Mr. Glen Watson reports

MAVERICK GOLD AND SILVER RECEIVES MINES ACT PERMIT FOR SILVER VISTA PROPERTY, BRITISH COLUMBIA

Maverick Gold and Silver Corp. has received a Mines Act permit and multiyear area-based exploration approval from the B.C. Ministry of Mining and Critical Minerals, mines competitiveness and authorizations division, for its Silver Vista silver-copper property located approximately 55 kilometres northeast of Smithers, B.C.

The approval, which includes Mines Act permit and cutting authorization No. MX-100000825, authorizes mineral exploration activities outlined in the company's notice of work and reclamation program and remains in effect until March 31, 2031. The permit provides Maverick with the ability to undertake a broad range of exploration activities, including diamond drilling, geological mapping, geochemical sampling, geophysical surveys, access trail construction and related exploration programs designed to advance the Silver Vista project over a multiyear period.

"This permit represents an important milestone for Maverick as it provides the regulatory framework required for us to systematically advance Silver Vista over the next five years," stated Glen Watson, president and chief executive officer of Maverick. "Silver Vista is a large, district-scale silver-copper project with demonstrated mineralization and significant exploration upside. With permitting now secured through March, 2031, we can focus on executing our fully funded 2026 program that includes a planned diamond drilling program aimed at expanding known mineralized horizons and testing several high-priority targets. The permit provides the flexibility to undertake multiyear exploration programs and positions Maverick to unlock the broader potential of this highly prospective silver-copper system."

New claim granted: The company also announces that it has received formal confirmation from the B.C. Ministry of Mining and Critical Minerals, mineral titles branch, that mineral claim No. 1133268, which was applied for in January, 2026, has been granted.

This claim is north of, and contiguous with, the Silver Vista property and is 295.4 hectares in size.

The Silver Vista property is composed of 12 mineral claims and covers 5,134.5 hectares, or 51.35 square kilometres.

Six additional claims that were applied for at that time remain to be granted to the company.

About the Silver Vista silver-copper property

The Silver Vista silver-copper property is a district-scale, 5,134.5-hectare (12,688-acre), road-accessible exploration project located approximately 55 kilometres northeast of Smithers, B.C., within the prolific Skeena mining division. The property hosts multiple stratiform, sediment-hosted silver-copper horizons and remains significantly underexplored despite encouraging historical drill results and numerous untested targets.

Historical drilling completed by previous operators intersected broad zones of silver and copper mineralization, including 46 metres grading 48 grams per tonne silver and 0.62 per cent copper, with higher-grade intervals reported within the mineralized zone. Numerous geophysical and geochemical anomalies remain untested.

The historical drilling results referenced above are taken from prior operators' work and predate Maverick's involvement with the property. A qualified person has not independently verified these data, and the company is not treating the historical results as current mineral resources or mineral reserves. The reported interval represents historical drill core length, and true width has not been determined. Additional exploration, including drilling, sampling and assay verification, will be required to confirm and validate the historical information.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Helgi Sigurgeirson, PGeo, an independent qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Maverick Gold and Silver Corp.

Maverick is an exploration-stage company advancing a portfolio of high-potential gold, silver and copper properties. The company has focused on British Columbia and Nevada, mining-friendly jurisdictions that have established infrastructure, predictable permitting and supportive regulatory frameworks.

We seek Safe Harbor.