Silver Storm's processing plant rehab 50% complete

Executive Summary

• Silver Storm Mining Ltd. reports that the rehabilitation of its La Parrilla processing plant in Mexico has reached 50% completion, marking a significant milestone toward the potential restart of operations.
• The company targets a restart of the La Parrilla mine complex in the second quarter of 2026, contingent on the completion of ongoing rehabilitation works across multiple circuits.
• Key infrastructure upgrades include the installation of new flotation cells, which will increase the nominal processing capacity of the sulphide flotation circuit from 1,000 tonnes per day to 1,250 tonnes per day.

Key Details

• Overall Progress: The processing plant rehabilitation is 50% complete.
• Primary Raw Material Feed and Crushing Circuit:
  • Work is nearing completion.
  • Remaining tasks include refurbishment/strengthening of primary run-of-mine material bins.
  • Installation of new vibrating grizzly screen and primary jaw crusher (long-lead items already on site).
  • Scheduled completion: Next few weeks.
• Flotation Circuit:
  • Eight new 1,000-cubic-foot sulphide flotation cells have been set into operating locations.
  • Next steps: Installation of agitators, piping, and electrification.
  • Expected completion for new cells: End of Q1 2026.
  • Capacity Expansion: Nominal processing capacity of the sulphide flotation circuit to expand from 1,000 tonnes per day to 1,250 tonnes per day.
  • Existing cleaner cells: Eight cells currently being refurbished and will be installed sequentially over the next 8–10 weeks.
• Oxide Circuit:
  • Rehabilitation of six leach tanks is underway (40% complete).
  • Seven holding and conditioning tanks require rehabilitation; one conditioning tank will be replaced.
  • Expected completion: Early Q2 2026.
• Milling Area:
  • Rehabilitation of three ball mills and supporting infrastructure is under way.
  • Activities include relining ball mills, revamping the cooling system, and installing new cyclones and pumps.
• Qualified Person: Shane Ghouralal, PEng, Director of Technical Services, has reviewed and approved the scientific and technical information.

Notable Quotes

• "We are pleased to report that overall rehabilitation of the La Parrilla processing plant has reached 50-per-cent completion. This progress represents an important project milestone on the path to potentially restarting the operations at La Parrilla in the second quarter of 2026." — Greg McKenzie, President and CEO