Mr. Greg McKenzie reports

SILVER STORM CONDUCTS FIRST POUR OF SILVER-GOLD DORE AT LA PARRILLA

Silver Storm Mining Ltd. has seen the first silver-gold dore pour at the company's 100-per-cent-owned La Parrilla silver mine complex located in Durango state, Mexico.

Greg McKenzie, president and chief executive officer, stated: "We are excited to reach this significant milestone less than three years after closing the acquisition of La Parrilla. I extend my congratulations to the Silver Storm team for delivering first silver safely and successfully. With the first pour completed, we have kicked off the restart of operations at La Parrilla, starting a new chapter for the company and its stakeholders."

The first pour was completed as part of the commissioning process of the oxide processing circuit at La Parrilla. The company now expects to be able to pour silver-gold dore on a continuing basis. Silver Storm commenced the commissioning of the oxide processing circuit in early June utilizing mineralized material from the open-pit oxide stockpile. The oxide circuit will continue to process the material from the oxide stockpile until underground development in the San Marcos area of the mine starts to provide access to run-of-mine mineralized oxide material. Commissioning of the 1,250-tonne-per-day sulphide processing circuit is expected to commence in June, 2026, with an estimated ramp-up period of one month.

Issue of stock options

Pursuant to its 2020 amended and restated incentive stock option plan, Silver Storm has granted stock options of the company to certain officers, employees and consultants of the company to purchase an aggregate of 400,000 common shares of the company at the price of 50 cents per share for a period of five years from the date of grant. The options all vest periodically in accordance with their terms. The options granted are under and subject to the terms and conditions of the plan and subject to the rules and policies of the TSX Venture Exchange. This stock option grant is subject to acceptance by the exchange.

Qualified person

The scientific and technical information in this document has been reviewed and approved by Shane Ghouralal, PEng, director, technical services of the company, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Silver Storm Mining Ltd.

Silver Storm holds advanced-stage silver projects located in Durango, Mexico. Silver Storm is committed to advancing toward a potential near-term restart of its 100-per-cent-owned La Parrilla silver mine complex, a prolific operation composed of a 2,000-tonne-per-day mill and three underground mines. The company also holds a 100-per-cent interest in the San Diego project, which ranks among the largest undeveloped silver projects in Mexico.

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