Silverstorm Metals Corp.(TSXV:SVRS)

Golden Tag Resources Ltd.

Investor website: https://www.silverstorm.ca/

About

Golden Tag Resources Ltd. is a mining company focused on the exploration and development of silver projects in Mexico, particularly the San Diego Project located in Durango. The company aims to enhance its geological understanding and expand its drilling programs to increase mineralization and resource estimates.

Verified company data

Cash position
~$31 M
Shares outstanding
766.7 M
Fully diluted shares
1,045.8 M
Mineral resource
not discovered
Projects
["Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce further drill results from its Phase 1 diamond drilling program at the Company’s 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. Results from the 23 holes (3,039 metres (“m”)) contained within this release are from the Rosarios and C340 Zones in the Rosarios mine. Key highlights include: Numerous high-grade intercepts were encountered within the Rosarios Mine underneath and in proximity to previous mined stopes. The current drill results, when combined with historical holes drilled by FM, are expected to have a positive impact on future Mineral Resources. - In Central Rosarios, hole RO-24-015 returned 598 g/t Ag.Eq1 over 3.91 m including 1,170 g/t Ag.Eq over 0.50 m and 1,071 g/t Ag.Eq over 1.35 m, RO-24-014 returned 431 g/t Ag.Eq over 0.69 m and 285 g/t Ag.Eq over 1.02 m, hole RO-24-020 returned 300 g/t Ag.Eq over 1.87 m including 588 g/t Ag.Eq over 0.46 m, hole RO-24-018 returned 928 g/t Ag.Eq over 0.50 m, and hole RO-24-017 that returned 225 g/t Ag.Eq over 1.48 m. - Seven drill holes in this area encountered high-grade mineralization outside the current resource envelope - In Western Rosarios, hole RO-24-001 returned 283 g/t Ag.Eq over 3.84 m, including 542 g/t Ag.Eq over 1.19 m and 868 g/t Ag.Eq over 0.39 m, hole RO-24-022A returned 900 g/t Ag.Eq over 0.97 m within a broader interval of 682 g/t Ag.Eq over 1.47 m, and hole RO-24-003 intersected 450 g/t Ag.Eq over 0.30 m. - High-grade mineralization extends the zone 135 m downdip from the last mined stope in the area, demonstrating potential of extending the zone further downdip and to the west - In Eastern Rosarios, hole RO-24-012 returned 338 g/t Ag.Eq over 1.97 m within a broader interval of 187 g/t Ag.Eq over 4.54 m - Extended the zone approximately 95 m downdip from the last mined stope in this area - A new mineralized zone was identified in Eastern Rosarios with hole RO-24-007 returning 605 g/t Ag.Eq over 0.31 m and RO-24-009 returning several intercepts the most notable being 889 g/t Ag.Eq over 0.44 m and 468 g/t Ag.Eq over 0.44 m.","Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce that it has secured permits for the construction of 62 drill pads and 27 access roads at the Company’s 100%-owned past-producing La Parrilla Silver Mine Complex (“La Parrilla”) in Durango State, Mexico. The permits were issued by the Mexican federal authority, Secretaria de Medio Ambiente y Recursos Naturales (“SEMARNAT”), and are valid for a period of 4 years. Greg McKenzie, President and CEO, stated, “Securing the permits to conduct surface drilling is an important milestone for our 2026 exploration program at La Parrilla. With multiple promising surface exploration targets on the La Parrilla land package, we are excited about the potential to grow the resource footprint on the property.” The permits authorize Silver Storm to construct surface drill pads and access roads to carry out drilling on 24 sites at the La Ilusion – Argenis target, as well as 32 sites at the 14 Marcos and Rosarios – C340 West Extension (“C340”) targets. An initial exploration plan has been developed for the C340 and 14 Marcos targets: - At the C340 target, Silver Storm has two objectives: a) upgrading the Inferred Resources at the past-producing Rosarios mine to the Indicated category; and b) growing the resources by extending the known mineralization to the west. In addition, the Company is planning to test the high-grade mineralization in the upper levels of the C193 zone. Approximately 3,600 metres (m) of surface drilling are currently planned in the target area. - At the 14 Marcos target, historical artisanal mining was carried out on two levels to a depth of approximately 100 m. The expected down-dip projection of the vein mined by artisanal miners lies approximately 140 m south of mine development within the Rosarios mine. Silver Storm will conduct initial 3,000 m of surface drilling to test the mineralization at the 14 Marcos target to a depth of 300 m.","Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce drill results from the diamond drilling program at the Company’s 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) located in Durango State, Mexico. Drill results in this release are from the C550 and C535 Zones within the past-producing Quebradillas mine. Key highlights include: C550 Zone - Hole IDP-QB-26-042 returned 160 g/t Ag.Eq(1,2) over 3.55 metres (“m”) (ETW(3) 2.5 m) and 165 g/t Ag.Eq over 1.90 m (ETW 1.2 m). - Hole EDP-QB-26-004 returned 1,226 g/t Ag.Eq over 0.30 m (ETW 0.2 m) and 144 g/t Ag.Eq over 2.50 m (ETW 2.0 m). - Hole IDP-QB-26-013 returned 167 g/t Ag.Eq over 1.80 m (ETW 1.0 m) and 622 g/t Ag.Eq over 0.70 m (ETW 0.4 m). - Hole IDP-QB-26-020 returned 195 g/t Ag.Eq over 1.66 m (ETW 1.7 m) and 331 g/t Ag.Eq over 2.95 m (ETW 2.9 m). - These drill results are consistent with historical channel sample results from the four mined levels within the C550 Zone. On average, the channel sample widths varied from 1.0 m to 2.4 m, while grades varied between 182 g/t to 309 g/t Ag.Eq. - The infill and exploration drill results at the C550 Zone demonstrated the potential to extend the Indicated Resources by 75 m along strike and 90 m at depth, while the Inferred Resources could potentially be extended by 50 m at depth. C535 Zone - Hole IDP-QB-26-021 returned 441 g/t Ag.Eq over 21.72 m (ETW 3.8 m), including 771 g/t Ag.Eq over 9.27 m (ETW 1.6 m). - Hole IDP-QB-26-041 returned 513 g/t Ag.Eq over 2.00 m (ETW 1.3 m) 45 m down-dip from hole IDP-QB-26-021. Greg McKenzie, President and CEO, commented: “We are pleased with the infill and exploration drill results at the C550 Zone that demonstrated the potential to grow the La Parrilla Mineral Resource. At the C535 Zone, drilling returned high-grade intercepts that support our plan to conduct further exploration work in the near term. Given the success of the 2026 La Parrilla drill campaign to date, the initial 6,000 m campaign will be expanded with additional 9,000 m of drilling.","Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce drill results from the diamond drilling program at the Company’s 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) located in Durango, Mexico. Results from the holes (910 metres (“m”)) contained within this release are from the San Nicolas Zone (“San Nicolas”) within the past-producing Quebradillas mine. Key highlights include: - Hole IDP-SN-26-001 returned 473 g/t Ag.Eq over 3.60 m, including 740 g/t Ag.Eq over 1.65 m and 527 g/t Ag.Eq over 0.90 m. - Hole IDP-SN-26-001, combined with previously drilled holes, confirmed the presence of a high-grade block of mineralization extending at least 90 m above the last mined stopes at San Nicolas along a minimum strike length of 45 m. - Hole IDP-SN-26-003 returned 137 g/t Ag.Eq over 11.95 m, including 320 g/t Ag.Eq over 2.75 m and 507 g/t Ag.Eq over 0.90 m. - Hole IDP-SN-26-004 returned 420 g/t Ag.Eq over 0.40 m. - Hole IDP-SN-26-005 returned 275 g/t Ag.Eq over 1.05 m. - Hole EDP-SN-26-001 returned 149 g/t Ag.Eq over 8.45 m, including 285 g/t Ag.Eq over 3.50 m. - Hole EDP-SN-26-002 returned 183 g/t Ag.Eq over 3.20 m, including 299 g/t Ag.Eq over 1.35 m. - Hole EDP-SN-26-003 returned 137 g/t Ag.Eq over 1.10 m and 131 g/t Ag.Eq over 1.30 m. - Holes IDP-SN-26-003 to 005 and EDP-SN-26-001 to 003, combined with the holes drilled as part of previous drilling programs conducted by the Company, have the potential to extend the Indicated and Inferred Resources at depth by additional 70 m and 45 m, respectively. Greg McKenzie, President and CEO, commented: “We are pleased with the exploration and infill drilling results at San Nicolas. Hole IDP-SN-26-001 has confirmed the presence of a high-grade block of mineralization extending 90 m above the last mined stopes, while holes IDP-SN-26-003 to 005 and EDP-SN-26-001 to 003 have confirmed the extension of the zone more than 85 m at depth below the last mined stopes. These drill results have the potential to contribute towards expanding the La Parrilla Mineral Resource at the San Nicolas Zone which remains open at depth."]
Leadership
Greg McKenzie Mr. McKenzie (JD, MBA) is a former senior investment banker with more than 20 years of experience in financing, M&A, financial advisory, valuation, and strategic advice to mid-cap companies. Mr. McKenzie has held positions with Morgan Stanley, CIBC World Markets and Haywood Securities, and has been involved in transactions valued in excess of $18 billion. In addition to his capital market experience Mr. McKenzie previously practiced corporate law with a leading Canadian securities and M&A law firm. Director, President and CEO Fernando Ragone Mr. Ragone joined the Company with over 28 years of experience in the finance and mining industries. Most recently, he served as Senior Vice President and Chief Financial Officer at Wesdome Gold Mines Ltd. Mr. Ragone also served as Chief Financial Officer at Baffinland Iron Mines Corporation and the North American Zinc division of Glencore and held senior positions at First Majestic Silver Corp. and Primero Mining Corp. Chief Financial Officer Will Ansley With over 20 years of experience Mr. Ansley has been involved with the development and construction of seven mines in the Americas, including six mines in Ontario; Mr. Ansley was the Director of Business Development for FNX Mining Company Inc. and the Vice President of Corporate Planning & Strategy for Lake Shore Gold Corp., and was the Chief Operating Officer of Mineral Streams Inc. where he helped orchestrate its successful sale to AuRico Metals Inc. in 2015. Chief Operating Officer Dwayne Melrose Director West Kelowna, BC Tom English Director Toronto, Ontario Talal Chehab Director Toronto, Ontario

Verified data last updated: 2026-06-29

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