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Regency Silver drills a second hole into broad zones of sulphide-specularite bearing breccia Drilling ongoing

Exploration Programs

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FOR IMMEDIATE RELEASE

NEWS RELEASE

Regency Silver drills a second hole into broad zones

of sulphide-specularite bearing breccia

Drilling ongoing

Vancouver, BC – January 28, 2026 – Regency Silver Corp. (“Regency Silver” or the “Company”,

TSXV-RSMX and OTCQB -RSMXF) is pleased to announce that the first hole of its ongoing 2026

drill program at its Dios Padre project in Sonora, Mexico has intersected sulphide -specularite

supported breccia in multiple zones across a broad, non -continuous ~250m interval (Figure 1).

Hole REG 26 -27 was drilled 50m above hole REG-25-26 and intersected mineralization ~100m

down-dip below the historic Dios Padre silver mine workings and ~275m up dip from drill hole

REG-25-25 (Figure 2). Previously drilled holes REG 23-21 yielded 38m of 7.36 g/t gold, REG-22-01

yielded 35.8 metres of 6.84 g/t gold, 0.88% copper and 21.82 g/t silver, and REG 23 -14 yielded

29.4 m of 6.32 g/t gold.

Hole REG-26-27 is the first hole of Regency’s 2026 drill program and targeted 50m above the

strongest mineralization observed in REG -25-26. A minimum of 4 holes between 500 -650m in

length will be drilled proximal to REG -25-26 to follow up on the intersected mineralization and

to establish its orientation.

We currently do not have analytical results for the intervals from the 2025 or 2026 drill program,

so there is no assurance when comparing the potential assay quality of these intersections to

REG-22-01, REG-23-14 and REG 23-21. However, in terms of geology, alteration, mineral species

and abundance, the zones appear to compare favorably. For comparative purposes, mineralized

intervals and their corresponding assays can be found in press releases dated January 8, 2026,

February 23, 2023 and November 2, 2023.

“Hole REG-26-27 further strengthens our geological model at Dios Padre. The identification of

multiple porphyry dykes with associated sulphide -specularite breccias reinforces our view that

these structures are fundamental drivers of mineralization. Systema tically mapping and testing

these features will be central to our strategy as we work to rapidly expand this emerging zone.”

said Bruce Bragagnolo, CEO.

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Technical Information

The technical information contained in this news release has been reviewed by Michael Tucker,

P. Geo, who is recognized as a Qualified Person under the guidelines of National Instrument 43 -

101. Mr. Tucker is also a director of the Company and for that reason is not considered

independent. Mr. Tucker has read and approved the technical contents of this news release.

ABOUT REGENCY SILVER CORP.

Regency Silver Corp. is a Canadian resource company exploring for high grade gold, copper, and

silver in Mexico. Regency Silver is led by a team of experienced professionals with expertise in

both exploration and production. Regency’s flagship project is the high-grade Dios Padre project

in Sonora, Mexico where Regency has made a large, high grade, gold -copper-silver discovery

which appears to be a large magmatic-hydrothermal system which widens at depth. Drill results

have included 38 metres of 7.36 g/t go ld in hole REG 23 -21, 36 metres of 6.84 g/t gold , 0.88%

copper and 21.8 g/t silver in hole REG 22-01, and 29.4 m of 6.32 g/t gold in hole REG 23-14.

Contact Information

Regency Silver Corp.

Bruce Bragagnolo, Chief Executive Officer

(604) 417-9517

Email: [email protected]

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.

Cautionary Note Regarding Forward -Looking Statements: This news release includes certain forward -

looking statements and forward -looking information (together, “forward -looking statements”). All

statements other than statements of historical fact included in this release, including, without limitation,

statements regarding the Dios Padre Project by the Company. There can be no assurance that such

statements will prove to be accurate and actual results and future events may vary from those anticipated

in such statements. Important risk factors that could c ause actual results to differ materially from the

Company's plans or expectations include the risk that regulatory changes, fundraising, and risk associated

with mineral exploration, including the risk that actual results of exploration will be different f rom those

expected by management. The forward-looking statements in this news release were developed based on

the expectations of management that conditions will be satisfied, required fundraising will be completed

and the other risks described above will not materialize. The Company expressly 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 as otherwise required by applicable securities legislation.

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Figure 1: Selection of photographs of the sulphide-specularite infilled breccias from REG-26-27.

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Figure 2: Plan map with hole traces for current and historic holes. Dios Padre deep breccia in red is projected vertically to surface.

Red trace on REG-26-27 and REG-25-26 is the vertical projection of the non-continuous zone of sulphide-specularite breccia to

surface.