Goldstorm and Perfect Storm resultsPerfect Storm results are interesting. The last hole reported to the Southwest was the strongest so far. I get the sense that it's a massive deposit and will take much more exploration down toward the Iron Cap boundary to find the highest grades. I continue to feel Iron Cap and Perfect Storm are connected in some way similar to Mitchell and Snowfield. The Iron Cap deposit ended suddently at the North Iron Cap Fault, and like Mitchell/Snowfield, there is now a large area of several km to the west showing shallow mineralization at Perfect Storm. That being the case it is easy to speculate that Perfect Storm will eventually prove out at similar size and grades to Mitchell, Snowfield and Iron Cap - each of those are in the 33 - 40 million oz. Au range if you include Inferred.
The other element of that speculation is the Brucejack and Sulphurets Thrust Fault intersection is also in the same area, so there is potential for an even greater surprise.
On the Goldstorm side, GS-21-113 is such a monster with high gold grades toward the suface and high copper grades at depth. They simply must go after that northeast area in a big way, since it could expand the size of Goldstorm significantly in the time they have remaining this year. The high gold grades are in the 300 horizon which could both expand the size and increase the grade of the open pit. My sense is that they will achieve the goal of converting Inferred to Measured for the open pit Au, which in my mind was the most important resource to target.
Do your own DD - GLTA - Doug