Silver Storm在Norte-Sur区域最后一个回采面下97米处钻得银当量品位436克/吨的4.5米矿段

安大略省多伦多，2023年11月21日：Silver Storm Mining Ltd. (“Silver Storm”或“本公司”) (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR)欣然宣布本公司位于墨西哥杜兰戈州、100%拥有的La Parrilla银矿综合体第一阶段金刚石钻探计划的第二组钻探结果。本新闻稿中的两个钻孔的结果来自Quebradillas矿。

关键亮点包括：

钻孔Q-23-007成功与Norte-Sur区域相交，获得了银当量品位324克/吨的8.72米长的矿段，其中包括银当量品位436克/吨的4.46米矿段以及银当量品位330克/吨的2.26米矿段。这个截面位于该区域上一次矿山开发工作面下方约97米处，具有类似的高品位矿化物：

– 在标高中段1749获得银当量品位358克/吨的矿段，走向长度51米，宽度3.6米

– 在标高中段1737获得银当量品位407克/吨的矿段，走向长度28米，宽度3.2米

钻孔Q-23-007还成功地钻到了一个新的区域，得到了银当量品位357克/吨的1.77米矿段，其中有一段金品位高达4.07克/吨。钻孔Q-23-006成功穿过了一个新的置换矿化带，得到了银当量品位1085克/吨的0.82米矿段以及银当量品位633克/吨的0.44米矿段。

本公司总裁兼首席执行官Greg McKenzie表示，“Quebradillas矿区的钻探结果继续验证了我们的推断，即在以前开采过的工作面中高品位矿化物可能向下延伸，这一次是在97米处。我们还在等待有类似地质特征的钻孔Q-23-008（位于西北方向约30米处）的测定结果。在钻孔Q-23-006中发现的新的高品位区也非常有意思，我们将在下一阶段的钻探中继续跟进。Quebradillas矿的钻探结果增强了我们对La Parrilla矿能够重新投产的理解和信心。2024年，Silver Storm将着手进行技术研究，目标是在2025年重建采矿业务。”

钻孔Q-23-007

钻孔Q-23-007的目标是Quebradillas矿区内的Norte-Sur延伸段，该钻孔成功穿过了石英-碳酸盐-萤石脉、角砾岩和置换矿化物，得到银当量品位324克/吨的8.72米长的矿段（173.04至181.76米），其中包括银当量品位436克/吨的4.46米矿段（173.04米至177.50米）以及银当量品位330克/吨的2.26米矿段（179.50米至181.76米）- 见表1；图1、图2和图3。

这个截面位于该区域上一次矿山开发工作面下方约97米处，具有类似的高品位矿化物：

在标高中段1749获得银当量品位358克/吨的矿段，走向长度51米，宽度3.6米在标高中段1737获得银当量品位407克/吨的矿段，走向长度28米，宽度3.2米；然而，在该矿被置于维护和保养之前，此前的运营商只将回采面开采了约50%

钻孔Q-23-008也切入了Norte-Sur区，目前正在等待化验结果。

出乎意料的是，钻孔Q-23-007还切入了一个不常见的电气石角砾岩管，获得了一段金品位4.07克/吨的1.77米矿段（133.00米至134.77米）。

钻孔Q-23-006

钻孔Q-23-006成功穿过了一个新的置换矿化带，得到了银当量品位1085克/吨的0.82米矿段（40.03米至40.85米）以及银当量品位633克/吨的0.44米矿段（58.26米至58.70米）。历史钻孔ILP-Q-14-02在47米外也曾观察到类似的矿化现象，该钻孔曾获得银当量品位1019.5克/吨的1.05米矿段，本公司将在下一阶段钻探中对此进行跟进。

表1 – 钻孔Q-23-006和钻孔Q-23-007中的精选矿段

区域钻孔从至长度(米)银当量(1) 克/吨银克/吨黄金克/吨铅%锌%铜%新区域Q-23-00640.0340.850.821,0854190.5312.3310.720.09新区域Q-23-00658.2658.700.446332000.196.628.810.10           新区域Q-23-007133.00134.771.77357254.070.130.050.06NSQ-23-007165.77166.070.304401410.146.494.160.02NSQ-23-007169.12171.402.28240670.043.143.160.02NSQ-23-007173.04181.768.723241250.042.394.830.06 包括173.04177.504.464361870.033.915.200.05 以及179.50181.762.26330970.051.297.150.08历史区域ILP-Q-14-0224.2525.301.051,0203220.169.4915.80.07

表2 – 历史槽探取样样本结果 (2) – Norte-Sur区

区域槽样段宽度银当量(1) 克/吨银克/吨铅%锌%NSVNS-1737-165.70109647411.7111.28NSVNS-1737-135.005281855.077.62NSVNS-1737-104.303851563.265.17NSVNS-1737-72.10830.060.16NSVNS-1737-42.354841784.526.81NSVNS-1737-11.8562210.790.72NSVNS-1737-022.25200671.733.19NSVNS-1737-053.054972085.125.57NSVNS-1737-082.304292244.263.35NSVNS-1737-0112.903801655.402.55NSVNS-1749-0184.005322845.223.94NSVNS-1749-0152.708193918.857.00NSVNS-1749-0113.802881583.121.69NSVNS-1749-084.2057250.450.75NSVNS-1749-054.002021042.021.62NSVNS-1749-023.35173782.760.76NSVNS-1749-14.152801213.951.93NSVNS-1749-43.80122048.840.90NSVNS-1749-74.0556321411.321.63NSVNS-1749-102.80330.000.00NSVNS-1749-133.053041433.612.37NSVNS-1749-163.557834109.564.27NSVNS-1749-193.808554139.516.87NSVNS-1749-223.305772898.032.66NSVNS-1749-253.4090361.520.48NSVNS-1749-283.305412556.623.96NSVNS-1749-313.80177722.401.48NSVNS-1749-343.0075330.960.57本新闻稿中的所有结果均已四舍五入。化验样本未经切割和稀释。宽度为岩心长度，而非实际宽度。白银当量的计算采用的金属价格分别为：白银22.50美元/盎司、黄金1800美元/盎司、铅0.94美元/磅、锌1.35美元/磅。计算了回采面上每条槽探通道矿化宽度的加权平均品位（图1和图2）。

样本分析和质量保证/质量控制计划

Silver Storm采用质量保证/质量控制计划，监控样本的监管链，包括在每批送去分析的样本中插入空白、副本和参考标准。对钻探岩芯进行拍照、记录并一分为二，一半保留在安全地点以备核查，另一半运去分析。样本制备（破碎和粉碎）在位于墨西哥萨卡特卡斯的独立ISO 9001:2001认证的实验室ALS Geochemistry进行，矿浆被送往加拿大温哥华进行分析。将整个样品粉碎到70%通过-2毫米，然后取250克的裂纹分装，粉碎到85%以上通过75微米。从30克的矿浆中用AAS（Au-AA23）标准火法分析样品的金含量。对于大于10克/吨的金，则用30克矿浆用火法（Au-GRA21）重新分析。此外，还使用34元素电感耦合等离子体法（ICP）和原子发射光谱法（AES）对经王水消化的矿浆（ME-ICP61）进行样品分析。采用ICP-AES(ME-OG62)四酸消化超限法重新测定银(>100克/吨)、铅(>1%)、锌(>1%)和铜(>1%)的超限样品值。对于银值大于1500克/吨的样品，使用30克矿浆（Ag-GRA21）的火法测定法进行重新测定。本文报告的结果没有发现质量保证/质量控制问题。

合资格人士的审查和质量保证/质量控制

本文件中的科学和技术信息已由专业地质学家Bruce Robbins审查和批准，他是National Instrument 43-101所定义的合资格人士。

Silver Storm Mining Ltd. (前身为Golden Tag Resources Ltd.)概况

Silver Storm Mining Ltd.拥有位于墨西哥杜兰戈州的高级银矿项目。该公司最近完成了对La Parrilla银矿综合体的收购，这是一个多产的采矿综合体，由一个日均加工2000吨矿石的加工厂以及五个地下矿和一个曾经生产过的露天矿组成，在2005年至2019年期间共生产了3430万盎司白银当量。本公司还拥有墨西哥最大的未开发白银资产之一—San Diego项目。有关本公司及矿产项目的更多信息，请访问我们的官方网站 www.silverstorm.ca.

欲了解更多信息，请联系：

Greg McKenzie，总裁兼首席执行官

电话：+1 (416) 504-2024

[email protected]

多伦多证券交易所创业板及其监管服务提供商（该术语定义参见多伦多证券交易所创业板的政策）均不对本新闻稿的充分性或准确性承担责任。

Cautionary Note Regarding Forward Looking Statements:

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management and Qualified Persons (in the case of technical and scientific information) expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the future exploration performance at La Parrilla, the timing and extent of the drill program, the ability to increase Mineral Resources therein, and the ability to eventually place the La Parrilla Complex back into production.

In making the forward-looking statements included in this news release, the Company and Qualified Persons (in the case of technical and scientific information) has applied several material assumptions, including that the Company´s financial condition and development plans do not change because of unforeseen events, that future metal prices and the demand and market outlook for metals will remain stable or improve, management’s ability to execute its business strategy and no unexpected or adverse regulatory changes with respect to La Parrilla. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, there being no assurance that the Company’s current and future exploration programs will grow the Mineral Resource base or upgrade Mineral Resource confidence, the risk that the assumptions referred to above prove not to be valid or reliable, the risk that the Company is unable to achieve its goal of placing La Parrilla back into production; market conditions and volatility and global economic conditions including increased volatility and potentially negative capital raising conditions resulting from the continued or escalation of the COVID-19 pandemic, risk of delay and/or cessation in planned work or changes in the Company’s financial condition and development plans; risks associated with the interpretation of data (including in respect of third party mineralized material) regarding the geology, grade and continuity of mineral deposits, the uncertainty of the geology, grade and continuity of mineral deposits and the risk of unexpected variations in Mineral Resources, grade and/or recovery rates; risks related to gold, silver and other commodity price fluctuations; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour, the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses and permits and the presence of laws and regulations that may impose restrictions on mining, including the Mexican mining reforms; risks relating to environmental regulation and liability; the possibility that results will not be consistent with the Company’s expectations.

Such forward-looking information represents managements and Qualified Persons (in the case of technical and scientific information) best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

图 1：Norte-Sur区1749标高中段及以下平面图

图 2：Norte-Sur区1749和1737标高中段回采面槽探样本东南斜视图

图 3：Norte-Sur区纵断面-朝西南方向的视觉图