Silver Dollar Receives Drilling Permit for La Joya Silver Project in Durango, Mexico

FOR IMMEDIATE RELEASE

Silver Dollar Receives Drilling Permit for La Joya

Silver Project in Durango, Mexico

The Company is fully funded and eager to commence exploration drilling

VANCOUVER, BC – October 5, 2021 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQB:

SLVDF) (“Silver Dollar” or the “Company”) is pleased to report it has received the permit for

the next phase of drilling at the La Joya silver project (the “Project”) located in the state of Durango,

Mexico.

Click on the image above to view a two-minute video introducing the La Joya Project

Initial drilling will focus on th e Noria portion of th e La Joya property , where relogging and

resampling of select historical drill core has been ongoing along w ith a targeted surface sampling

and mapping program to refine drill collar locations. Drill hole collar locations have been selected

and drill pad construction is in progress.

“Once again our team in Mexico led by Country Manager Mark Malfair has done a terrific job in

steering us through the La Joya dr ill permitting process,” said Mike Romanik, president of Silver

Dollar. “We are cashed-up and eager to restart exploration drilling for the first time in over seven

years.”

About Silver Dollar Resources Inc.

Silver Dollar is a mineral exploration company that completed its initial public offering in May

2020 and is fully funded for 2021 with approximately $10 million in the treasury. The Company’s

projects are located in two of the prolific mining jurisdictions in the world and include the advanced

exploration and development stage La Joya Silver Project in the state of Durango, Mexico, and the

discovery-stage Pakwash Lake and the Longlegge d Lake properties in the Red Lake Mining

District of Ontario, Canada. Th e Company has an aggressive gr owth strategy and is actively

reviewing potentially accretive acquisitions with a focus on drill-ready projects in mining-friendly

jurisdictions internationally.

For additional information: contact investor relations, you can download our latest presentation by

clicking here and you can follow us on Twitter by clicking here.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik,

President, CEO & Director

Silver Dollar Resources Inc.

Direct line: (204) 724-0613

Email: [email protected]

179 - 2945 Jacklin Road, Suite 416

Victoria, BC, V9B 6J9

Forward-Looking Statements:

This news release may contain “forward-looking stat ements.” Forward-looking statements involve known and

unknown risks, uncertainties, assumptions and other fact ors that may cause the actual results, performance or

achievements of the Company to be materially different from any future results, performance or achievements

expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of

this news release and, except as may be required by app licable securities laws, the Company disclaims any intent or

obligation to update any forward-looking statement, whether as a result of new information, future events or results or

otherwise.