Mr. Dino Cremonese of Silver Grail reports

SILVER GRAIL RESOURCES REPORTS NEW MINERALIZED ZONES ON RAM PROPERTY

Silver Grail Resources Ltd. has made significant new discoveries on its Ram property, jointly owned with Teuton Resources Corp. and located in the Golden Triangle region of northwestern British Columbia.

Highlights:

• Discovery of a 400-metre-long, mineralized porphyry intrusive, the Malachite porphyry zone;
• Identification of a second zone, the Mitch zone, with pyrite and chalcopyrite;
• Property adjacent to Ascot Resources' Red Mountain project;
• Expanded exploration program planned.

Ram property overview

The Ram property is situated approximately 18 kilometres south-southeast of Stewart, B.C., and adjoins Ascot Resources' Red Mountain gold property. It lies five kilometres southeast of Goliath Gold's Treasure Island prospect (currently being drilled). The Ram property has been jointly held by Teuton and Silver Grail for over 30 years but has seen limited exploration until now.

2024 exploration program

In the summer of 2024, a prospecting crew was deployed to examine areas of recent glacial retreat on the Ram property. This work has led to two significant discoveries:

1. Malachite porphyry zone: A 400-metre-long outcrop of porphyritic rock (open to extension) was discovered in the northern portion of the property, south-southwest of Red Mountain. This zone exhibits:
   • Extensive malachite staining;
   • Presence of chalcopyrite, pyrite, magnetite and K-feldspar;
   • Bismuth mineralization (identified by XRF).
2. Mitch zone: Located southwest of the Malachite porphyry, this zone features:
   • En echelon stringers of coarse pyrite mineralization in sediments;
   • Abundant veins and veinlets ranging from millimeters to two to four centimetres in width;
   • Lesser areas of massive chalcopyrite veins up to five cm thick.

Numerous grab samples and saw cuts have been taken from both zones and will be sent for assay.

Comment

Dino Cremonese, PEng, president and chief executive officer of Silver Grail, commented: "These new discoveries from retreating ice and snow are very encouraging. The Ram's mineralization shares similarities with neighbouring Red Mountain, which I staked in 1988 for a private company. As the original staker of Red Mountain, I conducted initial surveys that suggested upstream mineralization. This was confirmed by subsequent owners with the discovery hole yielding 9.88 grams per tonne gold over 66 metres in the Marc zone. Returning to this area of the Golden Triangle after 36 years is exciting, especially given our promising observations at the Ram."

Historical geophysical data

A 2006 airborne VTEM survey previously conducted on the property revealed:

• A discrete magnetic anomaly running north-south, coincident with the strike of the Mitch zone mineralization;
• This anomaly forms the eastern edge of a larger, oval-shaped total magnetic anomaly, approximately one km long on its north/northwest-south/southeast axis.

Next steps

Based on these promising findings, Teuton and Silver Grail are planning an expanded exploration program, which may include:

1. Additional sampling and geological mapping;
2. An induced polarization survey;
3. A diamond drilling program, contingent on results from the above activities.

Qualified person

Dino Cremonese, PEng, is the qualified person for Silver Grail for the purposes of this news release, and as president and chief executive officer of Silver Grail, he is not independent of the company.

About Silver Grail Resources Ltd.

Silver Grail is a junior exploration company with a portfolio of properties in the Golden Triangle region of British Columbia.

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