Silver Storm Mining Ltd. announced the second set of drill results from its Phase 1 diamond drilling program at the Company's 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. Results from the two holes within this release are from the Quebradillas mine. Hole Q-23-007 successfully intersected the Norte-Sur zone returning 436 g/t Ag.Eq1 over 4.46 metres ("m") and 330 g/t Ag.Eq over 2.26 m within a broader interval grading 324 g/t Ag.Eq over 8.72 m. This intercept is located approximately 97 m below the last mine development in this area, with similar high-grade mineralization: - Level 1749 graded 358 g/t Ag.Eq over a strike length of 51 m and width of 3.6 m - Level 1737 graded 407 g/t Ag.Eq over a strike length of 28 m and width of 3.2 m Hole Q-23-007 also successfully intersected a new zone returning 357 g/t Ag.Eq over 1.77 m, including a strong gold intercept of 4.07 g/t Au.

Hole Q-23-006 successfully intersected a new zone of replacement mineralization returning 1,085 g/t Ag.Eq over 0.82 m and 633 g/t Ag.Eq over 0.44 m. Hole Q-23-007 was drilled to target the Norte-Sur extension within the Quebradillas Mine, successfully intersecting quartz-carbonate-fluorite vein, breccia and replacement mineralization, returning 436 g/t Ag.Eq over 4.46 m (173.04 to 177.50 m) and 330 g/t Ag.Eq over 2.26 m (179.50 to 181.76 m) within a broader interval grading 324 g/t Ag.Eq over 8.72 m (173.04 to 181.76 m) - See Table 1; Figures 1, 2 & 3. This intercept is located approximately 97 m below the last mine development in this area, with similar high-grade mineralization: - Level 1749 graded 358 g/t Ag.Eq over a strike length of 51 m and width of 3.6 m, - Level 1737 graded 407 g/t Ag.Eq over a strike length of 28 m and width of 3.2 m; however the previous operator had only mined ~ 50% of the stope when the mine was placed on care & maintenance. Hole Q-23-008 cut the Norte-Sur Zone, and assays are pending. Hole Q-23-007 also, surprisingly, intersected an unusual tourmaline breccia pipe, which returned 4.07 g/t Au over 1.77 m (133.00 to 134.77 m).

Hole Q-23-006 intersected a new zone of replacement mineralization returning 1,085 g/t Ag.Eq over 0.82 m (40.03 to 40.85 m) and 633 g/t over 0.44 m (58.26 to 58.70 m). Similar mineralization was observed 47 m away in historic hole ILP-Q-14-02, which intersected 1,019.5 g/t Ag.Eq over 1.05 m, and follow-up drilling will be performed in the next phase.