Highlander Silver Reports Results of Step-Out Drilling at Bonita: 24.8m at 7.43 g/t Au and 16.45 g/t Ag; 40.4m at 3.42 g/t Au and 16.93 g/t Ag

Executive Summary

• Highlander Silver reported assay results from a second series of step‑out drill holes testing the expanding Bonita vein system at its San Luis gold‑silver project in Central Peru.
• The holes returned several high‑grade intercepts, including 24.8 m @ 7.43 g/t Au (BOD‑013) and 40.4 m @ 3.42 g/t Au (BOD‑010), extending mineralization southeast of prior drilling and keeping the vein open in all directions.
• A magnetic survey covering ~5,000 ha has been completed to aid future targeting; additional results are expected in roughly six weeks.

Key Details

• Hole BOD‑013: 24.8 m interval from 28.7 m depth grading 7.43 g/t Au and 16.45 g/t Ag.
• Hole BOD‑010: 40.4 m from surface grading 3.42 g/t Au and 16.93 g/t Ag.
• Hole BOD‑014: 19.1 m from 37.7 m depth grading 3.50 g/t Au and 11.57 g/t Ag.
• Hole BOD‑015: 23.7 m from 34.3 m depth grading 3.31 g/t Au and 9.60 g/t Ag; zone remains open to the southeast.
• Additional holes (BOD‑011, BOD‑012) returned lower grades but confirm continuity of the vein system.
• The Bonita vein system lies ~10 km south and 700 m lower in elevation than the Ayelen underground deposit, spanning an exposed area of roughly 800 m × 200 m and remaining open in all directions.
• A drone‑based magnetic survey (≈5,000 ha) has been completed to map subsurface structures west and east of the vein.
• QA/QC: HQ core, split‑core method; samples analyzed by ALS Peru using fire assay for Au and ICP for Ag, with field duplicates, blanks, and standards comprising >15 % of total samples.
• Qualified Person: Dr. Sergio Gelcich, P.Geo., Vice President Exploration, reviewed and approved the technical information.

Notable Quotes

“The results of step‑out drilling include some of the highest gold grades encountered to date and extend mineralization to the southeast of prior drilling,” – Daniel Earle, President & CEO.