Model UpdateAfter updating my Goldstorm model to include the stepout holes this year I can guestimate the following:
1 - If the remaining planned Phase I 2022 drilling results equal or exceed the existing average grades and widths for Goldstorm as a whole, there are approximately 42.13 million oz. of AuEq within the new 2022 Goldstorm footprint, in all categories.
2 - My 2022 total adjusted Goldstorm footprint is now approximately 1.529 square km. If infill drilling covers that entire footprint at the average Goldstorm grades and widths, there are approximately 49.94 million oz. AuEq within the current footprint, in all cateogires. Any further expansion in the footprint increases the estimate.
3 - My original estimate of 52 million oz. AuEq by the end of drilling in 2025 has now been brought forward by one year to the end of 2024. This assumes at least 30,000m of drilling each year. This is for all of Treaty Creek, not just Goldstorm, although further stepouts to the northeast of Goldstorm could hit that number without any incremental ounces from Eureka, CBS, or PSZ. Route 66 could also be a factor.
For example, another 378m of stepout between holes GS-21-113W2 and GS-22-134 would get the job done. Another example would be 80 meters of stepout beyond Section D across the entire width of the current footprint (maybe call this Section E).
Do your own DD. GLTA. Doug