working capital, and general corporate purposes. The offering includes potential finder's fees and requires TSXV approval, with securities subject to a four-month hold period.

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.