Permits Received To Drill New High-Priority Targets At Claudia Project

VANCOUVER – Pacifica Silver Corp. has received new permits authorizing exploration drilling at up to 153 additional drill sites on its 100% owned Claudia Silver-Gold Project located in Durango State, Mexico. The newly approved permits enable the Company to drill test several high-priority targets identified from the results of 325 surface rock chip samples collected in 2022 and assayed last year as part of its property-wide exploration program.
Mina Vieja and Mina de Oro areas – Previously untested targets located in the southern portion of the Claudia Project where surface rock chips sampled up to 22.7 g/t Au and 480 g/t Ag. These results extend the significant silver-gold potential of the Aguilareña-Tres Reyes vein system by at least 500 m south of the historical Tres Reyes mine. Justina vein area – Surface rock chip samples previously returned up to 23.6 g/t Au and 77 g/t Ag. In addition, hole 25CLAU059D from the Company’s Phase I drill program intersected 2.10 m grading 3.53 g/t Au and 460 g/t Ag from 219.00 m downhole, including a higher-grade interval of 0.80 m grading 9.01 g/t Au and 1,175 g/t Ag from 219.00 m. These results confirm the presence of high-grade mineralization at depth.
“We are very pleased to receive this new set of permits within six weeks of application,” stated Todd Anthony, Chief Executive Officer. “These approvals allow us to immediately follow up on our recent high-grade discovery at the Justina vein and to drill test the highly prospective Mina Vieja and Mina de Oro areas in the southern portion of the Project for the first time. The permits also include additional drill sites around the Aguilareña and Guadalupana vein zones, where our ongoing Phase II program is currently focused. This expanded access will enable continued step-out drilling to expand known zones of high-grade silver-gold mineralization, while systematically evaluating the broader potential of this large, under-explored epithermal system throughout 2026.”
Three diamond drill rigs are currently active on the Project focused on further defining the Aguilareña vein system. With the newly approved permits now in place, the Company will reallocate two of the drill rigs in the coming weeks to commence initial testing of the high-priority Mina Vieja and Mina de Oro targets in the southern portion of the Project, and to conduct follow-up drilling at the Justina vein area. One drill rig will remain dedicated to continued definition and expansion drilling along the Aguilareña vein system.
In parallel, the Company has recently collected and submitted an additional 172 surface rock chip samples from the southern portion of the Project for assaying. These results are expected to further refine geological models and help prioritize future drill targets.