Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) (FSE: R74) ("Masivo" or the "Company") is pleased to announce that the Company's Phase I diamond drill program has begun at its Cerro Colorado Project in Sonora, Mexico.The initial phase of the program consists of approximately eight (8) diamond drill holes totaling an estimated 1,500 to 2,000 meters. The program is designed to systematically test high-priority silver-copper targets identi ...

Core Viewpoint - Masivo Silver Corp. is set to significantly ramp up operations at its Cerro Colorado Project in Sonora, Mexico, with preparations for a 1500 meters Phase I drill program underway [1][2]. Project Advancement Highlights and Ongoing Field Activities - The Phase I drill program aims to test priority targets identified through surface sampling, geological mapping, and historical data review, focusing on areas with strong potential for silver discovery [4]. - Current activities include rehabilitation of access routes, construction of drill pads, and site preparation necessary for drilling [2][11]. Historical Sampling Highlights and Geological Context - Historical records indicate high-grade silver and gold values from underground workings, with a notable sample from 1972 showing 2,200 g/t silver and 4.57 g/t gold [5]. - Another historical sample returned values of 1,840 g/t silver, 4.8 g/t gold, 3.06% copper, 4.5% lead, and 2.92% zinc [6]. - These historical samples, while selective, provide geological context and support the presence of a multi-metal mineralizing system [7]. Management Commentary - The President and CEO of Masivo Silver Corp. expressed excitement about launching the maiden drill program, emphasizing the geological potential based on historical sampling [8]. - The Senior Geologist highlighted the productive nature of the mineral system at Cerro Colorado, reinforcing confidence in the upcoming drill program [9]. Technical Oversight - The Phase I drill program will be supervised by experienced geologists, ensuring adherence to technical standards [12]. Stock Option Grant - The company has granted 2,550,000 stock options to directors, officers, and consultants, exercisable at $0.085 per share for five years [13]. Company Overview - Masivo Silver Corp. is a Canadian junior exploration company focused on gold, silver, copper, and base metal projects in Mexico and Nevada, with current projects including the Cerro Colorado Property and the Boston Mine Project [14].

Core Viewpoint - Masivo Silver Corp. is advancing its Cerro Colorado Project in Sonora, Mexico, with significant progress in permitting and plans to commence drilling in January 2026 [1][4][6]. Permitting Progress - The company has submitted environmental permit applications to SEMARNAT for exploration activities, including drilling and infrastructure preparation [2]. - This submission is a key milestone that demonstrates the company's commitment to regulatory compliance in Mexico [3]. Planned Phase 1 Drill Program - The Phase 1 drill program is targeted to start in January 2026, pending necessary regulatory approvals [4]. - The program aims to confirm known mineralization and expand zones of interest for precious and base metals [5]. Management Commentary - The CEO of Masivo Silver Corp. highlighted the significance of the SEMARNAT permit submission as a step forward for the project, emphasizing efficient movement into drilling [6]. Project Advancement and Strategy - Cerro Colorado is a cornerstone asset in Masivo's portfolio, with a focus on regulatory compliance, community relationships, and technical rigor [7].

Core Insights - Masivo Silver Corp. reported historic high-grade results from the Cerro Colorado Gold-Silver Project in Sonora, Mexico, as it advances due diligence for a proposed acquisition [1][10] - The company announced a non-brokered private placement of up to $1,000,000 to fund exploration at both Cerro Colorado and the Boston Mine in Nevada [2][12] Historic Drill Highlights - Two drill holes from 2015 returned multiple broad, near-surface, high-grade polymetallic intercepts, indicating significant mineralization potential [3][10] - Key intercepts from Hole ETCC-15-01 include: - 29.65 m @ 50.74 g/t Ag, 0.607% Zn, 0.131% Pb, 0.053% Cu, 0.062 g/t Au [8] - Notable sub-intervals include: - 5.05 m @ 254 g/t Ag, 0.80% Zn, 0.365% Pb, 0.266% Cu, 0.262 g/t Au - 2.95 m @ 384 g/t Ag, 0.939% Zn, 0.544% Pb, 0.399% Cu, 0.395 g/t Au - 2.45 m @ 430 g/t Ag, 0.771% Zn, 0.444% Pb, 0.591% Cu, 0.432 g/t Au [8] - Key intercepts from Hole ETCC-15-04 include: - 35.80 m @ 23.44 g/t Ag, 0.406% Zn [8] - Notable sub-intervals include: - 3.15 m @ 159.06 g/t Ag, 0.513% Zn, 0.338% Pb, 0.141% Cu, 0.188 g/t Au - 0.60 m @ 577 g/t Ag, 0.907% Zn, 0.790% Pb, 0.516% Cu, 0.705 g/t Au [8] Geological Interpretation & Exploration Plans - The geological and geochemical signatures suggest that Cerro Colorado may host a sub-epithermal polymetallic system, potentially linked to breccia structures associated with a deeper porphyry system [9] - The company plans to apply modern exploration tools and initiate a focused drill campaign following the completion of due diligence [10] Private Placement Financing - The private placement will consist of units priced at $0.06 per unit, with gross proceeds of up to $1,000,000 [11] - Each unit will include one common share and one-half common share purchase warrant, allowing the holder to acquire one additional common share at an exercise price of $0.10 for 12 months [11] Use of Proceeds - Proceeds from the private placement will be allocated to exploration at the Cerro Colorado Project and the Boston Mine, as well as for general working capital [12]

Core Viewpoint - Masivo Silver Corp. has completed the design of a strategic drill target program at the Cerro Colorado property in Sonora, Mexico, aiming to explore the potential for significant mineralization [1][2]. Drill Program Overview - The drill program consists of eight holes totaling 1,300 meters, designed by Senior Mexican Geologist Jorge Rafael Gallardo with input from P.Geo Brian Brewer and P.Geo Mark Bailey [1]. - The program is expected to enhance the understanding of the property's potential and unlock significant value [2]. Specific Drill Hole Objectives - **Hole A**: Targets a depth of 130 meters to hit a zone of polymetallic sulfides, with potential for high values of silver, gold, copper, lead, and zinc [2]. - **Hole B**: Planned approximately 500 meters northeast of Hole A, targeting a depth of 150 meters to test a high chargeability anomaly and follow up on historic high-grade values, including assays of 1,840 g/t silver, 4.82 g/t gold, 3.06% copper, 4.55% lead, and 2.92% zinc [3]. - **Holes C, D & E**: Positioned between Holes A and B, with Hole C and E targeting 150 meters and Hole D extending to 200 meters to test the same mineralized structure [4]. - **Holes F & G**: Planned to reach depths of 150 to 300 meters northeast of Hole B, aimed at assessing the continuity of the mineralized structure along a southwest-to-northeast trend [5]. - **Hole H**: Oriented to target a southeast-to-northwest structural system, which is perpendicular to the main trend, with a planned depth of 120 meters [6][7]. Geological Insights - The property features two distinct structural systems: one controlling Ag-Au-Cu-Pb-Zn mineralization and the other hosting Au-Cu-Ag, which may create highly fractured and porous zones conducive to mineralization [9].

Core Viewpoint - Masivo Silver Corp. has signed an agreement to acquire the Cerro Colorado Gold, Copper, and Silver project in Sonora, Mexico, marking a significant milestone for the company as it prepares to initiate drilling operations [1][2]. Acquisition Details - The agreement involves Masivo Silver Corp. acquiring the Cerro Colorado project from Jorge Rafael Gallardo Romero and Minera GoldZone S.A. de C.V. [1] - The project is strategically located 28 kilometers from Alamos, Sonora, and 11 kilometers from the Piedras Verdes open pit copper mine [1]. Financial Commitments - Upon signing the definitive agreement, Masivo will issue 300,000 shares and commence discussions for an eight-hole drill program [2]. - Payments are structured over four anniversaries, starting with $60,000 USD and escalating to $100,000 USD by the fourth anniversary, alongside options for additional shares [3][4]. Project Specifications - The Cerro Colorado project consists of two properties: El Tacon Dos (Cerro Colorado) covering 774 hectares and Valle Del Cobre covering 1,875 hectares [6]. - Masivo Silver is responsible for environmental impacts and all duties and taxes related to the mining concession during operations [6]. Drilling Program - The drilling program is being designed by senior geologists and is expected to commence in May 2025, utilizing a $75,000 USD drill credit [7]. - Historical samples from the project have shown high assay values, including 2,200 g/t Ag and 4.57 g/t Au, indicating significant mineralization potential [8]. Sample Analysis - Recent assays from various locations within the project have returned notable values, such as 1,840 g/t Ag and 4.8 g/t Au from a selective sample [9]. - Surface sampling has shown values ranging from 12 to 561 g/t Ag, confirming the presence of mineralization consistent with the nearby Piedras Verdes Project Mine [11].