Mr. Ken Konkin reports

GOLDSTORM METALS ANNOUNCES DRILL TARGETS FOR THE CROWN PROPERTY UTILIZING RESULTS OF AN INDEPENDENT GEOPHYSICAL REVIEW, AND APPOINTS JOEL ASHBURNER AS CHIEF GEOLOGIST

Goldstorm Metals Corp. has engaged Fathom Geophysics to conduct an independent review of the results of the 2025 geophysical programs, including both induced polarization (IP) and magnetotelluric (MT) surveys completed over the Copernicus zone at its 100-per-cent-owned Crown property.

The Copernicus zone hosts very prospective drill targets within an area measuring approximately 1.2 kilometres north-south by 800 metres (m) east-west, centrally located on the roughly 16,000-hectare Crown property. The property is strategically located in the Golden Triangle of British Columbia, immediately south of Seabridge Gold's KSM project and Newmont's Brucejack mine.

Daniel Core of Fathom Geophysics commented on the results of his analysis: "The geophysical data at Copernicus indicate the area has potential for porphyry copper mineralization. The area hosts a 700 m by 400 m chargeability anomaly in relatively resistive rocks on the three westernmost lines, and the anomaly remains open to the west. The magnetic data show that the area is structurally complex at the intersection of NW- and NE-trending features, and the IP results indicate a potential buried intrusion on the west side of the IP survey area. A 500 m long chargeability anomaly on the most eastern line, that is coincident with a magnetic structure, suggests that a second system may be present."

Ken Konkin, PGeo, president and chief executive officer, stated: "We are pleased to announce the first five proposed drill holes of phase 1 at the Crown project. We plan to launch the first set of three HQ and NQ2 drill holes targeting the Copernicus and Orion Spine porphyry targets as our highest priority. The holes may be drilled to depths of as much as 800 m to test the extent of the IP chargeability anomalies, and will be wide spaced in order to fast-track the strongest looking mineralized areas. In addition to drilling at Orion Spine, we plan to drill the Delta West target, discovered by our reconnaissance crew last season, where a grab sample yielded over 39 g/t gold from a shear-hosted quartz vein containing fine-grained pyrite. As well, samples from numerous subparallel structures over a 500 m by 800 m gossanous area returned significant gold values. Delta West is located 10 kilometres directly south of the Valley of the Kings gold deposit at the Brucejack mine. All proposed drill holes have been plotted on various types of enhanced images that highlight the IP chargeability and geological interpretations completed by our field crews. We have utilized high-resolution WorldView-3 Multispectral Images obtained at the end of the 2025 field season that demonstrate various types of alteration and iron oxidation associated with various styles of mineralization and their associated alteration assemblages. These images have greatly enhanced our geological interpretations and aided in drill targeting. The reinterpretation of all geophysical data also supports the 'Thrust Fault model' extending southward beyond the Treaty Creek and KSM deposit models as shown in the cross section below."

Mr. Konkin continued: "We thank Mr. Daniel Core for a comprehensive and detailed 'next level' analysis of the magnetic and IP data we collected. His interpretation of the historical magnetic data reinforced our understanding of the structural complexity of this part of the Crown claims. The added information has allowed our technical team to plan drill hole orientations and depths that will sufficiently test each intended target. We expect to drill approximately 3,000 metres in the first five holes of our phase 1 program. Contingent on results of the preliminary work, a phase 2 program may include up to an additional 6,000 m of drilling.

"Lastly, I am particularly pleased to welcome the addition of the well-known and respected geologist, Joel Ashburner to our team at Goldstorm. I have had the great fortune of working with Joel for several years at Brucejack Lake during the discovery of the Valley of the Kings deposit. We will benefit from his vast and intimate first-hand knowledge and experience of the geology and mineralization throughout the Golden Triangle. Today our geological team has become much stronger!"

Appointment of Joel Ashburner

Goldstorm Metals is pleased to announce the appointment of Joel Ashburner as chief geologist. Mr. Ashburner brings over 15 years of experience in the mineral exploration industry and has worked across the full project life cycle, from grassroots target generation, through advanced exploration, to operating mines. In more recent roles, he has led multidisciplinary teams focused on mine-outskirt and brownfields exploration at the Brucejack project in northwest British Columbia, contributing to significant resource growth and mine life extension. Earlier in his career, he was part of the team responsible for the discovery of the Valley of the Kings deposit, and later played a key role in the discovery and delineation of the Golden Marmot deposit. He was also instrumental in the discovery and advancement of new resources at Brucejack, contributing to the addition of more than four million ounces of gold to the mineral resource. Mr. Ashburner's experience spans projects across British Columbia, Yukon, Ontario and Australia.

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 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 B.C., is situated directly between Newmont Corp.'s Brucejack mine, approximately 20 kilometres to the north, and the past-producing Silbak Premier mine, 20 kilometres to the south.

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