Goldstorm starts IP survey at Crown property

Mr. Ken Konkin reports GOLDSTORM METALS COMMENCES IP GEOPHYSICAL SURVEY ON THE CROWN PROPERTY, LOCATED IN THE GOLDEN TRIANGLE OF BRITISH COLUMBIA The induced polarization (IP) geophysical program has commenced at Goldstorm Metals Corp.'s 100-per-cent-owned Crown property, which covers approximately 16,000 hectares situated adjacent to, and due south of, both Seabridge Gold Inc.'s KSM gold-copper project and Newmont's Brucejack gold mine. The IP program will target the Copernicus zone and other geochemical anomalies along the Orion spine at the Crown property. Ken Konkin, PGeo, president and chief executive officer, comments: "We are pleased to announce that the geophysical phase of exploration on the Crown project has begun. This study is expected to greatly assist our team in prioritizing drill targets along the Orion spine, which is located directly south of, and on trend with the extensive string of Treaty-KSM gold-copper porphyry deposits. We believe that great geological potential exists for the continuation of the Treaty-KSM porphyry trend southward, through the centre of our Crown claims beneath the Orion spine. "The geophysical surveys will focus on the known zones of mineralization at Copernicus and areas of anomalous gold-in-rock geochemistry immediately north and south of Copernicus which lies mid-way down along the Orion spine. We expect the IP survey to be completed before the end of August and Simcoe Geoscience will follow up with a magnetotelluric (MT) study, which is designed to map lithologies and structures at depth. We anticipate that the results of these surveys will considerably improve our geologic understanding of the project as we prepare for preliminary exploration drilling. The goal is to evaluate the underlying geology along the 1.4-kilometre trend of the Copernicus zone to determine if a large intrusive-related target at depth may be the source for the mobilized copper-gold-silver mineralization identified on surface. The IP study will cover 3.5 kilometres of the impressive, anomalous gold-in-rock geochemical trend that extends along the north-south-oriented Orion spine. The objective of the geophysical studies is to outline resistivity/conductivity and magnetic features that may represent larger mineralized targets, as well as identify major regional structures that are known to play an important role in the geological model for the porphyry systems located on trend to the north, at KSM and at Treaty Creek. "Our field crews have been mapping, prospecting and sampling freshly exposed outcrop on both the east and west flanks of the receding glaciers bounding the Orion spine. Attention has been given to the structural orientation of high-grade base- and precious-metal mineralization that may be emanating from deeper sources, which could be related to potential intrusive-related activity such as a porphyry system. If the metal sources for the Copernicus Cu-Au-Ag structures are related to deeper, larger, mineralized bodies, vectoring from these, and other newly discovered structures, toward a potential source would be important information for designing the initial drill program. The first phase of rock channel sampling has been completed and these include 165 grab, rock-chip and saw-cut channel samples. We hope to receive the rock geochemical analysis results near the end of the month to coincide with the end of the IP program." The MT survey announced in the company's press release dated Aug. 6, 2025, will be carried out following the completion of the IP program. Qualified person The qualified person for this news release for the purposes of National Instrument 43-101 is the company's president and chief executive officer, Ken Konkin, PGeo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release. QA/QC (quality assurance/quality control) All samples were prepared at MSA Labs' Preparation Laboratory in Terrace, B.C., and assayed at MSA Labs' Geochemical Laboratory in Langley, B.C. Gold was assayed using a fire assay with atomic absorption (AA) spectrometry finish. Samples over 10 ppm (parts per million) gold were fire assayed with gravimetric finish. All samples were analyzed by four-acid digestion with multielement ICP-MS, with silver and base metal overlimits 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 Corp. Goldstorm Metals 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 six concessions, of which five are contiguous. The Crown project is situated directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corp.'s Brucejack/Valley of the Kings gold mine. Electrum, also located in the Golden Triangle of British Columbia, is situated directly between Newmont's Brucejack mine, approximately 20 kilometres to the north, and the past-producing Silbak Premier mine, 20 kilometres to the south. We seek Safe Harbor.