Silver Storm Announces Several Intercepts > 1,000 g/t Ag.Eq From the La Estrella Zone

Written By Silver Storm Mining Inc.

Toronto, Ontario, November 19, 2024: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTC: SVRSF | FSE: SVR), is pleased to announce further drill results from its Phase 2 diamond drilling program at the Company’s 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. Results from the nine holes contained within this release are from the La Estrella Zones and San Rafael Zones in the Quebradillas mine. These zones were not modeled or included in the NI-43-101 Mineral Resource Estimate prepared by SRK for the La Parrilla Silver Mine Complex published on August 10, 2023.

Key highlights include:

Numerous high-grade intercepts were encountered with the La Estrella (“VES”) and San Rafael (“VSR”) Zones in proximity to previous mined stopes. The current drill results, when combined with historical holes drilled by First Majestic (“FM”), are expected to have a positive impact on future Mineral Resources.

  • Hole Q-24-039 returned 1,546 g/t Ag.Eq1 over 0.49 metres (“m”), 2,550 g/t Ag.Eq over 0.50 m, and 1,034 g/t Ag.Eq over 0.94 m within a broader interval of 768 g/t Ag.Eq over 7.26 m from the interpreted intersection of the VES and VSR Zones.

    • This high-grade intercept is located ~25 m below a previously mined stope

  • Hole Q-24-031 returned 2,495 g/t Ag.Eq over 0.40 m and 640 g/t Ag.Eq over 1.56 m within a broader interval of 382 g/t Ag.Eq over 3.50 m from the interpreted intersection of the VES-A, Quebradillas Bajo, and C1524 Zones.

    • These high-grade intercepts are located ~10 m to the east of a previously mined stope

  • Hole Q-24-035 returned 1,313 g/t Ag.Eq over 0.50 m and 502 g/t Ag.Eq over 0.50 m within a broader interval of 361 g/t Ag.Eq over 5.00 m from the VES Zone and 1,019 g/t Ag.Eq over 0.90 m within a broader interval of 422 g/t Ag.Eq over 4.36 m from the interpreted intersection of the VES-B and Quebradillas Zones.

    • These high-grade intercepts are located ~80 m above a previously mined stope

  • Hole Q-24-036 returned 1,690 g/t Ag.Eq over 0.50 m within a broader interval of 333 g/t Ag.Eq over 5.75 m from the VES-A Zone.

    • This high-grade intercept is located ~80 m above a previously mined stope

  • Hole Q-24-038 returned 1,248 g/t Ag.Eq over 1.12 m within a broader interval of 482 g/t Ag.Eq over 8.19 m from the VSR Zone.

    • This high-grade intercept is located ~40 m to the east of a previously mined stope

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