Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it is launching a new drilling campaign at its Candelaria Project in Nevada, designed to upgrade the Leach Pad Indicated and Inferred mineral resources to Measured and Indicated. This program marks another step forward in advancing Candelaria towards development. The new resource will be incorporated into a Pre-Feasi ...

Core Viewpoint - Silver One Resources Inc. has successfully closed its second and final tranche of a non-brokered private placement financing, raising a total of $32,000,340 through the issuance of 55,173,000 units at a price of $0.58 per unit [1][4] Group 1: Financing Details - The second tranche involved the issuance of 1,590,000 units for gross proceeds of $922,200 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.80 for three years [2] - The total cash fee paid to finders for the entire offering amounted to $1,834,754, with no finder's warrants issued [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to various activities including drilling programs, exploration and geophysics work, metallurgical and environmental studies, and preparing a pre-feasibility study for the Candelaria Project [4] Group 3: Company Overview - Silver One is focused on the exploration and development of silver projects, holding a 100% interest in the Candelaria Mine in Nevada, which has potential for near-term production [6] - The company has staked 636 lode claims and entered into a Lease/Purchase Agreement for five patented claims on the Cherokee project, which hosts multiple silver-copper-gold vein systems [7] - Additionally, Silver One owns a 100% interest in the Silver Phoenix Project, a high-grade native silver prospect located in the Arizona Silver Belt [8]

Core Viewpoint - Silver One Resources Inc. has successfully closed the first tranche of its non-brokered private placement financing, raising a total of $31,078,140 through the issuance of 53,583,000 units at a price of $0.58 per unit, with a final tranche of $922,200 expected to close shortly [1][2]. Financing Details - The offering received strong support, with Eric Sprott subscribing approximately $10 million, increasing his ownership to about 16.0% of the issued shares [2][7]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.80 for three years [4]. - The company paid a finder's fee of $1,779,464 for the offering, with no finder's warrants issued [5]. Use of Proceeds - The net proceeds from the offering will be allocated to various initiatives, including: - Drilling programs at the Candelaria Project - Exploration and geophysics work at mineral properties - Metallurgical and environmental studies at Candelaria - Preparation of a pre-feasibility study for Candelaria - Annual mineral claim payments - General working capital [6]. Company Overview - Silver One is focused on exploring and developing quality silver projects, holding a 100% interest in the Candelaria Mine in Nevada, which has potential for near-term production through reprocessing historic leach pads [11]. - The company has staked 636 lode claims and entered a Lease/Purchase Agreement for five patented claims on its Cherokee project, which hosts multiple silver-copper-gold vein systems [12]. - Additionally, Silver One owns a 100% interest in the Silver Phoenix Project, a high-grade native silver prospect located in the Arizona Silver Belt [13].

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement financing (see news release dated January 13, 2026). The Company will issue up to 55,173,000 units of the Company (the "Units") at a price of $0.58 per Unit for aggregate gross proceeds ...

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce a non-brokered private placement financing of up to 43,104,000 units of the Company (the "Units") at a price of $0.58 per Unit for aggregate gross proceeds of $25,000,320 (the "Offering"). Each Unit will consist of one (1) common share ("Share") and one-half (1/2) of one common share purchase warrant ("Warrant"), with each ...

Core Insights - Silver One Resources Inc. is initiating detailed drone-borne magnetometry and ground-penetrating radar surveys at its 100%-owned Phoenix Silver Project in Arizona, focusing on the 417 area and the historic Mexican Mine [1][2]. Survey Details - The magnetometry survey aims to identify linear features such as structures, veins, and dikes that may be associated with silver mineralization, particularly in the 417 area where high-grade silver fragments were previously discovered [3][2]. - Ground-penetrating radar (GPR) will be utilized to detect metallic masses, map subsurface structures, and identify historic mine workings, which will assist in guiding exploration efforts [4][5]. Previous Drilling Results - Drilling in 2024 at the 417 area intersected vein structures with significant results, including intersections of up to 3,800 g/t silver and 0.97% copper over 0.35 m, although massive native silver mineralization was not encountered [2][6]. Future Work - If the upcoming surveys yield positive results, the company plans to conduct a gravity survey to further refine drilling targets and may extend geophysical work to the Nuggets North area, where large silver fragments have been collected [6][7]. Additional Exploration - Induced polarization and magnetotellurics surveys targeting porphyry copper in the southern part of the property are ongoing, with results expected in early 2026 [7].

Core Viewpoint - Silver One Resources Inc. is advancing its Candelaria project in Nevada directly to a Pre-Feasibility Study (PFS), which is a significant step towards development, while also enhancing its Phoenix Silver project in Arizona, indicating a potentially impactful year ahead in 2026 [2][4]. Candelaria Project - The Candelaria project has an in-ground mineral resource of 108.18 million ounces of silver equivalent in the Measured and Indicated categories and 29.46 million ounces in the Inferred category [3]. - The company is moving towards completing a PFS, which will provide a more detailed and robust evaluation than a Preliminary Economic Assessment (PEA) [4]. - Additional metallurgical testing is planned to optimize gold and silver recoveries, and the heap leach pad resources will be upgraded to Measured and Indicated [4][6]. - Mine planning, production scheduling, and preliminary engineering have been mostly completed, with a resource update of leach pads expected in Q1 2026 [4][7]. Phoenix Silver Project - The Phoenix Silver project is undergoing an Induced Polarization (IP) survey to define copper-silver targets, which has faced delays due to severe weather conditions [8][9]. - The IP survey aims to test two priority porphyry targets in the southern part of the property, which are near significant copper mining operations [9]. - High-grade silver exploration in the 417 area has shown anomalous silver with copper, lead, and zinc values, although extremely high-grade massive silver was not encountered [10][11]. - Ground penetrating radar (GPR) and drone magnetometer surveys are planned to better define silver targets, with potential follow-up gravity surveys if warranted [11][17]. Future Plans - The Pre-Feasibility Study for Candelaria is estimated to be completed in Q2-Q3 2026, with a Plan of Operations scheduled for H2 2026 [16]. - The IP/MT survey at Phoenix Silver is expected to be completed by the end of December 2025, with final interpretations to follow in early 2026 [17].

Company Overview - Silver One Resources Inc. is focused on the exploration and development of quality silver projects, owning a 100% interest in its flagship project, the past-producing Candelaria Mine located in Nevada [2] - The company also holds a 100% interest in the Cherokee project in Lincoln County, Nevada, which features multiple silver-copper-gold vein systems traced for over 11 km [3] - Additionally, Silver One owns the Silver Phoenix Project, a high-grade native silver prospect recently permitted for drilling, located within the "Arizona Silver Belt" [3] Recent Developments - The company has granted 5,150,000 stock options to its directors, officers, and consultants, with each option exercisable at $0.45 per share for a period of five years, subject to vesting requirements [1]

Core Viewpoint - Silver One Resources Inc. has initiated ground geophysical surveys at its Phoenix Silver project in Arizona, focusing on porphyry copper targets to guide future drilling efforts [1][2]. Group 1: Geophysical Surveys - The company is conducting Induced Polarization (IP) and Magnetotelluric (MT) surveys to detect subsurface metallic minerals, particularly disseminated sulfides [1]. - The surveys are being carried out by Zonge International, Inc. and are expected to be completed by November, with a final interpretative report to follow [1]. - The IP survey aims to provide better definition to potential mineralized targets at depth, particularly in areas with previously identified geophysical anomalies [5][8]. Group 2: Strategic Location - The copper targets are located along the northeastern extension of the Miami-Inspiration copper belt, which includes significant deposits and mines such as Rio Tinto-BHP's Resolution deposit and Freeport McMoran's Miami and Copper City complexes [2]. - The Miami-Copper City and Ocelot deposits are situated 4 km and 3 km southwest of the Phoenix Silver project, respectively [2]. Group 3: Exploration Activities - Silver One is advancing its silver exploration activities, particularly in the 417 area and the Nuggets North target, with plans for geological mapping, surface sampling, and trenching [6]. - A detailed gravity survey is planned over the 417 area to assist in targeting zones of significant silver mineralization [6]. Group 4: Candelaria Project Update - The company is progressing with the Preliminary Economic Assessment (PEA) for its Candelaria Project, led by Kappes Cassiday & Associates, with completion anticipated by year-end 2025 [10].

Industry Overview - Precious metals have shown strong performance in 2023, with gold and silver prices increasing by 39.16% and 42.17% respectively, significantly benefiting the sector [1] - The Sprott Gold Miners ETF SGDM has doubled, rising 98% year-to-date, indicating a robust market for mining stocks [1] - Despite the overall positive trend, junior mining firms have not all capitalized equally, presenting potential investment opportunities [1] Company Highlights Silver One Resources Inc. (SLVRF) - Silver One's flagship project is the Candelaria silver project in Nevada, which historically produced 68 million ounces of silver [4] - Current resources include 66.7 million ounces of silver and 141,400 ounces of gold, with additional resources of 6.46 million ounces of silver and 17,000 ounces of gold [4] - The company has $1.6 million in cash and no long-term debt, providing financial stability for ongoing drilling and studies [5] - Management has significant experience, and insider ownership stands at 15.5%, with Eric Sprott being the largest shareholder at 13% [6] Leviathan Gold Ltd. (LVXN LVXFF) - Leviathan Gold focuses on historic goldfields in Victoria, Australia, particularly the Avoca and Timor projects, which produced over 1 million ounces of gold in the late 1800s [7] - The company has $1 million in cash and no long-term debt, indicating a potential need for financing within the next year [8] - Management and directors own 14.7% of the stock, with a focus on further drilling and an initial resource estimate for Avoca/Timor [9] Astra Exploration Inc. (ATEPF) - Astra Exploration is advancing the Pampa Paciencia and Cerro Bayo gold-silver projects in northern Chile, with promising drilling results indicating strong grade and tonnage potential [10] - The company has $2 million in cash and no long-term debt, positioning it well for exploration through 2026 [12] - Insiders collectively own 28% of the shares, with Michael Gentile being the largest individual shareholder at 18.1% [12]