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Bp Silver Finalizes Targets FOR Upcoming Drill Program at Its Cosuño Silver Project, Bolivia

Exploration Programs

BP SILVER FINALIZES TARGETS FOR UPCOMING DRILL PROGRAM

AT ITS COSUÑO SILVER PROJECT, BOLIVIA

Vancouver, British Columbia — (October 21, 2025) – BP Silver Corp. (TSXV: BPAG) (“BP Silver”

or the “Company”) announces that it has finalized targets for initial drill testing and has selected

Maldonado Exploraciones, a premier Bolivian drilling contractor, to carry out the upcoming drill program

at its Cosuño Silver Project (“Cosuño”) in Bolivia.

Tim Shearcroft, CEO of BP Silver, commented: “We are pleased to be moving forward with Maldonado

for our inaugural drilling at the Cosuño Silver project. Following last month’s successful $2.5 Million

financing, we have expanded the program to include additional drill holes. We have waited patiently for

this moment, and with record-high silver prices, the timing couldn’t be better.”

Cosuño Project Highlights:

• Large untested silver rich hydrothermal system which outcrops over ~10.5 km2 (Figure 1).

• Remote sense analysis, surface mapping and geochemical sampling confirms the presence of

advanced argillic alteration and an associated outcropping mineralized lithocap such as seen at

other (large) productive Bolivian systems.

• Target generation has defined 4 targets containing silver-rich polymetallic mineralization with

grades up to 1035 g/t Silver for initial drilling testing (Figure 2).

• Drill pad preparation is underway, and drilling is anticipated to commence in early November.

FIGURE 1. Remote Sensing alteration mapping and silver rock geochemical values at Cosuño.

FIGURE 2. Exploration Targets and planned diamond drill collars Cosuño project.

Qualified Person

The technical information contained in this news release has been reviewed and approved by Dr. Stewart

D. Redwood, PhD, FIMMM, who is a Qualified Person as defined under National Instrument 43-101 –

Standards of Disclosure for Mineral Projects.

About BP Silver Corp.

BP Silver Corp. is a Canadian exploration company focused on advancing high -grade silver projects in

Bolivia. The Company’s flagship asset, the Cosuño Project, is strategically located in the prolific Bolivian

silver belt, a region with a rich mining history and significant untapped discovery potential. With a strong

technical team and a disciplined exploration strategy, BP Silver is positioned to unlock value for its

shareholders through the discovery and development of major silver deposits.

For further information please contact:

Tim Shearcroft, Chief Executive Officer

604-307-7032

[email protected]

Cautionary Statement Regarding Forward Looking Information:

Information set forth in this news release contains forward -looking statements. These statements reflect

management's current estimates, beliefs, intentions and expectations; they are not guarantees of future

performance. The Company cautions that all forward-looking statements are inherently uncertain and that

actual performance may be affected by a number of material factors, many of which are beyond the

Company's control. Such factors include, among other things: future prices and the supply of silver and

other precious and other metals; future demand for silver and other valuable metals; inability to raise the

money necessary to incur the expenditures required to retain and advance the property; environmental

liabilities (known and unknown); general business, economic, competitive, political and social

uncertainties; results of exploration programs; risks of the mineral exploration industry; delays in

obtaining governmental approvals; and failure to obtain necessary regulatory or sha reholder approvals.

There can be no assurance that such 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 for ward-looking statements. 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 as required by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS

THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THE TSX

VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE PROPOSED

TRANSACTION AND HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF

THIS PRESS RELEASE.