The Silver Letter

Market One: Regency Silver Extends High-Grade Gold-Copper-Silver Discovery at Dios Padre in Mexico

(TSXV: RSMX) Regency Silver Corp. reviewed its 2025-2026 drill program at the Dios Padre project in Sonora, Mexico, highlighting new high-grade gold, silver, and copper results. The company is exploring for high-grade gold, copper, and silver in Mexico, with its flagship Dios Padre project returning significant drill results across an expanding gold-copper-silver discovery zone. The article examines Regency Silver's 2025-2026 drill programme at Dios Padre, against the backdrop of firm gold, silver, and copper prices and growing investor interest in high-grade discoveries in established mining jurisdictions. Regency Silver Corp. is a Canadian resource company. Market One is a Canadian marketing agency for public companies, delivering content creation and distribution. Bruce Bragagnolo is listed as CEO of Regency Silver Corp. The company projects continued growth of the mineralized system and its continuity across the breccia zone.

Rio2 Files Technical Report for Condestable and Publishes ESG Report

(TSX:RIO; OTCQX:RIOFF; BVL:RIO) Rio2 Limited announced that it has filed an independent technical report dated July 22, 2026, entitled “NI 43-101 Technical Report Condestable Mine, Lima Department, Peru” pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects. The Technical Report has an effective date of May 31, 2026, and supports the disclosure made by the Company in its news release dated June 23, 2026, announcing the update of resources and reserves for the Condestable Mine. The Technical Report was prepared by SLR Consulting (Canada) Ltd. with contributions from a team of Qualified Persons as defined by NI 43-101. The Company also announced the publication of its 2025 ESG Report, which reviews Environmental, Social, and Governance factors related to Rio2’s development activities at its Fenix Gold Project in Chile for the year 2025. Rio2 is currently producing gold at its Fenix Gold heap leach mine in Chile and copper/gold/silver at its recently acquired Condestable underground mine in Peru. The complete ESG report is available at https://www.onyen.com/published/RIO_2025_Annual_889.html. Management states that Rio2 is committed to the principles of responsible mining and best practices in corporate governance.

Lahontan Drills 9.9m Grading 2.40 G/t Au and 50.7 G/t Ag in Santa Fe Mine Stockpile

(TSXV:LG, OTCQB:LGCXF) Lahontan Gold Corp. announced the first drill results from its 2026 Sonic core drilling program at the Santa Fe Mine Project. Three Sonic core holes in a historic "low-grade" stockpile adjacent to Heap Leach Pad two returned an average grade of 2.3 g/t Au Eq. The Santa Fe Mine has a NI 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained. Historic production at Santa Fe was 359,202 ounces of gold and 702,067 ounces of silver from 1988-1995. Approximately 16 million tonnes of material were processed on the heap leach pads. CN-extractable gold assays range from 5% to 87% of the corresponding fire assay values, averaging more than 30%. The company targets a restart of the Santa Fe Mine project with a targeted return to production in 2027 and plans to complete an updated Mineral Resource Estimate and Preliminary Economic Assessment in 2026.

Element 29 Extends Mineralization in ELID035 With Longest Intercept of 1,534.6 M Grading 0.58% CuEq2 at Its Elida Porphyry Cu-Mo-Ag Deposit, Peru

(TSXV: ECU) Element 29 Resources Inc. announced assay results from three drill holes, including the extension of ELID035, at its Elida Porphyry Copper-Molybdenum-Silver Deposit in central Perú. Drill hole ELID035 intersected 1,534.6 metres grading 0.58% CuEq (0.34% Cu, 0.064% Mo, and 2.56 g/t Ag) from 56.6 m to 1,591.2 m, including 1,071.1 m grading 0.61% CuEq beyond the limits of the current Mineral Resource Estimate. ELID042 returned 805.8 m grading 0.36% CuEq from 123.7 m to 929.5 m, and ELID043 intersected 343.8 m grading 0.30% CuEq from 952.2 m to 1,296.0 m. A total of 4,885.5 m of drilling has been completed as part of the planned 10,000 m 2026 drill program, with two drill rigs currently active on site. The initial pit-constrained inferred Mineral Resource Estimate is 321.7 million tonnes grading 0.32% Cu, 0.03% Mo and 2.61 g/t Ag at a 0.2% Cu cutoff grade and a 0.74:1 modeled strip ratio. The company projects continued drilling to expand resources, de-risk the project, and unlock the full potential of the Elida system, with ongoing metallurgical test work and an upgraded environmental permit application advancing. Recent revisions to the DIA environmental certification are expected to authorize up to 60 drill platforms over an additional five-year period.

Sunshine Silver Mining & Refining Reports Drill Results Exceeding 1,000 Grams Per Tonne Silver From Multiple Zones Including New "10 Vein"

(NYSE: SSMR) Sunshine Silver Mining & Refining Company announced new results from its ongoing 50,000-metre drilling program at the Sunshine Mine, located in Idaho's Silver Valley. As of July 2026, the drilling program is approximately 60% complete, with three active drill rigs underground, and is on track for completion in October 2026. The results announced are from drilling completed between April 2026 and July 2026, comprising approximately 11,160 metres in 54 holes, and build on previous results covering approximately 19,160 metres in 91 holes. Selected new drill results include intercepts such as 0.11 metres of 32,331 gpt silver, 16.5% copper, 12.8% lead, and 11.1% antimony (35,370 gpt Ag-Eq in FS-ST71), and 2.19 metres of 1,135 gpt silver and 14.85% lead (1,404 gpt Ag-Eq in FS-ST75). The Sunshine Mine hosts an Indicated Mineral Resource of 103.9 million ounces of silver at an average grade of 1,022 gpt silver and an Inferred Mineral Resource of 159.8 million ounces of silver at an average grade of 776 gpt silver. At approximately 1,000 tpd, the mine is expected to produce an average of approximately 6.7 million ounces of silver per year in its first five years of production, and some 5.8 million ounces of silver annually over a 24-year mine life. The company projects a planned return to silver production in late 2028 and aims to double overall production volume from approximately 1,000 to 2,000 tonnes per day.

Sun Silver Expands Maverick Silver Project With Strategic Acquisition and Northern Land Consolidation

(ASX: SS1) (OTCQX: SSLVF) Sun Silver Limited has executed a binding agreement to acquire the 100% owned Bayan Springs North Project from Bayan Mining and Minerals Ltd (ASX: BMM), while simultaneously staking an additional 106 lode mining claims covering approximately 8.86km² immediately north-west of the Maverick Silver Project in Nevada, USA. The combined acquisition and staking significantly expands Sun Silver's landholding over the interpreted northwest structural corridor, now controlling approximately 15 kms of prospective strike, with only approximately 2.5 kms drill tested to date. A new Northern Target has been defined over a 2km arsenic-antimony anomaly, exhibiting key pathfinder geochemical signatures consistent with the 539Moz AgEq Maverick Silver Deposit. Exploration undertaken during 2025 resulted in the northwest expansion of the Mineral Resource Estimate, including a drill intercept of 70.1m @ 160g/t AgEq from 255.1m, including 22.4m @ 460g/t AgEq from MR25-211. Drilling, geological relogging, and detailed surface mapping completed between 2024 and early 2026 have refined the Company's understanding of mineralisation controls at Maverick. The acquisition is subject to customary completion conditions. The company projects that with the 2026 drill program ongoing and assay results expected shortly, it is well positioned to continue demonstrating the broader scale potential of the Maverick Silver Project.

Gold Runner Exploration Receives 5 Year Drilling Permit at Golden Girl Property, Golden Triangle B.C.

(CSE: GRUN) Gold Runner Exploration Inc. announced that it has received a 5-year drilling permit from the BC Ministry of Mines and Critical Minerals for its Golden Girl Property, valid until March 31, 2031, allowing for up to 100 drilling locations. The 2026 surface exploration program began with mobilization on July 12, 2026, and field work started on July 13, 2026, with the first batch of samples sent to MSA Labs in Terrace, BC for analysis on July 20, 2026. The Golden Girl Property covers 8,471 hectares in the Iskut River region of Northwestern British Columbia, located 17 km from the Snip Mine and 14 km from the Bronson Airstrip. Discovery exploration in 2024 identified a gold-silver system measuring 12 km by 7 km, with grab samples assaying up to 11.28 g/t Au, 3,262 g/t Ag, 5.37% Cu, 20% Pb, and 14.15% Zn, and channel cuts assaying up to 3.74 g/t Au, 2,105.45 g/t Ag, 0.88% Cu, 5.48% Pb, and 7.42% Zn. The company is fully funded for this season's surface exploration and its follow-on inaugural drill program. The 2026 exploration program includes an Airborne Magnetic survey and Radiometric survey (completed July 7, 2026), mapping, sampling, and channel cutting (under way July 13, 2026), and LiDAR survey and Photogrammetry (commencing August 12, 2026). The company projects that rock, grab, and channel cut sample batches will be shipped to the Lab at regular intervals throughout the summer 2026 field campaign.

Sun Summit Minerals Commences Fieldwork at the Theory Copper-Gold Project, Toodoggone Mining District, BC

(TSXV: SMN) (OTCQB: SMREF) Sun Summit Minerals Corp. has mobilized exploration crews to commence 2026 fieldwork at the Theory copper-gold project in north-central British Columbia. The Theory Project covers 9,676 hectares and borders Thesis Gold & Silver Inc.'s Ranch Project to the north, and is located within 10 km to the northwest of Sun Summit's JD Project. The 2026 work program includes a completed 476-line km Airborne MT geophysical survey, a 28-day field program underway, and up to 22-line kilometers of Induced Polarization (IP) geophysical surveys over high priority target areas. The 2025 field program included prospecting, geological mapping, and systematic rock, soil, and silt geochemical sampling, with notable grab sample results such as 4.78% Cu, 0.635 g/t Au, 49 g/t Ag (LSTHR040) and 6.42% Cu, 0.088 g/t Au, 99 g/t Ag (BLTHR051). Sun Summit signed an option agreement with Eagle Plains Resources Ltd. (TSXV: EPL) (OTCQB: EGPLF) to earn up to a 100% interest in the project, located in the Toodoggone Mining District. The company projects that the results from the 2026 work program will be analysed and modelled to identify and prioritize targets for 2027 drill testing. Fieldwork is expected to continue into September and is managed by TerraLogic Exploration Inc. of Cranbrook, BC.

Athena Gold Significantly Expands Forester Project Near Musselwhite, Ontario

(CSE: ATHA) Athena Gold Corporation has acquired, through map staking, an additional 3,939 hectares contiguous to its 100%-owned Forester project in Ontario's Musselwhite Gold Camp. The new claims expand the Forester project by more than 80% to a total of 8,843 hectares. At the Laird Lake project in Red Lake, Ontario, all core from the recently completed maiden drill program has been cut and submitted for laboratory analysis, with full assay results anticipated as early as next month. At the Excelsior Springs project in Nevada, Athena's option partner Mammoth Minerals Limited (ASX: M79) is conducting a maiden drill program at the Blue Dick target, testing extensions of high-grade mineralization previously reported at surface, including channel samples up to 17,582 g/t Ag and rock chips up to 15,336 g/t Ag, 7.46 g/t Au, 2.53% Cu, and 0.31% Sb. Mineralization has been mapped across a cumulative strike of more than 6.5 km at Blue Dick, and this is the first modern drilling of the silver-rich prospect. The Excelsior Springs project spans more than 2,500 hectares and includes at least three historic mines. The company projects that the maiden JORC Mineral Resource for the Buster Mine zone will be released later this quarter.

GPM Metals Advances District-Scale Sediment Hosted Massive Sulphide Exploration at Walker Gossan Project and Strengthens Technical Team for Next Phase of Growth

(TSXV: GPM) GPM Metals Inc. provided an exploration update for its Walker Gossan Project in Australia's Northern Territory, highlighting the completion of a 2,500-metre diamond drilling program across two priority gravity targets in 2025. The drilling intersected weak Zn, Pb, Ag mineralisation and ferroan dolomite alteration, with a mineralised interval of 5 m grading 0.63% Zn, 0.027% Pb and 0.64 g/t Ag from 781 m in hole WGD25003. The Walker Gossan Project covers 190,000 hectares and was purchased from Rio Tinto, located in East Arnhem Land NT, Australia within the Proterozoic McArthur Basin. The company mapped a highly prospective SHMS terrain defined by a major syn-sedimentary growth fault and an adjacent sub-basin depocenter extending over approximately 35 km of strike. GPM has strengthened its Australian technical team with consultant agreements with former Rio Tinto Exploration geologists Roger Norris and Hilke Dalstra. The company has established a focused 2026-2027 exploration program including mapping, geochemical sampling, airborne electro-magnetics, ground gravity, IP/Resistivity, and diamond/RC drilling. The company projects ongoing exploration to systematically advance newly identified drill targets and evaluate the potential to host a major concealed zinc-lead-silver discovery.

Americas Gold and Silver Corporation Announces Second Quarter Production

(TSX: USA) Americas Gold and Silver Corporation announced consolidated silver production of 665,000 ounces for the second quarter of 2026. The Company sold 624,000 ounces of silver during the quarter, with consolidated lead production at 2.3 million pounds, copper production at 850,000 pounds, and antimony production at 97,000 pounds. The unaudited consolidated cash balance as at June 30, 2026 was US$89 million. The No. 3 Shaft upgrades at the Galena Complex increased total hoisting capacity by approximately 150% and skipping payloads by 40%. During the second quarter, the Company eliminated over US$85 million in variable future debt obligations. The company projects full-year 2026 silver guidance of between 3.2 to 3.6 million ounces at all-in sustaining costs of US$30-US$35 per ounce, with production weighted to the second half of the year and associated lower costs.

T2 Metals Provides Exploration Update at Aurora Project, Yukon, Canada

(TSXV: TWO) (OTCQB: TWOSF) T2 Metals Corp. announced an update on its exploration program at the Aurora Gold-Silver Project in the Yukon's Tombstone Gold Belt, North America. The company has completed an airborne LiDAR survey at 10 pts/m2 sample spacing across the Project and collected more than 120 rock samples and 3,000 soil samples over a 10 km x 5 km area. The Aurora Project covers a district-scale land package of 76 km² and is located only 8 km west of Prospector Metals' ML Project, where recent drilling discovered 44 m averaging 13.79 g/t gold and 1.84% copper in hole ML25-31. Less than 3,000 m of total drilling has been completed at Aurora, with no work undertaken for over 15 years prior to T2 Metals' involvement. New discoveries include semi-massive stibnite mineralization in outcrop 300 m from the Antimony Mnt Prospect and semi-massive sulphide mineralization with chalcopyrite (visual estimate exceeds 15%) in rock float 300 m northeast of the Rainbow Prospect; assay results are pending. Drill site preparation is underway ahead of the proposed RAB drilling program, scheduled to begin in July/August 2026. The company projects that Aurora hosts multiple, potentially related, styles of mineralization warranting drill testing in 2026.

AbraSilver Announces C$45 Million “Bought Deal” Public Offering of Common Shares

(TSX: ABRA) AbraSilver Resource Corp. announced it has entered into an agreement with National Bank Financial Inc., Beacon Securities Limited and Raymond James Ltd. as co-bookrunners, under which the underwriters have agreed to purchase 3,062,000 common shares at a price of C$14.70 per share for aggregate gross proceeds of C$45,011,400. The underwriters have an option to purchase up to an additional 339,000 common shares at the same price, exercisable within 30 days after closing, for additional gross proceeds of $4,983,300. The net proceeds will be used to fund the advancement of the 100%-owned Diablillos silver-gold project in the Salta province of Argentina, including early works and long lead time equipment procurement, and for general corporate purposes. The closing date of the offering is expected to occur on or about July 29, 2026, subject to certain conditions including receipt of all necessary approvals, including conditional approval from the Toronto Stock Exchange. The common shares will be offered publicly in all provinces and territories of Canada, except Quebec, by way of a prospectus supplement to the company’s short form base shelf prospectus dated December 16, 2025. The company has entered into an earn-in option and joint venture agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. The company projects that the recently completed Definitive Feasibility Study highlights Diablillos as a robust, high-margin, long-life precious metals project with significant production potential and substantial exploration upside.

Defiance Silver Drilling Returns up to 1,470 G/t Ag From San Acacio Diamond Drill Program

(TSXV: DEF) Defiance Silver Corp. provided an update on its current drilling campaign at the Zacatecas Project, reporting results from holes DDSA-26-82 through DDSA-26-88, representing 1,700 m of drilling. A total of 4,658 of the 10,000m diamond drill program has been reported to date, with 6,132m completed in 21 holes. Highlights include DDSA-26-83 returning 2.60m of 227.00 g/t Ag and DDSA-26-85 intersecting 0.35m of 1,470.00 g/t Ag. The remaining 3,868 meters of the 10,000m drill program are allocated to testing highly prospective targets at the 4,217 Ha Zacatecas Project. The company commenced its current diamond drill program on September 12, 2025, with the objective of advancing and expanding understanding of the San Acacio resource area. Management believes that improved understanding of structural controls will play an important role in unlocking additional exploration potential across the district. The company projects that these results further highlight the opportunity to grow the resource and unlock additional value from this highly prospective silver district.

Great Southern Mining Launches Gold Fields-Funded Mt Dillon Drilling

(ASX:GSN) Great Southern Mining has started diamond drilling at the Mt Dillon target within its Edinburgh Park project in northern Queensland. The initial program consists of up to 1,300m of drilling, managed and funded by G-Ex Resources under an earn-in arrangement that allows Gold Fields to spend up to A$15 million for a 75% project interest. Edinburgh Park is located about 100 kilometres southeast of Townsville and targets high and low epithermal gold-silver systems, porphyry gold-copper-molybdenum mineralisation, and intrusion-related gold (IRG) systems. Gradient array IP surveying completed in early 2025 defined a large chargeability anomaly directly below Mt Dillon, with a follow-up IP section identifying the chargeable response about 200m to 300m below surface. The planned holes will be drilled to proposed depths of 575m and 700m from a shared collar location at different azimuths. Drilling is expected to take four to six weeks, with core logging, photography, and sampling to follow. Great Southern expects the scale of the project to generate further targets beyond Mt Dillon as geochemical and geophysical work continues through 2026 and 2027.

Cobre Accelerates Botswana Copper Push With Equinor Collaboration

(ASX:CBE) Cobre has signed a collaboration agreement with Equinor to evaluate leaching solution performance and in situ copper recovery (ISCR) parameters at its wholly owned Ngami copper project in Botswana. Commissioning of the Ngami project’s well-field has started with initial water injection and flow testing, and community engagement for a proposed ISCR demonstration plant has been completed as part of the Environmental Impact Assessment. Five new diamond holes at the Cosmos target confirmed copper-silver mineralisation across 800 metres of strike, returning intervals of 4.74m to 5.84m at 0.5% to 0.73% copper and 10.3 grams per tonne to 17.4g/t silver, with every hole including a higher-grade zone above 1% copper. Cosmos forms part of an Exploration Target estimated at 205 million tonnes to 308Mt grading 0.31% to 0.46% copper and 5.5g/t to 8.3g/t silver, about 8km along strike from the Comet deposit. Phase three drilling at Okavango intersected anomalous copper mineralisation in five of nine completed holes across 1,363 square kilometres, and Sinomine’s initial A$1.5 million investment has been extended to a second round of target drilling. The two Kitlanya projects are funded under a US$25m earn-in option worth about A$40m, intended to map the Kalahari Copper Belt basin structure and identify structural traps. The company projects that these workstreams further advance Cobre’s wholly owned Ngami ISCR production opportunity, while leveraging partner-funded research and exploration across the broader portfolio to provide significant discovery upside.

Bayan Mining and Minerals Divests Bayan Springs North Project to Sun Silver

(ASX: BMM) Bayan Mining and Minerals has announced the divestment of its non-core Bayan Springs North project in the US to Sun Silver (ASX: SS1) that will raise up to $800,000. Sun Silver has the right to re-purchase 0.5% of the attached net smelter royalty (NSR) for $2 million. The transaction provides Bayan with immediate non-dilutive funding, deferred consideration, a performance milestone payment, and ongoing NSR over future precious metals production. Bayan Springs North is prospective for sediment-hosted precious metals mineralisation, and Bayan will retain full ownership and control of the Bayan Springs South project, which has returned high‑grade surface assays of up to 8.25 grams per tonne gold. The acquisition adds 116 claims (or 10 square kilometres) to Sun Silver's landholding and secures continuous control of the northwest extension of its Maverick silver project, which has an inferred resource of approximately 237 million tonnes at 71 grams per tonne silver equivalent. Proceeds from the divestment will be allocated towards Bayan’s other exploration assets, including the Desert Star rare earth project and development of four new rare earth processing technologies licenced from the Colorado School of Mines. The company projects to commercialise these technologies across its own resource assets, third-party rare earth resources, and defence applications with the aim of building a secure vertically integrated rare earths supply chain.

Silver Acadia Reports Additional High-Grade Silver-Gold Results and Completed a Geological Study for Future Drill Targets

(CSE: SLA) Silver Acadia Exploration Inc. announced additional high-grade assay results from the Phase 1 drill program at the Hachey Zone on its flagship Nicholas-Denys Project. The company reported assay highlights including 0.95 m @ 1,210.1 g/t Ag, 4.6 g/t Au, 4.82% Zn and 5.38% Pb (0.95 m @ 1,426.9 g/t AgEq) in hole ND26-007A, and 3.85 m @ 71.4 g/t Ag, 0.2 g/t Au, 2.24% Zn and 0.91% Pb in hole ND26-009. The structural study by Terrane Geoscience Inc. identified a mineralized corridor extending approximately 3 kilometres, with multiple connected zones grading over 100 g/t Ag, and confirmed that the principal silver-gold-zinc mineralization is structurally controlled. The company controls more than 250 km² of prospective mineral claims in New Brunswick, Canada, and the drilling campaign at the Hachey Zone commenced in January 2026. The company projects that additional drilling and geological work are required to confirm the continuity and extent of the mineralized corridor and to better understand and target higher-grade gold mineralization across the Hachey system. The study also identifies a potential third and younger gold-bearing mineralization event that may overprint the two earlier silver-rich systems. All assay values are uncut, and intervals reflect drilled intercept lengths; true widths have not been determined as the mineralized body remains open in all directions.

Sunrise Resources: New Copper-Silver-Gold Project, Nevada

(LSE: SRES) Sunrise Resources Plc announced it has established a new copper-silver-gold project in Nevada, USA, named the Lake Copper-Silver-Gold Project, after securing a lease & option to purchase agreement over a mining claim and staking a further ten adjacent mining claims. Drill intersections include 50m grading 0.73% copper, 31g/t silver and 0.2g/t gold from surface, with company surface samples assaying up to 198g/t silver, 0.13% copper and 0.3g/t gold. The project is located at the south-west end of the Humboldt Range, 98km east-northeast of Reno, with access from Interstate Highway I-80 and Highway 95. The lease/option agreement includes a 7-year term (extendable to 21 years), a nominal payment of US$100 on signing, annual payments starting at US$5,000 and rising to $20,000, a 2% NSR royalty (buyable for US$500,000), and an option to purchase the claim for $150,000. Fourteen shallow holes (mainly <100m deep, max 150m) were drilled in the claim area by Utah International in the 1980s, with significant intersections including hole MH-4. The company is targeting an intrusion related copper-precious metals deposit and plans next steps including geophysical surveying and follow up drilling as resources allow. Management states that the path forward for this project is clear with the next steps already defined.

Orestone Advances Exploration at Tom East and Kelly Gold Zones on the Francisca Gold Silver Property in Salta Province Argentina

(TSXV: ORS) Orestone Mining Corp. announced that follow-up exploration is underway at the recently discovered Tom East and Kelly gold zones along the Francisca Gold Trend. The Francisca Gold-Silver Project covers 23 square kilometres and is located in Salta Province, northwestern Argentina, approximately 80 kilometres northwest of the city of Salta. The Francisca Gold Trend now covers a northwest strike length of 1500 metres, with a 1700 metre long by 500 to 700 meter wide induced polarization (IP) chargeability anomaly of 7.9 mV/V. During the recent Phase I exploration program, hand trench sampling at Tom East yielded 4.45 g/t gold over 21 metres in Trench 6B. At the Kelly Gold Zone, mapping and sampling defined a 50 metre wide quartz-limonite vein stockwork zone grading 0.37 g/t gold and 2.15 g/t silver. The Captain Gold-Copper Project in British Columbia, Canada is 100 percent owned by the company and is permitted for 79 drill locations. The company projects that its near-term objective on the Francisca Gold Project is to define an oxide gold deposit mineable by open pit methods.

Mexican Gold Mining Corp. and Alcon Silver Corp. Complete Arrangement to Create Platauro Metals Corp., a Diversified Precious Metals Exploration Company

(TSXV: PURO) Platauro Metals Corp. announced the successful completion of its plan of arrangement, acquiring all issued and outstanding common shares of Alcon Silver Corp. in exchange for Platauro shares, resulting in former Alcon shareholders holding approximately 53% of Platauro on a non-diluted basis. A total of 40,797,830 Consideration Shares were issued to Alcon shareholders at a deemed price of approximately $0.27 per share, for aggregate deemed consideration of approximately $10,879,640. The company completed a consolidation of its outstanding common shares on a 1.6667-for-one basis and changed its name from "Mexican Gold Mining Corp." to "Platauro Metals Corp.". Platauro also completed a non-brokered private placement of 11,495,000 subscription receipts at a price of $0.20 per Subscription Receipt for aggregate gross proceeds of $2,299,000. Each Warrant issued in the financing entitles the holder to acquire one common share at an exercise price of $0.30 per share for a period of thirty (30) months following the closing date. The net proceeds of the Concurrent Financing will be used for exploration of the Princesa project, exploration of the Rowdy claim at Tatatila, legal fees associated with the Las Minas claims dispute, and for general corporate and working capital purposes. The company projects growth, development and exploration activities at the Las Minas and Princesa projects.

AbraSilver Intersects 109 Metres of 221 G/t Silver and 0.72 G/t Gold at Oculto West, Including 14 Metres of 580 G/t Silver

(TSX: ABRA) (OTCQX: ABBRF) AbraSilver Resource Corp. reported new assay results from its ongoing Phase VI drill program at the wholly-owned Diablillos project in Argentina. Hole DDH 26-036 intersected 109.0 metres grading 221.2 g/t silver and 0.72 g/t gold from 114.0 m downhole at Oculto West, including a higher-grade interval of 14.0 m at 580 g/t silver and 0.23 g/t gold. The same hole also encountered 7.6 m of 0.73% copper from 240.5 m and 15.0 m of 0.54% copper from 269.0 m beneath the oxide zone. Hole DDH 26-022 along the JAC-Oculto trend intersected 63.0 m grading 32.8 g/t silver from 60.0 m, including 11.0 m of 101.4 g/t silver. The most recent tank and heap leach Mineral Resource estimate for Diablillos, as of April 30, 2026, shows Measured & Indicated Oxides of 231,981,000 tonnes grading 33 g/t silver and 0.34 g/t gold, containing 248,053,000 oz silver and 2,542,000 oz gold. Following completion of the DFS in June 2026, the Project hosts Proven and Probable Mineral Reserves of 77.9 Mt grading 146 g/t silver equivalent, containing 184 Moz of silver and 1.8 Moz of gold (366 Moz AgEq). The company projects that these results will support expansion of the precious metals Mineral Resources in the oxide zone and will be incorporated into an updated Mineral Resource estimate.

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