(Kitco News) Goldstorm Metals (TSXV: GSTM) is preparing a 3,000-meter drill campaign in British Columbia’s Golden Triangle as it tests a large copper-gold-silver target along the same regional corridor that hosts KSM, Treaty Creek, and Brucejack.
Speaking with Kitco Mining’s Investment Trends, President and CEO Ken Konkin said the company plans to drill a 1.2-kilometer induced polarization chargeability anomaly on the Orion Spine. “A large 1 billion ton target is the goal,” he said.
The first phase is designed as a wide-spaced test to determine whether the chargeability anomaly reflects a mineralized source at depth consistent with a porphyry-style system. Konkin defined success as intercepting “0.3% copper, say a gram gold over hundreds of meters,” and added that “you’re never right on the first group of holes,” describing early drilling as a process of gathering data and vectoring toward the center of the system.
Konkin also cited historic drilling along trend as context for the mineralized corridor. He said a hole drilled in 2012 near the company’s northern boundary returned “222 meters of 0.9 gold.”
Drilling is expected to begin after July 15 due to seasonal wildlife requirements and continue through July, August, and September, with the company entering the program with over $1 million in treasury.
Beyond the deeper target, Konkin highlighted higher-grade gold-silver upside at Delta West. “The highest grade on surface was 39.9 grams,” he said, adding that the area includes multiple parallel structures with five- to eight-gram gold values in limited sampling.
Konkin also emphasized silver’s role in the district. “This is truly a silver belt as much as it is a gold belt,” he said. On jurisdiction, he described the Golden Triangle as “a very safe geopolitical arena to be in,” and pointed to infrastructure developed in the region, including the power line built to support the Brucejack area, as part of what can lower barriers for future development.
The summer program will determine whether Goldstorm advances to a larger follow-up campaign later in the season. For now, the company is focused on testing whether the Orion Spine anomaly represents the type of copper-gold system that can underpin a bulk-tonnage discovery.
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