Goldstorm Metals Corp. is advancing its exploration initiatives at the Crown and Electrum properties, both wholly owned by the company. These properties cover over 16,000 hectares adjacent to major mining projects, including Seabridge Gold’s KSM and Newmont’s Brucejack Mine, located in the well-known Golden Triangle of British Columbia.
The company has recently completed comprehensive geophysical and rock geochemical surveys at the Crown site, revealing intriguing findings. This exploration phase employed Induced Polarization (IP) and Magnetotelluric (MT) surveys, focusing on the Copernicus Zone and examining geochemical anomalies along the Orion Spine.
Insights from the Crown Property surveys
During the survey operations at the Crown Property, geological teams executed a detailed rock geochemical program, collecting a total of 657 samples, including random and select grabs, chip, and channel samples. Preliminary results from this extensive sampling have been highlighted in the company’s recent announcements.
Geophysical survey findings
Ken Konkin, President and CEO of Goldstorm, expressed enthusiasm regarding the promising outcomes of the geophysical surveys. He noted that the IP survey identified a significant conductivity-resistivity anomaly beneath the Orion Spine, particularly within the Copernicus Zone. This anomaly is located between depths of 300 and 500 meters, extending over 1.2 kilometers in a north-south orientation, with a width exceeding one kilometer.
The identified IP anomaly coincides with various showings of gold, copper, and silver along the Orion Spine. Additionally, several new zones of mineralization, characterized by surficial fracture control, were discovered on the eastern side of the Orion Spine. These may potentially originate from a deeper, intrusive-related source, indicating significant geological potential for further exploration.
Drilling operations at the Electrum Property
Meanwhile, drilling activities at the Electrum Property are proceeding efficiently and within budget. To date, the team has successfully drilled four holes, with two more planned before the exploration season concludes. This systematic approach underscores the company’s commitment to thorough exploration and timely reporting.
Future updates on drilling
Goldstorm Metals is dedicated to keeping stakeholders informed about the progress of the drilling program at the Electrum Property. Further updates are expected as the exploration season comes to a close, providing additional insights into the findings from this drilling campaign.
As the results from the MT survey are compiled alongside 2016 data, the company plans to release comprehensive findings in the near future. These results will enhance the understanding of the geological landscape and assist in strategic planning for upcoming exploration activities.
To visualize the findings, maps showcasing the rock geochemical anomalies of gold, silver, and copper overlaid on the IP geophysical results for the Copernicus Zone will be made available.
The company’s focus on quality and accuracy is evident in its rigorous sampling processes. All samples were prepared at MSA Labs in Terrace, British Columbia, with assays conducted at their facility in Langley. The methodology included fire assays for gold and multi-element analysis via four-acid digestion, ensuring compliance with international standards.
Understanding Goldstorm Metals
The company has recently completed comprehensive geophysical and rock geochemical surveys at the Crown site, revealing intriguing findings. This exploration phase employed Induced Polarization (IP) and Magnetotelluric (MT) surveys, focusing on the Copernicus Zone and examining geochemical anomalies along the Orion Spine.0
The company has recently completed comprehensive geophysical and rock geochemical surveys at the Crown site, revealing intriguing findings. This exploration phase employed Induced Polarization (IP) and Magnetotelluric (MT) surveys, focusing on the Copernicus Zone and examining geochemical anomalies along the Orion Spine.1
The company has recently completed comprehensive geophysical and rock geochemical surveys at the Crown site, revealing intriguing findings. This exploration phase employed Induced Polarization (IP) and Magnetotelluric (MT) surveys, focusing on the Copernicus Zone and examining geochemical anomalies along the Orion Spine.2