Mr. Gary Lindsey reports

SILVER ONE COMMISSIONS GROUND GEOPHYSICAL SURVEY ON ITS PHOENIX SILVER PROJECT, ARIZONA

Silver One Resources Inc. has engaged Zonge International Inc. to conduct a ground geophysical induced polarization (IP) and magnetotelluric (MT) survey on its 100-per-cent-owned Phoenix silver project in Arizona. Both IP and MT are effective electrical geophysical methods useful to detect underground metallic minerals, especially disseminated sulphides, and structures that may be host to mineralization. This is especially important in the southern portion of the property, where previous magnetic and ZTEM (Z-axis tipper electromagnetic) surveys, in combination with multiple select high-grade copper and silver samples are suggestive of a copper-silver system at depth (see news release of Feb. 20, 2025). Owing to safety reasons related to fire hazard in the project area, the survey will be scheduled as soon as forest service fire restrictions are lifted.

The planned survey consists of 50 line kilometres of ground IP and MT over robust copper targets. These targets were identified using Geotech's targeting algorithm that combines several data sets, including resistivity derived from the ZTEM survey, magnetic features, geology, structure, mine sites and copper showings (see company's news release of Feb. 20, 2025). These targets have never been drill tested, and their importance is highlighted by their location along the northeastern portion of the prolific Miami-Inspiration copper belt, which hosts Rio Tinto-BHP's Resolution deposit to the southwest and BHP's Ocelot discovery to the northeast.

The IP and MT survey will target vertical depths of 600 metres and 1,500 metres, respectively. This survey, in conjunction with previous field investigations, will allow the company to define and prioritize targets for future drilling.

Silver exploration

The company plans to continue with further evaluation of silver targets, especially the 417 area and the long northeast-trending train of silver nuggets located in the northern part of the property. A detailed gravity survey is planned over the 417 area drilled in 2024 to assist in defining the location of massive silver bodies (see the company's news release of Feb. 24, 2025) and guide future drilling. At the Nuggets North area, planned work includes mapping, sampling and trenching subject to forest service permitting.

Candelaria project update

The company is also pleased to announce that work at the Candelaria project is on schedule, continuing with metallurgical investigations to optimize silver and gold recoveries, and a preliminary economic assessment study (PEA) is scheduled to be completed by the end of the year.

Qualified person

The technical content of this news release has been reviewed and approved by Robert M. Cann, PGeo, a qualified person as defined by National Instrument 43-101 and an independent consultant to the company.

About Silver One Resources Inc.

Silver One is focused on the exploration and development of quality silver projects. The company holds a 100-per-cent interest in its flagship project, the past-producing Candelaria mine, located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production. Additional opportunities lie in previously identified high-grade silver intercepts down dip and potentially increasing the substantive silver mineralization along strike from the two past-producing open pits.

The company owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln county, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 kilometres along strike.

Silver One also owns a 100-per-cent interest in the Phoenix silver project. The Phoenix silver project is a very high-grade native silver prospect that lies within the Arizona silver belt, immediately adjacent to the prolific copper-producing area of Globe, Ariz.

We seek Safe Harbor.