VANCOUVER - Silver Wolf Exploration Ltd. (OTCQB: SWLFF) (TSXV: SWLF) ('Silver Wolf' or the 'Company') is pleased to announce that it has received the assay results from eighty-eight (88) grab samples collected during the on-going surface sample program at the Ana Maria Property, located 21 kilometres (km) northwest of the City of Gomez Palacio and the adjacent City of Torreon.

The property consists of 9 mining concessions encompassing 2,549 hectares (ha).

'In this round of sampling we focused on the southern claim and were rewarded with some fantastic results' said Peter Latta, President. 'The results of these samples confirm the presence of high-grade lead and silver typically associated with high grade intrusion related carbonate replacement deposits. We continue our methodical approach to exploration using capital very efficiently and carefully as we refine our drill targets based on the understanding of the geological structures and alterations. We are encouraged by several other areas in the southern claim block that are showing significant mineralization. In addition, we are deepening our understanding of the structures that could support substantial geometry and potentially yield a large discovery. We are waiting for the final geophysical data interpretation, due imminently to corroborate our drill targets for later this year.'

Ana Maria Exploration Work

The southern claim of Ana Maria is hosted by the cretaceous aurora limestone formation. The geological team has been documenting the hydrothermal alteration assemblages and zoning patterns around the known carbonate replacement deposit mineralization showings and prospects. The CRD target zones are based around known CRD prospects with mappable alteration signatures and in structural settings in the hinge zones or anticlines where possible stacked deposits may reside.

Silver Wolf has been following a structured approach to exploration, as laid out in the NI 43-101 Technical Report which is filed on SEDAR, consisting of field mapping, sampling, lidar and hyperspectral imaging and electromagnetic geophysical surveying. The Silver Wolf geological team will interpret the data and finalize the drill targets planned for 2022.

About Silver Wolf

Silver Wolf Is an exploration company focused on exploring high potential projects in prime silver and gold regions of Mexico including the Ana Mara and El Laberinto properties which are both located in a well-known, prolific carbonate replacement deposit (CRD). The Company has operational synergies with Avino Silver & Gold Mines Ltd. and shares many years of combined experience in exploration, development and production. In addition, Silver Wolf has an experienced geological field team who have worked on similar projects in similar regions.

Contact:

Tel: (604) 682-3701

Email: info@silverwolfexploration.com

Cautionary Note

The information contained herein contains 'forward-looking statements' within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on numerous assumptions and involve known and unknown risks, uncertainties, and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

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