Mr. Greg McKenzie reports
SILVER STORM REPORTS CONCENTRATE DELIVERIES FROM LA PARRILLA
Silver Storm Mining Ltd. has provided an update on the production of concentrates at the company's 100-per-cent-owned La Parrilla silver mine complex, located in Durango state, Mexico.
Silver Storm delivered a total of 1,570 dry metric tonnes of lead-silver concentrate and 1,362 dry metric tonnes of zinc concentrate in multiple shipments under the offtake prepayment agreement from the initial shipment of concentrates in July, 2026 (see the company's news release dated July 27, 2026) through to Sept. 30, 2026.
Greg McKenzie, president and chief executive officer, stated: "We are happy to announce that La Parrilla has been generating revenue from concentrate sales on an ongoing basis since the initial shipment in July, 2026. With this milestone reached successfully, we are now focused on our next major catalyst: the ramp-up of mining and production at La Parrilla toward a steady-state run rate."
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.
Grant 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 and employees of Silver Storm to purchase an aggregate of 2.5 million common shares of the company at the price of 50 cents per share for a period of five years from 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.
About Silver Storm Mining Ltd.
Silver Storm Mining holds a portfolio of silver projects in Durango state, Mexico. The company is advancing the ramp-up of operations at its 100-per-cent-owned La Parrilla silver mine complex, a prolific operation comprising a 2,000-tonne-per-day mill and three underground mining areas. Silver Storm 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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