Goldstorm Metals Initiates 2025 Exploration Program Targeting the Copernicus Zone on the Crown Property, Located in the Golden Triangle of British Columbia
Goldstorm Metals Initiates 2025 Exploration
Program Targeting the Copernicus Zone on the
Crown Property, Located in the Golden
Triangle of British Columbia
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) -
Goldstorm Metals Corp.
(TSXV:
GSTM) (FSE: B2U)
("
Goldstorm
" or "
the Company
") is pleased to announce that, following a review
of its previous exploration programs and recent copper-gold-silver discoveries at the 100%-owned
Crown Property, geological and geophysical programs will be undertaken to advance exploration on the
Copernicus Zone. The Crown Property covers approximately 16,000 hectares situated adjacent and due
south of both Seabridge Gold Inc.'s KSM gold-copper project and Newmont's Brucejack gold mine.
See
below to view Crown Property location and concession map.
Crown Property Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9214/258047_b02d5462e4fc8b39_002full.jpg
Centered on the Crown Project within the Orion Concessions, the Copernicus Zone represents a high-
grade copper target with associated gold and silver mineralization. Goldstorm is currently analyzing
assay results from previous sampling programs on the Property, which could define drill-hole locations
for an inaugural diamond drilling program. The Company may initiate a drill program if favourable results
are obtained from a detailed geophysical study, which is to be undertaken over the length of the Orion
'Spine', a six-kilometer-long, highly silicified and altered, north-south trending ridgeline that hosts various
styles of mineralization. Geophysics will include detailed Magnetotelluric (MT) and Induced Polarization
(IP) ground surveys to identify magnetic anomalies, chargeability highs, and co-incident resistivity lows
that may be associated with mineralization.
To facilitate potential upcoming drilling on the Copernicus Zone, Goldstorm has completed the
construction of several drill pads targeting the north to northwest trending, shear-hosted, massive
chalcopyrite lenses that may represent mobilized metals from a deeper source within the Orion Spine.
Ken Konkin, P.Geo., President and CEO, comments: "Our technical team has done an excellent job of
compiling the data from the recent discoveries along the Orion Spine. We believe that the mineral
showings discovered by our reconnaissance crews over the past two years may be surficial
representations of a deeper, larger mineralized zone, similar to discoveries at the KSM and Treaty
Creek Au-Cu-Ag porphyry deposits located to the north. It is theorized that metal-rich fluids may have
been mobilized along high-angle reverse faults that acted as conduits for volatiles originating from
intrusive bodies at depth. The silicification, alteration and oxidation observed at surface is similar to that
seen associated with mineralized intrusives dispersed along the trend of the Sulphurets thrust fault to the
north, which is projected to extend south through the center of the Crown Property. The geophysical
surveys may help determine the best possible drill targets along the Orion Spine that potentially lie
beneath the Copernicus Zone. The detailed geophysical surveys will augment previously completed
reconnaissance scale surveys done in 2016."
2024 Crown Property Sampling Results
Extensive mapping and sampling programs in 2024 on the Crown Property included a total of 627
surface rock grab, chip and channel samples.
On the
Orion Concession
, crews delineated multiple
mineralized trends within volcaniclastic rocks at the Copernicus Zone, located along the upper Orion
Spine. Three structures trending to the north, and one trending to the northwest, have been identified
over 1,500 m of length. Mineralization located over 500 m to the north suggests that the zone may extend
under the Frank Mackie Glacier and is potentially a larger source of mineralization associated with an
anomalous magnetic high. At the Cat in the Hat Zone, also on Orion, gold-bearing veins trending
northeasterly within rhyolitic rocks have been discovered, extending into previously unsampled glacial
ablation zones. Click to view:
maps of the sampled areas on the Orion Concession and
Copernicus Zone
.
Sampling highlights from the Copernicus and Cat in the Hat Zones include:
Grab sample (C969903) returned
30.9 g/t gold and 42.39 g/t silver
from the Cat in the Hat Zone
1.9-meter continuous chip samples (C969719 and C969720) returned
2.53 g/t gold, 54.7 g/t
silver and 3.3% copper
located 290 meters south of the original Copernicus showing
1.0-meter chip sample (C970612) returned
8.76 g/t gold and 7.62 g/t silver
located 650 meters
south of the original Copernicus showing
16 samples taken within the Copernicus Zone returned greater than 1% copper, with one sample
(C969842) assaying
0.58 g/t gold, 625 g/t silver, and 6.57% copper
at the original Copernicus
showing
Mineralized samples were found to correlate with a magnetic high geophysical anomaly
Orion Concessions Sample Results
:
Click to view all Orion samples
Table 1: Select Rock Sample Results for the Orion Concession
Sample
Easting
UTM09
Northing
UTM09
Elev.
(m)
Sampled
From
Sample
Type
Width
(m)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%)
C969903
422305
6246054
1565
Outcrop
Grab
30.90
42.39
0.00
0.02
0.00
C969901
422288
6246046
1557
Outcrop
Grab
14.30
67.66
0.00
0.02
0.00
C969842
421734
6247798
1657
Outcrop
Grab
0.58
625.00
6.57
0.18
1.10
A0905084
421966
6247168
1616
Outcrop
Grab
10.40
3.67
0.11
0.00
0.00
C969902
422290
6246046
1558
Outcrop
Grab
10.00
15.36
0.01
0.00
0.00
C969695
421928
6247203
1609
Outcrop
Grab
9.64
8.90
0.01
0.00
0.00
C970612
421929
6247200
1559
Outcrop
Chip
1
8.76
7.62
0.01
0.00
0.01
C970675
422205
6246022
1488
Outcrop
Grab
7.44
11.11
0.03
0.00
0.00
C969760
421946
6247179
1605
Outcrop
Grab
6.89
10.32
0.13
0.00
0.00
A0839840
422314
6246089
1550
Outcrop
Chip
0.5
5.13
17.05
0.00
0.00
0.00
C969904
422321
6246067
1569
Outcrop
Grab
4.71
12.02
0.00
0.00
0.00
C969994
421733
6247659
1670
Outcrop
Grab
0.14
273.00
3.85
0.09
0.71
C969720
421678
6247516
1602
Outcrop
Chip
1
3.09
59.90
3.02
0.00
0.11
C970703
422178
6245942
1487
Outcrop
Chip
0.1
4.33
5.48
0.00
0.00
0.00
A0905091
421736
6247773
1706
Outcrop
Chip
0.15
0.62
153.00
5.22
0.03
0.22
C970619
421930
6247200
1559
Outcrop
Grab
2.34
93.46
0.03
0.08
0.03
A0839845
422219
6246032
1481
Outcrop
Chip
0.65
3.48
4.92
0.01
0.00
0.00
C969719
421677
6247516
1602
Outcrop
Chip
0.9
1.98
49.55
3.04
0.00
0.06
C970667
421969
6247095
1602
Outcrop
Grab
3.17
2.98
0.10
0.00
0.00
C969686
421726
6247421
1609
Outcrop
Grab
0.38
91.85
4.55
0.00
0.73
The Company has granted stock options to directors, officers, and consultants of the Company to
purchase an aggregate of 5,550,000 common shares in the capital of the Company at an exercise price
of $0.11 per share, which expire on July 8, 2030. Following this stock option grant, the Company has a
total of 10,050,000 stock options outstanding representing approximately 9.9% of the outstanding
common shares of the Company. This stock option grant is subject to acceptance by the TSX Venture
Exchange (the "Exchange").
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the
Company's President and CEO, Ken Konkin, P.Geo. He has read and approved the scientific and
technical information that forms the basis for the disclosure contained in this news release.
QA/QC
All samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA
Labs' Geochemical Laboratory in Langley, BC. Gold was assayed using a fire assay with atomic
absorption (AA) spectrometry finish. Samples over 10 ppm gold were fire assayed with gravimetric
finish. All samples were analyzed by four acid digestion with multi-element ICP-MS, with silver and base
metal over-limits being reanalyzed by emission spectrometry. MSA Laboratories quality system
complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is
independent of the Company.
About Goldstorm Metals
Goldstorm Metals Corp. is a precious and base metals exploration company with a large strategic land
position in the Golden Triangle of British Columbia, an area that hosts some of the largest and highest-
grade gold deposits in the world. Goldstorm's flagship projects, Crown and Electrum, cover an area that
totals 16,469 hectares over 6 concessions, of which 5 are contiguous.
The Crown Project is situated
directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation's
Brucejack/Valley of the Kings gold mine.
Electrum, also located in the Golden Triangle of BC, is situated
directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and
the past producing Silbak Premier mine, 20 kilometers to the south.
ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDSTORM METALS CORP.,
"
Ken Konkin
"
Ken Konkin
President and Chief Executive Officer
For further information, please visit the Company's website at
https://goldstormmetals.com/
or
contact:
Chris Curran
VP Investor Relations and Corporate Communications
Phone: (604) 559 8092
E-Mail:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Cautionary Statement Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking
information within the meaning of applicable Canadian securities laws. All statements in this news
release, other than statements of historical facts, including statements regarding future estimates,
plans, objectives, timing, assumptions or expectations of future performance, including without
limitation, the statement regarding the expectation that geologists are expected to complete a
compilation study this winter once all assay results are received. Such a statement is a forward-
looking statement and contains forward-looking information.
Generally, forward-looking statements and information can be identified by the use of forward-looking
terminology such as "intends" or "anticipates", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking
statements are based on certain material assumptions and analysis made by Goldstorm and the
opinions and estimates of management as of the date of this press release, including that geologists
will complete a compilation study this winter once all assay results are received.
These forward-looking statements are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements of Goldstorm
to be materially different from those expressed or implied by such forward-looking statements or
forward-looking information. Important factors that may cause actual results to vary, include, without
limitation that geologists will not complete a compilation study this winter or at all.
Although management of Goldstorm has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking statements or forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements and forward-looking
information. Readers are cautioned that reliance on such information may not be appropriate for other
purposes. Goldstorm does not undertake to update any forward-looking statement, forward-looking
information or financial out-look that are incorporated by reference herein, except in accordance with
applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/258047