Silver Storm Receives La Parrilla Surface Drilling Permits
Toronto, Ontario, June 18, 2026: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: 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.
An initial exploration plan has been developed for the C340 and 14 Marcos targets:
At the C340 target, Silver Storm has two objectives: a) upgrading the Inferred Resources at the past-producing Rosarios mine to the Indicated category; and b) growing the resources by extending the known mineralization to the west. In addition, the Company is planning to test the high-grade mineralization in the upper levels of the C193 zone. Approximately 3,600 metres (“m”) of surface drilling are currently planned in the target area.
At the 14 Marcos target, historical artisanal mining was carried out on two levels to a depth of approximately 100 m. The expected down-dip projection of the vein mined by artisanal miners lies approximately 140 m south of mine development within the Rosarios mine. Silver Storm will conduct initial 3,000 m of surface drilling to test the mineralization at the 14 Marcos target to a depth of 300 m.
