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Silver Storm Commences the Expansion of the LA Parrilla Sulphide Flotation Circuit to 1,250 Tpd

Metallurgy & Processing

NEWS RELEASE

SILVER STORM COMMENCES THE EXPANSION OF THE LA PARRILLA SULPHIDE

FLOTATION CIRCUIT TO 1,250 TPD

Toronto, Ontario, February 03, 2026: Silver Storm Mining Ltd. (“ Silver Storm” or the " Company")

(TSX.V: SVRS | OTC QX: SVRSF | FSE: SVR), is pleased to report that all eight new flotation cells

have been fabricated and delivered to site at the Company’s 100% owned La Parrilla Silver Mine

Complex (the “La Parrilla Complex”) in Durango, Mexico.

The installation of the new 1,000 ft3 flotation cells, when combined with the existing processing

equipment, will allow the processing capacity of the sulphide flotation circuit at the La Parrilla Complex

to be expanded from 1,000 tpd to 1,250 tpd . Two of the new cells have already been installed, with

the remaining six cells slated for installation during the first quarter of 2026.

Greg McKenzie, President and CEO, commented, “The installation of the new flotation cells and

the subsequent expansion of the sulphide flotation circuit at La Parrilla represent an important step

toward the potential restart of operations in the second quarter of 2026. The expansion of the sulphide

circuit aligns with the sulphide-dominant nature of the La Parrilla mineral resource.”

Figure 1: Sulphide flotation cells delivered to the La Parrilla Complex

Figure 2: Installation of the new flotation cells is underway

Qualified Person

The scientific and technical information in this document has been reviewed and approved by Shane

Ghouralal, P.Eng., Director, Technical Services of the Company , a Qualified Person as defined by

National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).

About Silver Storm Mining Ltd.

Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. Silver Storm

is committed to advancing toward a potential near -term restart of its 100% owned La Parrilla Silver

Mine Complex, a prolific operation comprised of a 2,0 00 tpd mill and three underground mines. The

Company also holds a 100% interest in the San Diego Project, which is among the largest

undeveloped silver assets in Mexico. For more information regarding the Company and its projects,

please visit our website at www.silverstorm.ca.

For additional information, please contact:

Greg McKenzie, President & CEO

Ph: +1 (416) 504-2024

[email protected]

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the

TSXV) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward Looking Statements:

Certain statements in this news release are forward -looking and involve a number of risks and

uncertainties. Such forward-looking statements are within the meaning of the phrase ‘forward-looking

information’ in the Canadian Securities Administrators’ Natio nal Instrument 51 -102 – Continuous

Disclosure Obligations. Forward -looking statements are not comprised of historical facts. Forward -

looking statements include estimates and statements that describe the Company’s future plans,

objectives or goals, includin g words to the effect that the Company or management and Qualified

Persons (in the case of technical and scientific information) expects a stated condition or result to

occur. Forward -looking statements may be identified by such terms as “believes”, “antic ipates”,

“expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward -looking statements are

based on assumptions and address future events and conditions, by their very nature they involve

inherent risks and uncertainties. Although th ese statements are based on information currently

available to the Company, the Company provides no assurance that actual results will meet

management’s expectations. Risks, uncertainties and other factors involved with forward -looking

information could ca use actual events, results, performance, prospects and opportunities to differ

materially from those expressed or implied by such forward -looking information. Forward-looking

information in this news release includes but is not limited to: the Company's plans and expectations

for La Parrilla; the timeline for the completion of the rehabilitation work and sulphide circuit expansion

activities at La Parrilla; and the timeline and ability to place the La Parrilla Complex back into operation.

In making the forward -looking statements included in this news release, the Company have applied

several material assumptions, including: no unexpected or adverse regulatory changes with respect

to the trading of its common shares , and that the decision to potentially place La Parrilla into

production, and any related production decisions are largely based on internal Company data and

reports from previous operations and have not been supported by mineral reserve estimates prepared

in accordance with NI 43-101, preliminary economic assessments, pre-feasibility or feasibility studies

that demonstrate economic and technical viability. As a re sult, there is increased uncertainty and a

higher degree of economic and technical risk associated with any such production decision than would

be the case if such mineral reserves estimates or studies were completed and relied upon to support

a production decision. No mineral reserves have been established for La Parrilla, and mineral

resources that are not reserves do not have demonstrated economic viability. The absence of mineral

reserve estimates prepared in accordance with NI 43 -101, preliminary economic assessments, pre-

feasibility or feasibility studies supporting a production decision increases the uncertainty of achieving

any particular level of mineral recovery or the cost of such recovery, and heightens the risks associated

with developing a commercially mineable deposit. Historically, projects advanced without the support

of such mineral reserves estimates and studies have experienced a significantly higher incidence of

economic and technical failure. There can be no assurance that production at La Parrilla will

commence as anticipated or at all, or that any anticipated production levels or operating costs will be

achieved. A failure to commence production would have a material adverse effect on the Company’s

ability to generate revenue and cash flow to fund its operations. Similarly, a failure to achieve

anticipated production costs would have a material adverse effect on the Company’s cash flow and

future profitability.

Forward-looking statements and information are subject to various known and unknown risks and

uncertainties, many of which are beyond the ability of the Company to control or predict, that may

cause the Company’s actual results, performance or achievements to be materially different from

those expressed or implied thereby, and are developed based on assumptions about such risks,

uncertainties and other factors set out herein.

Such forward -looking information represents managements and Qualified Persons (in the case of

technical and scientific information) best judgment based on information currently available. No

forward-looking statement can be guaranteed, and actual future re sults may vary materially.

Accordingly, readers are advised not to place undue reliance on forward -looking statements or

information.