Strong Initial Silver-Gold-Manganese Mineralization at Prince Silver Project

Executive Summary

• Prince Silver Corp. released assay results from the first five RC drill holes of its 9,000‑m program at the Prince Silver Project, revealing multiple high‑grade silver, gold, manganese and base‑metal intersections.
• Notable intercepts include 1,331 g/t Ag with 0.16 g/t Au over 3.05 m (Hole PRC‑28) and 355 g/t Ag with 4.78 g/t Au over 3.05 m (Hole PRC‑27).
• The results support the company’s expectation that a 30‑hole program will confirm the tonnage‑grade ranges outlined in its historic Exploration Target (≈25–43 Mt, 37–40 g/t Ag, 0.28–0.40 g/t Au, etc.).

Key Details

• Drill Program: Ongoing 9,000 m reverse‑circulation program; first five holes (PRC‑26 to PRC‑30) assayed; 11 holes completed, 12th started Jan 9 2026; holes PRC‑31‑36 samples in lab, results expected early Feb 2026.
• Hole PRC‑26: 10.7 m @ 59.7 g/t Ag, 0.12 g/t Au, 10.97 % Mn, 1.04 % Pb, 2.07 % Zn.
• Hole PRC‑27: 9.15 m @ 139.92 g/t Ag, 0.68 g/t Au, 8.57 % Mn, 1.48 % Pb, 1.06 % Zn; plus 3.05 m @ 355.25 g/t Ag, 4.78 g/t Au, 2.69 % Pb, 4.72 % Zn.
• Hole PRC‑28: 3.05 m @ 1,331 g/t Ag, 0.16 g/t Au, 14.17 % Mn, 2.19 % Pb, 4.45 % Zn; and 1.25 m @ 101 g/t Ag, 23.9 g/t Au, 1.00 % Zn.
• Hole PRC‑29: 15.24 m @ 67.25 g/t Ag, 1.17 g/t Au, 2.46 % Mn, 1.79 % Pb, 0.84 % Zn; includes 3.05 m @ 120 g/t Ag, 3.62 g/t Au, 1.55 % Mn, 2.42 % Pb.
• Hole PRC‑30: Multiple intervals – 7.62 m @ 166.70 g/t Ag, 0.31 g/t Au, 8.70 % Mn, 1.14 % Zn; 4.57 m @ 248.17 g/t Ag, 0.52 g/t Au, 13.24 % Mn, 0.96 % Pb, 1.55 % Zn; 10.67 m @ 36.79 g/t Ag, 5.67 g/t Au, 1.44 % Zn; plus 7.62 m @ 51.50 g/t Ag, 7.73 g/t Au, 1.99 % Zn.
• True Width Adjustment: Intersections are not true width; estimated true widths = 94‑98.5 % of reported (based on 10‑20° dip).
• Exploration Target (historic): 25‑43 Mt; grades: 37‑40 g/t Ag, 0.28‑0.40 g/t Au, 3.62‑4.30 % Mn, 1.44‑1.57 % Zn, 0.78‑0.87 % Pb.
• Operational Update: Second drill rig arriving mid‑January to increase drilling efficiency and accelerate the program toward an initial mineral resource estimate.
• QA/QC: Duplicate samples, field standards, blanks; analysis by Skyline Assayers & Laboratories (ISO‑accredited) using 43‑element MS‑ICP, aqua regia digestion, fire assay for Au/Ag, wet chemical assays for Mn/Zn/Pb where needed.
• Qualified Person: Ralph Shearing, P.Geo., Director & President, reviewed and approved technical disclosure.

Notable Quotes

“Our first five RC drill holes have encountered multiple thick, well mineralized intersections from reasonably shallow depths… These initial results indicate the strong likelihood that our planned 30‑hole drill program will be successful in verifying the range of tonnes and grades outlined in the Exploration Target.” – Derek Iwanaka, CEO & Director

All forward‑looking statements are subject to risks and uncertainties as described in the release.