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Highlander Silver Showcases Key Development Milestones in Corani Photo Update

Corporate Updates

Highlander Silver Showcases Key Development Milestones in Corani Photo Update

Toronto, July 7, 202 6 – Highlander Silver Corp. (TSX, NYSE American: HSLV) (“Highlander

Silver” or the “Company”) is pleased to provide a photo update showcasing key milestones

achieved in the site development of its Corani Silver Project in Peru.

Site Development – Key Milestones

• Workforce surpasses 300 team members, with emphasis on hiring from local communities

• Project management team led by Carlos Ojeda, Vice President & General Manager, with

over 25 years of technical services experience in engineering, construction and operations

at major open-pit mines in Peru, including Quellaveco, Antamina, and Constancia

• Camp and facility construction underway

• Preliminary earthworks for site infrastructure, pits and collection ponds underway

• Internal road rehabilitation and construction underway

• External access road construction underway

• Substation construction underway, with transmission line to commence in August

• Long-lead-time orders to be placed in August

Images

On behalf of Highlander Silver

“Daniel Earle”

President and CEO

Information contact

Arun Lamba, Vice President Corporate Development

[email protected]

About Highlander Silver

Highlander Silver is a high -quality silver-growth company developing a portfolio of advanced -

stage assets in Peru which includes the Corani silver project , the largest silver deposit in

development globally, and the bonanza-grade San Luis gold -silver project, which ranks among

the 10 highest -grade projects globally in both gold and silver categories .1 The Company also

1 S&P Global rankings including the Corani silver project and San Luis gold -silver project.

operates the Mercedes gold-silver mine in Mexico. Highlander Silver's major shareholders include

the Augusta Group, Lundin family, and Eric Sprott.

Forward-looking statements

Certain information contained in this news release constitutes “forward-looking information” under

Canadian securities legislation. This includes, but is not limited to , the transmission line to

commence in August and long-lead-time orders to be placed in August . Such forward looking

information or statements can be identified by the use of words such as “ramp up”, “attempting”,

“intends”, “believes”, “plans”, “suggests”, “targets” or “prospects” or variations (including negative

variations) of such words and phrases, or state that certain actions, events or results “will” be

taken, occur, or be achieved. Forward -looking information involves known and unknown risks,

uncertainties, and other factors which may cause the actual results, performance, or

achievements of the Company and/or its subsidiaries to be materially different from any future

results, performance, or achievements expressed or implied by the forward-looking information.

Such factors include, among others, general business, economic, competitive, political and social

uncertainties, the actual results of current exploration activities, changes in project parameters as

plans continue to be refined, future prices of precious and base metals, accident, labour disputes

and other risks of the mining industry, and delays in obtaining governmental or stock exchange

approvals or financing. Although the Company has attempted to identify im portant factors that

could cause actual actions, events or results to differ materially from those described in forward-

looking information, there may be other factors that could cause actions, events or results to differ

from those anticipated, estimated or intended. Forward-looking information contained herein are

made as of the date of this news release. There can be no assurance that forward -looking

information will prove to be accurate, as actual results and future events could differ materially

from t hose anticipated in such statements. The Company undertakes no obligation to update

forward-looking information if circumstances or management’s estimates or opinions should

change, except as required by applicable securities laws. Accordingly, the reader is cautioned not

to place undue reliance on forward-looking information.