Announcement • Jul 18

Goldstorm Metals Commences Phase 1 Drill Program At The Crown Project In British Columbia

Goldstorm Metals Corp. reported that a diamond drill program has commenced on its 100% owned Crown copper-gold-silver property, located within the Golden Triangle region of British Columbia. 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 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. The initial phase will consist of three HQ- and NQ2-size drill holes targeting the Copernicus and Orion Spine porphyry targets. 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. In addition to the Orion Spine target, the company plans 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 the 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 field crews. To further refine the geological model and drill targeting, the 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. The 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. In addition to drilling activities, Goldstorm plans to further expand the Delta West discovery through continued prospecting, geological mapping, and sampling programs targeting multiple parallel, high-grade, gold-bearing, shear-hosted veins. The Company also intends to conduct prospecting, mapping and sampling programs across the Electrum, Fairweather and Delta claims, in areas that have returned high-grade gold and ultra-high-grade silver values from historical prospecting and sampling programs. All samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Gold was assayed using a fire assay with atomic absorption spectrometry finish. Samples over 10 ppm gold were fire assayed with gravimetric finish. All samples were analyzed by four acid digestion with multi-element ICP-MS, with silver and base metal over-limits being reanalyzed by emission spectrometry. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.

Goldstorm Metals Corp. Stock Price

GSTM Share Price Performance

GSTM Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

Goldstorm Metals Corp. Key Details

About GSTM

Recent GSTM News & Updates

Goldstorm Metals Corp., Annual General Meeting, Oct 27, 2026

Goldstorm Metals (CVE:GSTM) Is In A Good Position To Deliver On Growth Plans

Goldstorm Metals Commences Phase 1 Drill Program At The Crown Project In British Columbia

Recent updates

Goldstorm Metals Corp. Competitors

Defiance Silver

E3 Lithium

ESGold

HPQ Silicon