Southern Silver Files NI43-101 Technical Report for its Preliminary Economic Assessment for the Cerro Las Minitas Project

Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reports that it has filed on SEDAR its National Instrument 43-101 Technical Report titled Preliminary Economic Assessment of the Cerro Las Minitas Project, Durango State, Mexico, dated October 13, 2022 (the "Technical Report"). The report was authored by M3 Engineering & Technology Corp. ("M3"), Kirkham Geosystems Ltd. ("KGL"), Entech Mining Limited ("Entech"), and Metallurgical Process Consultants Limited ("MPC").

Filing of the Technical Report follows Southern Silver's news release issued August 29^th, 2022 announcing the results of its Preliminary Economic Assessment ("PEA") on its 100% owned Cerro Las Minitas Project, Durango State, Mexico. Highlights from the PEA include:

PEA Highlights (all figures in $US unless otherwise noted):

Robust Project Economics - Base Case: after-tax NPV5% of $349M (C$450M) and IRR of 17.9% (using Ag- $21.95/oz, Cu - $3.78/lb, Pb - $0.94/lb and Zn - $1.33/lb);

Excellent Silver and Zinc Price Leverage - Base-case +15%: after-tax NPV5% of $561M (C$730M)and IRR of 24.4% (Ag- $25.24/oz, Cu - $4.35/lb, Pb - $1.08/lb and Zn - $1.53/lb);

Large-Scale Underground Mining Operation with a 15-year mine life with an annual average plant feed of 14.2 MozsAgEq (inc. 5.8 Mozs Ag) at an AISC of $13.27/oz AgEq sold;

High-Revenue Project: Base Case gross revenues total US$3.7B with silver representing 42% of revenues, zinc representing 39% of revenues. The project has an Initial CapEx of $341M and an NPV-to-CapEx ratio of 1.0X;

Well Located Project in a mining friendly jurisdiction with excellent infrastructure in southeast Durango state, Mexico; and

Further Exploration Upside: Drilling through to August 2022 has confirmed mineralized extensions to the Mina La Bocona and Skarn Front deposits that have not been incorporated into the current Resource Model. Other deposits remain open laterally and to depth and remain to be explored

About Southern Silver Exploration Corp.

Southern Silver Exploration Corp. is an exploration and development company with a focus on the identification of world-class mineral deposits in major jurisdictions, advancing them either directly or through joint-venture relationships. Our specific emphasis is on advancing the 100% owned Cerro Las Minitas project, one of the world's largest undeveloped silver-lead-zinc deposits, to a production decision.

Southern has assembled a team of highly experienced technical, operational and transactional professionals to support our efforts in developing (recent robust PEA) the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine. Our property portfolio also includes the Oro porphyry copper-gold project where a diamond drill program is underway and the Hermanas gold-silver vein project where permitting applications for the conduct of a drill program is underway; both are located in southern New Mexico, USA.

On behalf of the Board of Directors

"Lawrence Page"

Lawrence Page, Q.C.

President & Director, Southern Silver Exploration Corp.

For further information, please visit Southern Silver's website at https://www.southernsilverexploration.com or contact us at 604.641.2759 or by email at ir@mnxltd.com.

Qualified Person

The PEA for the Cerro Las Minitas project as summarized in this release was completed by Kirkham Geosystems Ltd. ("KGL"), M3 Engineering & Technology Corp. ("M3"), Entech Mining Limited ("Entech"), and Metallurgical Process Consultants Limited ("MPC"). The full Technical Report is available on Southern Silver's website and on SEDAR under Southern Silver Exploration Corp.

The scientific and technical content of this news release was reviewed and approved by Robert Macdonald, MSc. P.Geo, VP. Exploration, a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

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.

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Southern Silver Exploration Corp. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

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SSV:CA

Southern Silver Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants

Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") announces that it intends to apply to the TSX Venture Exchange ("TSXV") for approval to extend the original expiry dates of an aggregate 37,300,477 share purchase warrants (the "Warrants") as follows:

Number of Warrants	Exercise Price per Share	Closing Date of Private Placement	Original Expiry Date	Proposed Amended Expiry Date
15,597,500	$0.35	August 14, 2020	August 14, 2023	August 14, 2025
8,502,977	$0.38	August 14, 2020	August 14, 2023	August 14, 2025
1,200,000	$0.50	September 11, 2020	September 11, 2023	September 11, 2025
9,000,000	$0.75	June 16, 2021	June 16, 2023	June 16, 2026
3,000,000	$0.75	June 21, 2021	June 21, 2023	June 21, 2026

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Southern Silver Reports 9.1metres of 0.92% CuEq in a Recon Hole Testing Skarn/CRD Mineralization at the Oro Project, New Mexico; Corporate Update

Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" and the "Company") reports that it has received assay results from the final two core holes of its 4,050-metre, 2022 drilling program at its wholly owned Oro property, located in the Laramide-age, porphyry copper belt in southwestern New Mexico, USA.

Hole OR22-012 tested a strong ZTEM geophysical anomaly in an area believed to be relatively high in the metal system and where Cretaceous-age carbonate host rocks were expected to lie at relatively shallow depths beneath Laramide-age andesite volcanic rocks. The hole intersected veins with strongly anomalous gold (12.4 g/t over 0.8 metres at 495.7 metres depth)* in a banded anhydrite+pyrite+calcite breccia vein and, deeper in the hole, intersected anomalous silver and lead (908 g/t Ag and 10.4% Pb over 0.2 metres at 594.6 metres depth) in a barite+galena vein, consistent with expected metal zoning. Favourable carbonate host rocks were intersected with abundant sulfide minerals below a 6-metre-thick massive anhydrite vein at roughly 590-metres depth. The 427.2-metres interval from 578.6 to 1,005.8 metres averages 0.15% CuEq (0.08% Cu, 0.01% Mo, and 1.4g/t Ag), with variable mineralization continuing to the end of the hole at 1,006 metres depth. The strongest mineralization is 9.1 metres of 0.59% Cu, 0.01% Mo, 0.3 g/t Au, and 2.3g/t Ag (0.92% CuEq) from 834.5 to 843.7 metres in a carbonate replacement zone with abundant magnetite, specular hematite, and epidote with minor pyrite, calcite, and anhydrite. Dikes ranging from unaltered to strongly altered are common throughout the hole.

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Southern Silver Provides Mineral Resource Update That Includes Newly Identified Shallow High-Grade Deposit at the Cerro Las Minitas Project

Mineral Resource Update:
Indicated 140Mozs AgEq or 2.3Blbs ZnEq: 42.7Mozs Ag, 364Mlbs Pb, and 903Mlbs Zn; and
Inferred 210Mozs AgEq or 3.5Blbs ZnEq: 80.0Mozs Ag, 571Mlbs Pb, and 1,029Mlbs Zn

Southern Silver Exploration Corp. (TSXV: SSV) ("Southern") reports that Kirkham Geosystems Ltd. has completed an update of its independent Mineral Resource Estimate ("MRE") on the Cerro Las Minitas project in Durango State, Mexico. The updated MRE significantly expands sulphide resources in the La Bocona deposit through the incorporation of the North Felsite zone into the resource model. The revised estimate utilizes the same metal pricing and metallurgical recoveries as the previous 2021 MRE, utilizes a Net Smelter Return ("NSR") cut-off, as detailed in Table 1, and reports average grades on a AgEq, ZnEq and $USt NSR basis. The Mineral Resource estimates for the South Skarn, Blind-El Sol Skarn Front and Las Victorias deposits and the small oxide resource initially estimated in 2021, remains unchanged in this current update.

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Southern Silver Exploration Corp. Announces Participation in Red Cloud's 2022 Fall Mining Showcase in Toronto

Southern Silver Exploration Corp. (TSXV: SSV) is pleased to announce that the company will be presenting at Red Cloud's 2022 Fall Mining Showcase. We invite our shareholders and all interested parties to join us there.

The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 9-10, 2022.

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Freegold Announces Start of 2024 Drilling Program at Golden Summit

Freegold Ventures Limited (TSX: FVL) (OCTQX: FGOVF) ("Freegold" or the "Company") is pleased to announce the commencement of drilling at Golden Summit with two diamond drill rigs focused on identifying zones of higher grade gold mineralization.

Mineralization identified in the 2020 - 2023 drill programs demonstrates the higher-grade mineralization dips moderately south towards the Dolphin intrusive and is bounded toward the north by significant faulting. Mineralization is deeper toward the south.

In 2023, the drill program at Golden Summit successfully discovered higher-grade mineralization on the western side of the existing resource at a shallower depth. Building on this success, in 2024, the plan is to continue drilling on the western part of the Dolphin/Cleary deposit and extend the drilling coverage further to the west. Three distinct geochemical trends have been identified: two south-southwest flanking trends and a clear east-west trend spanning an additional 1.5 km. As Golden Summit is non-glaciated, the surface geochemistry has proven to be an excellent indicator of near-surface gold mineralization. The 2024 drill program aims to explore these trends to identify higher-grade shallow mineralization to improve the overall resource grade before commencing with economic studies. The current pit-constrained primary mineral resource at Golden Summit ( Feb. 2023 ), using a $1,792 gold price and a 0.45 g/t cut-off, is 12,011,000 oz @ 0.92 g/t Au (407,544,000t) indicated and 7,736,000 oz @ 0.85 g/t Au (282,303,000t) inferred.

Highlights from the 2023 Drill Program targeting the area west of Willow Creek

GS2314	Hole GS2314, located 150 metres west of 478950E, was drilled to the west.

HOLE NUMBER	AZIMUTH	DIP	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2314	270	-70	748.6	125	141.5	16.5	2.1
				293.6	296	2.4	82.5
				385.7	499	113.3	5.42
including				480.7	489.8	9.1	6.5
including				495.9	499	3.1	160

GS2331	Targeted the area to the north of the historic known veins, intersected several zones of higher-grade mineralization

HOLE NUMBER	AZIMUTH	DIP	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2331	360	-50	543.2	19.4	37	17.6	0.56
				215.5	259.4	43.9	0.92
				276.5	288	11.5	2.0
				370.9	406.8	35.9	1.41

GS2332	Drilled on the western edge of the current resource. Returned broad zones higher than resource grade, including multiple high-grade intercepts

HOLE NUMBER	AZIMUTH	DIP	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2332	360	-55	709.9	104.5	107.6	3.1	41.4
				355.7	358.8	3.1	25.3
				383.1	413.6	30.5	1.02
				474.6	500.8	26.2	1.23
				543.8	614.8	71	1.0
including				582.8	614.8	32	1.38

GS2333	The farthest southwest hole collared 200 metres west of the previous drilling, outside the existing resource and within a 1.5-kilometre-long gold-in-soil geochemical anomaly.

HOLE NUMBER	AZIMUTH	DIP	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2333	360	-50	632.2	106.7	107.6	0.9	12.15
				165.2	202.4	37.2	0.66
				355.7	632.2	276.5	1.76
including				355.7	404.5	48.8	1.31
including				438	505.1	67.1	4.25
including				502	505.1	3.1	79
including				608.3	632.2	23.9	4.09
including				614.4	617.5	3.1	24.2

GS2334	Drilled to the south. GS2334 appears to have drilled over the top of the projected zone of mineralization intersected in GS2333

HOLE NUMBER	AZIMUTH	DIP	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2334	180	-50	660.8	183.6	627.3	443.7	0.71
including				325.2	520.3	195.1	1.06
including				399.6	401.4	1.8	45.1
including				587	627.3	40.3	0.84

GS2335	It was drilled just west of Willow Creek, on the western edge of the current resource. Returned higher than resource grade, including multiple high-grade intercepts. GS2335 is notable in that it is closer to surface at significantly higher resource grade than seen on the east side of Willow Creek

HOLE NUMBER	AZIMUTH	Dip	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2335	360	-55	810.8	63.2	64.1	0.9	12.2
				96.6	511.1	414.5	0.8
including				96.6	230.1	133.5	1.43
including				142.3	145.4	3.1	27.1

GS2336	It was drilled just west of Willow Creek, on the western edge of the current resource and behind 2335. Returned higher than resource grade, including multiple high-grade intercepts. GS2336 is notable in that it is closer to surface at significantly higher than resource grade than seen on the east side of Willow Creek

HOLE NUMBER	AZIMUTH	Dip	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2336	360	-55	831.3	15.9	31.1	15.2	0.52
				166.1	218.5	52.4	0.59
				257.7	677.3	419.6	0.86
including				308.2	327.7	19.5	4.26
including				308.2	311.2	3	25.3
including				483.1	504.7	21.6	1.09
including				521.8	558.4	36.6	2.86
including				521.8	524.9	3.1	28.8
including				655.9	677.3	21.4	0.75
				708.7	726	17.3	0.86
				758.2	772.4	14.2	1.43

GS2337	It was drilled at an azimuth of 315 ^o to cross the Tolovana Vein swarm extensions to the southwest. The hole successfully intersected various zones of higher-grade mineralization.
HOLE NUMBER	AZIMUTH	Dip	DEPTH (M)	FROM (M)	TO (M)	INTERVAL (M)	AU G/T
GS2337	315	-50	784.3	260	704	444	0.85
including				341	354.7	13.7	1.21
including				367.8	443	75.2	1.31
including				367.8	369	1.2	20.2
including				506	517	11	2.27
including				552.1	575	22.9	0.94
including				668	704	36	2.01
including				668	671	3	13.45

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.

A plan map showing the locations of the drill holes targeting the area west of Willow Creek can be found here:

https://freegoldventures.com/site/assets/files/6287/goldensummit_dolphin-cleary_resource_drilling_western_a.pdf

In addition to the ongoing drill program, metallurgical, baseline environmental, cultural resource, and wetland studies are underway. An updated mineral resource estimate based on the 2023 drill program is scheduled to be completed by the end of Q2 2024.

A sample quality control/quality assurance program has been in place throughout the program. Drill cores were cut in half using a diamond saw, with one-half placed in sealed bags for preparation and subsequent geochemical analysis by ALS Laboratories. Core samples were prepared in ALS's facility using the PREP-31BY package. Each core sample is crushed to better than 70 %, passing a 2 mm (Tyler 9 mesh, US Std. No.10) screen. A split of 1kg is taken and pulverized to better than 85 % passing a 75-micron (Tyler 200 mesh, US Std. No. 200) screen; a portion of this pulverized split is digested by Four Acid and analyzed via ICP-AES (method code ME-ICP61). Fire Assay analyzes all samples with an AAS finish, method code Au-AA23 (30g sample size) and over 10 g/t are automatically assayed using a FA Grav method, Au-GRAV21. Additional Au screening is performed using ALS's Au- SCR24 method; select samples are dry-screened to 100 microns. A duplicate 50g fire assay is conducted on the little fraction, and an assay is conducted on the entire oversize fraction. Total Au content, individual assays, and weight fractions are reported. Analytical and assay procedures are conducted in ALS's North Vancouver and Reno facilities.

A QA/QC program included laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska . Through leases, it holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2023 , filed under Freegold's profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

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NV Gold Announces Secured Loan Terms

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that that it has entered into (i) a secured loan agreement with John Watson (the "Lender") pursuant to which the Lender provided a loan to the Company in the principal amount of US$50,000 (the "Secured Loan") and (ii) a share pledge agreement with the Lender, which secures an aggregate principal amount of US$400,000 in loans provided to the Company by the Lender to date, as described herein

The Company previously entered into loan agreements with the Lender on June 26, 2023, July 10, 2023, September 18, 2023 and January 22, 2024, pursuant to which the Lender provided the Company with loans in the aggregate principal amount of US$350,000 (the "Prior Loans" and together with the Secured Loan, the "Loans").

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RUA GOLD Provides an Update on the Reefton Drilling Program and the next phase of drill targets

RUA GOLD Corporation (CSE: RUA) (OTC: NZAUF) (WKN: A4010V) ("RUA GOLD" or the "Company") is pleased to provide an exploration update for the Reefton Project on the South Island of New Zealand .

Preliminary results confirm the Pactolus system extends south for 550 meters along strike and is well mineralized on surface.
The Company is analyzing the results to better understand the plunge and tenor of the ore shoots at this early stage of exploration.
The Company has developed multiple new high-grade targets at past producing mines in the Murray Creek area for drill testing in Q2/2024.

Pactolus

*Table* 4 *: Historical production from mines within the Reefton Project (Barry, 1993).*
Shear Group	Mine Lode	Total Production (Au oz)	Recovered Grade (g/t)
Italian Gully	Golden Arch-Italian Gully-Tripoli	1,093.1	31.8
Capleston	Welcome-Hopeful	88,620.3	61.4
Fiery Cross	27,955.1	34.8
Just in Time	17,171.7	38.8
Reform-Imperial-South Hopeful	1,070.6	19.6
Lone Star	1,09.3	13.9
Murray Creek	Inglewood-North Star, Phoenix, Victoria	33,877.2	19.9
Golden Treasure-Comstock	5,697.1	18.5
Band of Hope	25.7	2.0
Perseverance	19.3	10.4
Westland	61.1	23.4
Ajax	Golden Fleece - Ajax Royal	89,629.9	20.4
Venus	7,041.0	19.8
Crushington	Dauntless, Energetic-Wealth of Nations-Eclipse-Independent-Vulcan	208,970.2	14.2
Heather Bell	9.6	4.9
Golden Ledge	1,138.1	9.2
Keep-it-Dark	182,597.0	17.0
Hercules-Nil Desperandum	6,809.5	16.5
No. 2 South Keep it Dark - Pandora	6,687.4	21.5
Specimen Hill	Specimen Hill	1,205.7	16.3
Pactolus	498.3	141.3
Lady of the Lake	3.2	9.8
Argus	90.0	33.6
Larry Creek	Caledonian	1,160.6	25.3
Larry's No. 1
No. 2 South Larry's	4,128.2	16.8
Kirwans Hill	Newhaven, Earl Brassey, Mark Twain, Lord Brassey	11,011.6	15.2

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HoleID	Easting_NAD27	Northing_NAD27	Bearing	Inclination	Depth_ft	Depth_m
OR22-010	739,841	3,532,589	0	-70	3,000	914.4
OR22-011	740,748	3,533,066	315	-70	3,300	1,005.8
OR22-012	740,630	3,534,397	5	-75	3,300	1,005.8
OR22-013	740,750	3,533,064	270	-70	3,688	1,124.1
					TOTAL =	4,050.1

HoleID	From (m)	To (m)	Interval (m)	Cu (%)	Au (g/t)	Mo (%)	Ag (g/t)	Pb (%)	Zn (%)	CuEq (%)	AuEq (g/t)

OR22-012	495.7	496.5	0.8	0.01	12.4	0.00	0.3	0.0	0.0	9.48	12.4

OR22-012	578.6	1005.8	427.2	0.08	0.0	0.01	1.4	0.0	0.0	0.15	0.2
inc.	594.6	597.6	3.0	0.32	0.0	0.00	147.0	0.8	0.1	1.96	2.6
inc.	594.6	594.8	0.2	0.18	0.0	0.00	908.0	10.4	0.6	11.89	15.6
and inc.	834.5	843.7	9.1	0.59	0.3	0.01	2.3	0.0	0.0	0.92	1.2


OR22-013	13.0	32.6	19.7	0.08	0.00	0.00	1.7	0.0	0.1	0.12	0.2

OR22-013	413.6	1124,1	710.5	0.04	0.01	0.00	0.3	NSV	NSV	0.06	0.1
incl.	485.2	500.8	15.6	0.14	0.04	0.01	3.1	0.0	0.0	0.24	0.3
and incl.	745.8	761.1	15.2	0.09	0.05	0.00	1.3	0.0	0.0	0.16	0.2
and incl.	946.7	954.3	7.6	0.15	0.01	0.00	0.5	0.0	0.0	0.20	0.3
and incl.	981.8	993.5	11.7	0.11	0.04	0.00	0.7	0.0	0.0	0.15	0.2

Noteworthy intervals and metal concentrations in bold, NSR = no significant values

	Sulfides
Item	Pb Concentrate		Zn Concentrate		Cu Conc.
	Skarn	BESS	Skarn	BESS	Skarn
Pb Recovery	84%	90%
Zn Recovery			95%	78%
Cu Recovery					60%
Ag Recovery	77%	79%	8%	12%	7%
Au Recovery
Payable Metals	Pb, Ag	Pb, Ag	Zn, Ag	Zn, Ag	Cu, Ag
Concentrate grade,(primary base metal)	65%	70%	54%	52%	27%
Transport, Treatment, Penalty charges, $ dmt	230	267	358	364	183
Base metal Concentrate Grade Deduction	3 units	3 units	8 units	8 units	1 units
Ag Concentrate Grade Deduction, g/t	50	50	93	93
Ag Refining charge, $/oz	0.6	0.6			0.4
Base metal Refining, $/lb					0.107
Ag payable					90%

Indicated Resources		Average Grade
Zone	Tonnes	Ag	Au	Pb	Zn	Cu	AgEq	ZnEq	NSR
	(Kt)	(g/t)	(g/t)	(%)	(%)	(%)	(g/t)	(%)	(US$/t)
Blind Zone	2,347	97	0.04	1.9	2.1	0.11	295	7.2	108
El Sol Zone	1,154	80	0.04	2.2	2.0	0.09	279	6.8	100
Skarn Front Zone	7,254	108	0.06	0.8	4.2	0.19	383	9.3	140
La Bocona Zone	1,755	130	0.18	2.2	1.7	0.21	326	7.9	136
Total	12,510	106	0.07	1.3	3.3	0.17	349	8.5	130


Inferred Resources		Average Grade
Zone	Tonnes	Ag	Au	Pb	Zn	Cu	AgEq	ZnEq	NSR
	(Kt)	(g/t)	(g/t)	(%)	(%)	(%)	(g/t)	(%)	(US$/t)
Blind Zone	1,347	83	0.14	1.4	1.8	0.06	248	6.0	88
El Sol Zone	863	65	0.03	1.8	2.3	0.05	263	6.4	90
Las Victorias Zone	1,083	148	0.66	2.1	2.6	0.14	431	10.5	145
Skarn Front Zone	11,466	115	0.05	0.7	2.7	0.32	318	7.7	126
South Skarn Zone	3,789	140	0.18	2.0	1.3	0.09	309	7.5	130
La Bocona Zone	2,481	125	0.17	1.8	1.3	0.13	285	6.9	120
Total	21,030	118	0.12	1.2	2.2	0.22	311	7.6	123

Indicated Resources		Contained Metal
Zone	Tonnes	Ag TrOz	Au TrOz	Pb	Zn	Cu Lbs	AgEq TrOz	ZnEq Lbs
	(Kt)	(000's)	(000's)	(Mlbs)	(Mlbs)	(Mlbs)	(000's)	(Mlbs)
Blind Zone	2,347	7,350	3	99	109	5.5	22,291	371
El Sol Zone	1,154	2,956	2	55	51	2.2	10,337	172
Skarn Front Zone	7,254	25,106	14	126	678	30.7	89,421	1,490
La Bocona Zone	1,755	7,331	10	84	65	8.0	18,406	307
Total	12,510	42,742	29	364	903	46	140,455	2,341


Inferred Resources		Contained Metal
Zone	Tonnes	Ag TrOz	Au TrOz	Pb	Zn	Cu Lbs	AgEq TrOz	ZnEq Lbs
	(Kt)	(000's)	(000's)	(Mlbs)	(Mlbs)	(Mlbs)	(000's)	(Mlbs)
Blind Zone	1,347	3,582	6	40	55	2	10,749	179
El Sol Zone	863	1,816	1	35	43	1	7,283	121
Las Victorias Zone	1,083	5,152	23	51	62	3	15,006	250
Skarn Front Zone	11,466	42,462	18	177	687	80	117,065	1,951
South Skarn Zone	3,789	17,007	22	167	112	7	37,660	628
La Bocona Zone	2,481	9,977	14	100	71	7	22,702	378
Total	21,030	79,997	85	571	1,029	101	210,464	3,507

Hole #	From	To	Interval	Est. Tr. Thck.	Ag	Au	Cu	Pb	Zn	AgEq	ZnEq
	(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)	(%)	(%)	(g/t)	(%)
New Assays: North Felsite - North Skarn

22CLM-192	408.6	411.0	2.4	1.2	181	0.01	0.39	1.5	1.5	338	8.2


22CLM-193	409.7	416.0	6.3	5.6	124	0.02	0.03	1.4	0.4	195	4.7
inc.	409.7	413.0	3.4	3.0	219	0.02	0.04	2.5	0.6	333	8.1


22CLM-194	81.2	84.7	3.5	2.3	140	0.04	0.01	1.9	0.1	212	5.2

22CLM-194	289.5	290.4	0.9	0.7	386	0.17	0.25	6.0	4.7	827	20.1

22CLM-194	306.2	308.8	2.6	2.0	336	0.14	0.16	6.5	4.7	780	18.9
inc.	306.2	307.0	0.8	0.6	746	0.09	0.22	17.1	13.2	1904	46.3


22CLM-195	NSV	NSV	NSV	NSV	NSV	NSV	NSV	NSV	NSV	NSV	NSV

Previously Reported Assays: North Felsite - North Skarn

21CLM-172	210.5	211.2	0.7	0.4	313	0.25	0.07	7.0	1.3	610	15.5


21CLM-173	328.0	329.6	1.6	0.9	5	0.46	0.22	0.0	1.2	113	2.9


21CLM-174	157.1	157.6	0.5	0.3	147	0.02	0.00	2.1	0.1	217	5.5


21CLM-175	224.0	226.7	2.7	1.9	599	0.08	0.03	16.9	10.2	1530	38.8
inc.	224.0	225.2	1.2	0.8	760	0.07	0.03	23.2	17.4	2169	55.0


21CLM-176	291.3	295.1	3.8	2.6	78	1.1	0.0	1.1	0.4	223	5.6
inc.	291.3	291.6	0.4	0.2	24	11.2	0.0	0.3	0.1	965	24.5

21CLM-176	362.7	371.1	8.5	5.8	151	0.1	0.1	3.1	1.0	308	7.8
inc.	362.7	363.7	1.1	0.7	487	0.2	0.2	12.9	3.0	1040	26.4


21CLM-177	294.9	296.8	1.9	1.5	194	0.2	0.0	4.3	2.5	443	11.2
inc.	295.8	296.3	0.5	0.4	515	0.4	0.1	12.0	6.8	1190	30.2

and	303.2	318.0	14.8	11.8	185	0.2	0.1	2.8	1.0	336	8.5
inc.	303.2	307.0	3.8	3.0	354	0.7	0.1	6.1	2.6	713	18.1


21CLM-178	245.2	250.2	5.0	4.6	63	2.0	0.1	0.8	0.5	288	7.3
inc.	245.2	246.3	1.1	1.0	21	5.3	0.0	0.1	0.1	471	11.9


21CLM-179	256.4	259.3	2.9	2.6	140	0.9	0.1	3.6	5.7	561	14.2
inc.	257.8	258.3	0.5	0.4	219	2.6	0.1	4.5	11.5	1028	26.1

and	345.7	348.0	2.4	2.1	109	0.0	0.0	1.9	1.4	228	5.8
inc.	347.6	348.0	0.4	0.4	165	0.1	0.0	3.6	7.3	573	14.5

	For the three months ended March 31
(in thousands of dollars)	2024 ($)	2023 ($)
Royalty	1,062	234
Advance minimum royalty and pre-production royalty	830	331
Land agreement proceeds	2,052	1,405
Loan interest	241	—
Total Revenue, Land Agreement Proceeds and Interests	4,185	1,970
Land agreement proceeds credited against mineral properties	(1,050)	(1,203)
Loan interest	(241)	—
Revenue	2,894	767

(in thousands of dollars, except Average Gold Price/oz and GEOs)	Average Gold Price/oz	Total Revenue, Land Agreement Proceeds and Interest	GEOs
For three months ended March 31, 2023	1,889	1,970	1,043
For three months ended March 31, 2024	2,072	4,185	2,019

Hole ID	From (m)	To (m)	Interval (m)	Au (ppm)	Including
DD_PAC_035	71	73	2	5.13	1m @ 8.44 g/t Au
DD_PAC_036	60	62	2	3.61	1m @ 4.92 g/t Au

Hole ID	Easting	Northing	Depth	Azimuth	Dip
DD_PAC_001	1512924	5341019	224	257	-50
DD_PAC_002	1512924	5341019	204.4	280	-45
DD_PAC_003	1512924	5341019	305.4	279	-71
DD_PAC_004	1512924	5341019	225	213	-52
DD_PAC_005	1512925	5341019	305.6	213	-70
DD_PAC_006	1512924	5341020	189.7	304	-42
DD_PAC_007	1512924	5341020	299	201	-43
DD_PAC_007A	1512924	5341020	37.5	202	-42
DD_PAC_008	1513028	5340787	312.3	297	-42
DD_PAC_009	1513028	5340787	284.6	268	-50
DD_PAC_010	1513028	5340787	330.2	230	-60
DD_PAC_011	1512924	5341019	178.95	224	-41
DD_PAC_014	1512867	5340988	44.95	250	-60
DD_PAC_015	1512867	5340988	89	250	-70
DD_PAC_016	1512867	5340988	63.7	250	-45
DD_PAC_017	1512863	5340958	75.6	250	-45
DD_PAC_018	1512863	5340958	81.9	250	-60
DD_PAC_019	1512863	5340958	92.3	250	-70
DD_PAC_020	1512878	5340924	96.7	250	-55
DD_PAC_021	1512878	5340924	100	250	-70
DD_PAC_022	1512833	5341082	87.3	250	-55
DD_PAC_023	1512833	5341082	107.7	250	-70
DD_PAC_024	1512833	5341082	85.9	250	-45
DD_PAC_025	1512843	5341036	91.2	250	-55
DD_PAC_026	1512843	5341036	106.3	250	-70
TR_PAC_001	1512827	5340994	7	358	0
TR_PAC_004	1512826	5340896	4	5	0
TR_PAC_005	1512827	5340896	5	5	0
TR_PAC_006	1512820	5340859	5	5	0
TR_PAC_008	1512831	5340552	5	5	0
DD_PAC_035	1512893	5340880	118.5	264	-47
DD_PAC_036	1512893	5340880	191.8	292	-57
DD_PAC_037	1512893	5340880	254.1	219	-65
DD_PAC_038	1512871	5340729	115	265	-65
DD_PAC_039	1512871	5340729	138.1	338.9	-57.5
DD_PAC_040	1512887	5340639	154.1	225	-55

Hole #	From	To	Interval	Est. Tr. Thck.	Ag	Au	Cu	Pb	Zn	AgEq	ZnEq
	(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)	(%)	(%)	(g/t)	(%)
Previously Reported Assays: North Felsite - North Skarn con't

21CLM-180	400.3	400.9	0.6	0.4	1430	1.2	1.2	9.7	11.5	2419	61.3

and	404.0	405.8	1.8	1.2	79	0.1	0.4	0.2	5.1	337	8.6
inc.	405.3	405.8	0.6	0.4	129	0.1	1.1	0.2	13.8	812	20.6


21CLM-181	321.9	327.0	5.1	3.7	174	0.5	0.1	1.5	0.9	310	7.9
inc.	324.9	325.6	0.7	0.5	914	2.1	1.0	7.2	4.8	1604	40.7

21CLM-181	468.0	476.0	8.0	5.7	234	0.1	0.3	1.1	2.0	384	9.7
inc.	470.3	474.8	4.4	3.2	379	0.1	0.5	1.7	2.6	595	15.1

21CLM-181	482.9	484.2	1.3	0.9	280	0.1	0.1	3.8	4.5	600	15.2
inc.	483.4	483.8	0.4	0.3	852	0.3	0.4	11.0	14.8	1846	46.8


22CLM-182	333.8	351.1	17.3	14.1	55	0.7	0.1	0.4	0.7	162	4.1
inc.	346.5	347.3	0.8	0.7	451	1.1	0.0	2.0	1.2	651	16.5

22CLM-182	497.7	500.9	3.2	2.6	195	0.1	0.1	0.6	2.5	328	8.3
inc.	499.3	500.9	1.6	1.3	368	0.0	0.1	1.1	3.7	568	14.4


22CLM-183	535.4	538.4	3.0	2.2	85	0.0	0.0	1.6	3.6	278	7.1
inc.	537.7	538.4	0.7	0.5	115	0.1	0.0	2.2	5.7	413	10.5


22CLM-184	378.8	396.3	17.5	11.7	7	1.1	0.0	0.1	0.2	112	2.8
inc.	384.5	385.9	1.4	1.0	19	5.6	0.0	0.3	0.1	495	12.5

22CLM-184	418.3	427.3	8.9	6.0	117	0.1	0.1	1.1	1.0	213	5.4
inc.	422.2	423.3	1.2	0.8	302	0.2	0.4	2.9	0.7	485	12.3


22CLM-185	472.2	474.5	2.3	1.8	1001	0.3	0.8	2.4	3.3	1321	33.5
inc.	473.3	474.5	1.2	1.0	1785	0.5	1.4	3.1	5.9	2309	58.6

Southern Silver Files NI43-101 Technical Report for its Preliminary Economic Assessment for the Cerro Las Minitas Project

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