Mr. Gregory Lytle reports

SILVER DOLLAR EXERCISES OPTION ON GOVERNMENT GULCH PORTION OF RANGER-PAGE PROJECT

Silver Dollar Resources Inc., further to its new release of Aug. 7, 2024, has completed the exercise of its option to acquire an initial 75-per-cent interest in the Government Gulch portion of the Ranger-Page project, located in Shoshone county, Idaho.

Pursuant to the Government Gulch option and joint venture agreement dated July 20, 2021, and as amended by agreements dated July 20, 2022, May 22, 2024, and Aug. 7, 2025, to exercise its option to acquire a 75-per-cent interest in the Government Gulch property under the Government Gulch agreement, Silver Dollar paid the optionor $250,000 (U.S.) and incurred more than $1.21-million (U.S.) in exploration expenditures on the property.

Silver Dollar has the option to acquire the remaining 25-per-cent interest in the Government Gulch property through good faith negotiations with the optionor. In the event the optionor and the company cannot agree on a purchase price for the second option, the company can elect the purchase price of the second option to be: (a) $2.25-million (U.S.); (b) $1-million (U.S.) and the issuance $1.25-million (U.S.) of Silver Dollar's shares valued at the 20-day volume-weighted average price (VWAP); or (c) if the optionor so requests, $2.25-million (U.S.) of Silver Dollar's shares valued at the 20-day VWAP.

If Silver Dollar does not exercise the second option on or before Dec. 31, 2025, a joint venture will be formed among the parties and Silver Dollar will serve as operator. The Government Gulch agreement includes dilution provisions, where, if a joint venture participant contributes less than its proportionate share of expenses, that participant's interest will be diluted. If a joint venture participant's interest is diluted to less than 10 per cent, the other party will automatically acquire the diluted participant's interest and it will grant a 2.0-per-cent net smelter return (NSR) royalty on the Government Gulch property. Silver Dollar has the right to purchase half of such royalty (a 1.0-per-cent net smelter return) for $1-million (U.S.).

If Silver Dollar exercises its option under the Government Gulch agreement, as described above, it will grant Silver Valley Metals Corp. a royalty equal to 0.5 per cent of net smelter return from the Government Gulch property.

About the Ranger-Page project

Located in a world-class silver district, the Ranger-Page land package covers six historical 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 upplunge and downplunge from historic underground mining, along strike where ground induced polarization (IP) surveys have identified 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.

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. The company's portfolio includes the advanced-stage Ranger-Page and La Joya projects, as well as the early-stage Nora project. The company's financial backers include renowned mining investor Eric Sprott, the company's 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.

We seek Safe Harbor.