Vancouver, British Columbia--(Newsfile Corp. - July 15, 2026) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or "the Company") is pleased to report that a diamond drill program has commenced (the "Program") on its 100% owned Crown copper-gold-silver property (the "Property"), located within the Golden Triangle region of British Columbia. Crown is situated to the south of Newmont Corporation's Brucejack Mine and Seabridge Gold Inc.'s KSM Property, an area host to over 80 million ounces of gold and over 20 billion pounds of copper. Click to view the location maps.
The Phase 1 part of the Program is expected to consist of approximately 3,000 metres of diamond drilling and will begin with three drill holes focused on testing the Copernicus copper-gold geochemical trend, which overlies a 1.2-kilometre-long induced polarization ("IP") chargeability anomaly. Drill testing will also be undertaken at the recently discovered Delta West gold-mineralized zone, with a minimum of two drill holes targeting shear hosted gold and silver mineralization. Based on encouraging results from the Phase 1 drilling, the Company intends to proceed with a Phase 2 drill program totaling approximately 6,000 metres.
Ken Konkin P. Geo., President and CEO comments: "We are excited to commence the Company's first-ever drill program at the Crown Project. The initial phase will consist of three HQ- and NQ2-size drill holes targeting the Copernicus and Orion Spine porphyry targets (Figure 1). These holes will be drilled to depths of up to 800 metres to test the extent of the large IP chargeability anomalies. The widely spaced drill holes have been strategically designed to efficiently evaluate the strongest surface mineralization and coincident geophysical targets (Figure 2). In addition to the Orion Spine target, we plan to drill the Delta West Zone, located approximately 10 kilometres directly south of the Valley of the Kings Gold Deposit at the Brucejack Mine. Delta West was discovered by our reconnaissance team during the 2025 field season. A grab sample from a shear-hosted quartz vein containing fine-grained pyrite returned greater than 39 g/t gold and follow-up prospecting identified numerous sub-parallel mineralized structures across a 500 m by 800 m gossanous area, with multiple samples returning significant gold values.
The drill holes planned for this program have been designed to test priority targets generated through the integration of IP chargeability data, enhanced geophysical imaging, and detailed geological interpretations completed by our field crews. To further refine our geological model and drill targeting, our technical team also incorporated high-resolution WorldView-3 multispectral imagery acquired at the end of the 2025 field season. These images highlight alteration patterns and iron oxidation associated with various styles of mineralization and their related alteration mineral assemblages (Figure 3). Our comprehensive reinterpretation of the geophysical and geological datasets also provides additional support for the "Thrust Fault Model", which suggests that the thrust-associated mineral systems found at the Treaty Creek and KSM deposits may extend southward onto the Crown Property, as illustrated in the cross section shown in Figure 2."