Mr. Derek Iwanaka reports

PRINCE SILVER FILES NI 43-101 TECHNICAL REPORT FOR ITS STAMPEDE GAP PORPHYRY COPPER-GOLD-MOLYBDENUM PROJECT IN NEVADA

Prince Silver Corp. has completed its National Instrument 43-101-compliant technical report, titled "43-101 Technical Report on the Stampede Gap Project, Lincoln County, Nevada, USA," with an effective date of March 10, 2026. The report was prepared by independent qualified person John E. Hiner, SME registered member, and underscores the significant exploration potential of the Stampede Gap project.

The Stampede Gap project is strategically located northwest of Pioche, Nev., and encompasses a substantial, district-scale land package covering approximately 27 square kilometres. Situated within the prolific Pioche mineral district, the project lies near the company's flagship Prince Silver project, further consolidating and enhancing the company's expanding district-scale footprint in eastern Nevada.

The technical report delivers a comprehensive synthesis of historical exploration data, geological framework and mineral potential, identifying multiple high-priority exploration targets across the property.

Key highlights include:

• Strong potential for porphyry copper-molybdenum-gold mineralization linked to the Manhattan intrusive system;
• Carbonate replacement-style lead-zinc-silver mineralization analogous to nearby deposits in the renowned Pioche district;
• Emerging gold targets hosted within favourable sedimentary units.

Importantly, the report concludes that Stampede Gap represents a compelling exploration opportunity, supported by favourable geology, encouraging historical results and the presence of multiple mineralization styles. The author recommends a robust next phase of exploration, including detailed geological mapping, expanded geochemical sampling, geophysical surveys and targeted follow-up drilling to unlock the project's full potential. This technical report is available under the company's profile on SEDAR+.

Derek Iwanaka, chief executive officer of Prince Silver, commented:

"The Stampede Gap project is a natural extension of our Pioche-focused Nevada strategy. With our core Prince project and recently staked claims to the north now forming a broader district position, Stampede Gap represents another large-scale exploration opportunity within the same mineral belt. The project sits approximately two kilometres west of our new northern claims and underscores our approach of building a dominant land position in one of Nevada's most historically productive silver districts."

Qualified person

The scientific and technical information in this news release has been reviewed and approved by John Hiner, SME registered member, a qualified person as defined by National Instrument 43-101.

About Prince Silver Corp.

Prince Silver is a silver exploration company advancing its flagship Prince silver project in Nevada, United States, featuring a near-surface, historically drilled deposit that remains open in all directions. The company also holds an interest in the Stampede Gap project, a district-scale copper-gold-molybdenum porphyrysystem located 12 km northwest of the Prince silver project, highlighting Prince Silver's focus on high-potential, strategically located exploration assets.

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