Business

Goldstorm Metals Announces Drilling Underway at the Electrum Gold & Silver Project, British Columbia

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - Goldstorm Metals Corp. (TSXV: GS...

articleGoldstorm Metals Corp.July 31, 20244/company/goldstorm-metals-corp/news/goldstorm-metals-announces-drilling-underway-at-the-electrum-gold-and-silver-project-british-columbia
Goldstorm Metals Announces Drilling Underway at the Electrum Gold & Silver Project, British Columbia

About this update from Goldstorm Metals Corp.

[{"type":"text","content":"\nGoldstorm Metals Announces Drilling Underway at the Electrum Gold & Silver Project, British ColumbiaVancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) (\"Goldstorm\" or \"the Company\") is pleased to report that a diamond drill program has commenced (the \"Program\") on its 100% owned Electrum gold and silver property (the \"Property\"), located within the Golden Triangle region of British Columbia. Electrum is situated to the south of Newmont Corporation's Brucejack Mine and Seabridge Gold Inc.'s KSM Property, an area host to over 80 million ounces of gold and over 19 billion pounds of copper. Click to view the location maps.The Phase 1, proposed drill program at Electrum will begin with three drillholes to follow up previous results from the 2023 drill program outlined in the summary at the end of this release, with the intent of targeting the dome-shaped, bulk-tonnage gold-silver target in the southern portion of the Property. Other Phase 1 proposed drillholes, totalling up to 1,200 meters (m), are being planned as part of this year's exploration efforts, with a possible follow up Phase 2 program. Click to view the plan map and cross section for the program.Ken Konkin P. Geo., President and CEO comments; \"We are pleased to announce the start of the 2024 exploration program at the Electrum and Crown properties. We have completed our camp set-up as well as construction of additional drill platforms in order to undertake our Phase 1 diamond drill hole program at Electrum. Preparations at Electrum have gone very well. We have established camp at the former Granduc mill-site and we thank our good friends at both Castle Resources Inc. and Scottie Resources Corp. for sharing this facility with Goldstorm Metals. One diamond drill has been mobilized to the road-accessible Electrum project. This drill will concentrate on the peripheral intrusive-related, or porphyry-style, targets to start the program. Additionally, we may test several of the numerous high-grade structurally-hosted targets near the main showings, as follow-up to the successful 2023 drill results demonstrated in the table below. The primary goal of this years' program is to expand the known mineralization at the 'dome target', which is a conspicuous silicified topographic 'high' that may host a large gold-si...

More updates from Goldstorm Metals Corp.