Northwire Canada EditionTuesday, October 20, 2026
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GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.60 +0.4% OIL 97.82 −0.7% PALLADIUM 1104.80 −1.6% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4% GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.60 +0.4% OIL 97.82 −0.7% PALLADIUM 1104.80 −1.6% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4%
Drill Results Routine +

Goldstorm Completes Planning and Permitting for the 2026 Exploration Program at Its 100%-Owned Crown Copper, Gold, Silver Property

Goldstorm Metals Secures Permitting for First Crown Property Drill Program Following $7M Capital Raise

By The Northwire Desk — AI Analysis May 27, 2026 · 06:01 GSTM · 0.185 Goldstorm Metals Corp.
Executive Summary
  • Goldstorm Metals Corp. has completed final planning and permitting for its 2026 exploration program at the 100%-owned Crown Property in British Columbia's Golden Triangle.
  • The company is launching its first-ever drill program on the property, targeting the Copernicus copper-gold trend and the Delta West gold-mineralized zone.
  • Phase 1 drilling consists of approximately 3,000 metres focused on testing IP chargeability anomalies and geochemical trends.
  • A secondary Phase 2 drilling phase of approximately 6,000 metres is planned, contingent upon successful Phase 1 results.
  • The company corrected a previous announcement regarding finder warrants issued in the non-brokered private placement (correct number: 1,307,320).
  • An advisory agreement was entered into with Research Capital Corporation (RCC) for $35,000 and 175,000 share purchase warrants ($0.20 exercise price, 3-year term).
Material Impact
  • The news confirms the company has moved from planning to execution phase for its primary asset, validating the use of proceeds from the April 2026 $7M financing.
  • Completion of wildlife safety plans and permitting removes immediate operational hurdles that could have delayed the program, reducing execution risk slightly.
  • However, this is an expected milestone following the April 8th drill target announcement and April 30th financing closing; it does not introduce new fundamental value or discovery data.
  • The warrant correction is administrative and immaterial to financials but indicates attention to detail in compliance.
  • The advisory agreement with RCC adds a minor cost burden ($35k) relative to the $7M raised, which is negligible for cash flow but increases dilution slightly via warrants.
GSTM · Price
Company Overview
  • Company: Goldstorm Metals Corp., focused on district-scale land packages in the Golden Triangle of British Columbia.
  • Flagship Project: Crown Property (100% owned), covering ~16,000 hectares adjacent to Seabridge Gold's KSM project and Newmont's Brucejack mine.
  • Key Targets: Copernicus Zone (porphyry copper-gold target), Orion Spine (structural trend), Delta West (high-grade gold zone).
  • Electrum Property: Historic high-grade gold-silver-copper area with past production; currently undergoing drilling and sampling.
  • Infrastructure: Road access, power transmission lines, and nearby airports facilitate exploration logistics.
Read the original news release →

More from Goldstorm Metals Corp.

Oct 15, 2026 · 06:01

Goldstorm completes Crown drilling with surface sampling highlights while core assays stall.

Drill Results Aug 31, 2026 · 06:01

Goldstorm’s drilling remains on track at the project, though a laboratory backlog is delaying the release of the first assay results.

Drill Results Jul 15, 2026 · 07:01

Goldstorm begins its first drill program at the Crown project with funding secured for 2026 exploration activities.

Drill Results Apr 30, 2026 · 18:59

Tagline: Goldstorm Secures $7M Lifeline for Crown Drill Program Amidst Dilution Concerns

Financings Apr 15, 2026 · 17:28

Goldstorm Metals Upsizes Financing to $7 Million Amid Exploration Push

Financings Apr 10, 2026 · 02:36

Goldstorm Metals arranges $4-million private placement

Financings