Silver Storm Receives La Parrilla Surface Drilling Permits

About this update from Silver Storm Mining Ltd.

TORONTO, ON / ACCESS Newswire / June 18, 2026 / Silver Storm Mining Ltd. ("Silver Storm" or the "Company") (TSXV:SVRS)(OTCQX:SVRSF)(FSE:SVR) is pleased to announce that it has secured permits for the construction of 62 drill pads and 27 access roads at the Company's 100%-owned past-producing La Parrilla Silver Mine Complex ("La Parrilla") in Durango State, Mexico. The permits were issued by the Mexican federal authority, Secretaria de Medio Ambiente y Recursos Naturales ("SEMARNAT"), and are valid for a period of 4 years. Greg McKenzie, President and CEO, stated, "Securing the permits to conduct surface drilling is an important milestone for our 2026 exploration program at La Parrilla. With multiple promising surface exploration targets on the La Parrilla land package, we are excited about the potential to grow the resource footprint on the property." The permits authorize Silver Storm to construct surface drill pads and access roads to carry out drilling on 24 sites at the La Ilusion - Argenis target, as well as 32 sites at the 14 Marcos and Rosarios - C340 West Extension ("C340") targets (Figure 1). Figure 1: Plan view of permitted drill pads and access roads An initial exploration plan has been developed for the C340 and 14 Marcos targets: Extension of the Tailings Storage Facility Permit SEMARNAT has provided an authorization for the continued operation of the existing tailings storage facility ("TSF") at La Parrilla for an additional period of 10 years. The previous authorization by SEMARNAT to utilize the TSF for the disposal of tailings generated at La Parrilla was scheduled to expire in 3Q 2026. As a result of SEMARNAT providing the new authorization, the TSF will maintain its environmental operating license, ensuring the operational continuity of La Parrilla. Qualified Persons The scientific and technical information in this document has been reviewed and approved by Qualified Persons, as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). The Qualified Persons are Shane Ghouralal, P.Eng., Director, Technical Services of the Company, and Bruce Robbins, P.Geo., Chief Geologist of the Company, engaged as an independent consultant to the Company. About Silver Storm Mining Ltd. Silver Storm Mining Ltd. holds advanced-sta...

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