Mr. Ralph Shearing reports

PRINCE SILVER APPOINTS DIRECTOR AND ANNOUNCES SUMMER DRILLING

Prince Silver Corp. (formerly Hawthorn Resources Corp.) has appointed Darrell Rader, BBA, as a director of the company.

Mr. Rader brings over 20 years of experience in silver mining and exploration, having played a key role in acquiring and developing several silver projects. With a proven record of raising over $150-million for mineral exploration, he offers valuable connections with institutional investors and bankers, enhancing Prince Silver's strategic network.

Mr. Rader is currently the president and chief executive officer of Minaurum Gold Inc., a silver exploration company based in Mexico. He is also the founder of Defiance Silver Corp. and has previously served as head of corporate development at Impact Silver Corp., a silver mining company. Mr. Rader holds a BBA in finance from Simon Fraser University. Mr. Rader will fill the vacancy left by Daniel Joyce who has resigned from the company's board of directors as of July 14, 2025.

"We are delighted to welcome Darrell to our board as an independent director as we continue to aggressively focus on becoming a leading silver explorer," said Ralph Shearing, PGeol, president. "Darrell brings a strong track record, having successfully guided multiple silver companies from exploration through to development.

"I would also like to extend my gratitude to Daniel Joyce for his leadership and invaluable contributions as former CEO and as a board member since the company's initial public offering. We wish him all the best in his future endeavours."

Fully financed summer drilling

This board change comes at a pivotal moment for Prince Silver. With the Stampede Metals Corp. acquisition now closed, all related securities issued and nearly $4-million in gross proceeds released to the company, Prince Silver is fully financed and advancing preparations for a phase 1 drill program at its flagship Prince silver project in Nevada.

The 6,500-metre reverse circulation drill program is scheduled to begin in early August, and will target the expansion of higher-grade zones, validation of historical drill results and definition of the broader mineralized system.

The Prince silver project, located in Elephant country, Nevada, hosts a significant polymetallic carbonate replacement deposit (CRD) and sediment-hosted gold system with near-term development potential.

About Prince Silver Corp.

Prince Silver is a silver exploration company focused on advancing the Prince silver project in Nevada, United States. The known deposit identified with historic drilling is open in all directions and is near surface. Prince Silver also holds interest in the Stampede Gap project, a district-scale copper-gold-moly porphyry system located about 15 kilometres NNM of the Prince silver project and, holds option interest in the Broken Handle project, an early stage mineral exploration project located Southern British Columbia, Canada.

We seek Safe Harbor.