Gold Storm Metals Company. (TSXV: gstm) (FSE: B2U) (“Goldstorm” or the “Company”) is pleased to announce that the Company has engaged Fathom Geophysics to conduct an independent review of the 2025 geophysical program results, including induced polarization (IP) and magnetic (MT) surveys completed over the Copernicus area of the 100% owned Crown Property (the “Property”).
The Copernicus Block hosts very promising drill targets in an area approximately 1.2 km north-south and 800 meters east-west, centrally located on the approximately 16,000 hectare Crown Property. The property is strategically located in British Columbia’s Golden Triangle, just south of KSM’s Seabridge Gold Project and Newmont’s Brucejack Mine. Click to view: Crown location map.
Daniel Corr of Understanding Geophysics He commented on the results of his analysis: “Geophysical data at Copernicus indicate that the area has potential for porphyry copper mining. The area hosts a 700m x 400m chargeability anomaly in relatively resistant rocks on the three westernmost lines, and the anomaly remains open to the west. Magnetic data indicate that the area is structurally complex at the intersection of northwest and NE-trending features. IP results indicate a possible buried intrusion on the western side of the IP survey and a chargeability anomaly of 500 m on the easternmost line, which coincides with a magnetic structure, indicates the possibility of a second system.
Ken Conkin, P.Geo., President and CEO, said: “We are pleased to announce the first of five drill holes proposed for Phase 1 of the Crown project. We plan to launch the first set of three HQ and NQ2 drill holes targeting the Copernicus and Orion Spine Porphyry targets as our top priority (see Figure 1). The holes may be drilled to depths of up to 800 meters to test the extent of IP chargeability anomalies, and will be widely spaced in order to quickly track the stronger-looking mineralized zones (see Figure 2) in addition to drilling at Orion Spine, we plan to drill the Delta West target, which was discovered by our reconnaissance crew last season, where a grab sample produced in excess of 39 g/t gold from a hosted quartz vein containing fine grained pyrite. Also, samples taken from several near-parallel structures located over a 500m x 800m geosynthetic area showed significant gold values. All proposed drill holes are plotted on various types of enhanced images highlighting the potential for IP load. and geological interpretations completed by our field crews We used high-resolution multispectral WorldView-3 images acquired at the end of the 2025 field season showing different types of alteration and iron oxidation associated with different styles of mineralization and associated alteration combinations (Figure 3). With the help of drill targeting, the reinterpretation of all geophysical data also supports a ‘thrust fault model’ extending southward beyond the Treaty Creek and KSM deposits as shown in the cross section below (Figure 2).
Figure 1. Plan map – drilling targets in the Copernicus area and the western delta
Figure 2. Cross section – planned drill holes of the Copernicus area
Mr. Konkin continued“We thank Mr. Daniel Core for the comprehensive and detailed ‘Next Level’ analysis of the magnetic and IP data we collected. His interpretation of the historical magnetic data has enhanced our understanding of the structural complexity of this portion of the Crown claims. The added information has allowed our technical team to plan drill hole directions and depths that will adequately test each intended target. We expect to drill approximately 3,000 meters in the first five holes of our Phase 1 program. Depending on the results of preliminary work, the Phase 2 program may include up to 6,000 meters Additional drilling.
Figure 3. Plan map – Copernicus and Delta West drilling targets and multispectral SWIR images
Finally, I am especially pleased to welcome the addition of well-known and respected geologist Joel Ashburner to our team at Goldstrom. I had the good fortune to work with Joel for several years on Brusjak Lake during the discovery of the Valley of the Kings deposit. We will benefit from his extensive and intimate knowledge and expertise in the geology and mineralization throughout the Golden Triangle. Today our geological team is much stronger! “
Appointment of Joel Ashburner
Goldstorm Metals is pleased to announce the appointment of Joel Ashburner to the position of Chief Geologist. Mr. Ashburner has over 15 years of experience in the mineral exploration industry and has worked throughout the full project life cycle, from grassroots target identification, through advanced exploration, to mine operation. In more recent roles, he led multi-disciplinary teams focused on mine outskirts and brownfield exploration at the Brucejack Project in northwestern British Columbia, contributing to significant resource growth and mine life extension. Earlier in his career, he was part of the team responsible for the discovery of the Valley of the Kings deposits and later played a key role in the discovery and demarcation of the Golden Marmot deposit. He was also instrumental in the discovery and development of new resources at Brosjak, adding more than 4 million ounces of gold to the mineral resource. Mr. Ashburner’s experience spans projects across British Columbia, Yukon, Ontario and Australia.
Qualified person
The qualifying person for this press release for purposes of National Instrument 43-101 is the Company’s President and CEO, Ken Conkin, P.Geo. He has read and agrees to the scientific and technical information that forms the basis of the disclosure contained in this press release.
Quality assurance/quality control
All samples were prepared at the MSA Labs preparation laboratory in Terrace, British Columbia and examined at the MSA Labs geochemistry laboratory in Langley, British Columbia. The gold was evaluated using a fire test with an atomic absorption spectrometer (AA) finish. Samples containing more than 10 ppm gold were fire tested with a gravimetric finish. All samples were analyzed by four acid digestions using multi-element ICP-MS, with excess limits for silver and base metals reanalyzed by emission spectrometry. The quality system of MSA laboratories complies with the requirements of international standards ISO 17025 and ISO 9001. MSA laboratories are independent of the company.
About Goldstrom Metals
Goldstorm Metals Corp is a precious and base metals exploration company with a major strategic location in British Columbia’s Golden Triangle, an area that hosts some of the largest and finest gold deposits in the world. Goldstorm’s two flagship projects, Crown and Electrum, cover a total area of 16,469 hectares across 6 concession areas, of which 5 are contiguous. The Crown Project is located immediately south of Seabridge Gold’s copper and gold deposits at KSM and Newmont Corporation’s Brucejack/Valley of the Kings gold mine. Electrum is also located in British Columbia’s Golden Triangle, sandwiched directly between Newmont’s Prosjack mine, about 20 kilometers to the north, and the former producing Selpak Premier mine, 20 kilometers to the south.
On behalf of the Board of Directors
Gold Storm Metals Company
“Ken Konkin“
Ken Konkin
President and CEO
For more information, please visit the company’s website at https://goldstormmetals.com/ Or call:
Chris Curran
Vice President of Investor Relations and Corporate Communications
Phone: (604) 559-8092
Email: (email protected)
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Cautionary statement regarding forward-looking statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this press release, other than statements of historical fact, include statements regarding future estimates, plans, objectives, timing, assumptions or projections of future performance, including, without limitation, the statement regarding the expectation that geologists are expected to complete a synthesis study this winter once all test results are received. Such a statement is a forward-looking statement and contains forward-looking information.
Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends,” “expects,” or variations of such words and phrases or statements that certain actions, events or results “may,” “could,” “should,” “will,” or “occur.” Forward-looking statements are based on certain assumptions and physical analyzes conducted by Goldstorm and the opinions and estimates of management as of the date of this press release, including that geologists will complete a synthesis study this winter once all test results are received.
These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Goldstorm to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. An important factor that could cause actual results to differ is, but is not limited to, the fact that geologists will not be completing a synopsis study this winter or at all.
Although Goldstorm’s management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Such statements cannot be guaranteed to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on this information may not be appropriate for other purposes. Goldstorm undertakes no obligation to update any forward-looking statement, forward-looking information or financial projections incorporated by reference herein, except in accordance with applicable securities laws.
