Silver One Intersects 472 g/t Silver, 0.6 g/t Gold, plus 0.87% Lead - 1.10% Zinc, Extending Down-Dip Mineralization 400 Metres Beyond Open-Pit Resource

Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to report assay results from the first two drill holes of its 25,000-metre reverse-circulation "RC" 2026 drilling campaign at the Candelaria Project, Nevada.

A total of 2,077 metres has been drilled in four holes, with assays received for two of the completed holes. Results to date reinforce the continuity, thickness and grade of the mineralized system, and demonstrate meaningful down-dip extension of the mineralization. The mineralization remains open along strike.

National Drilling is preparing to mobilize by month-end, with drilling scheduled to resume immediately thereafter as the program continues through the fall and winter.

Highlights

Strong silver-gold-lead-zinc grades in sulfides in both SOC26-196A and SOC26-197. Drill hole SOC26-196A extends the mineralization ~400 m down-dip north from the nearest drill hole used in the 2025 resource estimate.

This hole intersected 9.14 m averaging 472 g/t silver ("Ag"), 0.60 g/t gold ("Au"), 0.87% lead ("Pb"), 1.10% zinc ("Zn"), (540 g/t silver equivalent ("AgEq")) within a broader 25.91-m zone averaging 215 g/t Ag, 0.33 g/t Au, 0.43% Pb, 0.55% Zn (250 g/t AgEq). Mineralization begins at 542.55 m depth. True-widths are approximately 94% of drill intercepts.

Drill hole SOC26-197 intersected 3.05 m averaging 454 g/t Ag, 0.68 g/t Au, 1.45% Pb, 1.77% Zn (539 g/t AgEq) from 391.67 m. An additional 4.58 m intercept averaging 112 g/t Ag, 0.16 g/t Au, 0.24% Pb, 0.42% Zn (131 g/t AgEq) from 403.86 m.

These results continue to demonstrate the robustness and upside potential of the Candelaria mineralized system. Metallurgical testing (2023) confirms sulphides, consisting mainly of galena, sphalerite, and argentiferous galena, respond well to flotation, with silver and gold recoveries significantly enhanced by cyanidation of flotation tails. Average flotation recoveries were 62% silver, 72% gold, 50% lead and 37% zinc.

Greg Crowe, President & CEO of Silver One, stated: "These initial 2026 drill results continue to demonstrate the strength and scale of the Candelaria mineralized system. The grades, thicknesses, and the 400-metre down-dip extension achieved in SOC26-196A, highlight the remarkable continuity of the mineralization and reinforce our view that Candelaria hosts a robust and expanding silver-gold-base-metal system. The sulphide material intersected is similar to that found in deep holes drilled in previous campaigns. Our 2023 metallurgical program showed that sulphides respond well to flotation, providing valuable context and enhancing the opportunities to add value by recovering base metals, in addition to the gold and silver. With two additional holes pending assays, we are encouraged by the momentum of this extensive 25,000 metre program and look forward to updating shareholders as results continue to come in."