/Storm Exploration Inc. recently acquired the 615-hectare Gold Standard project in northwestern Ontario. The project was initially acquired for its high-grade historic gold discoveries, but new geophysical measurements show the project could also be prospective for non-ferrous metals such as copper and zinc. An airborne magnetic and electromagnetic survey identified a large L-shaped conductivity anomaly in the northwest corner of the property, which has a strike length of more than five kilometers and occurs in host rocks commonly associated with volcanogenic massive sulphide mineralization. This is supported by copper and zinc mineralization encountered in historic drill holes. Bruce Counts, President & CEO of Storm Exploration, commented on the development, “This is an exciting development at Gold Standard. The size of the conductivity anomaly combined with the presence of chalcopyrite and sphalerite in historic drill holes suggests that this may be a significant non-ferrous VMS system.” The conductivity anomaly is accessible via existing forest roads, making its evaluation simple and inexpensive. Geologically, the anomaly lies along an obvious fold adjacent to the Manitou Straits regional shear zone, which hosts gold-bearing quartz veins that were mined between 1901 and 1903. Storm is already negotiating a Memorandum of Understanding with the Naicatchewenin and Nigigoonsiminikaaning First Nation to support mineral exploration at Gold Standard. Once the snow in the area has melted, Storm plans to take grab samples at the site and prepare for drilling, which is expected to begin in Q3/2023.
Storm Exploration Inc. has acquired the Gold Standard project in northwestern Ontario for its high-grade historic gold discoveries. Recent geophysical measurements suggest that the project could also be prospective for non-ferrous metals such as copper and zinc. An airborne magnetic and electromagnetic survey identified a large L-shaped conductivity anomaly in the northwest corner of the property, which has a strike length of more than five kilometers and occurs in host rocks commonly associated with volcanogenic massive sulphide mineralization. This is supported by copper and zinc mineralization encountered in historic drill holes. Bruce Counts, President & CEO of Storm Exploration, commented on the development, “This is an exciting development at Gold Standard. The size of the conductivity anomaly combined with the presence of chalcopyrite and sphalerite in historic drill holes suggests that this may be a significant non-ferrous VMS system.” The conductivity anomaly is accessible via existing forest roads, making its evaluation simple and inexpensive. The anomaly lies along an obvious fold adjacent to the Manitou Straits regional shear zone, which hosts gold-bearing quartz veins that were mined between 1901 and 1903. Storm is negotiating a Memorandum of Understanding with the Naicatchewenin and Nigigoonsiminikaaning First Nation to support mineral exploration at Gold Standard. Once the snow in the area has melted, Storm plans to take grab samples at the site and prepare for drilling, which is expected to begin in Q3/2023.
Storm Exploration Inc. has acquired the Gold Standard project in northwestern Ontario for its high-grade historic gold discoveries. Recently, a large L-shaped conductivity anomaly was identified in the northwest corner of the property, which has a strike length of more than five kilometers and occurs in host rocks commonly associated with volcanogenic massive sulphide mineralization. This is supported by copper and zinc mineralization encountered in historic drill holes. The conductivity anomaly is accessible via existing forest roads, making its evaluation simple and inexpensive. The anomaly lies along an obvious fold adjacent to the Manitou Straits regional shear zone, which hosts gold-bearing quartz veins that were mined between 1901 and 1903. Storm is currently negotiating a Memorandum of Understanding with the Naicatchewenin and Nigigoonsiminikaaning First Nation to support mineral exploration at Gold Standard. Once the snow in the area has melted, Storm plans to take grab samples at the site and prepare for drilling, which is expected to begin in Q3/2023.
Storm Exploration Inc. has recently acquired the Gold Standard project in northwestern Ontario for its high-grade historic gold discoveries. However, new geophysical measurements suggest that the project could also be prospective for non-ferrous metals such as copper and zinc. An airborne magnetic and electromagnetic survey identified a large L-shaped conductivity anomaly in the northwest corner of the property, which has a strike length of more than five kilometers and occurs in host rocks commonly associated with volcanogenic massive sulphide mineralization. This is supported by copper and zinc mineralization encountered in historic drill holes. The conductivity anomaly is accessible via existing forest roads, making its evaluation simple and inexpensive. Storm is negotiating a Memorandum of Understanding with the Naicatchewenin and Nigigoonsiminikaaning First Nation to support mineral exploration at Gold Standard. Once the snow in the area has melted, Storm plans to take grab samples at the site and prepare for drilling, which is expected to begin in Q3/2023. Storm Exploration Inc.’s President & CEO Bruce Counts commented on the development, “This is an exciting development at Gold Standard. The size of the conductivity anomaly combined with the presence of chalcopyrite and sphalerite in historic drill holes suggests that this may be a significant non-ferrous VMS system.” With the potential of the project and the access to existing forest roads, Storm Exploration Inc. is hopeful to bring the project to a successful end in the near future.
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