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“THE WORLD’S BEST ADDRESS FOR HIGH GRADE SILVER”

Zacatecas Silver Reports its Initial Inferred Mineral Resource Estimate of 16.4 Million Silver Equivalent Ounces at 187 g/t AgEq at the Panuco Deposit Including a Zone of 5.1 Million Silver Equivalent Ounces at 235.25 AgEq

December 14, 2021

Zacatecas Silver Reports Multiple High Grade Silver Intercepts in Previously Undrilled Area of Project Including 2.17m at 823 g/t Silver Eq (798 g/t Silver and 0.34 g/t Gold) in Hole PAN 2021-009

November 23, 2021

Zacatecas Silver Provides Update on Drilling Activities at Panuco

October 15, 2021

Zacatecas Silver Reports Drill Rig Arrival at Panuco Silver Deposit

August 30, 2021

Zacatecas Silver Awarded Drill Permits for Panuco and San Gill

August 12, 2021

Presentation

Commanding strategic land position in the Fresnillo Belt, Zacatecas Mexico, comprising 7,826 hectares (78.2 square kilometers)

The Fresnillo Silver Trend has produced over 6.2 Billion ounces of silver – greater than 10% of world historical production.

Contiguous with Pan American Silver and surrounded by MAG Silver Corp, Penoles, Capstone Mining & Endeavor Silver. 25 km SE of the world renowned Fresnillo Mine (Penoles)

Targeting high impact bonanza grade  exploration drill program.

Following up on previously drilled bonanza grades such as 0.4 meters of 2,500 g/t Ag plus 3.7 g/t Au and 2.09 meters @ 1,309 g/t Ag.

Tight share structure and compelling valuation

Historical inferred resource estimate of 19,472,901 Ag Eq ounces @ 153.2 g/t Ag Eq.

HISTORY OF THE ZACATECAS
MINING DISTRICT

Discovery of silver in the Zacatecas area occurred in 1546. By 1548, the Spaniards had begun production from three mines; the Albarrada Mine on the Veta Grande vein system, and the San Bernabe Mine and Los Tajos Mine on the Mala Noche vein system.

By the late 1800’s silver from the Zacatecas Mining District accounted for 60% of the value of all Mexican exports making it one of Mexico’s wealthiest and largest districts of the era.

According to Ponce & Clark (1988), the Mexican Geological Survey estimated that approximately 23,236,499 kg (747,076,679 Troy oz) of silver was produced from the Zacatecas Mining District between 1548 and 1987.