Mr. John Miniotis reports

ABRASILVER CONSOLIDATES DIABLILLOS FOOTPRINT WITH MULTIPLE ACQUISITIONS TO ADD FUTURE EXPLORATION UPSIDE AND EXPANSION POTENTIAL

Abrasilver Resource Corp. has entered into agreements with multiple arm's-length parties to acquire several strategic mining properties in the vicinity of its flagship Diablillos project in Argentina. These acquisitions will significantly expand the company's exploration pipeline and secure critical infrastructure optionality for future production expansion scenarios.

John Miniotis, president and chief executive officer, commented: "These strategic acquisitions represent a proactive step in derisking and enhancing the long-term value of the Diablillos district. By expanding our land position and securing essential infrastructure rights now, we are providing the company with the flexibility and optionality required to scale the project well beyond the base-case parameters of our upcoming definitive feasibility study, including life-of-mine extension and throughput expansion."

The total consideration to be paid is approximately $4.65-million (U.S.), consisting of $3.70-million (U.S.) in total cash payments and approximately $950,000 (U.S.) in common shares of Abrasilver. In total, these properties add more than 6,200 hectares to the company's land package around the Diablillos project.

Bianca X and El Chanal: securing access to additional water resources

The company has acquired the Bianca X mining property and has entered into an option agreement to acquire the El Chanal mining property, each located in San Antonio de los Cobres, Salta province, Argentina.

While the company's coming definitive feasibility study in respect of the project focuses on a robust production scenario based on secured water rights, these land parcels provide the company with additional access to water to support potential future expansions at the project beyond the base-case throughput of 9,000 tonnes per day.

Condoryacu and Maria Amalia: future exploration targets

The company has entered into agreements to acquire the Condoryacu project along with the Maria Amalia I concession. Condoryacu is located adjacent to the existing Diablillos land package, and is considered a district-scale target with both exploration and potential water resource significance.

Historical data and surface sampling at Condoryacu have identified gold and silver mineralization adjacent to Diablillos associated with a hydrothermal breccia system with similarities to the deeper parts of the Oculto system. Mineralization at Condoryacu appears to include a sulphide component, which differs from the predominantly oxide mineralization currently defined at Diablillos and will require additional technical and metallurgical evaluation. In addition, the area is considered prospective for potential water resources, which could provide long-term strategic optionality for future project expansion scenarios.

Under the terms of the option agreement, the company has made an initial payment and will complete certain technical work programs, prior to making a final decision to exercise the option. The remaining option payment is payable only at the company's election, subject to completion and internal approval of technical evaluations.

Mi Belelo III and Natalia: district consolidation

The company has further consolidated its regional footprint by acquiring the Mi Belelo III and Natalia properties. These concessions are strategically located to protect the company's exploration upside and provide additional surface rights for future project infrastructure. By securing these properties, the company now controls a more contiguous and expanded land package, ensuring a clear path for large-scale development.

Transaction details

The company has reached the following terms for the acquisitions:

• Bianca X: acquired for $100,000 (U.S.) in cash and the issuance of 94,650 common shares of Abrasilver;
• El Chanal: the company has the option to acquire El Chanal for cash consideration of $350,000 (U.S.), exercisable by May 7, 2026;
• Condoryacu: the company has made an upfront cash payment of $250,000 (U.S.) and has the option to acquire the Condoryacu project for an additional payment of $2.5-million (U.S.), exercisable by March 15, 2026;
• Maria Amalia I: the company has the option to acquire the Maria Amalia concession for cash consideration of $250,000 (U.S.), exercisable by March 15, 2026;
• Mi Belelo III: the company has acquired the Mi Belelo III property for cash consideration of $250,000 (U.S.);
• Natalia: the company has acquired the Natalia property for cash consideration of $250,000 (U.S.).

The issuance of the consideration shares has been conditionally accepted by the Toronto Stock Exchange, and the consideration shares are subject to a statutory hold period of four months and one day.

About Diablillos

The Diablillos property is located within the Puna region of Argentina in the southern part of Salta province along the border with Catamarca province, approximately 160 kilometres southwest of the city of Salta and 375 km northwest of the city of Catamarca. Abrasilver acquired the property in 2016, which comprises 15 contiguous and overlapping mineral concessions with excellent year-round road access.

Exploration to date has outlined multiple occurrences of silver-gold oxide mineralization at Oculto, JAC, Laderas and Fantasma, located within a 500-metre-to-1.5-kilometre distance surrounding the Oculto/JAC epicentre. To date, over 150,000 metres have been drilled on the property, which continues to demonstrate the strong growth potential of shallow, oxide-hosted silver and gold resources. In addition, a large porphyry complex is centred approximately four km northeast of Oculto, which includes outcropping porphyry intrusions within a major zone of alteration and associated gold-rich epithermal mineralization.

Qualified person

David O'Connor, PGeo, chief geologist for Abrasilver, is the qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), and he has reviewed and approved the scientific and technical information in this news release.

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 of silver and 1.6 Moz of 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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