ZACATECAS SILVER CORP - ZCTSF STOCK NEWS

Zacatecas Silver Corp. has filed a NI 43-101 technical report for its Esperanza Gold Project in Mexico. The report supports a Mineral Resource Estimate (MRE) comprising a pit-constrained measured and indicated resource of 30.3 million tonnes at 0.97 g/t AuEq, totaling 941,000 ounces AuEq. Inferred resources include 8.3 million tonnes at 0.93 g/t AuEq, amounting to 248,000 ounces AuEq. The MRE highlights the project's potential but notes that mineral resources do not guarantee economic viability, and factors like environmental regulations could impact results.

Zacatecas Silver Corp. (TSXV: ZAC, OTC: ZCTSF) provided an overview of its progress in 2022 across its gold and silver projects in Mexico. Key highlights include the completion of a high-grade Mineral Resource Estimate (MRE) for the Esperanza Gold Project with 956k ounces AuEq and a Pre-Feasibility Study underway. At the Zacatecas Silver Project, significant high-grade silver intercepts were reported, particularly from Panuco North and El Cristo areas. The company raised $19.15 million for project development, welcoming two new board members to further its strategic goals.

Zacatecas Silver Corp. (TSX: ZAC, OTC: ZCTSF) has announced an initial Mineral Resource Estimate (MRE) for its Esperanza Gold Project, revealing a total of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq, and 8.7 million tonnes at 0.98 g/t AuEq for 276 thousand ounces AuEq. The MRE indicates a high-grade oxide gold deposit with significant exploration potential. A Pre-Feasibility Study is currently underway, aiming to establish a high margin, low-cost operation. The resource estimate was prepared by P&E Mining Consultants Inc.

Zacatecas Silver Corp. (OTC: ZCTSF) announced promising results from its phase one diamond drilling at the El Cristo vein system, revealing significant silver-base metal mineralization across 22 of 28 drilled holes. Highlights include:

• High-grade intercepts, such as 9.00 m @ 158 g/t Ag Eq and 0.82 m @ 592 g/t Ag Eq.
• The mineralization is interpreted as the western extension of the Veta Grande vein system.
• 28 diamond drill holes covered 2,815 meters.

The company aims to leverage this data for further exploration and resource estimation at its Esperanza Gold Project.

Zacatecas Silver Corp. (OTC: ZCTSF) has appointed Jorge Ramiro Monroy as Advisor, effective immediately. Monroy brings extensive experience in the mining sector, having founded Emerging Markets Capital and played a pivotal role in the Mexican Chamber of Commerce in Hong Kong. Shareholders approved all motions during the Annual General Meeting on July 15, 2022, including the re-election of several directors and the appointment of Dr. Luis Chavez Martinez as a director. The meeting saw 27.4% of shares voted, with high support for key resolutions, indicating strong shareholder confidence.

Zacatecas Silver Corp. (ZCTSF) announced promising results from its maiden diamond drilling program at the El Cristo vein system. The initial assays reveal significant silver mineralization, with intervals of up to 9.53 meters showing 175 g/t Ag equivalent. Other assay highlights include 974 g/t Ag equivalent over 0.5 meters in hole CRI-2022-013. The drilling, targeting near-surface zones, identified multiple mineralized veins and has completed 28 holes so far, with assays pending for 15. The exploration continues to demonstrate the potential of the El Cristo system, linked to the historically productive Veta Grande vein.

Zacatecas Silver Corp. (TSXV: ZAC, OTC: ZCTSF) announced the engagement of Palaris Ltd. to lead a pre-feasibility study (PFS) for the Esperanza Gold Project in Mexico. The appointment aims to advance the project's development, crucial for defining its scope and submission of the MIA (Manifestación de Impacto Ambiental). Palaris will focus on project oversight, resource modeling, metallurgical testing, and economic analysis to ensure a best-in-class mining operation. The Esperanza Gold Project is part of Zacatecas Silver's extensive property in the prospective Fresnillo Silver Belt, Mexico.

Zacatecas Silver Corp. has initiated work plans for a current resource estimate at its advanced-stage Esperanza Gold Project in Mexico. The project has a historical resource totaling 34.35 million tonnes at 0.98 g/t gold and 8.09 g/t silver, which includes over 1 million ounces of gold and nearly 9 million ounces of silver. Key immediate actions involve extensive verification through sampling at least 10% of historical drill cores, new metallurgical test work by SGS Minerals, and the identification of expansion targets. The company plans to use this data to support a Pre-Feasibility Study.

Zacatecas Silver Corp. (OTC: ZCTSF) announced promising silver assay results from ongoing diamond drilling at Panuco North. Significant findings include 1.83m at 235 g/t Ag Eq from drill hole PAN2022-057, extending known mineralization by over 300 meters. The company has completed 63 drill holes totaling 7,240 meters, with results from 22 holes pending. The Panuco North Vein remains open for further exploration, with high-grade silver grades confirmed throughout the system, indicating strong future potential for the company.