Silver Wolf Completes Acquisition of the Ana Maria Project

About this update from Silver Wolf Exploration Ltd.

Silver Wolf Completes Acquisition of the Ana Maria ProjectVANCOUVER, BC / ACCESS Newswire / December 16, 2025 / Silver Wolf Exploration Ltd. (TSXV:SWLF)(OTCQB:SWLFF) ("Silver Wolf" or the "Company") is pleased to announce that it has issued to Avino Silver & Gold Mines Ltd. ("Avino") 2,000,000 common shares of the Company at a deemed price of C$0.20 per common share for an aggregate value of C$400,000, thereby completing all expenditure and option payment requirements to acquire a 100% interest in the Ana Maria and El Laberinto properties in Mexico pursuant to the terms of the option agreement with Avino dated August 12, 2020, as amended on October 8, 2020 (the "Option Agreement", and collectively, the "Transaction").Under the terms of the Option Agreement, the Company completed, in aggregate, the following requirements:Issued to Avino a total of C$600,000 worth of common shares of the Company, satisfied by the issuance of 3,181,718 common shares at deemed price of C$0.20Incurred over C$750,000 in exploration expenditures on the properties.The closing of the Transaction is subject to customary closing conditions in Mexico for transactions of this nature."Reaching this milestone ahead of schedule demonstrates our full commitment to advancing the Ana Maria project," said Peter Latta, President of Silver Wolf Exploration Ltd. "Full ownership of the project, combined with the recently completed and upsized private placement to fully fund the upcoming drill program, positions Silver Wolf and its shareholders for an exciting 2026. We have made significant advances in understanding the geology at Ana Maria and continue to work towards making a discovery. In addition, I would like to thank Avino for its ongoing support as an anchor shareholder and supporter of what Silver Wolf is looking to accomplish, and to emphasize the meaningful synergies that come from the companies working closely together in pursuit of a new discovery."VRIFY & Artificial Intelligence ("AI") Targeting UpdateTo advance the next phase of the project, Silver Wolf has partnered with VRIFY to deploy their exploration intelligence software for prospectivity mapping and targeting using AI. The software will help optimize Silver Wolf's upcoming 3000m, 13-hole program, while also identifying additional areas of potential mineralization and enabling the team to test future geological hypothe...

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