Mr. Bruce Bragagnolo reports

REGENCY SILVER COMMENCES 2026 DRILL PROGRAM AT DIOS PADRE TARGETING BROAD ZONES OF SULPHIDE-SPECULARITE BEARING BRECCIA AS FOLLOW UP TO HOLE REG 25-26

Regency Silver Corp. has commenced its 2026 drill program at its Dios Padre project in Sonora, Mexico.

Initial drilling will focus on the area surrounding hole REG 25-26, which intersected sulphide-specularite supported breccia in multiple zones across a broad, non-continuous, approximately 240-metre (m) interval. The breccia zones appear to be controlled by a series of quartz-feldspar porphyries and range in size from five to 50 m. Hole REG 25-26 intersected mineralization approximately 150 m downdip below the historic Dios Padre silver mine workings and approximately 225 m updip from drill hole REG-25-25. REG 23-21 yielded 38 m of 7.36 grams per tonne (g/t) gold, REG-22-01 yielded 35.8 metres of 6.84 g/t gold, 0.88 per cent copper and 21.82 g/t silver, and REG 23-14 yielded 29.4 m of 6.32 g/t gold. Hole REG 25-26 is being assayed. For further detail, please review the news releases dated Jan. 8, 2026, Feb. 23, 2023, and Nov. 2, 2023.

Hole REG 25-27 is the first hole of the 2026 portion of Regency's continuing drill program and will target 50 m above the strongest mineralization observed in REG-25-26. A minimum of four holes between 500 and 650 m in length will be drilled proximal to REG-25-26 to follow up on the intersected mineralization and to establish its orientation.

"The initial portion of the 2026 drill program will focus on testing the areas around hole REG 25-26. The goal is to systematically establish the dip and strike of the breccia with additional holes up and downdip, as well as subsequent holes along strike, to confirm orientation of the zones before stepping out more aggressively. Hole REG 25-26 helps to validate our hypothesis in observing multiple porphyry dikes with adjacent sulphide-specularite supported breccias indicating their key role in driving the mineralized zones. Mapping these porphyry dikes systematically through the current drill campaign will be critical to helping us rapidly expand this newly discovered zone," said Mike Tucker, director and head geologist.

Technical information

The technical information contained in this news release has been reviewed by Michael Tucker, PGeo, who is recognized as a qualified person under the guidelines of National Instrument 43-101. Mr. Tucker is also a director of the company and for that reason is not considered independent. Mr. Tucker has read and approved the technical contents of this news release.

About Regency Silver Corp.

Regency Silver is a Canadian resource company exploring for high-grade gold, copper and silver in Mexico. Regency Silver is led by a team of experienced professionals with expertise in both exploration and production. Regency's flagship project is the high-grade Dios Padre project in Sonora, Mexico, where Regency has made a large, high-grade, gold-copper-silver discovery that appears to be a large magmatic-hydrothermal system that widens at depth. Drill results have included 38 m of 7.36 g/t gold in hole REG 23-21, 36 m of 6.84 g/t gold, 0.88 per cent copper and 21.8 g/t silver in hole REG 22-01, and 29.4 m of 6.32 g/t gold in hole REG 23-14.

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