Zacatecas contractor Major moves drill to El Cristo

Executive Summary

• Major Drilling’s diamond drill rig and crew have arrived on‑site at the El Cristo target of Zacatecas Silver’s flagship project in Zacatecas, Mexico.
• The first drill hole is expected to be collared within the next week, initiating a focused drilling program on priority vein targets and newly modeled zones.
• The mobilization marks the transition from preparatory work to active exploration, positioning the company for an upcoming “catalyst‑rich” phase with potential resource expansion.

Key Details

• Drill Contractor: Major Drilling Mexico (wholly owned subsidiary of Major Drilling Group International Inc., TSX: MDI).
• Equipment Arrived: Diamond drill rig and full drilling crew, now on site at the El Cristo target within the Zacatecas silver project.
• Program Timeline: First hole to be collared within ~1 week of arrival; sustained drilling campaign anticipated thereafter.
• Target Focus:
• Extensions of known silver‑base metal mineralization along strike and depth on the El Cristo vein system.
• Newly defined targets generated from recent geological modelling and surface work.
• Geological Context:
• El Cristo lies within the Fresnillo silver belt, a world‑class district with historic drilling intersecting mineralization in 22 of 28 scout holes.
• Vein system extends ~3 km and is interpreted as the northwestern continuation of the prolific Veta Grande system; open in multiple directions.
• Historical Resource Highlight: Prior resource update (May 31, 2023) reported 20.5 M oz AgEq at the Panuco South/North underground zones (3.41 Mt @ 187 g/t AgEq).
• Management Commentary: CEO Eric Vanderleeuw emphasized that the mobilization is a “significant milestone” and signals the start of an “exciting new phase of exploration,” expecting consistent news flow and potential resource growth.
• Qualified Person: Technical information reviewed and approved by Chris Wilson, COO and director of Zacatecas Silver (NI 43‑101 qualified).

Notable Quotes

“The successful mobilization of Major Drilling to El Cristo is a significant milestone for the company and marks the start of an exciting new phase of exploration… we are entering a period of sustained activity and consistent news flow.” – Eric Vanderleeuw, CEO

All forward‑looking statements are subject to risks and uncertainties; readers should refer to the company's Safe Harbour disclaimer.