SILVER STORM MINING LTD - SVRSF STOCK NEWS

Silver Storm Mining has announced drill results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex in Durango, Mexico. The results come from 12 holes (1,502 metres) in the San Nicolas and C550 Zones within the Quebradillas mine.

Key highlights include:

• Hole Q-24-054: 535 g/t Ag.Eq over 2.50m within 302 g/t Ag.Eq over 7.00m
• Hole Q-24-065: 847 g/t Ag.Eq over 4.15m within 565 g/t Ag.Eq over 7.20m
• Q-24-063: 643 g/t Ag.Eq over 0.40m and 468 g/t Ag.Eq over 0.50m

The drilling has extended high-grade mineralization at San Nicolas up to 70m above the last mined stope and confirmed mineralization extends at least 40m beneath the last development. At C550, drilling identified a high-grade zone extending 77m below previous development and discovered new mineralization to the south.

Silver Storm Mining has announced significant drill results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex in Durango, Mexico. Key findings include high-grade intersections at the San Marcos Zone, with notable results such as 611 g/t Ag.Eq over 1.50m and 440 g/t Ag.Eq over 1.40m. The drilling has extended the high-grade replacement sulphide zone over a 34m strike length and 100m downdip below the last mine development. The results indicate wider mineralization at depth compared to previously mined horizons. Additional oxide mineralization was discovered in upper undeveloped levels, approximately 40m above last development and 95m below surface, suggesting potential for supplementing the oxide circuit in a restart scenario.

Silver Storm Mining has announced significant results from its Phase 2 diamond drill program at the La Parrilla Silver Mine Complex in Durango, Mexico. The company identified three high-grade zones in Central Rosarios spanning 275 meters and extending mineralization up to 148 meters below the last mined area.

Key highlights include hole RO-24-047 returning 584 g/t Ag.Eq over 1.81m within a broader interval of 338 g/t Ag.Eq over 4.23m. The three high-grade zones collectively span a strike length of 275m down to a depth of ~600m and remain open at depth. Additionally, Footwall sulphide zones approximately 60m south of the Rosarios Zone were intersected with significant silver equivalent grades.

Silver Storm Mining announced drill results from its Phase 2 diamond drilling program at La Parrilla Silver Mine Complex in Durango, Mexico. Key highlights include hole Q-24-040 returning 516 g/t Ag.Eq over 3.00 m within a broader interval of 302 g/t Ag.Eq over 15.00 m. The Norte-Sur Zone showed high-grade intercepts up to 180 m beyond the last mined levels. Hole Q-24-043 successfully intersected 287 g/t Ag.Eq over 6.60 m, demonstrating potential for resource expansion at depth.

Silver Storm Mining announces the resumption of trading on TSX-V on November 28, 2024, following the resolution of a cease trade order. The company completed its underground diamond drill program at La Parrilla Silver Complex in October 2024, with 18,682 metres drilled during Phase 1 & 2. Of these, 12,265 metres have been reported, with remaining 6,417 metres to be reported soon. SRK Canada has been engaged to prepare a Mineral Resource Update, targeted for January 2025. The company also announced its Annual Shareholders' Meeting for January 24, 2025.

Silver Storm Mining announces CFO transition as Mr. Carmelo Marrelli steps down, with a search for successor underway. The company also disclosed amendments to its previous private placement offering, revealing updated figures: 35,392,610 common shares issued, 17,696,305 purchase warrants, and $124,990 in cash finders' fees. Additionally, Silver Storm has engaged Epstein Research for a six-month investor engagement services agreement starting October 1, 2024, for US$10,000, following a three-month trial period that cost US$5,000.

Silver Storm Mining announced high-grade drill results from its Phase 2 diamond drilling program at La Parrilla Silver Mine Complex in Mexico. Key findings include multiple high-grade silver equivalent intercepts from the La Estrella and San Rafael Zones, with notable results of 2,550 g/t Ag.Eq over 0.50m and 1,546 g/t Ag.Eq over 0.49m. The La Estrella Zone shows mineralization over a strike length of 225m, vertical extent of 175m, and true thickness up to 6m. The San Rafael Zone extends approximately 120m in strike length with 80m vertical extent and up to 7.5m true width.

Silver Storm Mining announces its participation in two major investor conferences in November 2024. The company will attend the 121 Mining Investment Conference in London (November 14-15) at Booth #D20, where over 150 mining companies and 500 investors will gather for pre-arranged meetings. Subsequently, Silver Storm will participate in the 50th Annual New Orleans Investment Conference (November 20-23) at the Hilton New Orleans Riverside, featuring a Corporate Luncheon on November 21.

Silver Storm Mining (TSX.V: SVRS | OTC Pink: SVRSF | FSE: SVR) announces that the British Columbia Securities Commission has issued a failure to file cease trade order (CTO) due to the company's delay in filing its annual and interim financial statements for the periods ending March 31, 2024, and June 30, 2024, respectively. The delay is attributed to complexities associated with the La Parrilla assets acquisition. Silver Storm expects to complete the Annual Filings by October 24, 2024, with Interim Filings following within five business days.

The CTO replaces a previous management cease trade order and has led to the suspension of trading on the TSX Venture Exchange. Additionally, the company's listing has been moved from the OTCQB Market to the OTC Pink Open Market. Silver Storm intends to regain its OTCQB listing once the required documents are filed.