Mr. Bruce Counts reports

STORM EXPLORATION AMENDS OPTION AGREEMENT FOR MIMINISKA & KEEZHIK

Storm Exploration Inc. has amended the option agreement to acquire a 100-per-cent interest the Miminiska and Keezhik properties.

Option agreement amendment

StormEx and Landore Resources Canada Inc. have agreed to amend the option agreement to acquire a 100-per-cent interest in the Miminiska and Keezhik properties (see news release dated May 10, 2021). The amendment modifies the schedule of remaining option payments, which are outlined in the table entitled "Remaining option payments for a 100-per-cent interest in Miminiska and Keezhik properties." All other aspects of the option agreement remain unchanged.

About the Miminiska and Keezhik projects

The Miminiska and Keezhik projects are located within the traditional territory of the Eabametoong First Nation, with which Storm recently signed an exploration agreement (see news release dated May 23, 2024). The projects lie within the prospective geology of the Miminiska-Fort Hope greenstone belt, approximately 350 kilometres north of the city of Thunder Bay, Ont. Each project has the potential to host a multimillion-ounce orogenic gold deposit.

The Miminiska property is the company's primary focus and hosts drill-confirmed, high-grade gold mineralization at two primary prospects: Miminiska and Frond. Historical assays include 5.75 grams per tonne (g/t) gold (Au) over 20.84 metres and 13.95 g/t Au over 5.32 m, with mineralization hosted in banded iron formation and associated shear zones.

Note: Historical results have not been independently verified by Storm and there is no guarantee that the company can reproduce the results in whole or in part. Potential investors should not rely on these historical results when making an investment decision.

Qualified person

The technical contents of this news release have been reviewed and approved by Bruce Counts, PGeo, president, chief executive officer and 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 four district-scale projects in Northwest Ontario: Miminiska, Keezhik, Attwood and Gold Standard.

We seek Safe Harbor.