BP Silver Intersects Bonanza Grade Silver at the Cosuno Silver Project

Executive Summary

• BP Silver released final assay results for the remaining eight holes of its eleven‑hole Phase I drill program at the Cosuño project, confirming high‑grade silver mineralization across all four targets.
• Notable intercepts include 5 m @ 600.4 g/t Ag (including 1 m @ 1,655 g/t Ag) in hole CO‑0008 and 1 m @ 526 g/t Ag in hole CO‑0009, materially de‑risking the project and indicating a robust, open‑ended silver system.
• The company engaged Adelaide Capital for investor‑relations services (C$10,000/month) and reiterated its plan to advance exploration with geophysical surveys and Phase II drilling.

Key Details

• High‑grade Silver Intercepts
• CO‑0008 (Pocañita Chica): 5 m @ 600.4 g/t Ag; 1 m @ 1,655 g/t Ag.
• CO‑0009 (Pocañita Chica): 1 m @ 526 g/t Ag; 6 m @ 147 g/t Ag.
• Other Significant Intercepts (selected)
• CO‑0004 (Pocalleta): 2 m @ 212.5 g/t Ag; 1 m @ 243 g/t Ag.
• CO‑0006/CO‑0006A (Benhur): up to 3 m @ 80.63 g/t Ag.
• Multiple intervals in holes CO‑0001, CO‑0002, CO‑0003 showing Ag grades from ~22–130 g/t and Au up to 0.59 g/t.
• Assay Methodology – Ag by aqua regia/ICP‑MS; Au for early holes by fire assay, later holes by semi‑quantitative ICP (pending fire assay). QA/QC performed by ALS (ISO‑17025 accredited); core recovery average 96.4%.
• Project Scope – Phase I tested four priority targets along a ~2.7 km NE‑SW corridor within a 10.5 km² alteration zone; all targets returned silver mineralization, confirming depth potential and open‑ended strike/vertical continuity.
• Pathfinder Elements – Intersections of antimony, bismuth, copper, indium, lead, tin, zinc were recorded (e.g., 38 m @ 0.18% Sb in CO‑0008; 12 m @ 0.13% Sn in CO‑0008).
• Future Work – Planned extensive geophysical surveys, refinement of Phase II drill plan, and identification of additional concealed targets.
• Investor Relations Engagement – Adelaide Capital contracted for IR services (C$10,000/month) from 2026‑02‑01 to 2026‑04‑01, renewable month‑to‑month; agreement subject to TSX‑V approval.
• Qualified Person – Dr. Stewart D. Redwood, PhD, FIMMM (Director & QP) reviewed technical information (not independent under NI 43‑101).

Notable Quotes

“Our recent drill program has delivered compelling high‑grade silver results… These results validate the potential discovery of deposit within the large 10.5 km² alteration zone that remains largely covered and only minimally tested.” – Dr. Stewart D. Redwood, Director & Qualified Person

“We expect Cosuño's grades to increase when we drill deeper into and below the lithocap… positioning the project for continued growth.” – Dr. Stewart D. Redwood

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