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Argenta Silver Step-Out Drilling Intersects 679 g/t Ag over 13.5m, including 1,163 g/t Ag over 4.0m Resource Continuity and Expansion Continues

Drill Results

Argenta Silver Step-Out Drilling Intersects 679

g/t Ag over 13.5m, including 1,163 g/t Ag over

4.0m

Resource Continuity and Expansion Continues

TSX-V: AGAG

VANCOUVER, BC

,

April 16, 2026

/CNW/ -

Argenta Silver Corp.

(TSXV: AGAG) (OTCQX:

AGAGF) (FSE: T1K) ("

Argenta

" or the "

Company

") is pleased to report the third set of assay

results from its ongoing 2025–2026 Summer Diamond Drilling Campaign at the El Quevar Project in

Salta Province, Argentina. The latest multiple

high-grade silver

intervals intersected outside the

Yaxtché Deposit

("Yaxtché") resource limits, continue demonstrating mineralized continuity over the

northwest extension

(step-out holes QVD-430, QVD-440, and QVD-443) and in the

southeast

extension

(including step-out hole QVD-436) (Figure 1, Figure 2, Table 1, and Table 2). Notably,

other holes successfully

intercepted high-grade silver within >100-meter spacing between

existing drill holes within the Yaxtché Deposit

; specifically, hole QVD-438

returned 2,100 g/t Ag

over 1.0m.

These results confirm the continuity of mineralization in areas previously devoid of

drilling, effectively de-risking the central part of the deposit.

Highlights:

Resource Expansion at Yaxtché:

QVD-430 (50-meter Northwest Step-out):

Intersected

679 g/t Ag over 13.50m

(from 343m),

including two high-grade intervals of

1,016 g/t Ag over 3.00m and 1,163 g/t Ag over 4.00m

,

alongside a second intercept of

241 g/t Ag over 2.00m

. These results further confirm the

continuity of high-grade mineralization in the previously untested northwest sector.

QVD-440 & QVD-443 (Northwest Extension Area):

These

50-meter step-out holes

intersected

172 g/t Ag over 4.00m

(from 221m) and

134 g/t Ag over 2.00m

(from 264m),

respectively. By testing the margins of the system, both holes confirm lateral continuity of

mineralization, demonstrating that the deposit remains open in this direction.

Southeast Continuity Confirmed (QVD-436):

Intersected

185 g/t Ag over 8.00m

(from 76m),

including a high-grade interval of

337 g/t Ag over 2.00m

. Additionally, the hole intercepts a

separate

gold zone

of

0.85 g/t Au over 3.40m

(from 143m). These results successfully

validate the southeastern mineralized trend established by step-out hole QVD-432 (see press

release dated

February 23, 2026

), proving that the system remains robust at the deposit's edge

while demonstrating that high-grade mineralization also persists at shallow depths in this area.

Infill at Yaxtché:

De-risking areas of > 100-meter drill spacing:

High-grade silver

intercepts

from hole

QVD-

438 with 2,100 g/t Ag over 1.0m

and others, including

QVD-447 and QVD-449

, have

successfully confirmed mineralized continuity across internal gaps exceeding

100 meters

. By

targeting these previously untested areas within the deposit footprint, the drilling program is

systematically strengthening the resource, reinforcing the continuity and demonstrating an

increasingly cohesive, continuous high-grade system at Yaxtché.

Joaquin Marias, President, Chief Executive Officer, and Director of Argenta Silver Corp.,

commented:

"These results are another strong indication of the consistency and expansion potential of the

Yaxtché Deposit. The step-out drilling continues to confirm that the system remains open, and the

high-grade intercepts within previously untested internal gaps are particularly valuable because

they improve our understanding of the deposit's continuity and coherence. We believe this work is

adding meaningful value as we advance El Quevar toward its next stage of growth. Additional

exploration drill hole assays remain pending from the laboratory, and geophysical survey data is

currently being collected, which we believe will further enhance our understanding of the broader

potential."

Map of Yaxtche Deposit area displaying the collars of DDH QVD-430, QVD-436, QVD-438, QVD-

439, QVD-440, QVD-443, QVD-445, QVD-447, and QVD-449. (CNW Group/Argenta Silver Corp.)

Table 1: 2025-2026 Summer Drilling Program Third Batch of Assays (cut-off 100g/t Ag)

*

Table 1: 2026 - Drilling Program (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]

Program

QVD-430

343.0

356.5

13.5

679

0.00

1.53

0.34

0.10

431.00

Resource Expansion

including

343.0

346.0

3.0

1,016

0.00

1.49

0.70

0.16

including

348.0

352.0

4.0

1,163

0.00

1.11

0.22

0.17

and

365.0

367.0

2.0

241

0.00

1.09

0.17

0.02

and

372.0

373.0

1.0

133

0.00

0.87

0.19

0.02

QVD-436

76.0

84.0

8.0

185

0.00

0.10

0.00

0.10

152.00

Resource Expansion

including

78.0

80.0

2.0

337

0.02

0.09

0.03

0.27

and

143.0

146.4

3.4

38

0.85

0.33

0.25

0.02

QVD-438

97.0

101.0

4.0

661

0.00

0.54

0.05

0.10

151.00

Resource Expansion

and

109.0

113.0

4.00

838

0.00

0.14

0.02

0.11

including

112.0

113.0

1.00

2,100

0.00

0.17

0.03

0.24

QVD-439

Results with Anomalous Silver values**

152.00

Resource Expansion

QVD-440

213.0

217.0

4.0

132

0.00

0.16

0.10

0.05

431.00

Resource Expansion

including

213.0

214.0

1.0

249

0.00

0.22

0.14

0.05

and

221.0

225.0

4.0

172

0.00

0.32

0.43

0.07

including

224.0

225.0

1.0

290

0.00

0.36

1.18

0.12

and

232.0

234.0

2.0

102

0.01

4.54

3.60

0.08

QVD-443

246.0

248.0

2.0

100

0.00

0.39

0.73

0.15

398.00

Resource Expansion

and

264.0

266.0

2.0

134

0.00

2.25

0.48

0.12

QVD-445

Results with Anomalous Silver values**

Resource Expansion

QVD-447

78.0

81.0

3.0

102

0.00

0.56

0.77

0.01

137.00

Resource Expansion

and

84.85

91.0

6.15

413

0.00

0.20

0.00

0.10

including

84.9

86.0

1.2

765

0.00

0.12

0.19

0.03

including

89.0

91.0

2.0

602

0.01

0.16

0.01

0.22

and

96.0

104.0

8.0

104

0.00

0.10

0.00

0.10

including

102.0

104.0

2.0

150

0.00

0.12

0.05

0.17

QVD-449

212.0

213.0

1.0

853

0.01

1.32

0.92

0.04

389.00

Resource Expansion

and

215.0

216.0

1.0

145

0.00

0.17

0.16

0.01

and

222.6

232.0

9.4

233

0.30

0.20

0.20

0.80

including

224.0

229.0

5.0

343

0.39

0.24

0.23

1.27

and

241.0

242.0

1.0

181

0.00

0.08

0.01

0.01

and

248.0

252.0

4.0

154

0.00

0.04

0.03

0.02

and

254.0

258.0

4.0

209

0.01

0.06

0.02

0.03

including

256.0

257.0

1.0

354

0.03

0.07

0.03

0.03

and

269.0

273.0

4.0

165

0.03

0.16

0.09

0.75

*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.

Table 2: 2025-2026 Summer Drilling Program DDH Location and Attitude*

HOLE ID

Easting

Northing

Elevation

Azimuth

Dip

End Of Hole [m]

QVD-430

3,417,718

7,307,433

4,892

0

-90

431

QVD-436

3,419,196

7,306,688

4,852

210

-60

152

QVD-438

3,418,560

7,306,910

4,835

120

-65

151

QVD-439

3,418,610

7,306,961

4,851

120

-65

152

QVD-440

3,417,839

7,307,367

4,848

0

-90

431

QVD-443

3,417,788

7,307,392

4,865

0

-90

398

QVD-445

3,418,765

7,306,905

4,867

220

-70

200

QVD-447

3,418,661

7,306,890

4,840

212

-80

137

QVD-449

3,418,068

7,307,214

4,861

0

-90

389

*Reference system: GK POSGAR 94 – Zone 3. Dip is reported as negative below horizontal.

Hole QVD-430: Core samples from interval 343.0 to 356.5 meters, which returned an intercept of

679 g/t Ag over 13.5m. High-grade mineralization is prominently featured in specific sub-intervals

from within the main interval: 1,440 g/t Ag over 2.00m, and 1,930 g/t Ag over 1.00m. (CNW

Group/Argenta Silver Corp.)

Detailed photos of QVD-438 showing clear evidence of high-grade mineralization continuity within

intercepts of 661 g/t Ag over 4.0m and 838 g/t Ag over 4m, notably including the interval from 112 to

113 meters which returned 
2,100 g/t Ag over 1.0m. (CNW Group/Argenta Silver Corp.)

2025–2026 Exploration and Drilling Program

Following its commencement on November 1

st

, 2025, the current drilling campaign continues to

operate with two drill rigs at El Quevar. The Company continues to pursue a dual-track growth

strategy:

40% of the Program targets Resource Expansion

to strengthen the existing resource

base, while the remaining

60% is dedicated to high-impact exploration for new discoveries.

Since the start of this

Summer Exploration Program

, the Company has successfully completed

over

13,900 meters

of drilling across

46 holes

as part of the overall

25,000-meter Program

. More

than

285 work orders

from these holes have been submitted for laboratory analysis, with

60% of

the results currently pending

. This work supplements the

4,244 meters across 16 holes

drilled

during the successful

2025 Winter Drilling Program

, which achieved a balance of high-grade

Resource Expansion and the testing of priority exploration targets with discovery potential

such as Andrea, Rosa, Argentina, and Azufre.

The latest drilling results successfully confirmed mineralized continuity across both the northwest and

southeast extensions. These results strengthen and expand the Yaxtché Deposit footprint by

270

meters

, as previously reported on

February 23, 2026

. Significant high-grade interceptions into the

deposit have effectively closed internal gaps exceeding

100

meters

, converting previously untested

'empty spaces' into

confirmed mineralized zones

. Furthermore, the

shallow high-grade silver

and the gold zone identified in the southeast

, combined with successful step-out holes in the

northwest, demonstrate that the system remains robust and open at its margins.

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

(visit

www.argentasilver.com

for more information). The mineral resource area remains open at depth and

in multiple directions, particularly to the southeast and northwest.

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 photographed, checked for recovery and geotechnical

and then diamond-sawn on-site, and half drill-core samples were securely transported to ALS

Laboratories sample preparation facilities in Mendoza, and forwarded to their facility in Lima, Peru

for analysis. The other half-core is retained on site for reference.

Soil samples were prepared by drying at <60°C and sieving to minus 80 mesh (code PREP-41).

Rock chip samples were dried and then fine crushing of the sample to at least 70% passing less

than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85%

passing 75 microns (code PREP-31). Diamond drill core samples were dried and fine crushing of the

sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing

a 1kg split to at least 85% passing 75 microns (code PREP-31B).

All rock chip and diamond drill core samples were analyzed for gold using a fire assay on a 50-gram

sample with an AAS finish, and for 35 elements by 4 acid, ICP-AES finish on a 0.75-gram sample

plus mercury using cold vapor AA on a 0.2-gram (ME-ICP61m). Soils were also analyzed for gold

fire assays and ICP-AES (Au-ICP21) and 48 multi-element four acid digestion with ICP-MS finish.

Overlimit silver was determined by a 50-gram fire assay with a gravimetric finish and over limit lead,

zinc and copper were determined by OG62 using a mixture of highly oxidizing acids on a 0.4-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.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/April2026/16/c7637.html

%SEDAR: 00009657E

For further information:

For further information, please contact: Vanessa Bogaert, Vice President

Investor Relations and Communications, Tel: 236-268-6945

CO: Argenta Silver Corp.

CNW 08:30e 16-APR-26