Northwire Canada EditionTuesday, August 4, 2026
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Drill Results

Goldstorm starts IP survey at Crown property

By The Northwire Desk — AI Analysis Aug 26, 2025 · 11:54 GSTM · 0.185 Goldstorm Metals Corp.
GSTM · Price

Executive Summary

  • Goldstorm Metals has started an induced‑polarization (IP) geophysical program on its 100 % owned Crown property in British Columbia.
  • The IP survey will target the Copernicus zone and other anomalies along the Orion spine, with completion expected by end‑August 2026; a magnetotelluric (MT) study will follow.
  • Initial rock‑chip, grab and saw‑cut channel sampling (165 samples) is complete, with assay results anticipated later in the month to aid drill target prioritization.

Key Details

  • Crown property covers ~16,000 ha adjacent to Seabridge Gold’s KSM project and Newmont’s Brucejack mine.
  • IP program will map 3.5 km of the gold‑in‑rock geochemical trend along the Orion spine and evaluate resistivity/conductivity and magnetic features for deeper intrusive‑related targets.
  • Survey aims to improve geological understanding ahead of preliminary exploration drilling on a 1.4‑km trend of the Copernicus zone.
  • Completion of IP survey targeted for end of August 2026; MT study by Simcoe Geoscience scheduled thereafter (referenced press release dated Aug 6, 2025).
  • First phase of rock channel sampling finished: 165 grab/rock‑chip/saw‑cut samples collected from freshly exposed outcrops on both east and west glacier flanks.
  • Assay methodology: fire assay with atomic absorption finish; >10 ppm Au samples fire assayed gravimetrically; multi‑element ICP‑MS digestion; silver/base‑metal overlimits re‑analyzed by emission spectrometry.
  • QA/QC performed at MSA Labs (ISO 17025 & ISO 9001 certified) in Terrace and Langley, B.C.; independent of Goldstorm Metals.
  • Results of geochemical analyses expected late April 2026, coinciding with the end of the IP program.

Notable Quotes

“We are pleased to announce that the geophysical phase of exploration on the Crown project has begun… The study is expected to greatly assist our team in prioritizing drill targets along the Orion spine.” – Ken Konkin, President & CEO

Materiality Assessment: Non‑Material – Positive (operational progress without immediate financial impact).

Read the original news release →

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