Forty Pillars Announces Program Results on the Silver Dollar Project

(via TheNewswire)   Vancouver, B.C. – March 25, 2026 ‐ Forty Pillars Mining Corp. (CSE: PLLR) (the “Company ” or “Forty Pillars ”) is pleased to announce the results of exploration work on the Silver Dollar Project (the “Project ” or the “Property ”), located 50 km southeast from Revelstoke, B.C.     Program Highlights   26 total rock samples collected comprising grab* and channel samples     High-grade mineralization observed in-situ within historical workings and in newly discovered outcrop     2.92 g/t Au and 103 g/t Ag over 1.0 m from a channel sample at a newly-discovered historical working     10.68 g/t Au and 140 g/t Ag returned from a grab sample at the Silver Dollar past-producer      4.96 g/t Au and 129 g/t Ag returned from a grab sample at the Beatrice past-producer     Copper and antimony results highly-anomalous, showcasing critical metal byproduct potential     * Grab samples are by definition selective. Grab samples are solely designed to show the presence or absence of mineralization, and are not intended to provide nor should be construed as a representative indication of grade or mineralization at the Project.    A field crew supplied by Coast Mountain Geological Ltd. (“CMG ”) spent two days on the Project systematically targeting the historical past-producing Silver Dollar and Beatrice mines.  Separated by over one km, the Company believes these prospects represent an underexplored Ag-Au mineralized corridor that stretches along the Camborne fault system.  Known historical workings were confirmed and examined, and previously-undocumented mineralization was discovered along strike from these workings.  In total, 19 rock grab samples and seven channel samples of various lengths were collected.   “These results clearly exhibit the exploration potential present at Silver Dollar. The high-grade gold, silver, and critical metal assays, combined with the encouraging historical results from previous operators, supports our theory that the Camborne fault system may represent a viable regional-scale exploration target,” states Nader Vatanchi, CEO of the Company.   Mineralization observed within rock samples comprised galena, sphalerite, chalcopyrite, pyrite and arsenopyrite in varying amounts.  Sulphide-bearing quartz veins were the dominant sample material, with rare entrained phyllite or metasediment clasts.  Sample results and ranges for elements of interest are detailed in Table 1.    Click Image To View Full Size Figure 1: Area of Work Showing Highlight Field Program Results   Table 1  - Rock Sample Results Sample Type Easting Northing Area Au (g/t) Ag (g/t) Cu ppm Pb   ppm Zn ppm Sb  ppm C0153026 Channel 460315 5621643 Iron Dollar 4.32 23.36 709.1 4676.9 2645 447.84 C0153027 Channel 460315 5621637 Iron Dollar 2.92 103 971.7 >10000 8828 632.96 C0153028 Channel 460317 5621609 Iron Dollar 0.02 0.31 23.2 31.6 58 1.92 C0153029 Channel 460156 5621787 Silver Dollar 0.412 22.1 145.8 215.7 48 112.22 C0153030 Channel 460159 5621785 Silver Dollar 0.67 2.81 30 221.6 33 10.34 C0153031 Channel 460710 5620733 Beatrice 0.022 0.16 76.3 23.3 444 1.28 C0153032 Channel 460640 5620829 Beatrice 0.003 0.05 42.1 9.1 29 0.46 C0153018 Grab 460243 5621609 Silver Dollar <0.001 0.13 5.9 113.4 11 0.07 C0153019 Grab 460131 5621849 Silver Dollar 0.65 84.76 768.1 628.2 4023 630.72 C0153020 Grab 460123 5621846 Silver Dollar 0.611 27.06 246.6 551.6 210 196.9 C0153021 Grab 460139 5621828 Silver Dollar 3.08 104 488.7 2079 >10000 271.14 C0153022 Grab 460124 5621814 Silver Dollar 10.68 140 412.6 3071.9 1769 451.83 C0153023 Grab 460712 5620734 Beatrice 0.012 0.26 7 7.6 61 1.26 C0153024 Grab 460710 5620735 Beatrice 0.004 0.13 11.8 16.7 119 0.52 C0153025 Grab 460710 5620748 Beatrice 0.005 5.62 28 1566.3 644 10.09 C0153033 Grab 460715 5620749 Beatrice 0.005 0.18 16 28.3 409 2.19 C0153034 Grab 460702 5620741 Beatrice 0.001 6.52 47.2 292.7 515 18.52 C0153035 Grab 460686 5620683 Beatrice 4.96 129 926.8 7765.9 2932 834.28 C0153036 Grab 460700 5620599 Beatrice 0.223 340 787.8 8419.5 >10000 1062.78 C0153037 Grab 460737 5620613 Beatrice 0.041 34.55 132.5 1944.7 349 28.54 C0153038 Grab 460737 5620614 Beatrice 0.107 8.04 28 1923 75 29.69 C0153039 Grab 460638 5620827 Beatrice 0.002 0.17 28.8 26.1 48 0.85 C0153040 Grab 460736 5620608 Beatrice 0.293 26.31 157.3 2467.7 >10000 75.45 C0153041 Grab 460123 5621760 Silver Dollar 0.94 293 1692 >10000 >10000 1172.41 C0153042 Grab 460122 5621758 Silver Dollar 0.093 203 725.7 2099.9 >10000 491.16 C0153043 Grab 460122 5621756 Silver Dollar 2.92 203 853.2 8471.6 6375 709.16   At the Silver Dollar past-producer, grab samples returned up to 10.68 g/t Au, 203 g/t Ag, 0.17% Cu and 0.12 % Sb.  Nearby, at a newly-discovered historical working likely related to the Iron Dollar occurrence, a 1.0 m channel sample (C0153022) produced 2.92 g/t Au, 103 g/t Ag and 0.06 % Sb.  At the Beatrice past-producer, over 1.0 km to the southeast, best results from grab samples include 4.96 g/t Au, 340 g/t Ag and 0.11% Sb.  All three locations also contain high Pb and Zn values, with multiple samples returning >1.0%, the upper detection limit for the chosen assay method.   In addition to high-grade gold, silver and base metals, the presence of anomalous antimony results highlights the critical metal potential of the Property.   Rock grab samples were taken from outcrop, exposed waste piles near historical workings and from within historical trenches.  Channel samples were collected from outcrop by using a Stihl gas-powered cut-off saw equipped with a circular diamond blade.  Parallel cuts approximately 3-4 cm apart were completed to depth, after which rock slabs were removed with a hammer and chisel. Quality Assurance and Control   Rock samples were placed into labelled clear poly bags in the field, and a piece of flagging was labelled and tied around a representative rock that was then placed back at the sample location.     All of the rock samples collected during the field program were securely stored at Coast Mountain Geological Ltd.’s field facilities and were hand delivered by CMG staff to MSALABS in Langley, B.C. for multi element ICP-/MS, ultra-trace level analysis. MSALABS is an ISO 9001 and ISO/IEC17025 certified commercial laboratory company with over 25 years of experience analyzing geological material.   The submitted rock samples were first crushed to 70% passing 2 mm, and then a representative split was taken and pulverized to 85% passing 75 µm. The pulverized rock samples were analyzed using MS Analytical package IMS-128 (39 elements) ultra-trace level analysis with true aqua regia digestion. Over limit results for silver were reanalyzed via analytical procedure ICP-ES Ore Grade analysis using a 4-Acid or near total digestion. Gold results >1.0 ppm were reanalyzed by fire assay (FAS-211) with AAS finish.   The Silver Dollar Project   The Silver Dollar Project is located 45 kilometers southeast of the city of Revelstoke and 15 kilometers north-northeast of the community of Trout Lake, British Columbia. The Project consists of 10 contiguous claims covering 3,344.68 hectares which includes two Crown grants totaling 41.85 hectares of land.  The project encompasses numerous historical small-scale past-producing mines that exploited high-grade gold, silver, and base metal mineralization associated with the prolific Camborne fault.  Most notably, the Silver Dollar mine produced 9.8 kg Ag, 1,378 kg Pb, and 1,009 kg Zn from a single 6 tonne shipment in 1947 (BC Minfile 082KNW101).     More recent exploration since 2017 has produced bonanza-grade gold and silver rock samples, including 57.1 g/t Au & 108 g/t Ag returned from a grab sample at the Gillman occurrence, and 1,991 g/t Ag in a select grab sample from the Beatrice (BC Minfile 082KNW040) Crown grant.  Airborne data collected in 2019 clearly defines the Camborne fault striking through the entirety of the Project, and soil samples collected since 2017 have outlined multi-element anomalies tracing this mineralizing structure.   Some data disclosed in this news release is related to historical sampling. The Company has not independently analyzed the results in order to verify the results; however, the Company considers these historical results relevant as the Company is using this data as a guide to plan exploration programs.   Qualified Person   Patrick McLaughlin, P.Geo. is the Qualified Person (as defined in NI 43-101) who reviewed and approved the scientific and technical content in this news release.   About Forty Pillars   Forty Pillars Mining Corp. is a Vancouver, B.C. based mineral exploration company focused on exploring the Silver Dollar Project located in the Greenwood Mining Division, B.C. and the newly acquired Golden Link project located 21km north of Gander, Newfoundland. FOR FURTHER INFORMATION CONTACT:   Nader Vatanchi Chief Executive Officer email: [email protected] phone: 778-881-4631   Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.   Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to: statements with respect to CMG, the interpretation of anticipated results of the Project, further exploration or drilling work in the future, the potential extent, continuity and signification of mineralization at the Project, the existence of a mineralized corridor along the Camborne fault system; the critical metal potential of the Property and the Company’s objectives, goals or future plans with respect to the Project . Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipates”, “anticipated” “expected” “intends” “will” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking information. These risks include, but are not limited to: risks inherent in mineral exploration, including that exploration results may not be indicative of mineralization continuity or economic viability; uncertainty in geological interpretation; the possibility that follow-up work, including drilling, will not confirm or expand upon current results; risks relating to the reliance on historical data; and general economic, market and industry conditions. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. Copyright (c) 2026 TheNewswire - All rights reserved.