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Goldstorm Metals Prepares for Upcoming Drill Program at the Electrum Gold Project, Located in British Columbia
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - Goldstorm Metals Corp. (TSXV: GST...
About this update from Goldstorm Metals Corp.
[{"type":"text","content":"Goldstorm Metals Prepares for Upcoming Drill Program at the Electrum Gold Project, Located in British ColumbiaVancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) (\"Goldstorm\" or \"the Company\") is pleased to report that planning is underway to conduct a diamond drilling program (the \"Program\") on its 100% owned Electrum gold property (the \"Property\"). The Property is located within the Golden Triangle region of British Columbia, directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers (km) to the north, and the past producing Silbak Premier mine, 25 km to the south. Click to view the location map.The upcoming Program at Electrum is anticipated to start at the beginning of August and will include 7 to 9 drill holes totaling approximately 3,000 meters (m). The Program will focus on historical high-grade intervals reported from previous drill programs by several different operators. In previous programs, several of the drill-tested targets returned high grade results, including 31.40 g/t gold and 19.0 g/t silver over 2.0 m and 440.8 g/t gold and 400.0 g/t silver over 0.52 m. Drilling will also target areas of gold-bearing surface samples collected by Goldstorm last year within 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 g/t silver. Click to view the Electrum drill areas.Ken Konkin P. Geo., President and CEO, adds: \"We are pleased to announce that reconnaissance targeting of high-priority drill targets has begun. Field crews are examining several areas to prioritize our most prospective precious and base metal targets in preparation for drilling. In addition, we will be installing a bridge to replace the temporary structure that was washed out by excessive run-off several years ago. Once the bridge is installed, we expect to mobilize our Stewart-based drilling equipment to the Electrum property via the Granduc road, which provides excellent access from Stewart. We look forward to starting the drill...