Silver Storm Announces La Estrella Zone Drill Results

Toronto, Ontario, May 7, 2024: Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR), is pleased to announce further 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 four holes contained within this release are from the C1940, San Rafael, and La Estrella Zones in the Quebradillas mine. These three zones were not modeled or included in the NI 43-101 Mineral Resource Estimate prepared by SRK for the La Parrilla Silver Mine Complex published on August 10, 2023.

Key highlights include:

• Hole Q-23-030 intersected the La Estrella Zone returning 455 g/t Ag.Eq1 over 4.13 metres (“m”) including 1,617 g/t Ag.Eq over 0.60 m

-        Located approximately 87 m above the last mine development in this area, with similar high-grade mineralization. 1967 EL stope composted historical channel samples graded 584 g/t Ag.Eq over a strike length of 71 m and average width of 1.89 m.

• Hole Q-23-029A intersected the La Estrella Zone returning 321 g/t Ag.Eq over 7.50 m including 463 g/t Ag.Eq over 1.12 m and 708 g/t Ag.Eq over 1.38 m.

-        Located approximately 22 m above the previously developed 1967 EL stope.

• Hole Q-23-027 intersected the San Rafael Zone returning 708 g/t Ag.Eq over 2.36 m, including 1,673 g/t Ag.Eq over 0.57 m.

• Hole Q-23-028 intersected the San Rafael Zone returning 540 g/t Ag.Eq over 1.21 m.