Mr. Michael Romanik reports

SILVER DOLLAR COMMENCES EXPLORATION DRILLING AT THE RANGER-PAGE PROJECT IN IDAHO'S SILVER VALLEY

Silver Dollar Resources Inc. has commenced its inaugural diamond drilling program at the Ranger-Page project.

The initial drill target is the Crown Point mine area, which is located within a kilometre of the Bunker Hill mine, that was in production from 1885 to 1981 and is scheduled to restart production in the first half of 2025.

Based on the limited historical records available, mining at Crown Point started in the late 1800s with the first 3,000 tons shipped from the mine being high-grade supergene ores with up to 80 ounces per ton silver and 65 per cent lead. As mining continued, out of the oxidized rocks, head grades dropped to more typical hypogene ore grades of five to 30 ounces per ton silver with 20 per cent lead. After mining to 134 metres below ground surface, mining reportedly stopped in the 1950s partially due to fluctuating metal prices and complex lease agreements.

The 2022 induced polarization survey identified a deep polarization anomaly down plunge from the historic Crown Point mine that has never been drill tested. The anomaly is coincident with surface geochemical data and positive trenching results over the area, which have improved the confidence level in this target, and it will be the first to be drill tested in 2024. Three holes are initially planned to test the deep anomaly with the objectives of expanding the mineralized footprint 190 metres below the lowest mine workings and locating the deep projection of the Crown Point mineralized system along with the historically reported Shea zone and the Osburn Fault zone.

About the Ranger-Page project

The Ranger-Page project is located in a world-class silver district. The land package covers six historic mines and is ideally situated near Interstate 90 with year-round access to power, water, local infrastructure and a work force in the Silver Valley skilled in exploration and mining. The primary target areas are up and down plunge from historic underground mining, along strike where ground induced polarizatio surveys identify anomalies, and where surface trenching identified near-surface mineralization. Additional exploration targets have also been identified away from historic mine infrastructure, using soil geochemical data, mapping and ground IP survey data.

Dale Moore, PGeo, an independent qualified person as defined in National Instrument 43-101, has reviewed and approved the technical contents of this news release on behalf of the company.

About Silver Dollar Resources Inc.

Silver Dollar is a dynamic mineral exploration company focused on two of North America's premier mining regions: Idaho's prolific Silver Valley and the Durango-Zacatecas silver-gold belt. Its portfolio includes the advanced-stage Ranger-Page and La Joya projects, along with the early-stage Nora project. The company's financial backers include renowned mining investor Eric Sprott, its largest shareholder. Silver Dollar's management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

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