Mr. Bruce Counts reports

NEW MINERALISED VMS SYSTEM DISCOVERED AT STORM'S GOLD STANDARD PROJECT

Storm Exploration Inc. has discovered a new mineralized volcanogenic massive sulphide (VMS) system on its 100-per-cent-owned Gold Standard project, located 60 kilometres north of Fort Frances, Ont., Canada.

Highlights

• Five holes totalling 1,000 metres have been completed to date;
• Drilling spans 1.9 km of the VMS target's seven-kilometre strike length;
• All holes have intersected disseminated and/or semi-massive to massive sulphide mineralization;
• Presence of chalcopyrite (a copper sulphide mineral) and sphalerite (a zinc sulphide mineral) has been confirmed in all holes.

"This is an important exploration milestone," stated Bruce Counts, president and chief executive officer of Storm Exploration. "Storm has identified a new VMS occurrence with confirmed critical minerals and significant size potential."

Mr. Counts continued: "These results demonstrate that the entire seven km of the conductivity anomaly is prospective. Given the exploration potential at Gold Standard, a comprehensive phased program of exploration, including geophysics, geochemistry and systematic drilling, is being planned."

Drill program update

Initial results from the current drill program confirm the presence of a previously unrecognized VMS system. Historically, VMS deposits have been an important source of critical minerals, accounting for up to 6 per cent of global copper production and 22 per cent of zinc global production.

Storm has completed 1,000 m in five drill holes over 1.9 km of strike length and has intersected broad intervals of disseminated, massive, semi-massive and stringer/vein sulphide mineralization. The sulphides are hosted within a variably textured, bimodal volcanic sequence featuring extensive silicification, quartz-chlorite-sericite- (plus/minus) garnet alteration as well as chert exhalative zones.

Sulphide mineralization, including pyrite, pyrrhotite, chalcopyrite and sphalerite, has been confirmed in core from all drill holes and appear to be stacked in zones that coincide with geological contacts between mafic and felsic volcanic units.

Drilling is targeting a strong conductivity anomaly that was first identified by an airborne versatile time domain electromagnetic (VTEM) survey. Subsequent ground very low frequency electromagnetic (VLF-EM) surveys have refined the target to show variably dipping, strong conductive bodies

This first phase of drilling is testing 1.8 km of the three km north-south-striking limb of the conductivity anomaly. The four km east-west-striking limb of the anomaly remains untested.

Engagement of VMS expert

Storm has also engaged the services of professional geologist and exploration consultant, Dr. Stephen Piercey, PhD, PGeo, FGC, to review the technical details of the project and help inform the company's approach to exploration going forward. A site visit and core review is planned for the coming days.

Dr. Piercey is an award-winning geologist with over 25 years of experience focused on VMS deposits. He has a deep understanding of VMS systems having worked, researched and consulted in numerous VMS districts in North America (that is, Finlayson Lake district, Yukon; Ambler district, Alaska; Flin Flon district, Manitoba; Abitibi greenstone belt, Ontario; Tally Pond, Buchans-Roberts Arm, Springdale and Baie Verte belts, Canadian Appalachians).

Dr. Piercey is a university research professor in the department of earth sciences at Memorial University of Newfoundland, a professional geoscientist (PGeo) in Newfoundland and Labrador, Ontario, and British Columbia. He is a native of Newfoundland and Labrador, and completed a BSc (honours) and MSc degrees at Memorial University, and a PhD at the University of British Columbia.

Next steps

Detailed core logging and processing is currently under way in Thunder Bay. A summary of the drill program and the geology of each hole will be provided when logging is complete.

Core samples will be analyzed at Actlabs in Thunder Bay, Ont., which is accredited to ISO/IEC 17025 standards and operates under an ISO 9001 certified quality management system. Standard sample QA/QC (quality assurance/quality control) procedures will be in effect.

Assay results are expected in early Q1/2027 and will be announced as they become available.

About Gold Standard

The Gold Standard project is located approximately 60 km north of the city of Fort Frances and is accessible by all-weather forestry road. The property comprises 373 single-cell mineral claims covering 7,869 hectares and lies within the Manitou-Stormy Lakes greenstone belt along the Manitou Stretch-Pipestone Lake deformation zone, a large crustal structure that spans over 60 km along its strike and up to three km in width.

The Gold Standard project hosts a potentially significant VMS target characterized by a conductivity anomaly seven km long and four coincident, shallow holes that were drilled by Inco in 1969 and 1970. All the drill holes intersected copper and zinc sulphide mineralization; however, no assays were completed since no nickel sulphides were observed. Gold Standard is also home to three historical gold mines that were operational between 1901 and 1903. Surface rock samples collected by Storm in 2022 near the HW-271 mine yielded assays that included 166 grams per tonne Au (gold), 197 g/t Ag (silver) and 1.47 per cent Cu (copper).

Qualified person

The technical contents of this news release have been reviewed and approved by Jo Price, MSc, MBA, PGeo, a director of Storm Exploration and qualified person under National Instrument 43-101.

About Storm Exploration Inc.

Storm Exploration is a Canadian mineral exploration company focused on the discovery and development of economic precious and base metal deposits on three district-scale projects in Northwest Ontario: Keezhik, Attwood and Gold Standard.

We seek Safe Harbor.