Storm Exploration
Storm Exploration Inc. is a Canadian junior mineral exploration company that holds 100% interest in three district-scale gold and base metal projects in northwestern Ontario and an option on a Newfoundland gold project, monetizing assets through dispositions to mid-tier and senior mining companies. The company serves retail and institutional mining investors and is led by President and CEO Bruce Counts.
- Company typePublic
- Founded2017
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Storm Exploration does
Storm Exploration Inc. (TSX-V: STRM; OTC Pink: CWVWF) is a Canadian junior mineral exploration company headquartered in Vancouver, British Columbia, focused on advancing district-scale gold and base metal projects in northwestern Ontario. The company holds 100% interest in three projects — Gold Standard (6,018 hectares), Keezhik (12,482 hectares), and Attwood (22,230 hectares) — within the greenstone belts of the Miminiska-Fort Hope and Sturgeon Lake regions, and has an option to earn up to 100% of the Toogood Gold Project in Newfoundland. Exploration work is conducted using traditional methods including VTEM airborne electromagnetic surveys, ground magnetic and electromagnetic surveys, LIDAR, geological mapping, soil and biogeochemistry, prospecting, and diamond drilling; the Gold Standard project hosts a 5km-long untested VTEM conductivity anomaly with surface samples assaying up to 166 g/t Au.
The business model is that of a project-generator: Storm acquires and advances early-stage exploration assets and monetizes them through sale, joint venture, or royalty arrangements with mid-tier and senior mining companies. The company executed its first material transaction in February 2026, selling the Miminiska Project to Canadian Goldfields Discovery Corp. for $5,812,500 in cash and shares, while exercising its option with Landore Resources to acquire 100% of Miminiska and Keezhik immediately prior to the sale. The company has no operating revenue and is funded primarily through equity private placements, with cumulative gross proceeds of approximately $7.5M CAD raised across 2021-2024 and additional smaller tranches in 2024-2025.
Storm serves junior mining investors, both retail and institutional, who seek exposure to early-stage precious and base metal discovery in a stable Canadian jurisdiction. The company has built social license through exploration agreements with three First Nations (Eabametoong, Naicatchewenin, Nigigoonsiminikaaning) and engages in digital investor outreach via Soar Financial Partners. Leadership is led by President and CEO Bruce Counts, P.Geo., who serves as the company's Qualified Person under National Instrument 43-101.
Storm Exploration firmographics
Firmographics- Name
- Storm Exploration
- Legal name
- Storm Exploration Inc.
- Website
- https://stormex.ca
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Storm Exploration Inc. is a Canadian junior mineral exploration company that holds 100% interest in three district-scale gold and base metal projects in northwestern Ontario and an option on a Newfoundland gold project, monetizing assets through dispositions to mid-tier and senior mining companies. The company serves retail and institutional mining investors and is led by President and CEO Bruce Counts.
- Ownership category
- akta.pro rank
Storm Exploration industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Metal Ore Mining (2122), Support Activities for Mining (213), Support Activities for Metal Mining (213114), Geophysical Surveying and Mapping Services (541360)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
- akta.pro secondary industries
- Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA), Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK)
Keywords
Where Storm Exploration is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Storm Exploration business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Others
Revenue model
- Project Dispositions and Acquisitions: Storm Exploration generates revenue through the sale of exploration projects or interests therein to larger mining companies. The company completed the sale of its Miminiska Project to Canadian Goldfields Discovery Corp. for $5,812,500 (cash and shares). The company retains 100% ownership of three district-scale projects (Gold Standard, Keezhik, Attwood) with drilling programs planned.
- Equity Holdings: The company holds equity positions in acquired companies as partial consideration for project sales. Storm received 7,500,000 common shares of Canadian Goldfields Discovery Corp. (approximately 7.59% ownership) as part of the Miminiska Project sale.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Storm Exploration product offering
Product offeringCore offering
Storm Exploration is a Canadian mineral exploration company focused on acquiring, exploring, and advancing district-scale gold and base metal projects in northwestern Ontario. The company conducts geological surveys, airborne electromagnetic surveys, drilling programs, and sampling to identify economic mineral deposits on its three 100%-owned projects. Revenue is generated primarily through the sale of exploration project interests to larger mining companies.
Product overview
Storm Exploration is a Canadian mineral exploration company operating three district-scale exploration projects in northwestern Ontario: Gold Standard, Keezhik, and Attwood. The company focuses on discovering and developing economic precious and base metal deposits using geological surveying, airborne electromagnetic surveys, ground geophysics, drilling, and sampling programs. The projects range from early exploration stage to drill-ready targets, with the Gold Standard project being advanced toward a Phase 2 drilling program testing a VMS target.
Differentiator
Problem solved
Functional benefit
Products and services
- Gold Standard Project A 6,018-hectare road-accessible gold and VMS exploration project located 60 km north of Fort Frances, Ontario, hosting a 5km-long conductivity anomaly interpreted as potential volcanogenic massive sulphide mineralization, with confirmed high-grade gold values up to 166 g/t Au from surface samples. The project is being advanced toward a Phase 2 drilling program testing the VMS target.
- Keezhik Project A district-scale gold exploration project within the Miminiska-Fort Hope greenstone belt, approximately 380 km north of Thunder Bay, Ontario, featuring eight drill-confirmed gold showings with historical assays including 16.2 g/t Au over 2.0m and 18.9 g/t Au over 1.5m. The project covers 12,482 hectares and is targeted for multi-million ounce gold deposit potential.
- Attwood Project A 22,230-hectare exploration project within the Miminiska-Fort Hope greenstone belt, prospective for precious metals and critical minerals including gold and copper, with multiple untested conductivity anomalies and sulphide mineral showings. The project is at an earlier exploration stage relative to Gold Standard and Keezhik.
Quantifiable outcome
- 166 g/t Au from surface rock samples at Gold Standard HW-271 showing
- +2 more outcomes
Companies that use Storm Exploration
Customer profileSegments1 record
Ideal customer profiles2 records
Storm Exploration technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Storm Exploration partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- Soar Financial PartnersminorStorm engaged Soar Financial Partners for digital marketing and investor outreach services to increase general awareness of the Company. Agreement is for one year commencing April 23, 2026 at $7,500 USD per month ($90,000 USD annually), with 100,000 stock options at $0.25 per share.
- Canadian Goldfields Discovery Corp.coreCanadian Goldfields Discovery Corp. purchased Storm's interest in the Miminiska Project for total consideration of $5,812,500, including $3,525,000 cash and 7,500,000 CGDC shares (approximately 7.59% ownership). Storm retains 100% of Keezhik, Attwood, and Gold Standard projects.
- Harvey Yesno (First Nations Advisor)minorHarvey Yesno, former Chief of the Eabametoong First Nation, was appointed as an Advisor to the Company. His experience as a First Nations leader and knowledge of the Eabametoong community assists with engagement and project advancement.
- Eabametoong First NationcoreStorm Exploration has entered into an exploration agreement with the Eabametoong First Nation for its Miminiska, Keezhik, and Attwood projects located within their traditional territory. The agreement establishes a framework for consultation, employment, training, and business development opportunities for the community.
- Nigigoonsiminikaaning First NationcoreStorm Exploration is working toward a Memorandum of Understanding with the Nigigoonsiminikaaning First Nation for the Gold Standard Project, similar to the agreement with Naicatchewenin. The project area lies within their traditional territory.
- Naicatchewenin First NationcoreStorm Exploration signed a Memorandum of Understanding with the Naicatchewenin First Nation for the Gold Standard Project. The MOU establishes a framework for consultation and provides community participation through employment, training, and business development. Storm contributes to a community fund proportional to exploration expenditures and will issue $175,000 in common shares over four years.
- JM Development SolutionsminorJM Development Solutions, founded by Joeh Moses of Biigtigong Nishnaabeg First Nation, was contracted to assist with engaging the Eabametoong community in discussions regarding the advancement of exploration projects.
- Prospector Metals Corp.minorStorm Exploration executed an option agreement with Prospector Metals Corp. to acquire up to 100% interest in the Toogood Gold Project in Newfoundland. To earn 55%, Storm must pay $10,000 cash, issue 4,000,000 shares, and incur $3,500,000 in expenditures over 36 months.
Scale indicators3 records
Recent moves8 records
Expansion highlights6 records
Storm Exploration competitors and assessment
Company assessmentBroad incumbents
- Treasury Metals Inc. Broader incumbent — Canadian gold developer with advanced-stage projects in northwestern Ontario (Goliath Gold Complex). Comparable jurisdiction and deposit model, though further along the development curve than Storm.
- IAMGOLD Corporation: Broader incumbent — Intermediate gold producer with operations in Canada (Côté Lake) and West Africa. Active explorer in Ontario greenstone belts and a typical strategic acquirer for district-scale junior exploration packages.
- Wesdome Gold Mines Ltd. Broader incumbent — Mid-tier Canadian gold producer operating the Eagle River and Kiena mines in Ontario and Quebec. Operates in the same greenstone-belt geology as Storm and represents a credible strategic acquirer profile.
- Barrick Gold Corporation: Broader incumbent — Global senior gold major with extensive Ontario footprint. While much larger, Barrick's Hemlo and surrounding exploration activity make it a relevant comparable for the regional geology and a potential strategic acquirer of district-scale packages.
Direct peers
- Prospector Metals Corp. Direct peer — counterparty on the Toogood Gold Project option agreement with Storm. Junior Canadian gold explorer with similar early-stage discovery profile and project-generation strategy.
- Generation Mining Limited: Direct peer — Canadian junior focused on critical minerals and precious metals in Ontario, including the Marathon Palladium-Copper project. Similar market cap band and TSX-V listing profile, making it a comparable investor sentiment proxy.
- First Mining Gold Corp. Direct peer — Canadian junior with district-scale gold exploration/development projects in Ontario and British Columbia. Comparable project-generation and asset-disposition business model to Storm.
- Canadian Goldfields Discovery Corp. Direct peer — Canadian junior gold explorer that acquired Storm's Miminiska Project for $5.8M in February 2026. Operates as a similarly structured gold-focused exploration company pursuing discovery-stage assets in Canadian jurisdictions.
- Landore Resources Canada Inc. Direct peer — former optionor of Miminiska and Keezhik Projects to Storm; retains a 2% NSR on Keezhik. Junior explorer focused on precious and base metals in northwestern Ontario with overlapping geography and asset class.
Others
- Eric Sprott (via affiliated listed issuers): Others — Notable historical significant shareholder in Lithoquest Diamonds (predecessor of Storm). Sprott-affiliated resource issuers and his broader platform represent thematic exposure to the same junior precious-metals discovery cycle Storm depends on.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Storm Exploration social profiles
Digital presenceStorm Exploration financial estimates
Financial estimateRevenue estimate
Valuation estimate
Storm Exploration leadership team
Management profileNumber of profiles
Profiles5 records
Storm Exploration funding detail
Funding detailFunding overview
Funding rounds4 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Storm Exploration M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Storm Exploration
What does Storm Exploration do?
Storm Exploration is a Canadian mineral exploration company focused on acquiring, exploring, and advancing district-scale gold and base metal projects in northwestern Ontario. The company conducts geological surveys, airborne electromagnetic surveys, drilling programs, and sampling to identify economic mineral deposits on its three 100%-owned projects. Revenue is generated primarily through the sale of exploration project interests to larger mining companies.
Is Storm Exploration a public or private company?
Storm Exploration is a public company. It is classified as public and is currently operating.
When was Storm Exploration founded?
Storm Exploration was founded in 2017. It employs 1 to 10 people.
Where is Storm Exploration based?
Storm Exploration is headquartered in Vancouver, Canada, in the North America region.
How does Storm Exploration make money?
Two revenue lines are on record. Project Dispositions and Acquisitions are the primary driver. The others are equity Holdings.
Who are Storm Exploration's main competitors?
Broad incumbents on record are Treasury Metals Inc., IAMGOLD Corporation, Wesdome Gold Mines Ltd. and Barrick Gold Corporation. Direct peers are Prospector Metals Corp., Generation Mining Limited, First Mining Gold Corp., Canadian Goldfields Discovery Corp. and Landore Resources Canada Inc.. Eric Sprott (via affiliated listed issuers) is listed as an others.
Does Storm Exploration have an API?
No public API is recorded for Storm Exploration.
What industry is Storm Exploration in?
Storm Exploration's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development, with a secondary code of IMAKAKAA, Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling). Its NAICS code is 2122 and its SIC code is 1040.