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Goldstorm Metals Corp. reports mineral-exploration and capital-structure developments tied to its gold, silver and copper prospects in British Columbia’s Golden Triangle. Company updates focus on the 100%-owned Crown Property, a roughly 16,000-hectare land package that includes the Copernicus Zone and Orion Spine, with recurring disclosures on surface sampling, drilling results, drill targeting, and Induced Polarization and Magnetotelluric geophysical programs.
Goldstorm news also includes financing activity used to support exploration, including private placements, flow-through units, common share purchase warrants, warrant exercises, and related-party participation where disclosed. Additional project references include the Electrum Property and assay results from gold-silver-copper exploration programs.
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.
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