BP Silver Finalizes Targets for Upcoming Drill Program at its Cosuno Silver Project, Bolivia

Executive Summary

• BP Silver Corp. has finalized drill‑testing targets and engaged Maldonado Exploraciones to execute the inaugural diamond drilling program at the Cosuño Silver Project in Bolivia.
• The program, expanded after a $2.5 M financing round last month, will begin drilling in early November and includes four high‑grade silver targets with grades up to 1,035 g/t Ag.
• Drill pad preparation is already underway; the project covers ~10.5 km² of untested hydrothermal system with advanced argillic alteration and surface mineralization.

Key Details

• Drilling Contractor: Maldonado Exploraciones (Bolivian drilling contractor).
• Project: Cosuño Silver Project, Bolivia – ~10.5 km² untested silver‑rich hydrothermal system.
• Target Generation: 4 exploration targets identified; highest reported grade is 1,035 g/t Ag for initial drill testing.
• Program Expansion: Added additional drill holes following a $2.5 M financing completed the previous month.
• Schedule: Drill pad preparation in progress; drilling slated to start early November 2025.
• Qualified Person: Dr. Stewart D. Redwood, PhD, FIMMM (NI 43‑101).
• CEO Quote: Tim Shearcroft highlighted the timing with record‑high silver prices and the significance of moving forward with Maldonado for inaugural drilling.

Notable Quotes

“We are pleased to be moving forward with Maldonado for our inaugural drilling at the Cosuño Silver project. Following last month's successful $2.5 Million financing, we have expanded the program to include additional drill holes…with record‑high silver prices, the timing couldn't be better.” – Tim Shearcroft, CEO, BP Silver Corp.