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Silverstorm Metals Corp.

TSXV:SVRSLive AI agent

Silver Storm Mining Ltd.

Investor website: https://www.silverstorm.ca/

About

Silver Storm Mining Ltd. holds advanced-stage silver projects located in Durango, Mexico. The Company is committed to advancing toward a potential near-term restart of its 100% owned La Parrilla Silver Mine Complex, a prolific complex which is comprised of a 2,000 tpd mill and three underground mines. La Parrilla produced 34.3 million silver-equivalent ounces between 2005 and 2019. The Company also holds the San Diego Project which is among the largest undeveloped silver assets in Mexico. Silver Storm vested into a 50% interest in the property in January, 2008. To date, over 33,000 meters of surface diamond drilling have been completed on the property. Silver Storm acquired the remaining interests of Golden Minerals in July 2016 and now owns a 100% interest.

Verified company data

Cash position
C$13,766,250
Shares outstanding
766.7 M
Fully diluted shares
1,045.8 M
Mineral resource
Highlights of the Updated Mineral Resource Estimate include: - **107% increase in Indicated Mineral Resources, from 5.2 Moz Ag.Eq12 in the 2023 Mineral Resource Statement to 10.8 Moz Ag.Eq** - **58% increase of Inferred Mineral Resources, from 10.3 Moz Ag.Eq in the 2023 Mineral Resource Statement to 16.3 Moz Ag.Eq** - **Approximately 90% of the Indicated and 85% of the Inferred Mineral Resource tonnage is sulphide mineralization; 10% of the Indicated and 15% of the Inferred Mineral Resource tonnage is oxide mineralization** - **Silver dominant: 66% of the Indicated and 69% of the Inferred Updated Mineral Resource gross metal value is derived from silver** - **23 additional mineralized structures have been modelled, including several that were previously mined by the former operator, with significant upside potential** - **Total all-in exploration cost of US$0.22/oz Ag.Eq discovered**
Projects
["Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQB: SVRS | FSE: SVR) is pleased to announce the Company has placed orders for all critical equipment to support underground activities at the 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) located in Durango State, Mexico. This equipment includes underground mining equipment, development and production drills as well as ventilation system fans. Highlights: · New underground mining equipment: A total of ten units consisting of scooptrams, trucks, long-hole production drills, and development drills have been ordered and are scheduled for delivery during Q1 2026. · Rehabilitation of existing mining fleet underway: A low-profile underground haulage truck, and four scooptrams have been sent for rehabilitation. All are scheduled to be completed in Q1 2026. · Ventilation System Upgrades: Two new surface-based ventilation fans have been ordered to support safe and efficient operations at La Parrilla along with 15 smaller underground auxiliary fan units. “Placing orders for new underground mining equipment and upgrading our ventilation systems at La Parrilla demonstrates Silver Storm’s commitment to safety, efficiency, and long-term value creation,” stated Greg McKenzie, President & CEO. “These investments are essential steps as we advance toward the potential restart of operations as early as the second quarter of 2026 and unlocking the full potential of La Parrilla.”","Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQB: SVRS | FSE: SVR) is pleased to announce the Company has commenced rehabilitation activities at its 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) in Durango State, Mexico. Highlights: · Processing Plant Rehabilitation Program has Commenced o Engineering contractor engaged and mobilized: Dynamic Engineering was awarded the contract for rehabilitation of the La Parrilla processing plant. Estimated completion time is 7 to 9 months. o Sulphide circuit will be expanded to 1,250 tonnes per day, representing a 25% increase o Long lead items ordered for processing plant, including flotation cells · Underground Rehabilitation Work Underway: Initial activities include drift cleaning, scaling, ventilation upgrades, and recommissioning of underground services · Strategic Restart Plan: SRK Consulting (Canada) has been engaged to review the Company’s restart plan for La Parrilla “The commencement of rehabilitation activities and the ordering of long-lead items at La Parrilla marks an important milestone for Silver Storm,” stated Greg McKenzie, President & CEO. “With the existing infrastructure in place and recent financings completed, we are taking decisive steps in respect of the Company’s objective of bringing the historic La Parrilla Silver Mine Complex back into production and creating value for our shareholders and the communities of Durango. Rehabilitation and preparation activities will take seven to nine months, and subject to further technical evaluations, we could target the potential restart of operations as early as the second quarter of 2026.”","Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR), is pleased to announce drill results from the diamond drilling program at the Company’s 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) located in Durango State, Mexico. Drillhole results in this release are from the Rosarios Zone within the past-producing Rosarios mine. Key highlights include: - Hole IDP-RO-26-004 returned 215 g/t Ag.Eq over 11.90 metres (“m”) (ETW 11.9 m). - Hole IDP-RO-26-007 returned 200 g/t Ag.Eq(1,2) over 15.35 m (ETW(3) 13.3 m). - Hole IDP-RO-26-005 returned 297 g/t Ag.Eq over 7.30 m (ETW 7.2 m), 160 g/t Ag.Eq over 4.85 m (ETW 4.8 m) and 196 g/t Ag.Eq over 3.85 m (ETW 3.8 m). - Hole IDP-RO-26-002 returned 239 g/t Ag.Eq over 5.90 m (ETW 5.7 m). - Hole IDP-RO-26-008 returned 481 g/t Ag.Eq over 1.65 m (ETW 1.6 m) and 149 g/t Ag.Eq over 4.10 m (ETW 3.9 m). - Hole IDP-RO-26-003 returned 442 g/t Ag.Eq over 1.00 m (ETW 0.9 m). - The infill drill results from the Rosarios Zone highlighted the potential to extend the Indicated Resources by additional 100 m toward the surface along a strike length of 125 m. “We are pleased to deliver yet another impressive set of drill results, this time demonstrating the potential to increase the La Parrilla Mineral Resource at the Rosarios Zone. We will continue our 15,000 m drilling program to grow the resource footprint while operations ramp up at La Parrilla.”","Silver Storm Mining Ltd. (“Silver Storm” or the \"Company\") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce the commencement of hot commissioning of the sulphide processing circuit at the Company’s 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) in Durango State, Mexico. Hot commissioning represents a stage in the commissioning process during which mineralized material is introduced into the processing circuit to test the circuit under real operating conditions. “The start of hot commissioning of the sulphide circuit marks an important milestone for the Company. Reaching this milestone less than three years after closing the acquisition of La Parrilla is a tremendous achievement for the Silver Storm team. With the first doré pour from the oxide circuit completed recently and hot commissioning of the sulphide circuit underway, we are now in the final stages of the operational restart at La Parrilla.” As part of the hot commissioning process, the sulphide processing circuit will use mineralized material from the high-grade sulphide stockpile. The feed for the sulphide circuit will continue to be sourced from the stockpile until underground development in the Quebradillas and Rosarios areas of the mine starts to provide access to run-of-mine mineralized sulphide material. The mineralized sulphide material will be utilized to produce a silver-rich lead concentrate and a zinc concentrate."]
Leadership
Greg McKenzie (President and CEO, Experienced leader in the mining sector with a focus on operational excellence and strategic growth.)

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