VANCOUVER - Silver Wolf Exploration Ltd. (OTCQB: SWLFF) (TSXV: SWLF) ('Silver Wolf' or the 'Company') is pleased to announce that it has received assay results from the one hundred and fifty-five (155) grab samples collected during the on-going surface sample program at the Ana Maria Property in Durango, Mexico.

These rock samples yield several high-grade results, with values up to 1,536 g/t of silver, 34.0% lead and 19.4% zinc. The grades are consistent with previous rock samples taken and demonstrate that a mineralized trend can be readily identified, extending over 1 kilometre.

The grade contours shown below capture all the geochemical samples taken to date at the southern Ana Maria claim and showcase clear geochemical anomalies which are being investigated in conjunction with other exploratory techniques including geologic fieldwork, geophysical surveying and remote sensing approaches.

'In this round of sampling at the southern Ana Maria claim we continue to see high-grade silver, lead and zinc values with a clear NW-SE emerging trend,' said Peter Latta, President. 'Similar to the previous round of sampling, these results confirm the presence of high-grade lead and silver which are typically associated with intrusion related carbonate replacement deposits (CRD). Given the extent of the mineralization over a strike-length of > 1,000 metres, and surface exposures with numerous historic workings, it would suggest that a large mineral deposit may be contained on the property.'

Ana Maria Exploration Work

The southern Ana Maria claim is hosted by the Cretaceous Aurora limestone formation. The geological team has been mapping the hydrothermal alteration assemblages and zoning patterns around showings and prospects of known CRD mineralization.

Based on the updated and extended sample database of 808 rock samples it is observed that Ag-Pb-Zn mineralization has a preferred linear orientation along a NW-SE trend. Mineralization is hosted in recrystallized limestone associated with a system of mantos and breccias with thicknesses ranging from 15 to 50 cm, and the presence of fine-grained black sulfides. Mineralized breccias contain sulfide clasts of 0.5 to 1 cm size with presence of abundant calcite veins and oxides such as hematite and jarosite. Common hydrothermal minerals also include calcite, siderite, manganese, and quartz. The orientation of mineralized breccia bodies is controlled by NW-SE and NE-SW structures with inclinations ranging from 55-degree to 75-degree. The folding of the limestone units is interpreted to control location of mineralization and is currently being investigated as a targeting method.

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, and consists of field mapping, sampling, LIDAR and hyperspectral imaging and electromagnetic geophysical surveying. The Silver Wolf team is interpreting the data to finalize the drill targets planned for 2022/2023.

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 Maria and El Laberinto properties. The Ana Maria claims are 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). The claims are located in a well-known are that is prolific for carbonate replacement deposits (CRDs) in the vicinity of many active or historic mining operations. 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 with a demonstrated understanding of the jurisdiction and local communities.

Contact:

Tel: (604) 682-3701

Web: www.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.

(C) 2022 Electronic News Publishing, source ENP Newswire