Reyna Silver Corp. reported high-grade intercepts in 3 out of 4 holes in the 1,335 metre 2023 Drilling Campaign at its 6,561 hectare Medicine Springs Project in Elko Co., Nevada. Combined with the results from the 2022 drilling program, strong silver and zinc mineralization has been found in 7 out of 9 sub-parallel structures cutting through an area 660 m wide and 1.75 km long.

All the structures show multiple structures of high-grade mineralization surrounded by wide zones of dispersed mineralization. The structures continue in both directions well beyond the initial drilling area and many additional structures along and adjacent to the corridor remain to be tested. Importantly, a Magneto-Telluric (MT) geophysical survey and detailed structural analysis were also completed this summer, and the combined results indicate that the mineralized corridor trends towards an anomaly that coincides with the strongest copper values encountered to date.

This may indicate the location of the system's intrusive center where mineralization is potentially extensive. These results reinforce Medicine Springs as a prime candidate for a large-scale, well-mineralized CRD System and the technical team is incorporating all these new results into a refined district model for drilling next season. Highlights: High-grade Silver cut in three holes; MS23-008 within 44 metres of dispersed mineralization cut several high-grade veins, the best of which was 1.32 metres grading 330 g/t Silver, 11.9% Zinc and 3.4% Lead.

MS23-007 within 56 metres of disseminated mineralization cut by several high-grade veins, the best of which was 1.54 metres grading 304 g/t Silver, 3.5% Zinc and 2.1% Lead. MS23-006 cut 2.35 metres of 217 g/t Silver. The 2023 drilling campaign focused on the southern Golden Pipe corridor and the Silver King area based on a combination of highly geochemically anomalous jasperoids, structural intersections, and distance from previous holes.

Both sets of holes tested strongly mineralized structures to refine understanding and orientation of the geologic framework of Medicine Springs and hone in on its center. A property-wide Magneto-Telluric (MT) geophysical survey was completed and interpreted during the summer and fall. MT is useful for revealing high and low-angle discontinuities, and the NE-SW trend of the mineralized corridor appears to be well displayed in the results.

The survey also reveals conductive anomalies that may reflect mineralized skarn bodies surrounding the style of intrusion that typically lies at the heart of CRD systems or the intrusion itself. The high conductivities coincide with elevated Copper grades in the overlying jasperoids - a possible indicator of proximity to an intrusive source - representing highly prospective drill targets. The structural study shows continuity from the high-grade Reconnaissance Drilling corridor to the MT anomalies over 2 kilometers away.

Mineralization in CRD systems is characteristically continuous from the source outward along structures active at the time of deposition. Therefore, identifying the direction of ore fluid migration allows vectoring along the mineralized corridor toward more extensive proximal mineralization.