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Silver Storm Orders LA Parrilla Underground Mining Fleet and Ventilation System

Corporate Updates

NEWS RELEASE

SILVER STORM ORDERS LA PARRILLA UNDERGROUND MINING FLEET AND

VENTILATION SYSTEM

Toronto, Ontario, December 18, 2025: Silver Storm Mining Ltd. (“Silver Storm” or the "Company")

(TSX.V: SVRS | OTCQB: SVRS | FSE: SVR) is pleased to announce the Company has placed orders

for all critical equipment to support underground activities at the 100%-owned La Parrilla Silver

Mine Complex (“La Parrilla ”) located in Durango State, Mexico . This equipment includ es

underground mining equipment, development and production drills as well as ventilation system fans.

Highlights:

• New underground mining equipment: A total of ten units consisting of scooptrams, trucks, long-

hole production drills, and development drills have been ordered and are scheduled for delivery

during Q1 2026.

• Rehabilitation of existing mining fleet underway: A low-profile underground haulage truck, and

four scooptrams have been sent for rehabilitation. All are scheduled to be completed in Q1 2026.

• Ventilation System Upgrades: Two new surface-based ventilation fans have been ordered to

support safe and efficient operations at La Parrilla along with15 smaller underground auxiliary fan

units.

“Placing orders for new underground mining equipment and upgrading our ventilation systems

at La Parrilla demonstrates Silver Storm’s commitment to safety, efficiency, and long -term

value creation,” stated Greg McKenzie, President & CEO. “These investments are essential steps

as we advance toward the potential restart of operations as early as the second quarter of 2026 and

unlocking the full potential of La Parrilla.”

Order of New Underground Mining Equipment

A total of four new low-profile underground haulage trucks and scooptrams along with six new

development and production jumbo drills have been ordered from China-based Jiangxi Siton

Machinery Manufacturing Co., Ltd. (“Siton”) – see Figures 1 to 4. Siton trucks, scooptrams and drills

are in use at other similar sized Mexican-based underground mines and have excellent performance

and utilization ratings.

The new underground mining equipment will start arriving on -site in January 2026 with sequential

delivery during Q1 2026.

Figure 1 - Siton XTUW-4 Underground Scooptram (photo courtesy of Siton)

Figure 2 - Siton XTUT-20 Underground Diesel haul truck (photo courtesy of Siton)

Figure 3 - Siton DL2 Longhole Production Drill (photo courtesy of Siton)

Figure 4 - Siton DW1-31 Longhole Production Drill (photo courtesy of Siton)

Rehabilitation of Mining Equipment

The existing Sandvik underground mining equipment fleet at La Parrilla have been sent for

maintenance and rehabilitation including one low profile haulage truck and four scooptrams . These

pieces of equipment will become sequentially available starting in January 2026 with delivery

anticipated to be completed in Q1 2026.

Ventilation System Upgrades

The Company has ordered two new Howden industrial‑grade ventilation fans. A 600 hp unit will act as

the principal Rosarios Mine exhaust ventilation fan, while a 250 hp unit will enhance the ventilation in

the west mining areas of La Parrilla – see Figure 5. Both fans are engineered for high-efficiency airflow

and durability in demanding underground conditions, ensuring reliable ventilation performance across

critical areas of the operation. An additional 15 smaller underground auxiliary fan units have also been

ordered to assist airflow throughout the mining complex.

Figure 5 - Howden 8400 AMF 5000 FB , 600 hp ventilation fan ( left); Howden 8400 VAX 3150 FB , 250 hp ventilation fan (right)

(photos courtesy of Howden)

Qualified Person

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

Ghouralal, P.Eng., 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 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, including words to the effect that the Company or management expects a stated

condition or result to occur. Forward-looking statements may be identified by such terms as “believes”,

“anticipates”, “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 these 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 dif fer

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 delivery and installation of new equipment ; the timeline for

maintenance and rehabilitation of existing equipment, 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 has applied

several material assumptions, including but not limited to the following: the Company´s financial

condition and development plans do not change because of unforeseen events, and management’s

ability to execute its business strategy; no unexpected or adverse regulatory changes with respect to

La Parrilla; the ability of contractors hired by the Company to complete their work on-time, on-budget,

and within the technical specifications required in their contracts; and 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 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 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 technic al 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 Com pany’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 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 und ue reliance on forward -looking

statements or information.