Zacatecas Grants Stock Options and RSUs

Zacatecas Grants Stock Options and RSUs

Vancouver, BC – May 9, 2025. Zacatecas Silver Corp. (the “Company”, ZAC: TSX Venture; ZCTSF: OTC

Markets; 7TV: Frankfurt) announces that it has granted options to purchase 1,000,000 common shares

at an exercise price of $0.0 5 per share to an officer and director of the Company. The options are

exercisable for a period of five years from the date of grant. The Company also granted 1,000,000

restricted share units, subject to vesting requirements, to an officer and director of the Company that

are exercisable for a period of three years from the date of grant.

On behalf of the Company

Eric Vanderleeuw

Chief Executive Officer and Director

(519) 729 2440

Forward-Looking Statements

Information set forth in this news release contains forward -looking statements that are based on

assumptions as of the date of this news release. These statements reflect management’s current

estimates, beliefs, intentions and expectations. They are not gu arantees of future performance.

Zacatecas cautions that all forward -looking statements are inherently uncertain and that actual

performance may be affected by many material factors, many of which are beyond their respective

control. Such factors include, among other things: risks and uncertainties relating to Zacatecas’ limited

operating history, its proposed exploration and development activities on i ts Esperanza Gold Project

and Zacatecas Silver Project and the need to comply with environmental and governmental

regulations. Accordingly, actual and future events, conditions and results may differ materially from

the estimates, beliefs, intentions and expectations expressed or implied in the forward -looking

information. A Pre-Feasibility Study has commenced for the Esperanza Gold Project which will provide

further information as to economic projections and assumptions related to the project, however there

are currently no assurances that the project will be economically viable nor assurances that necessary

financing, permitting, and metal prices will exist to enable development. Except as required under

applicable securities legislation, Zacatecas does not undertake to publicly update or revise forward -

looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.