Mr. John Miniotis reports

ABRASILVER APPOINTS MARIE INKSTER AS DIRECTOR AND CHAIR OF THE BOARD

Abrasilver Resource Corp.'s board of directors has unanimously appointed Marie Inkster as a director of the company, effective immediately.

Ms. Inkster will take over as chair of the company's board of directors, replacing Robert Bruggeman, who will continue to serve as a director.

Ms. Inkster is a very highly accomplished mining executive and corporate director with more than 25 years of international experience spanning corporate leadership, finance, governance and capital markets. From 2018 to 2021, she served as president and chief executive officer of Lundin Mining Corp. after nearly a decade as its chief financial officer. She currently serves on the boards of Cameco Corp. and Foran Mining Corp., and has also held board roles with global mining leaders including Vale SA and Lucara Diamond Corp.

Rob Bruggeman, outgoing chair, stated: "We are delighted to welcome Marie as the new chair of Abrasilver. Her exceptional leadership track record with large mining companies and deep capital markets experience will be invaluable as the company focuses on development of the Diablillos project. I am proud of how far the company has come and look forward to continuing to serve on the board and working with Marie."

Marie Inkster, chair of the company, stated: "I am excited to be joining Abrasilver at this pivotal time in the company's development. John Miniotis, the board and the entire Abrasilver team have done an exceptional job of rapidly advancing the flagship Diablillos project and creating significant value. I look forward to contributing as the company looks to the future and the opportunities for continuing value growth."

About Abrasilver Resource Corp.

Abrasilver is an advanced-stage exploration company focused on rapidly advancing its 100-per-cent-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina. The current measured and indicated mineral resource estimate for Diablillos (tank leach only) consists of 73.1 million tonnes grading 79 grams per tonne silver and 0.66 g/t gold, containing approximately 186 million ounces silver and 1.6 million ounces gold, with significant further upside potential based on recent exploration drilling. The company is led by an experienced management team and has long-term supportive shareholders. In addition, the company has an earn-in option and joint venture agreement with Teck on La Coipita project, located in the San Juan province of Argentina. Abrasilver is listed on the Toronto Stock Exchange under the symbol ABRA and in the United States on the OTCQX under the symbol ABBRF.

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