Immediate Follow Up of Highest Priority Gold and Silver Targets

T2 Metals Corp. (TSXV: TWO,OTC:TWOSF) (OTCQB: TWOSF) (WKN: A2DR6E) (‘T2 Metals’ or the ‘Company’) is pleased to announce commencement of fieldwork at the Shanghai gold-silver project in the Mayo Mining District, Yukon Territory, Canada. Shanghai covers 27.4 sq km, lies 12 km west of Hecla Mining’s Keno Hill silver mine, and is midway between the AurMac, Eagle and Raven intrusion-related gold deposits.

Shanghai sits within the northwest portion of the Yukon’s Tombstone Gold Belt, one of North America’s most active and gold-endowed mining districts, and home to the famous Klondike goldfield (Figure 1). Recent exploration of the Tombstone Gold Belt by Snowline Gold Corp (Valley project), Sitka Gold Corp (RC Gold project), Banyan Gold Corp (AurMac project) and Sanatana Resources Inc have highlighted the potential for major new gold discoveries and value creation.

Highlights:

• Proximity of Shanghai to infrastructure and competitor gold/silver projects has enabled a rapid start to field work;
• High grade gold and silver values (1.1 oz/tonne Au, 790.5 oz/tonne Ag) reported from historical trenches to be followed up immediately. Location of these trenches can now accurately be determined with modern LiDAR data;
• Project is undrilled despite sitting within multiple sites of exploration, resource estimation and mining by peer companies;
• Class 3 permit in place that enables immediate drilling, access construction and camp establishment;

This first field program by T2 Metals will comprise a helicopter-supported team to collect rock chip and soil samples in the vicinity of geochemical anomalies discovered by previous soil and rock sampling campaigns. Furthermore, the team will field check and sample historical workings which targeted high-grade silver-base metal veins of Keno Hill style (see T2 Metals’ press release dated September 10, 2025). Shanghai lies only 6 km from Banyan Gold Corp’s AurMac camp and 35 km from the Mayo airfield, making helicopter support from either location very efficient.

Fieldwork will focus on two distinct areas and target styles:

• Zone 1: the area covering and surrounding the historical Shanghai Silver Mine where Keno Hill – style silver (‘Ag’) – zinc (‘Zn’) – lead (‘Pb’) – gold (‘Au’) mineralization was developed underground in the 1960s by Silver Titan Mines; and
• Zone 2: areas with multi-element and gold soil anomalism that suggest the presence of intrusion related Au mineralization.

The Zone 1 target covers the Keno Hill Quartzite that lies immediately beneath the Robert Service Thrust Fault, in a geological setting that matches that of the nearby Keno Hill mines. Exploration by Silver Titan Mines Ltd at the Shanghai Silver Mine reported high silver grades from underground workings that followed veins including 9.1 m @ 1182.8 g/t Ag, 8.2% Pb and 7.2% Zn (average width of 1.5 m) (Yukon Minfile 105M 028).

Trenches dug between 1960 and 1966 by Silver Titan Mines Ltd along strike from the Shanghai Silver Mine have been located utilizing an airborne LiDAR survey carried out by project partner Shawn Ryan (Figure 3). Sampling reports from these trenches (see Yukon Minfile #105M027 and Minfile #105M028) describe highly fractured quartz veins and reported grab samples which contained 1.1 oz/t Au, 790.5 oz/t Ag, 0.4% Pb, and 10.4% Cu associated with a halo of chlorite alteration (see Yukon Minfile #ARMC005629 and Doherty, R. A. 2022)*¹.

Additional historical trenching has been identified using LiDAR at the Titan prospect, which lies 5.5km from the Shanghai Silver Mine in a similar setting associated with northeast trending faults beneath the Robert Service Thrust Fault (see Figure 3).

These reported samples and observations, in combination with high values of Ag, Au, Zn, and Pb in more regional soil samples, suggests potential for Keno Hill – style polymetallic mineralization (Figure 2).

Figure 1: Regional Location of the Shanghai Project, Yukon Territory, Canada.
See Table 1 for additional information on resource-stage projects and supporting NI43-101 report references.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7326/267731_343b95f8b4801939_002full.jpg

The Zone 2 target is located within the Upper Proterozoic Hyland Group Yusezyu Formation comprised of phyllite and rare calc silicate rocks that sits above the Roberts Service Thrust Fault in a setting analogous to Banyan Gold Corp’s AurMac deposit. Exploration in this area will focus on broad areas where prior soil samples by partner Shawn Ryan discovered anomalous gold, antimony (‘Sb’), and arsenic (‘As’) that are coincident with Late Cretaceous age quartz monzonite / granodiorite intrusions, referred to as ‘Tombstone Intrusions’ (Figure 4). This association of Au-Sb-As and the presence of Tombstone Intrusions is commonly observed at other intrusion-related gold deposits including those also being explored by Sitka Gold Corp and Snowline Gold Corp.

Figure 2: Target Areas for follow up in field program based on soil geochemistry. Au-Ag-Zn association highlights ‘Keno Hill’ style sliver mineralization below thrust fault. Zone 1 – southern; Zone 2 – northern.

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Figure 3: Image of LiDAR data collected by Shawn Ryan that highlights historical (1960s) mechanical trenching
and access development at the Shanghai Silver Mine and Titan Prospect.

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Mark Saxon, CEO of T2 Metals Corp. said ‘Shanghai is close to major gold projects which delivers both high prospectivity and simplified logistics. We have managed to hit the ground running utilizing local helicopter and camp facilities to follow up existing targets. The work history on the Shanghai project is limited considering its geological potential, due to private ownership by Shawn Ryan for more than 20 years. It is exciting to have the opportunity to draw together historic trench sampling that discovered high grade gold and silver, with modern LiDAR, to identify new undrilled targets.’

Figure 4: Target Areas for follow up in field program based on soil geochemistry. Au-As-Sb association highlights ‘Tombstone Intrusion’ style gold mineralization above thrust fault. Zone 1 – southern; Zone 2 – northern.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7326/267731_343b95f8b4801939_005full.jpg

About the Historical Shanghai Silver Mine

The Shanghai Silver Mine is hosted by the Keno Hill Quartzite immediately below the regionally extensive Robert Service Thrust fault. It lies on the northern limb of the McQuesten Antiform, presenting a mirror image of the Keno Hill camp found on the southern limb of this antiform.

During the 1960’s the Shanghai Silver Mine was explored by Silver Titan Mines Ltd with close to 800 m of underground development. Assays reported from underground workings that followed veins included 9.1 m @ 1182.8 g/t Ag, 8.2% Pb and 7.2% Zn (average width of 1.5 m) (Yukon Minfile 105M 028).

About the Tombstone Gold Belt

The Tombstone Gold Belt, a component of the larger Tintina Gold Province, is a highly prospective metallogenic province in the Yukon, with a range of well-known and emerging gold discoveries. The belt is characterized by a suite of mid-Cretaceous, reduced, felsic intrusions known as the Tombstone Plutonic Suite. These intrusive bodies and the surrounding host rocks have created conditions for the formation of numerous Intrusion-Related Gold Systems (IRGS). Exploration efforts have identified multiple mineralized corridors with gold hosted in sheeted quartz veins and disseminated mineralization within both the intrusive bodies and the hornfelsed country rocks.

Gold mineralization in the Tombstone Gold Belt is typically associated with a distinctive multi-element signature that includes bismuth, tellurium, and tungsten, along with arsenic and antimony. Gold-bearing fluids exsolved from cooling intrusions and preferentially deposited gold in brittle, structurally controlled environments. Both high-grade, structurally-controlled vein systems and lower-grade, bulk-tonnage deposits are known. The region hosts numerous significant deposits and is the site of recent discoveries by companies such as Snowline Gold Corp., Banyan Gold Corp. and Sitka Gold Corp.

Table 1: Gold Deposits in the Tombstone Gold Belt with NI43-101 References

Disclaimers

The qualified person (as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects) for the Company’s projects, Mr. Mark Saxon, the Company’s Chief Executive Officer, a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has reviewed and approved the contents of this release.

Readers are cautioned that the discussion about adjacent or similar properties in this press release is not necessarily indicative of the mineralization or potential of the Shanghai property. The Company has no interest in or right to acquire any interest in any such adjacent properties.

^*1 The reader is cautioned that the historical sampling results, while sourced from independent reports accessed from the Government of Yukon website should not relied upon and are included for context. The Company will need to conduct further exploration, and there is no guarantee that the results obtained will reflect the historical results.

Reference

Doherty, R. A., 2022. NI43-101 Technical Report titled ‘Shanghai Project Technical Report, Mayo Mining District, Yukon’ dated July 15, 2022 on behalf of Targa Exploration Corp. on www.sedarplus.ca.

About T2 Metals Corp (TSXV: TWO,OTC:TWOSF) (OTCQB: TWOSF) (WKN: A2DR6E)

T2 Metals Corp is an emerging copper and precious metal company enhancing shareholder value through exploration and discovery. T2 is focused on the Sherridon Project in Manitoba, the Shanghai Project in the Yukon, and the Cora Project in Arizona.

ON BEHALF OF THE BOARD,

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’ and similar expressions. Forward-looking information in this press release include statements regarding the potential exercise of the Option and obtaining regulatory approval for the Option, and future exploration plans for the Company on the Shanghai project. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements.

These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. Such risks include uncertainties relating to exploration activities; risks in obtaining regulatory approval; the impact of exploration competition; unexpected geological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; weather and other natural phenomena; and other exploration, development, operating, financial market risks. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267731

Rio Silver Inc. (the ‘Company’ or ‘Rio Silver’) (TSX.V: RYO,OTC:RYOOD) (OTC: RYOOF) is pleased to announce that, further to the Company’s announcement on September 11, 2025 (the ‘Previous Announcement’) regarding the intended non-brokered private placement offering (the ‘Offering’) of up to 13,000,000 units (the ‘Units’) of the Company at a price of $0.10 per Unit for gross proceeds of up to $1,300,000, subject to regulatory approval, the Company now confirms that the aggregate amount of the Offering will be comprised of 22,000,000 Units at a price of $0.10 per Unit, by increasing the initial amount of the Offering of 13,000,000 Units by an additional $900,000 by issuing up to an additional 9,000,000 Units at $0.10 per Unit.

The additional net proceeds are intended to be used for exploration and development of the Company’s Maria Norte Au-Ag-Pb-Zn project in Peru, its existing Gerow Lake project in Northern Ontario and for general working capital purposes. All other terms remain unchanged from the Previous Announcement. The closing of the Offering remains subject to receipt of all necessary regulatory approvals, including approval by the TSX Venture Exchange (the ‘Exchange’).

ON BEHALF OF THE BOARD OF DIRECTORS OF Rio Silver INC.

Chris Verrico

Director, President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information,

Christopher Verrico, President, CEO

Tel: (604) 762-4448

Email: chris.verrico@riosilverinc.com

Website: www.riosilverinc.com

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.

Terra Clean Energy CORP. (‘ Terra ‘ or the ‘ Company ‘) (CSE: TCEC,OTC:TCEFF, OTCQB: TCEFF FSE: C 9O0) is pleased to announce that, further to its press release dated September 16, 2025, it has entered into definitive agreements with arm’s length parties to acquire up to a 100% interest in each of the Wheel Anne Claims and the Green Vein Mesa Claims (each of the properties are located in Emery County, Utah, United States).

‘The quick execution of the agreements shows the Company’s commitment and excitement to these assets and to our already significant portfolio of low-risk uranium assets in world renowned uranium basins’ state Greg Cameron, CEO of Terra. ‘Our plan is to have our team on the ground in Utah in the coming weeks working closely with our local partner.’

To earn its respective interests in each of the Wheal Anne Claims and the Green Vein Mesa, the Company would be required to make the following cash payments, common share issuances and incur exploration expenditures on the respective claims as follows:

Wheal Anne Claims

** Subject to the retention by the Vendors of a two percent (2%) net royalty on the Wheal Anne Claims (the ‘ Wheal Anne Royalty ‘), with Terra Clean having the option to purchase fifty percent (50%) of the Wheal Anne Royalty at any time by making a total cash payment to the Vendors in the amount of USD$666,666.

Green Vein Mesa Claims

**  Subject to the retention by the Vendors of a two percent (2%) net royalty on the Green Vein Mesa Claims (the ‘ Green Vein Royalty ‘), with Terra Clean having the option to purchase fifty percent (50%) of the Green Vein Royalty at any time by making a total cash payment to the Vendors in the amount of USD$333,334.

The definitive agreements to acquire an interest in each of the Wheal Anne Claims and the Green Vein Mesa Claims remain subject to the receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange (with the ‘ Effective Date ‘ being the date that all such regulatory approvals have been received).

All securities issued in connection with these agreements would be subject to a four-month plus one day hold period from the date of issuance in accordance with applicable securities laws.

Marketing Agreements

Terra Clean is also pleased to announce that it has engaged the services of Green Crescent Capital (‘GCC’) to conceive and create marketing, advertising collateral and to develop and distribute digital content to increase awareness in the investment community in compliance with the policies and guidelines of the CSE Exchange and other applicable legislation. GCC will be paid a one-time fee of USD$5,000. The agreement between the Company and GCC was signed in September 2025 for a one-month term.  There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. GCC and its clients may acquire an interest in the securities of the Company in the future.

The Company has also engaged the services of OTCWagon (‘OTCW’) for a 38 day market awareness program in compliance with the policies and guidelines of the CSE Exchange and other applicable legislation. OTCW will be paid a one-time fee of C$7,500. The agreement between the Company and OTCW was signed in September 2025 for a 38-day term.  There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. OTCW and its clients may acquire an interest in the securities of the Company in the future.

About Terra Clean Energy Corp.

Terra Clean Energy is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project within the Fraser Lakes B Uranium Deposit, located in the Athabasca Basin region, Saskatchewan, Canada as well as developing past producing Uranium mines in the San Rafael Swell Emery County, Utah, United States

ON BEHALF OF THE BOARD OF Terra Clean Energy CORP.

‘Greg Cameron’
Greg Cameron, CEO

Qualified Person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President, Exploration, and a Qualified Person as defined by National Instrument 43-101.

Forward-Looking Information

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company’s public filings available under the Company’s profile at www.sedarplus.ca .

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Greg Cameron, CEO
info@tcec.energy

Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy

(TheNewswire)

Highlights:

• Surface sampling above the Pinos Cuates and Dos de Mayo mines has extended high-grade gold-silver mineralization over a vertical distance of up to 80 metres

• Silver grades of 2,280 g/t and 1,444 g/t at surface imply a potential vertical zonation with silver increasing upwards in the system

• A newly defined mineralized vein called El Capulin lies parallel to, and approximately 200 metres away from, the Dos de mayo vein and has been traced and sampled for approximately 375 metres along strike with grades up to 6.27 g/t Au and 99 g/t Ag

• The identification of El Capulin and the vertical extension of gold-silver mineralization have significantly increased the potential of the project

‘We are extremely pleased with how the combination of underground and surface sampling is coming together to define a strong, well-defined and high-grade vein system at El Potrero ,’ stated Robert Archer, Pinnacle’s President & CEO.  ‘On the Dos de Mayo trend, the higher silver grades at surface continue to suggest there may be some vertical zonation, with silver increasing upwards.  As one moves uphill to El Capulin, the continued presence of gold-silver mineralization up to 1720 masl infers that mineralization here could extend downwards to similar levels seen on the Dos de Mayo structure, or a vertical distance of approximately 200 metres.  These observations are consistent with low sulphidation systems in the Topia District and elsewhere in Mexico and bode well for the potential to develop significant zones of mineralization.’

Above the Dos de Mayo mine, the previously announced ( June 2, 2025 ) 13.2 g/t Au and 2,280 g/t Ag over 0.30 metres is accompanied by a new grab sample assaying 9.9 g/t Au and 1,444 g/t Ag over 0.35 metres .  These, and other samples, effectively extend the mineralization from an elevation of 1490 masl (metres above sea level) to 1570 masl, a vertical distance of 80 metres (see Longitudinal Section below).  Above the Pinos Cuates mine, surface channel sampling returned up to 37.4 g/t Au and 755 g/t Ag over 1.2 metres , while sampling in a small underground working called El Jabali returned up to 36.4 g/t Au and 1,029 g/t Ag over 1.4 metres , together defining a vertical distance of 45 metres from 1520 masl to 1565 masl.  There is an unexplored gap of approximately 120 metres between the Dos de Mayo and Pinos Cuates mines where there is no outcrop exposure or underground workings, but the two mines define a strike length of approximately 325 metres.

Click Image To View Full Size

Fig. 1:  Longitudinal Section of the Dos de Mayo – Pinos Cuates Area

The El Capulín vein is a northwest-southeast-trending structure and has been mapped along a 375 m strike, about the same length defined by the Dos de Mayo and Pinos Cuates mineralization, interrupted and displaced by a northeast-trending fault (see plan map below).  In contrast to the breccia vein on the Dos de Mayo trend, it is a crystalline quartz vein with bands of lattice bladed quartz.  It has an azimuth of 325° with a dip of 65° to 85° NE and width of 45 to 60 cm, or it may appear as a zone of 1 to 5 cm-wide quartz veinlets with a lattice bladed texture, with azimuth of 320°, dip of 80°NE and width of up to 2 metres.

To date, 36 samples have been taken on El Capulin, with the highest value being 6.27 g/t Au and 99 g/t Ag and the lowest being 0.117 g/t Au.  To date, the assay results are more consistent than in the Dos de Mayo vein, probably due to its crystalline rather than brecciated texture.  A notable point about this structure is that it is located at an elevation of 1640 to 1680 masl (metres above sea level) in the SE segment and up to 1720 masl in the NW segment, a vertical distance of up to 80 metres.  If mineralization extends downward to the 1500 masl level seen at Dos de Mayo then there is considerable potential to discover additional mineralization.

Underground mapping and sampling is continuing at the historic La Dura mine to the northwest of Pinos Cuates, and any mineralization here would effectively extend the strike length of the Dos de Mayo vein for another 150 metres, for a total strike length of approximately 500 metres.  Mapping of limited outcrop has traced the vein for a strike length of 1,600 metres to date.

Click Image To View Full Size

Fig 2:  Plan Map of the Main Dos de Mayo and El Capulin Areas Showing Gold Values From Surface Sampling

QA/QC

The technical results contained in this news release have been reported in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’).  Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project.  This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.

Systematic chip channel sampling was completed across exposed mineralized structures using a hammer and maul.  The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres.  The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures.  Samples were collected along the structural strike or oblique to the main structural trend.  Grab samples, by their nature, are only considered as indicative of local mineralization and should not be considered as representative.

All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg.  They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis.  The lab is accredited to ISO/IEC 17025:2017.  All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.

SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm).  All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish.  An ICP-OES analysis package (Inductively Coupled Plasma – Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.

Qualified Person

Mr. Jorge Ortega, P. Geo, a Qualified Person, and independent from Pinnacle, as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.

About the Potrero Property

El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).

High-grade gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.

A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.  Surface rights covering the plant and mine area are privately owned (no community issues).

Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on the development of precious metals projects in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production . In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon . With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long -term , sustainable value for shareholders.

Signed: ‘Robert A. Archer’

President & CEO

For further information contact :

Email: info@pinnaclesilverandgold.com

Tel.:  +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release .

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