President, Scott Emerson, commented: “We have now completed geochemical sampling over our targeted zones. As previously noted on the Soledad structures and now at Silvia and Plata, the presence of high-grade samples hosted in intrusive, volcanic and sedimentary rocks confirm these are highly prospective areas for drilling in our upcoming drilling campaign.”

Alberto Orozco, Capitan’s CEO stated: “I am very excited about the upcoming restart of drilling at the Cruz de Plata project. Over the past several months, our technical team has been diligently refining and enhancing our understanding of key drill targets. With the successful closing of our recent financing, we are now positioned to begin testing these targets as we continue to evaluate the project and generate new opportunities. I have great confidence in the geology and strong potential of Cruz de Plata, and I believe this next phase of work will be instrumental in unlocking its value.”

John Skeet, Mithril’s Managing Director and CEO commented: “Drilling at La Soledad in the Target 1 area has continued to produce exceptional results for this silver and gold rich multi-level historic mine area. The La Soledad structure is open at depth and to the north-west with the opportunity to locate additional ‘ore shoots’ along strike.”

Chairman and CEO, James Anderson said, “We have identified a greater than two-metre wide mining block at Santo Nino consisting of significant tonnage and grade. Further exploration potential west of this new production area is highly prospective and will remain at the forefront of our exploration campaigns throughout 2025.”

“With our widest high-grade silver intercept to date, we believe significant additional mineralization remains to be discovered as we continue to drill along strike at the Promontorio Vein Zone,” stated Darrell Rader, President and CEO, “These results validate historic reports of substantial vein widths mined across a number of the 26 vein zones on the Alamos project and will be incorporated into our upcoming maiden resource estimate.”

Vice President of Exploration, Rob Macdonald stated “This recent drilling successfully demonstrates both the lateral and down dip extensions of relatively shallow mineralization around the South Skarn deposit. Similar shallow targets are identified around both the Bocona and North Felsite deposits. Mineralization also remains open at depth, particularly on the eastern side of the Cerro which with further exploration, can continue to add high margin mineralization early in the modelled production scenario.”