Storm Exploration Completes $5.8M Sale of Miminiska Project

Storm Exploration Inc. has finalized the sale of its Miminiska Project to Canadian Goldfields Discovery Corp. for $5.8 million. The transaction strengthens Storm's financial position, allowing it to focus on its three key exploration projects in Ontario: Gold Standard, Keezhik, and Attwood. Storm has gained full control of the Miminiska and Keezhik Projects before the sale, completing a $1.3 million option payment.

The Keezhik Project, located in northwestern Ontario, is set for exploration in 2026. The company plans geophysical surveys and drilling at two gold showings. Meanwhile, the Gold Standard Project will undergo ground exploration in anticipation of 2026 drilling, following the identification of a significant anomaly. The Attwood Project will focus on target identification for 2027 drilling.

Storm remains committed to advancing these projects amid a promising market for precious metals.