Prince Silver acquires 656 acres at Prince by staking

Executive Summary

• Prince Silver Corp. has staked approximately 656 acres of new mineral claims, more than doubling its land position at the Prince Silver Project in Nevada.
• The new claims are located immediately north of the existing project along a controlling north-northwest-trending regional fault structure, enhancing the company's ability to evaluate extensions of carbonate replacement deposit (CRD) and vein mineralization.
• Recent reverse circulation (RC) drill results from the ongoing 9,000-metre program include high-grade intersections, specifically hole PRC-27 and PRC-30, supporting the company's confidence in the scale of the mineralized system ahead of a maiden NI 43-101 resource estimate.

Key Details

• Land Acquisition: Approximately 656 acres of new mineral claims staked directly along the trend of the continuing RC drill program.
• Location: Immediately north of the Prince Silver Project, along the Great Western fault corridor in the Pioche mining district, Lincoln County, Nevada.
• Drilling Results (Hole PRC-27): 9.2 metres (30 feet) grading 140 grams per tonne silver (g/t Ag), 8.57 per cent manganese (Mn), 1.48 per cent lead (Pb), and 1.06 per cent zinc (Zn).
• Drilling Results (Hole PRC-30): 7.6 metres (25 feet) grading 167 g/t Ag, 8.7 per cent Mn, and 1.14 per cent Zn.
• Drill Program Status: Ongoing 9,000-metre RC drill program; additional assay results expected over the next three to four months.
• Geological Context: The new ground lies along a north-northwest-trending regional fault interpreted as the primary conduit for acidic mineralizing fluids responsible for CRD-style and structurally controlled vein mineralization.
• Strategic Goal: Securing this ground allows the company to control the majority of prospective extensions of the Great Western fault's mineralized corridor and advance toward its first NI 43-101-compliant mineral resource estimate.
• Historical Context: The Pioche district is a prolific historical silver-producing region; historical mining focused on high-grade fissure veins, leaving potential for broader, near-surface zones amenable to open-pit mining.

Notable Quotes

• Derek Iwanaka, CEO and Director: "Our decision to stake these additional claims was driven by our enhanced understanding of the geological system governing the Prince project area, the strength and consistency of the mineralization encountered in our ongoing 9,000-metre RC drill program, and by our growing confidence in the scale of the mineralized system at the Prince project. Securing this additional ground now ensures we control the majority of the prospective extensions of the Great Western fault's mineralized corridor as we continue drilling and advance the project towards its first NI 43-101-compliant mineral resource estimate."