Metalsource Mining resumes drilling at Silver Hill

Mr. Joe Cullen reports METALSOURCE MINING UPDATE ON SILVER HILL DRILLING AND VIDEO RELEASE Metalsource Mining Inc. has provided an update on continuing drilling activities at its Silver Hill silver project and released new corporate and project overview videos. Following a short break for the holiday period, drilling has resumed at the Silver Hill project in North Carolina, United States. To date, the company has completed four drill holes, totalling 614.38 metres, and will recommence drilling with a fifth hole into the main mineralization on the project. During the initial portion of the drill program, a total of 1,400 metres (originally 800 metres) are planned to test both within the historically known mineralization but also to test along strike and up stratigraphy on more recently identified prospective targets. Samples have begun arriving at ALS in Reno for analysis, and results will start coming back in the near future. The team is currently processing magnetotelluric (geophysical, MT) data collected earlier last year and will update the drill plan accordingly. Based on the pace of drilling and program execution to date, Metalsource has expanded the drill program, supported by an increased exploration budget resulting from a recent strategic investment by Eric Sprott -- please see news release dated Jan. 2, 2026. The company plans to continue drilling at Silver Hill over the coming weeks before mobilizing to its Byrd-Pilot gold-silver project, located approximately 45 kilometres from Silver Hill in late January. At Byrd-Pilot, Metalsource intends to complete four to six drill holes targeting several identified and prospective geological and geophysical anomalies. Joe Cullen, chief executive officer of Metalsource Mining, commented: "We are very encouraged by the early stages of drilling at Silver Hill. We are achieving good metreage, strong core recovery and efficient drill performance. We look forward to advancing the program and keeping shareholders informed as drilling continues at both Silver Hill and Byrd-Pilot." Video release Metalsource has also released long-form and short-form project videos designed to provide investors with a clear and educational overview of the company's exploration activities and project portfolio. The videos were filmed on location by Iximche Media and postproduction was completed by Shootday. The company is very pleased with the quality and outcome of the production and believes the videos represent an effective tool for keeping investors informed about continuing work on the ground. The videos are available on Metalsource's website and on the company's YouTube channel. Silver Hill project Located in the Carolina terrane, the property is underlain by volcaniclastic and volcano-sedimentary rocks predominantly of Neoproterozoic and Cambrian age. This terrane has been suggested to be an extension of the Avalon terrane. The property is 1,128 acres located in Davidson county, North Carolina. As the first significant discovery and first silver-producing mine in America, there is an extensive drill hole database, underground mapping, historic dumps and underground chip samples, which comprise the historic data set. This mineralization is currently known to extend to 550 metres from surface, in a steeply trending series of lenses, which remain open in multiple directions. Bolstering these historic records, recent surface sampling contained results, including SH25-003, containing 444 grams per tonne silver, 17.7 grams per tonne gold, 8.61 per cent lead and 0.507 per cent zinc. Byrd-Pilot Mountain project The Byrd-Pilot Mountain project is located in central North Carolina, within the Carolina terrane. Early USGS (U.S. Geological Service) work in the 1980s flagged the area as possibly hosting a porphyry gold-copper system, subsequent work demonstrated broad gold mineralization in soils, trenches and shallow RC (reverse circulation) drilling, coincident with strong self-potential anomalies. Geology shows intense quartz-sericite-pyrite alteration, high-sulphidation signatures and high-alumina minerals (like the Haile and Brewer deposits to the south), suggesting potential for a large epithermal or porphyry-related gold system. Geologic modelling indicates an east-west trend to the identified mineralization, open in multiple directions, with oxidation noted down to a depth of 30 metres. No drilling has tested the Meridian discovery zone since those 1980s campaigns, leaving potential for significant resource expansion through work commitments of the agreement. All scientific and technical information in this news release has been reviewed and prepared under the supervision of Rory Kutluoglu, PGeo, a consultant to the company and a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. About Metalsource Mining Inc. Metalsource Mining is a Canadian mineral exploration company focused on advancing high-potential mineral assets through modern, systematic exploration and value-driven discovery. We seek Safe Harbor.