Heliostar CEO, Charles Funk, commented, “The Ana Paula project continues to deliver exceptional results. Drill results are exceeding expectations at every point. The widths of the intercepts, the consistency in the grades, and the improvements in drill intersections over the PFS resource continue to be impressive. As we better define the limits of the High Grade Panel, today from the down-plunge target area, we believe that there is a clearly significant potential for an increase in total ounces and grade in the upcoming resource update.”

Scott Smith, Executive Vice President of Exploration added, “We are successfully executing a two-pronged approach to exploration: firstly, drilling resource expansions at Z-T, Central and Guadalupe Zones, the three areas that form our current mineral resource estimate, and secondly, exploring a growing number of new, generative targets.”

“We are delighted that the time and effort spent over the past year on the sampling program, structural studies, and geophysics has paid off with these high-grade silver discoveries,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “Cutting new native silver structures -including one reporting 9 metres of over 600 g/t Silver- shows that a disciplined, district-scale approach to exploration can lead to discovery. Going forward our team will test this model against our upcoming drill targets in our campaign to search for the silver and gold veins of Batopilas.”

Jody Kuzenko, President & CEO stated: “The geology of the Morelos Property continues to impress and support our strategy to enhance the production and cash flow profile beyond 2027 and extend the overall life of the Morelos Complex. The focus of our renewed investment in exploration and drilling is on expanding the resource potential of the Media Luna Cluster and making stand-alone discoveries across the broader Morelos Property.”

Paul Weedon, Senior Vice President of Exploration, commented, “Drilling by the mine geology team recognized a new blind zone of alteration and brecciation, resulting in the intersection of 1,299 g/t Ag Eq over 9.9 meters in drill hole SJOM-1387, and 621 g/t Ag Eq over 5 meters in drill hole SJOM-1391. This new zone has been named the Yessi vein.”