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BIG.V ·

Hercules Silver Appoints Charlie Greig as Strategic Technical Advisor

Management Changes

Hercules Silver Appoints Charlie Greig as

Strategic Technical Advisor

Toronto, Ontario--(Newsfile Corp. - April 30, 2024) -

Hercules Silver Corp.

(TSXV: BIG) (OTCQB:

BADEF) (FSE: 8Q7)

("

Hercules Silver

" or the "

Company

") is pleased to announce that it has

strengthened its technical advisory team with the appointment of Mr. Charles Greig, MSc, P.Geo as

Strategic Technical Advisor. Mr. Greig is widely recognized for his role in the discovery of the Saddle

North porphyry for GT Gold Corp, which was acquired by Newmont Corporation in 2021. The discovery

earned him the Prospectors and Developers Association of Canada's (PDAC) Bill Dennis Award in

2022.

Mr. Greig has also played a pivotal role in the exploration of other significant projects which reached

production, including La India and Alamo Dorado in Mexico, Brucejack in British Columbia, Bisha and

Emba Derho in Eritrea, and Wolverine in Yukon. He and his consulting firm, C.J. Greig & Associates

Ltd., based in Penticton, B.C., are now actively collaborating with the Company's technical team on the

2024 exploration program at the Hercules Project in western Idaho.

Chris Paul, CEO and Director of the Company, commented, "I'm excited to welcome Charlie and his

group to the Hercules team. As a fellow Okanagan Valley geologist, Charlie has been a mentor and a

source of valuable support to me over the years, and I appreciate having him on board in Idaho. His

firm's experience and success in porphyry exploration make them a valuable addition to the Hercules

team as we look to expand on our exciting Leviathan porphyry discovery."

About Hercules Silver Corp.

Hercules Silver Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: 8Q7) is an exploration Company focused

on developing Idaho's newest copper and silver district.

The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered

Leviathan porphyry copper system, one of the most important discoveries in the region to date. The

Company is well positioned for growth through continued drilling, supported by extensive historical and

current exploration and a strategic investment by Barrick Gold.

With the potential for significant scale, the Company's management and board of directors aims to build

on its proven track record which includes the discovery and development of numerous precious metals

projects worldwide.

For further information please contact:

Nisha Hasan

Investor Relations

Telephone +1 (604) 425-1408

Email:

[email protected]

Chris Paul

CEO & Director

Telephone +1 (604) 670-5527

Email:

[email protected]

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the

securities in the United States. Any securities referred to herein have not and will not be registered under

the United States Securities Act of 1933, as amended (the "

U.S. Securities Act

") or any state

securities laws and may not be offered or sold within the United States or to U.S. Persons unless

registered under the U.S. Securities Act and applicable state securities laws of an exemption from such

registration is available.

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed "forward-looking information" with

respect to the Company within the meaning of applicable securities laws. Such forward-looking

information involves known and unknown risks, uncertainties and other factors that may cause the

Company's actual results, performance or achievements, or developments in the industry to differ

materially from the anticipated results, performance or achievements expressed or implied by such

forward-looking information. Forward-looking information includes statements that are not historical facts

and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes,"

"intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will,"

"would," "may," "could" or "should" occur. Forward-looking information contained in this press release

may include, without limitation, the expected execution of future exploration programs on the Property;

results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is

reasonable based on information available on the date hereof, by its nature, forward-looking information

involves assumptions and known and unknown risks, uncertainties and other factors which may cause

our actual results, level of activity, performance or achievements, or other future events, to be materially

different from any future results, performance or achievements expressed or implied by such forward-

looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks

and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse

industry events; the receipt of required regulatory approvals and the timing of such approvals; that the

Company maintains good relationships with the communities in which it operates or proposes to

operate, future legislative and regulatory developments in the mining sector; the Company's ability to

access sufficient capital from internal and external sources, and/or inability to access sufficient capital on

favorable terms; mining industry and markets in Canada and generally; the ability of the Company to

implement its business strategies; competition; the risk that any of the assumptions prove not to be valid

or reliable, which could result in delays, or cessation in planned work, risks associated with the

interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results

will not be consistent with the Company's expectations, as well as other assumptions risks and

uncertainties applicable to mineral exploration and development activities and to the Company, including

as set forth in the Company's public disclosure documents filed on the SEDAR+ website at

www.sedarplus.ca

.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE

REPRESENTS THE EXPECTATIONS OF HERCULES SILVER AS OF THE DATE OF THIS

PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE.

READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING

INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER

DATE. WHILE HERCULES SILVER MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE

THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE

WITH APPLICABLE LAWS.

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

press release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/207296