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TORONTO — Silver Storm Mining Ltd. (“Silver Storm” or the “Company“) (TSX.V: SVRS | OTCQB: SVRS | FSE: SVR) is happy to announce the Company has positioned orders for all important tools to help underground actions on the 100%-owned La Parrilla Silver Mine Complex (“La Parrilla”) positioned in Durango State, Mexico. This tools consists of underground mining tools, improvement and manufacturing drills in addition to air flow system followers.
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Highlights:
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- New underground mining tools: A complete of ten items consisting of scooptrams, vans, long-hole manufacturing drills, and improvement drills have been ordered and are scheduled for supply throughout Q1 2026.
- Rehabilitation of current mining fleet underway: A low-profile underground haulage truck, and 4 scooptrams have been despatched for rehabilitation. All are scheduled to be accomplished in Q1 2026.
- Ventilation System Upgrades: Two new surface-based air flow followers have been ordered to help protected and environment friendly operations at La Parrilla together with 15 smaller underground auxiliary fan items.
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“Placing orders for brand new underground mining tools and upgrading our air flow techniques at La Parrilla demonstrates Silver Storm’s dedication to security, effectivity, and long-term worth creation,” acknowledged Greg McKenzie, President & CEO. “These investments are important steps as we advance towards the potential restart of operations as early because the second quarter of 2026 and unlocking the total potential of La Parrilla.”
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Top Stories
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Order of New Underground Mining Equipment
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A complete of 4 new low-profile underground haulage vans and scooptrams together with six new improvement and manufacturing jumbo drills have been ordered from China-based Jiangxi Siton Machinery Manufacturing Co., Ltd. (“Siton”) – see Figures 1 to 4. Siton vans, scooptrams and drills are in use at different related sized Mexican-based underground mines and have wonderful efficiency and utilization rankings.
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The new underground mining tools will begin arriving on-site in January 2026 with sequential supply throughout Q1 2026.
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Rehabilitation of Mining Equipment
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The current Sandvik underground mining tools fleet at La Parrilla have been despatched for upkeep and rehabilitation together with one low profile haulage truck and 4 scooptrams. These items of kit will change into sequentially obtainable beginning in January 2026 with supply anticipated to be accomplished in Q1 2026.
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Ventilation System Upgrades
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The Company has ordered two new Howden industrial‑grade air flow followers. A 600 hp unit will act because the principal Rosarios Mine exhaust air flow fan, whereas a 250 hp unit will improve the air flow within the west mining areas of La Parrilla – see Figure 5. Both followers are engineered for high-efficiency airflow and sturdiness in demanding underground situations, making certain dependable air flow efficiency throughout important areas of the operation. An further 15 smaller underground auxiliary fan items have additionally been ordered to help airflow all through the mining complicated.
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Qualified Person
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The scientific and technical info on this doc has been reviewed and permitted by Shane Ghouralal, P.Eng., a Qualified Person as outlined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
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About Silver Storm Mining Ltd.
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Silver Storm Mining Ltd. holds advanced-stage silver initiatives positioned in Durango, Mexico. Silver Storm is dedicated to advancing towards a possible near-term restart of its 100% owned La Parrilla Silver Mine Complex, a prolific operation comprised of a 2,000 tpd mill and three underground mines. The Company additionally holds a 100% curiosity within the San Diego Project, which is among the many largest undeveloped silver property in Mexico. For extra info relating to the Company and its initiatives, please go to our web site at www.silverstorm.ca.
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Neither the TSXV nor its Regulation Services Provider (as that time period is outlined within the insurance policies of the TSXV) accepts duty for the adequacy or accuracy of this information launch.
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Cautionary Note Regarding Forward Looking Statements:
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Certain statements on this information launch are forward-looking and contain numerous dangers and uncertainties. Such forward-looking statements are throughout the that means of the phrase ‘forward-looking info’ within the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements will not be comprised of historic details. Forward- trying statements embody estimates and statements that describe the Company’s future plans, aims or targets, together with phrases to the impact that the Company or administration expects a acknowledged situation or consequence to happen. Forward-looking statements could also be recognized by such phrases as “believes”, “anticipates”, “expects”, “estimates”, “might”, “may”, “would”, “will”, or “plan”. Since forward-looking statements are primarily based on assumptions and deal with future occasions and situations, by their very nature they contain inherent dangers and uncertainties. Although these statements are primarily based on info at present obtainable to the Company, the Company gives no assurance that precise outcomes will meet administration’s expectations. Risks, uncertainties and different elements concerned with forward-looking info may trigger precise occasions, outcomes, efficiency, prospects and alternatives to vary materially from these expressed or implied by such forward-looking info. Forward-looking info on this information launch consists of however will not be restricted to: the Company’s plans and expectations for La Parrilla; the timeline for the supply and set up of latest tools; the timeline for upkeep and rehabilitation of current tools, and the timeline and skill to put the La Parrilla Complex again into operation.
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In making the forward-looking statements included on this information launch, the Company has utilized a number of materials assumptions, together with however not restricted to the next: the Company´s monetary situation and improvement plans don’t change due to unexpected occasions, and administration’s means to execute its enterprise technique; no sudden or antagonistic regulatory modifications with respect to La Parrilla; the flexibility of contractors employed by the Company to finish their work on-time, on-budget, and throughout the technical specs required of their contracts; and the choice to doubtlessly place La Parrilla into manufacturing, and any associated manufacturing choices are largely primarily based on inside Company knowledge and reviews from earlier operations and haven’t been supported by mineral reserve estimates ready in accordance with NI 43-101, preliminary financial assessments, pre-feasibility or feasibility research that exhibit financial and technical viability. As a consequence, there’s elevated uncertainty and a better diploma of financial and technical danger related to any such manufacturing resolution than could be the case if such mineral reserves estimates or research have been accomplished and relied upon to help a manufacturing resolution. No mineral reserves have been established for La Parrilla, and mineral assets that aren’t reserves don’t have demonstrated financial viability.
