Potential Strike Extension From Blackhawk Mine At Ranger-Page Project

VANCOUVER - Silver Valley Metals Corp. reported on strong exploration results from its newly defined East Curlew target at the Ranger-Page Project, Silver Valley, Idaho. The East Curlew target is located approximately 230 meters east of the historic Blackhawk mine, in the footwall of the projected Curlew Fault. The East Curlew target is the eastern extension of the Curlew fault, which is an important fault at the historic Page and Blackhawk mines, which hosts the Curlew Vein, and the prolific Tony Vein. A first assessment completed with modern exploration techniques of the Curlew fault along its eastern corridor. A very large and significant near surface coincident Induced Polarization and Resistivity anomaly measuring 450 meters of strike length and 300 meters of down dip extension from near surface reflects a high potential to discover a complimentary mineralized system to the Blackhawk Mine along the Curlew Fault. A strong and highly anomalous surface geochemistry sample results in silver, zinc, lead, and copper are located near and on top of the geophysical anomalies further validating the importance of the East Curlew target. One of seven high priority large target areas defined from the 2022 exploration campaign constrained within a relatively small 3km x 2km area.

Brandon Rook, CEO, said, “We are pleased to see that the mapped Curlew Structure continues to show significant promise along its eastern extension from the past producing Blackhawk mine. Coincident ground IP, geochemical results, and mapped alteration of host rocks further validate East Curlew's high rank among our long list of near surface targets. East Curlew's proximity to historic mine infrastructure means successful drilling could lead to rapid development for further testing of this near surface mineralization. We look forward to testing the East Curlew target during our 2023 drilling campaign.”