Aug. 12, 2010 (TheNewswire.ca) --
Windstorm Resources Inc. (TSX-V: WSR, "Windstorm") is pleased to announce the commencement of drilling at its road-accessible, 21,883 ha Kalum gold-silver project, located approximately 35 kilometres northwest of Terrace, British Columbia in the Skeena Mining Division. Work in 2009, funded by Windstorm, resulted in a new discovery of high grade vein mineralization that assayed, from a grab sample, 983 g/t (28.667 oz/t) gold and 495 g/t (14.44 oz/t) silver within an area of strongly anomalous soil results. This new discovery will be the focus of Windstorm's 2010 exploration program.
The work program will include prospecting, mapping and sampling in the area of the new high grade showing discovered during Windstorm's 2009 exploration program, followed by a minimum of 400 m of drilling. The showings on the Kalum property are high-grade gold occurrences associated with a Cretaceous-aged intrusion that has cut sedimentary and volcanic rocks of the Jurassic to Cretaceous aged Bowser Lake sediments.
The original Kalum gold discovery was first prospected in 1919. Since then, eight additional BC Minfile occurrences have been discovered and explored by numerous exploration companies. In 2003, Eagle Plains was the first company to put all the known showings into a single property package. Since that time, over $1.9 million has been spent exploring the property. This work has included the first systematic mapping and exploration over the entire property and has resulted in the discovery of a number of new gold-silver (OOTC:NEGWF) showings.
Windstorm has the right to earn up to a 60% interest in the Kalum Property from Eagle Plains Resources Ltd. (TSXV:EPL) (TSX-V: EPL, "Eagle Plains") by completing $3,000,000 in exploration, making $400,000 in payments, and issuing 500,000 shares to Eagle Plains over four years. Windstorm then has the option to increase its interest to 75% by producing a preliminary feasibility study by December 31, 2016.
About Windstorm Resources
Windstorm Resources is a new company focused on precious metals exploration in North America, led by an industry-renowned management team with technical expertise and market experience. Windstorm's Kalum project is highly prospective for the discovery of gold-silver epithermal vein-type deposits. Management will continue to evaluate quality drill-ready prospects aiming to build an attractive portfolio of gold and silver projects offering multiple opportunities for discovery success. Windstorm is a member of the Grosso Group, a management company specializing in resource exploration for over 17 years.
This news release has been reviewed and approved by C.C Downie, P.Geo., hereby designated as a "Qualified Person" under National Instrument 43-101.
ON BEHALF OF THE BOARD
"Sean Hurd"
__________________________
Mr. Sean Hurd, President & CEO
For further information, please contact:
Sean Hurd or Corporate Communications at 604-687-1828 or 1-800-901-0058
info@windstormresources.com
www.windstormresources.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
2010
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