Associated tags: Newcrest Mining, Golden Triangle, FSE, Electrum, Mining, TSX Venture Exchange, Security (finance), Gold, Acute and obtuse triangles
Locations: VANCOUVER, BRITISH COLUMBIA, MI, CANADA
Retrieved on:
Wednesday, January 24, 2024
OEX,
Hazelton Formation,
Anomaly,
Orion,
Arctic,
The,
Crown,
Attention,
Property,
QSP,
Triton,
Galileo Galilei,
Zinc,
Copper The Program at Fairweather and Delta focused on prospecting newly exposed outcrops due to recent glacial ablation and building upon the historical discoveries made on the Property.
Key Points:
- The Program at Fairweather and Delta focused on prospecting newly exposed outcrops due to recent glacial ablation and building upon the historical discoveries made on the Property.
- (See tables 1 and 2 below for select rock samples taken from the Fairweather and Delta zones).
- This zone can be traced approximately 500 east-west by 200 m north-south and remains open in all directions.
- Veining was associated with a large gossan colour anomaly measuring 600 x 200 m along a northwest axis.
Retrieved on:
Tuesday, December 19, 2023
Together with proceeds from the first tranche of the Offering, the Company raised an aggregate of $2,318,180 and issued an aggregate of 2,506,556 NFT Units and 9,335,000 flow-through units of the Company (the "FT Units") sold at a price of $0.20 per FT Unit.
Key Points:
- Together with proceeds from the first tranche of the Offering, the Company raised an aggregate of $2,318,180 and issued an aggregate of 2,506,556 NFT Units and 9,335,000 flow-through units of the Company (the "FT Units") sold at a price of $0.20 per FT Unit.
- Each NFT Unit consists of one common share of the Company and one half (½) of one common share purchase warrant (each whole warrant, a "Warrant").
- The net proceeds received from the sale of the NFT Units is expected to be used for general working capital purposes.
- No finder's fees, commissions, bonus or other compensation was paid in connection with the Second Tranche.
Retrieved on:
Friday, December 15, 2023
Each NFT Unit consists of one common share of the Company (each, a "NFT Share") and one half (½) of one common share purchase warrant (each whole warrant, a "Warrant").
Key Points:
- Each NFT Unit consists of one common share of the Company (each, a "NFT Share") and one half (½) of one common share purchase warrant (each whole warrant, a "Warrant").
- A total of 4,898,278 Warrants were issued under the Private Placement.
- In connection with the Offering, the Company issued 529,860 finder's warrants (the "Finder's Warrants") and paid commissions of $105,852 to certain finders.
- Certain insiders of the Company purchased an aggregate of 55,556 NFT Units under the Private Placement, constituting, to that extent, a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101").
Retrieved on:
Wednesday, November 29, 2023
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") announces that it intends to complete a non-brokered private placement of securities to raise total gross proceeds of up to $1.5 million (the "Offering").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") announces that it intends to complete a non-brokered private placement of securities to raise total gross proceeds of up to $1.5 million (the "Offering").
- Each NFT Unit will consist of one non-flow-through common share of the Company (each, a "NFT Share") and one half (½) of one common share purchase warrant (each whole warrant, a "Warrant").
- The exact number of NFT Units and FT Units sold will be determined at closing.
- All securities to be issued pursuant to the above referenced Offering will be subject to a statutory four-month hold period.
Retrieved on:
Monday, November 27, 2023
Copper,
Map,
Crown,
VMS,
Gold,
Zinc,
Cobalt,
FRA,
The,
Table,
Property,
Arctic,
Silver,
Orientation,
Typesetting During the 2023 exploration season Goldstorm exploration, geologists undertook a substantial reconnaissance program across various Crown Concessions.
Key Points:
- During the 2023 exploration season Goldstorm exploration, geologists undertook a substantial reconnaissance program across various Crown Concessions.
- This work was comprised of mapping and sampling with particular emphasis placed on several newly exposed outcrops revealed by recent glacial recession.
- Work completed on the Property included a total of 1,057 rock samples consisting of 7 channel saw-cut, 284 chip, and 766 grab samples.
- Results from other zones sampled within the Crown Project will be released once they are received and final interpretations are completed.
Retrieved on:
Tuesday, November 14, 2023
The Program at Electrum totaled 2,581 meters (m) in 11 drill holes that tested epithermal veins hosting precious and base-metal mineralization.
Key Points:
- The Program at Electrum totaled 2,581 meters (m) in 11 drill holes that tested epithermal veins hosting precious and base-metal mineralization.
- Further down hole, 1.50 m of 4.59 g/t Au, 234.00 g/t Ag, 0.39 % Pb, and 0.46% Zn was intersected in an epithermal vein.
- EZ-23-09: Intersected 1.50 m of 0.98 g/t Au and 46.79 g/t Ag at 100.50 m down hole, in an epithermal vein.
- EZ-23-10: Intersected 1.50 m of 0.19 g/t Au and 66.99 g/t Ag at 6.00 m down hole, in an epithermal vein.
Retrieved on:
Wednesday, October 4, 2023
Included in this release are the assay results from the first two drill holes.
Key Points:
- Included in this release are the assay results from the first two drill holes.
- The Program at Electrum totaled 2,581 meters (m) in 11 drill holes.
- Hole EL-23-01 contains significant gold mineralization with some anomalous silver at the bottom of the hole, while drill hole EL-23-02 ended in gold mineralization.
- EL-23-01: This hole targeted a broad, possible porphyry-related area of gold-silver mineralization, that had been observed in one historical drill hole.
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or "the Company") is pleased to report that a diamond drill program has commenced (the "Program") on its 100% owned Electrum gold and silver property (the "Property"), located within the Golden Triangle region of British Columbia.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or "the Company") is pleased to report that a diamond drill program has commenced (the "Program") on its 100% owned Electrum gold and silver property (the "Property"), located within the Golden Triangle region of British Columbia.
- The Program at Electrum will total approximately 3,000 meters (m) over 7 to 9 drill holes targeting high-grade gold and silver intervals reported from previous drill programs by other operators.
- Click to view the Electrum drill areas .
- Geo., President and CEO comments: "Our start-up operations at Electrum have gone very smoothly.
Newmont,
Acute and obtuse triangles,
Silver,
Property,
FSE,
Gold,
Granduc Mine,
Electrum,
Map,
Golden Triangle,
Mining Vancouver, 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").
Key Points:
- Vancouver, 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 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.
- Geo., President and CEO, adds: "We are pleased to announce that reconnaissance targeting of high-priority drill targets has begun.
Golden Triangle Regional Airport,
Gold Mountain,
Coeur Mining,
TSX Venture Exchange,
FSE,
Crown,
Consultant,
Northern Cordilleran Volcanic Province,
Electrum,
Golden Triangle,
Associate,
Silvertip,
Mining Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) (the "Company" or "Goldstorm") is pleased to announce the appointment of Mr. Jeff Rowe to the board of directors of the Company.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) (the "Company" or "Goldstorm") is pleased to announce the appointment of Mr. Jeff Rowe to the board of directors of the Company.
- Additionally, the Company announces that Mr. Sean Pownall has resigned as a director of Goldstorm but will remain involved serving the Company as a technical advisor.
- has specialized in mineral exploration for more than 40 years, focusing on precious and base metals, primarily in British Columbia, the Yukon, and Mexico.
- Goldstorm is also pleased to announce that it has engaged Ringler Consulting and Research GmbH (Carsten Ringler) as its Head of Investor Relations.
