Goldstorm Outlines 2026 Strategy to Advance Gold, Silver and Copper Targets at Its 100%-Owned Crown Property
Rhea-AI Summary
Goldstorm (OTC:GSTMF) outlines its 2026 exploration plan to advance the 100%-owned Crown Property in B.C.'s Golden Triangle, prioritizing drill testing, follow-up on recent high-grade discoveries, and expanded prospecting across the Electrum-Fairweather-Delta (EFD) trend.
Planned work includes a Phase 1 ~3,000 m diamond drill program (six holes targeting a 1.2 km IP chargeability anomaly overlying Copernicus Au-Cu geochemistry) and a contingent Phase 2 ~6,000 m. Recent surface results include Delta West gold >39 g/t and EFD silver assays up to multi-kilograms per tonne. A warrant exercise raised $1,272,074 for funding the 2026 program.
Positive
- Phase 1 drill program ~3,000 m targeting 1.2 km anomaly
- Contingent Phase 2 expansion of ~6,000 m if warranted
- Delta West surface gold assays exceeding 39 g/t
- EFD trend silver samples up to multi-kilograms per tonne
- Warrant exercise generated $1,272,074 in gross proceeds
Negative
- Phase 2 drilling contingent on Phase 1 success (uncertain timing)
- Drill program outcomes and resource potential remain unproven
- High-elevation/snow access may delay field programs in 2026
News Market Reaction
On the day this news was published, GSTMF declined 3.19%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to announce the Company's 2026 strategy to advance its Crown Property located in the heart of the Golden Triangle of British Columbia.
Summary of the 2026 Exploration Priorities:
- Initiate a Phase 1 Drill Program at Crown of approximately 3,000 meters (m) targeting the Copernicus gold and copper geochemical trend overlying a 1.2-kilometer-long IP chargeability anomaly.
- Pursue a Phase 2 Drill Program of approximately 6,000 m should the results from Phase 1 drilling at the Orion Spine and Copernicus warrant it.
- Expand the size of our new Delta West discovery comprising multiple high-grade, gold-bearing, shear-hosted, parallel structures with prospecting, mapping and sampling programs.
- Prospect, map and sample the Electrum, Fairweather and Delta claims (EFD), where our Precious Metals EFD Trend has produced high-grade gold and ultra high-grade silver values from historical prospecting and sampling.
Ken Konkin, P. Geo., President and CEO, comments: "We are very excited to continue with our strategies for advancing the Crown and Electrum Projects, which we believe have the potential to be transformative for both the Company and our shareholders. Crown's strategic location within one of the most exciting and underexplored mineral trends in recent years, combined with encouraging results from our exploration programs, provide a very optimistic outlook for the Company. As we move forward, we anticipate the designing and completing of drill programs across multiple high-priority gold, copper, and silver targets. There are two particular trends of interest; the Treaty-KSM Au-Cu-Ag porphyry trend, which appears to bisect the center of the Crown claims and, secondly, a high-grade gold-silver trend to the east of the porphyry trend. The precious metal trend cuts though the eastern portion of the Crown Property and includes the Electrum, Fairweather and Delta claim areas (Figure 1)."
Figure 1. Location Map: the Crown Property covers approximately 16,000 hectares directly south of Seabridge Gold's KSM Project and Newmont's Brucejack Mine.
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2026 Strategy to Advance the Crown Gold, Silver Copper Targets
The successful completion of last season's Induced Polarization (IP) and Magnetotelluric (MT) programs in the central part of the property have significantly improved our understanding of the structural framework at the Crown Project. The geophysical results suggest the presence of a large, intrusive body at depth, which may be the source of mineralized veins seen at surface in the Copernicus area. The favourable geophysical and geochemical results define an area measuring 1.2 km in a north-south direction, and over a kilometer east to west (Figure 2). Clearly, our priority focus for the next stage of exploration will be a diamond drilling program. We plan to begin with six drill holes dispersed throughout the kilometer-sized IP chargeability anomaly. This Phase 1 drill program will consist of approximately 3,000 m, with an average hole length of 500 m. Phase 2 drilling could be considerably expanded, contingent upon the success of the Phase 1 results. Figure 2 illustrates a conceptual drill hole plan on a 3-D model, targeting the co-incident Au-Cu rock sample anomalies overlying the large chargeability anomalies. Once targets are finalized and the budget and logistics are confirmed for the proposed 2026 Exploration Program, we will release a final Phase 1 drill hole plan complete with sections.
Figure 2. Conceptual 2026 Drill Plan: 2025 IP Chargeability with Co-incident Au-Cu Rock Geochemistry Copernicus Zone at Orion Spine, Crown Property
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Concurrent to the drill program, geological crews will aggressively follow-up on our recent high-grade gold-silver-copper discoveries, exploring along their trends. Our on-going mapping, sampling and prospecting programs have greatly contributed to the discovery of new zones and have augmented our geological understanding of the area. Our geological team will focus efforts on "fleshing-out" discoveries and expanding on our known mineralized areas, including Orion Spine, Delta West and the Electrum-Fairweather-Delta (EFD) precious Au-Ag trend. The prospecting, sampling and mapping program will commence as soon as snow levels permit access to the lower elevations.
Numerous historical high-grade Ag-Au samples have been collected along the EFD trend from narrow hydrothermal vein and veinlet stockwork systems. Core samples obtained from the 2025 Electrum drill program encountered silver grades approaching one kilogram per tonne. Historical surface sampling along the EFD trend has yielded numerous, ultra high-grade multi-kilograms per tonne silver values, some exceeding 10 kilograms per tonne, on each of the 3 claim areas that comprise EFD, as noted in Figure 1 above.
Given the recent rise in silver and gold metals prices, exploring this trend will be one of our highest priorities for our reconnaissance teams during the 2026 campaign. In particular, we will be focusing on our new discovery at Delta West, which has returned gold values exceeding 39 g/t, on trend directly south of the Brucejack Valley of the Kings Deposit (Figure 3).
Figure 3. 2025 Delta West Rock Sample Assays for Gold
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Warrant Exercise Program
Goldstorm Metals also announces the successful completion of its accelerated warrant exercise program (the "Program"), pursuant to which
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company's President and CEO, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.
QA/QC
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 (AA) 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.
About Goldstorm Metals
Goldstorm Metals Corp. is a precious and base metals exploration company with a large strategic land position in the Golden Triangle of British Columbia, an area that hosts some of the largest and highest-grade gold deposits in the world. Goldstorm's flagship projects, Crown and Electrum, cover an area that totals 16,469 hectares over 6 concessions, of which 5 are contiguous. The Crown Project is situated directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation's Brucejack/Valley of the Kings gold mine. Electrum, also located in the Golden Triangle of BC, is situated directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and the past producing Silbak Premier mine, 20 kilometers to the south.
ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDSTORM METALS CORP.
"Ken Konkin"
Ken Konkin
President and Chief Executive Officer
For further information, please visit the Company's website at https://goldstormmetals.com/ or contact:
Chris Curran
VP Investor Relations and Corporate Communications
Phone: (604) 559-8092
E-Mail: chris.curran@goldstormmetals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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 news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including without limitation, the statement regarding the expectation that geologists are expected to complete a compilation study this winter once all assay 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" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by Goldstorm and the opinions and estimates of management as of the date of this press release, including that geologists will complete a compilation study this winter once all assay 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. Important factors that may cause actual results to vary, include, without limitation that geologists will not complete a compilation study this winter or at all.
Although management of Goldstorm 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. There can be no assurance that such statements will prove 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 such information may not be appropriate for other purposes. Goldstorm does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
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FAQ
What drill program did Goldstorm (GSTMF) plan for Crown in 2026?
How much money did GSTMF raise from the warrant exercise for 2026 work?
What high-grade results support Goldstorm's 2026 focus at Crown (GSTMF)?
Where on the Crown property will GSTMF target Phase 1 drilling in 2026?
What geophysics supported Goldstorm's 2026 drill targets at Crown (GSTMF)?
