Blende Silver appoints Rees as president, CEO

Executive Summary

• Blende Silver Corp. has appointed Andrew H. Rees as President and Chief Executive Officer, effective immediately.
• Outgoing CEO Tom Kennedy will transition to the Board of Directors to continue supporting the company's strategic direction.
• The leadership change underscores Blende Silver's commitment to advancing the Blende project, a major undeveloped silver-zinc-lead deposit in the Yukon.

Key Details

• Appointed Andrew H. Rees as President and Chief Executive Officer, effective immediately.
• Mr. Rees succeeds Tom Kennedy, who will remain on the Board of Directors and continue supporting the company's strategic direction.
• Mr. Rees brings extensive resource sector and capital markets experience, previously serving as a director and officer of Barkerville Gold Mines and advancing the Cariboo gold project (Bonanza Ledge mine) prior to its acquisition by Osisko Development Corp.
• Mr. Rees currently serves as lead director of Doubleview Gold Corp., which recently announced a preliminary economic assessment for its Hat polymetallic project in British Columbia.
• The appointment aligns with the company's focus on advancing the Blende project in the Keno Hill mining district of the Yukon, recognized as one of the largest undeveloped silver-zinc-lead deposits in Western Canada.
• The company acknowledges the project is located within the traditional territory of the First Nation of Na-Cho Nyak Dun and commits to continued respectful engagement and collaboration.
• The Blende property covers 5,345 hectares, is winter road accessible, and is located 63 kilometres northeast of Keno Hill, Yukon.
• Past exploration on the property totals over $9.2 million ($5.2 million by Blende Silver), including 25,195 metres of drilling across 132 drill holes.

Notable Quotes

• Mr. Rees: "I would like to thank Tom Kennedy for his leadership and contributions as chief executive officer, and I am pleased that he will continue to serve on the board of directors. I am honoured to take on the role of president and CEO of Blende Silver. The Blende project represents a significant undeveloped silver-rich polymetallic deposit in Canada, and I look forward to working closely with our board and stakeholders to advance the project and build value for shareholders."