Mr. Brandon Rook reports

SILVER VALLEY METALS ANNOUNCES UPDATE ON ITS MEXICAN LITHIUM-POTASSIUM PROJECT, ZACATECAS AND SAN LUIS POTOSI, MEXICO

Silver Valley Metals Corp. has provided an update in regards to its MexiCan lithium-potassium (sulphate of potash) project.

Silver Valley has been in discussions with LitioMX (the national lithium company of Mexico) over the last months and has recently had an in-person meeting in Mexico City. These discussions pertain to the possibility of forming a partnership to explore and ultimately produce lithium at the MexiCan lithium-potassium project located in Zacatecas and San Luis Potosi.

The negotiation is focused solely on the lithium component of the multicommodity deposit. This represents an inferred resource of 243,000 tonnes of lithium carbonate equivalent (LCE) defined to date at surface to an average depth of only five metres. The project is the second most advanced lithium project in Mexico and remains open to significant expansion through further exploration work.

The potassium sulphate (sulphate of potash) component of the deposit comprising 12.3 million tonnes defined to date, that also has significant upside to expand, is not part of the current negotiations between LitioMX and Silver Valley Metals.

Pablo Taddei, chief executive officer of LitioMX, stated recently to Bloomberg Linea, "Negotiations are currently under way with companies that already have concessions in the country, with the aim of forming a common front."

Mr. Taddei continued, "According to its creation decree, LitioMX will manage and maintain a controlling interest in the activities necessary for the production, transformation and distribution of lithium-derived products, for which it may associate with other public and private companies and institutions."

Brandon Rook, CEO of Silver Valley Metals, says: "The relationship that is being built between LitioMX and Silver Valley Metals shares a vision to build out the project sustainably with a focus on clean extraction technology, community-centric participation, along with strong transparent governance that will be the key to our future success. We look forward to concluding our partnership agreement and moving forward again with this exciting project."

Qualified person

Timothy Mosey, BSc, MSc, SME, is the qualified person for the company and qualified person as defined by National Instrument 43-101.

Martin Pittuck, CEng, MIMMM, FGS, is responsible for this mineral resource statement and is an independent qualified person as such term is defined in National Instrument 43-101.

About: Silver Valley Metals Corp.

Silver Valley Metals is a Canadian exploration company comprising a group of experienced exploration, mining and financing specialists focused on the pursuit of mineral discovery and development.

We seek Safe Harbor.