Storm Exploration Plans Drill Program to Test VMS Target at Gold Standard

About this update from Storm Exploration Inc

VANCOUVER, BC / ACCESS Newswire / May 4, 2026 / Storm Exploration Inc. (TSX-V:STRM) ("Storm" or the "Company") today announced its 2026 exploration plans for the Volcanogenic Massive Sulphide ("VMS") target on its 100% owned Gold Standard Project located 60km north of Fort Frances in Northwestern Ontario, Canada. Highlights2026 field program and drilling planned: Storm plans ground geophysics, mapping, prospecting and soil sampling, followed by 10 to 15 core holes totaling 2,000m to 3,000m.Large VMS target: Gold Standard hosts a 5km-long conductivity anomaly identified by Storm in airborne survey data and interpreted as a potential VMS system.Drill-Confirmed Massive Sulphide Mineralization: 4 holes drilled by Inco in 1969/1970 intersected significant sulphide mineralization, including Cu and Zn sulphides, over considerable lengths. All holes were less than 50m in length and no assays were completed.Gold-Copper Potential: Surface rock samples collected by Storm in 2022 near the HW-271 showing returned high-grade results, including up to 166 g/t Au, 197 g/t Ag and 1.47% Cu (see news release here)."Gold Standard combines all the elements explorers look for in an early-stage VMS target: a geophysical anomaly that is up to 100 metres wide and runs continuously for more than five kilometres, historical drilling along the length of the anomaly that encountered significant sulphide mineralization, including copper and zinc sulphides and finally, confirmed high-grade gold, silver and copper mineralization proximal to the anomaly" said Bruce Counts, President and CEO of Storm. "With ground electromagnetic surveys, soil sampling and drilling planned over the coming months, Storm is entering an exciting phase in the exploration process." VMS Target A VMS system is interpreted as the source of the 5km long conductivity anomaly identified in the 2022 Versatile Time Domain Electromagnetic ("VTEM") survey data (see news release here). This is supported by sulphide mineralization observed in drill core in four historical holes drilled by International Nickel Co. of Canada Limited ("the Inco holes") in 1969 and 1970. The historical holes were completed using a small-diameter drill and all were terminated at a depth of less than 50 metres. Two of the Inco holes encountered significant intervals of sulphide mineralization. Inco hole 428002 intersected a 21m interval of alter...

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