Pacifica Silver Receives Permits to Drill New High-Priority Targets at Claudia Project

Executive Summary

• Pacifica Silver received new permits authorizing drilling at up to 153 additional sites on its 100% owned Claudia Silver‑Gold Project in Durango, Mexico.
• The permits enable immediate follow‑up drilling of high‑grade targets (Mina Vieja, Mina de Oro, Justina vein) identified from surface chip sampling and recent Phase I drill results.
• Phase II drilling will be re‑allocated to test these new high‑priority targets while maintaining one rig on the Aguilareña vein system; additional 172 surface chip samples have been submitted for assay to refine targeting.

Key Details

• Permit Scope: Authorization for up to 153 new drill sites across the Claudia Project, including Mina Vieja, Mina de Oro, Justina vein, and additional locations around the Aguilareña and Guadalupana veins.
• High‑Priority Targets:
• Mina Vieja & Mina de Oro – surface chip assays up to 22.7 g/t Au and 480 g/t Ag; extend the Aguilareña‑Tres Reyes vein system ≥ 500 m south of historic Tres Reyes mine.
• Justina vein – surface chips up to 23.6 g/t Au and 77 g/t Ag; Phase I drill hole 25CLAU059D intersected 2.10 m @ 3.53 g/t Au, 460 g/t Ag (including 0.80 m @ 9.01 g/t Au, 1,175 g/t Ag) from 219 m depth.
• Drilling Plan:
• Three diamond rigs currently on Aguilareña vein system; two will be re‑deployed in coming weeks to test Mina Vieja, Mina de Oro, and Justina vein.
• One rig remains dedicated to continued definition/expansion of the Aguilareña vein.
• Additional Sampling: 172 new surface rock chip samples collected from the southern project area; results pending to aid geological modeling and future drill target prioritization.
• Quality Assurance / Quality Control (QA/QC): Detailed description of core handling, sample preparation, and laboratory analysis procedures for both drill core (ALS Minerals) and surface chips (SGS de Mexico), including ISO/IEC 17025 accreditation and use of blanks, standards, and re‑assays for high‑grade samples.
• Qualified Person: Patrick Loury, AIPG CPG, Exploration Technical Advisor, reviewed and approved technical content per NI 43‑101.

Notable Quotes

“We are very pleased to receive this new set of permits within six weeks of application,” said Todd Anthony, CEO. “These approvals allow us to immediately follow up on our recent high‑grade discovery at the Justina vein and to drill test the highly prospective Mina Vieja and Mina de Oro areas… This expanded access will enable continued step‑out drilling to expand known zones of high‑grade silver‑gold mineralization, while systematically evaluating the broader potential of this large, under‑explored epithermal system throughout 2026.”