Argenta Silver Corp. Drills 545 g/t Ag over 43.20 meters including 1,302 g/t Ag over 8 meters in a 70-meter step-out drill hole, and Defines a New Exploration Target

TSX-V: AGAG

Argenta Silver Corp. (TSXV: AGAG,OTC:AGAGF) (OTCQB: AGAGF) (FSE: T1K) ("Argenta" or the "Company") is pleased to report the third batch of assay results from its 2025 winter diamond drilling program at the 100% owned El Quevar Project in Salta Province Argentina . These results indicate ongoing continuity of the Yaxtché Deposit for 70 meters to the northwest (step-out hole QVD-414 ) extending the known mineralized footprint, while additional drill results highlight a promising new exploration target named Atenea. The 2025 Winter Drill Program has been completed, and the company is already working on plans for the upcoming summer drill season. Remaining results from the 2025 Winter Program are still pending.

Highlights

  • QVD-414 - step-out success: 545 g/t Ag over 43.20 meters, including 1,302 g/t Ag over 8.00 m and including 905 g/t Ag over 7.70 m , extending the resource zone to the northwest. *
  • QVD-416 – initial test of the new Atenea target: 314 g/t Ag over 2.00 meters. This result indicates the potential for discovery of new mineralization zones and the expansion of the overall scope of the project. *

*Intervals shown are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time.

Joaquin Marias, CEO, President and Director of Argenta Silver Corp. commented: "With silver prices at record highs, our team continues to deliver strong results at El Quevar. A successful 70-meter step-out drillhole down-plunge of the existing resource returned 43.20 meters averaging 545 g/t silver, providing clear motivation to continue drilling along this trend. In parallel, a newly defined target named Atenea—in honor of the goddess of knowledge and strategy—has yielded encouraging intercepts, including 2.00 meters at 314 g/t silver and multiple additional silver values, positioning it as a compelling new target within the project. We are also awaiting assay results from six drillholes, including the exploration targets Andrea and Mani. With the 2025 Winter Program now complete, our team is actively preparing for the upcoming program, which is expected to commence in October 2025 ."

2025 Winter Drilling Program Results – Third Group of Results

Drilling commenced in late May as part of a fully funded 4,000 m winter campaign designed to confirm known high–grade zones, step out along strike, and test new targets. Assays from the first group of results were announced on July 21, 2025 (see news release from July 21, 2025 ) and from the second group of results on August 13, 2025 (see news release from August 13, 2025 ). The 2025 Winter Drilling Program concluded in the second week of September. Pending results from the remaining drillholes are expected by early and late October. The company is currently working on a drill plan for the next program.

Of the four drill holes from the third batch of results with assays in hand (see Figure 01):

  • One step–out hole (QVD-414) successfully extended the known mineralized footprint by 70.50 meters to the northwest (see Figure 02). This area was previously untested by historical drilling and was recently identified by Argenta's technical team as having strong potential. The positive result encourages the company to further test the down plunge extension of the current deposit with additional step-out drill holes and supports infill drilling in upcoming campaigns.

  • Up-dip expansion drillhole (QVD-415) was strategically placed to test for the upper edge of the mineralized zone. This drilling successfully validated the company's geological model, providing crucial information about the deposit's boundary.

  • Exploration drillholes (QVD-416 and QVD-417) have successfully identified a new exploration target, named Atenea . Located approximately 400- and 700-meters north of the Yaxtché Deposit, with one hole returning significant silver values and the other returning anomalous silver values. These results indicate the potential for new mineralization zones, which may expand the overall scope and upside of the project.

Table 1: 2025 Winter Drilling Program Third Batch of Assays (cut-off-100 g/t Ag)*

Hole ID

From [m]

To [m]

Length [m]

Ag [g/t]

Au [g/t]

Pb [%]

Zn [%]

Cu [%]

End Of
Hole [m]

QVD-414

330.50

373.70

43.20

545

0.01

1.63

1.39

0.05

425.00

including

330.50

338.00

7.50

443

0.01

0.52

1.08

0.06

including

342.00

346.00

4.00

312

0.01

1.19

3.02

0.04

including

356.00

364.00

8.00

1302

0.01

3.84

0.38

0.12

including

366.00

373.70

7.70

905

0.01

0.83

0.52

0.06











QVD-415

64.50

80.00

15.50

2

0.01

0.00

0.00

0.00

266.00

and

171.00

176.00

5.00

1

0.01

0.04

0.16

0.00

and

207.00

208.00

1.00

1

0.01

0.03

0.00

0.00

and

214.00

217.30

3.30

3

0.01

0.09

0.25

0.00

and

259.00

263.00

4.00

2

0.01

0.05

0.16

0.00











QVD-416

38.00

40.00

2.00

314

0.01

0.00

0.01

0.20

286.00

and

84.00

97.00

13.00

1

0.01

0.03

0.00

0.01

and

118.00

119.00

1.00

1

0.01

0.00

0.02

0.00











QVD-417

0.00

1.00

1.00

1

0.01

0.00

0.01

0.00

141.00

and

30.00

31.00

1.00

2

0.01

0.00

0.01

0.00

and

69.00

70.00

1.00

1

0.01

0.00

0.01

0.00

*Intervals shown are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time.

Completion of 2025 Winter Drill Program

Argenta Silver Corp. is also pleased to report the successful completion of its 2025 Winter Drill Program , which commenced in late May and concluded on September 11, 2025 . The program, designed for 4,000 meters, was completed with a total of 16 drillholes for 4,244 meters .

To date, results from 10 drillholes (2,409 meters) have been released, including those disclosed in this announcement. Assays for the remaining six drillholes are pending and are expected to be received in October 2025 .

With the winter program complete, Argenta is advancing preparations for the 2025–2026 Summer Drill Program , which reflects the interannual summer season in the Southern Hemisphere. The Company is fully funded for this next campaign, targeting between 12,000 and 15,000 meters of drilling .

Capital allocation will be directed as follows:

  • 40% to the Resource Expansion Program ; and
  • 60% to the New Discoveries Program .

Both programs will run in parallel and simultaneously , underscoring Argenta's aggressive approach to exploration. This strategy is designed to advance the potential expansion of the existing resource while unlocking new discoveries across a property that has historically seen exploration over only 3% of its surface area.

Management believes this dual focus positions the Company to maximize the upside exploration potential of the El Quevar Project while continuing to strengthen the resource base.

Webinar

Please join CEO Joaquin Marias for a live webinar on Tuesday September 23rd at 12pmET / 9amPT . A live Q&A will follow an initial discussion. Register here to secure your spot: https://6ix.com/event/argenta-silver-corp-third-batch

About El Quevar Project

The El Quevar Project is located in Salta, Argentina and spans an area of 57,000 hectares. The property remains underexplored with less than 3 % of the area covered with comprehensive exploration work. The property boasts exceptional infrastructure with over 60 km of internal roads, a fully owned, fully operational camp for 100 workers with multiple support buildings, and a railroad, gas pipeline and service road just 3 km from camp, while a high–voltage transmission line lies approximately 20 km from the exploration area. The robust infrastructure associated with the project provides a cost-effective platform to de–risk and accelerate future drilling and development.

The foundational Mineral Resource Estimate of the Yaxtché deposit boasts an indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag , and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag (1). The mineral resource area remains open at depth and in multiple directions, particularly to the southeast and northwest. One of the objectives of the 2025 Winter Drilling Program is to specifically target and expand these high-grade Yaxtché zones.

The mineralization at the Yaxtché deposit is defined as a silver rich, high to intermediate-sulphidation epithermal system with associated gold. Mineralization is controlled by NW-SE and NE-SW fault structures and is mainly hosted in brecciated zones and dacite domes. Silver minerals at Yaxtché consist of complex silver sulphides, sulphosalts and native silver. These minerals are found within silicified breccias, commonly appearing as veinlets, stockworks, disseminations, and breccia fillings.

QAQC Statement

The Company adheres to CIM Best Practices Guidelines for exploration-related activities conducted on its property. Quality Assurance and Quality Control (QA/QC) procedures are overseen by a Qualified Person.

All geochemical sample assay results from Argenta Silver have been independently monitored through a rigorous QA/QC protocol. This protocol includes the regular insertion of blind standard reference materials, blanks, and duplicates.

The logging and sampling of the El Quevar drill core were completed at Argenta's core handling facilities in Salta, Argentina . Drill core was diamond-sawn on-site, and half drill-core samples were securely transported to Alex Stewart Laboratories' (ASI) sample preparation facilities in Jujuy, and forwarded to their facility in Mendoza, Argentina for analysis. The other half-core is retained on site for reference.

Soil samples were prepared by drying and sieving to minus 80 mesh. Rock chip and diamond drill core samples were dried and then underwent 2 stages crushing to 80% passing minus 10 mesh before collecting a 600-gram split that was pulverized to 90% passing -140 mesh. A 200-gram split is sent for analysis and the remaining 400g is archived. All samples were analyzed for gold using a fire assay on a 50-gram sample with an AAS finish, and for 39 elements by 4 acid, ICP-OES on a 0.2-gram sample. Soils were also analyzed for mercury using cold vapor AA on a 0.2-gram. Overlimit silver was determined by a 50-gram fire assay with a gravimetric finish and over limit lead, zinc and copper were determined by ICP_OES using a mixture of highly oxidizing acids on a 0.2-gram sample.

Qualified Person

Rob van Egmond , P.Geo., a "qualified person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release. Rob van Egmond , P.Geo. has visited the El Quevar Project and is not independent of the Company.

(1) Refer to NI43-101 technical report with effective date of September 30, 2024 , titled "NI 43-101 Technical Report on the Mineral Resource Estimate of the El Quevar Project Salta Province, Argentina ", posted on www.SEDAR.com under Argenta Silver Corp.

About Argenta Silver Corp.

Argenta Silver Corp. is a silver exploration company committed to (or- "focused on") advancing projects that support the global energy transition. Our mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America. Led by an experienced management team with deep expertise in exploration, finance, and project development, Argenta emphasizes responsible mining practices and is well-positioned to meet the rising demand for silver — a critical metal in renewable energy and emerging technologies.

On behalf of Argenta Silver Corp.

"Joaquín Marias"

President and Chief Executive Officer

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements and forward-looking information as defined by applicable securities laws. Forward-looking statements include risks and uncertainties, as detailed in the Company's disclosure. The Company undertakes no obligation to update these statements except as required by law.

Forward Looking Information

Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the El Quevar project; potential for resource expansion and significantly larger mineralization beyond the current resource; further results from on-going exploration and evaluation of assays.

Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE Argenta Silver Corp.

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The company also announced that Julian Woodcook has resigned as technical director to focus on his Managing Director role at Viking Mines Ltd. He has been instrumental in the rapid advancement of the Company's Mojave Project and will continue to offer strategic guidance to the company in a technical consulting capacity.

Locksley Resources ( https://www.locksleyresources.com.au ) is an Australian-based explorer focused on critical minerals and base metals, with assets in both the U.S. and Australia . The company is actively advancing its U.S. Asset, the Mojave Project, in California , targeting rare earths elements (REE) and antimony (The Desert Antimony Mine). The company also has a strategic collaboration with Rice University to develop DeepSolvâ„¢ for domestic processing of North American antimony. This agreement is a cornerstone of Locksley's U.S. Critical Minerals and Energy Resilience Strategy to accelerate "mine-to-market" deployment of antimony in the U.S.

Contact: Beverly Jedynak , beverly.jedynak@viriathus.com , 312-943-1123; 773-350-5793 (cell)

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SOURCE Locksley Resources

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1911 Gold Commences Underground Drill Program at True North Gold Project

1911 Gold Commences Underground Drill Program at True North Gold Project

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB,OTC:AUMBF; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that it has entered the next phase of advanced exploration, with the commencement of the Company's first underground drill program at the Company's wholly-owned operational and fully permitted True North Gold Project, located in Manitoba .

Highlights

  • The first underground drill rig has been mobilized to Level 16, approximately 695 metres ('m") below surface, to commence exploration drilling on the San Antonio Southeast ("SAM SE"), San Antonio West ("SAM W") and new Shore exploration targets.
  • Underground drilling will be expanded to include testing the extensions of the current resource and completing infill drilling to upgrade zones identified for development in the Preliminary Economic Assessment ("PEA") currently underway.
  • The current underground drilling plan is comprised of approximately 25,000 m in 122 holes.
  • A total of 20,342 m of surface exploration drilling in 71 holes has now been completed, primarily on the SAM W and SAM SE targets
  • The assay results from 11 surface drill holes at SAM SE and SAM W, totalling 5,368 m , drilling down to depths of approximately 550 m , are pending.

"Commencing underground drilling is a pivotal step in advancing the redevelopment of the True North Gold Mine," stated Shaun Heinrichs , President & CEO of 1911 Gold. "This program is designed to rapidly expand our current resource, extend the depth extensions of recent new surface discoveries that can meaningfully enhance the scale of our operations, and delineate two trial test mining areas. With strong community support and a fully permitted mill on site, we are excited to advance towards our next phase of growth."

The underground drill program marks a significant milestone as the Company advances its strategy to restart underground mining operations and build upon its existing permitted infrastructure and resource base. The focus of the current campaign will be on testing the resource size potential of newly identified drill targets, including SAM W and SAM SE (two recent discoveries located adjacent to the existing underground infrastructure and drill-tested from surface to depths of approximately 550 m ). The program will also target: potential mineral resource expansion through step-out drilling around the current resource; delineation drilling on two significant targets in preparation for trial test mining in 2026 on Level 16; and commence resource infill and upgrade drilling on areas identified for early production in the pending PEA. The underground drill program will initially utilize two (2) drill rigs, with additional rigs planned as access to new areas is established.

Program Description

The Company plans to complete approximately 25,000 metres of underground drilling in 122 drill holes over the next nine months.

Exploration Drilling

Drilling will test the down-dip extension of the SAM SE target, discovered during the surface drilling program, and the emerging Shore target (located directly southeast of SAM SE), hosted within the SAM gabbro unit at the intersection with the 007 shear zone. The 007 mine, which operated from 2010 through 2015, arose from the intersection of the 007 share zone and the shoreline basalt unit to the northeast of the SAM gabbro unit. A total of approximately 10,000 m in 24 drill holes is planned, from Level 16 and the lower portion of the L13 area within the Hinge decline once the Company regains access to that area. Rehabilitation of Level 6 is underway to facilitate drill access to test the down-dip extensions of the SAM W target.

Resource Expansion Drilling

Resource expansion drilling will focus on four (4) mineralized veins hosted within the 710-711, L10, 007 and Hinge zones, which can be drilled from the existing infrastructure on Level 16. The target areas are adjacent to known high-grade zones, which have demonstrated strong potential for resource expansion. Step-out drilling will test up and down-plunge extensions outside the current mineral resource. Approximately 6,000 m in 18 drill holes are planned for the initial resource expansion program.

Test Mining – Delineation Drilling

In preparation for a large test mining program in mid-2026, the Company will also complete approximately 9,000 m in 80 drill holes of delineation drilling. This drilling will focus on upgrading the resource to the measured category for two selected areas, which are accessible from Level 16 for both drilling and bulk sampling activities. The two areas designated within the mineral resource block model are hosted within the Hinge Zone (Vein 800 and 820) and the L10 Zone (Vein 1020 and 1040).

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice-President Exploration of 1911 Gold, who is a "Qualified Person" as defined under NI 43-101.

About 1911 Gold Corporation

1911 Gold is a junior gold developer with a highly prospective, consolidated land package totalling more than 61,647 hectares, situated within and adjacent to the Archean Rice Lake greenstone belt in Manitoba . The Company also owns the True North mine and mill complex at Bissett, Manitoba , providing a fully permitted infrastructure hub to support future development. 1911 Gold believes its land package represents a prime opportunity to build a new mining district centred on the True North complex.

In addition, the Company holds the Apex project near Snow Lake, Manitoba , and the Denton-Keefer project near Timmins, Ontario , and remains focused on advancing organic growth while pursuing accretive acquisition opportunities across North America .

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking information and statements, collectively ("forward-looking statements"), within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, predictions, projections, forecasts, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about exploration plans and the timing and results thereof, as well as statements relating to the plans and timing for the potential mining operations at the True North Gold Project, including test mining and the benefits therefrom, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE 1911 Gold Corporation

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