Silver Storm Conducts First Pour of Silver-GOLD Doré at LA Parrilla
NEWS RELEASE
SILVER STORM CONDUCTS FIRST POUR OF SILVER-GOLD DORÉ AT LA PARRILLA
Toronto, Ontario, June 11, 2026: Silver Storm Mining Ltd. (“ Silver Storm ” or the " Company")
(TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce the first silver-gold doré pour
at the Company’s 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) located in Durango
State, Mexico.
Greg McKenzie, President and CEO, stated, “We are excited to reach this significant milestone less
than three years after closing the acquisition of La Parrilla . I extend my congratulations to the Silver
Storm team for delivering first silver safely and successfully. With the first pour completed, we have
kicked off the restart of operations at La Parrilla , starting a new chapter for the Company and its
stakeholders.”
Figure 1: First doré pour at La Parrilla (left); silver-gold doré bars poured at La Parrilla (right)
The first pour was completed as part of the commissioning process of the oxide processing circuit at
La Parrilla. The Company now expects to be able to pour silver-gold doré on an ongoing basis. Silver
Storm commenced the commissioning of the oxide processing circuit in early June utilizing mineralized
material from the open-pit oxide stockpile. The oxide circuit will continue to process the material from
the oxide stockpile until underground development in the San Marcos area of the mine starts to provide
access to run-of-mine mineralized oxide material. Commissioning of the 1,250 tonnes per day sulphide
processing circuit is expected to commence in June 2026 with an estimated ramp-up period of one
month.
Issue of Stock Options
Pursuant to its 2020 Amended and Restated Incentive Stock Option Plan (the “Plan”), Silver Storm
has granted stock options of the Company (“Options”) to certain officers, employees, and consultants
of the Company, to purchase an aggregate of 400,000 common shares of the Company at the price
of $0.50 per share for a period of five years from date of grant. The Options all vest periodically in
accordance with their terms. The Options granted are under and subject to the terms and conditions
of the Plan and subject to the rules and policies of the TSX Venture Exchange (the “Exchange”). This
stock option grant is subject to acceptance by the Exchange.
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 2,000 tpd mill and three underground mines. The
Company also holds a 100% interest in the San Diego Project which ranks among the largest
undeveloped silver projects 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
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, includi ng words to the effect that the Company or management and Qualified
Persons (in the case of technical and scientific information) expect 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
cause 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
expected timeline for underground development and the provision of run-of-mine mineralized material
to the oxide processing circuit; the expected oxide circuit processing rates and the expectation of
conducting doré pours on an ongoing basis; and the timeline for the completion of the commissioning
activities at La Parrilla.
In making the forward -looking statements included in this news release, the Company has applied
several material assumptions, including , among other things , the absence of material adverse
changes in market conditions, metal prices, permitting status, operating conditions, labour availability,
and access to required equipment, parts, and consumables . The Company cautions that its decision
to potentially restart operations at La Parrilla, and any related production decisions, are largely based
on internal Company data, historical operating results, reports, and engineering assessments and are
not supported by a current mineral reserve estimate prepared in accordance with NI 43 -101,
preliminary economic assessments, pre -feasibility studies, or feasibility studies that demonstrate
economic and technical viability. As a result, 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 studies, 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 generat e 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 management ’s 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 results may vary materially.
Accordingly, readers are advised not to place undu e reliance on forward -looking statements or
information.