Mr. Bruce Bragagnolo reports

REGENCY SILVER COMMENCES DRILL PROGRAM AT DIOS PADRE PROJECT IN SONORA, MEXICO

Regency Silver Corp. has commenced the drill program at its flagship Dios Padre project in Sonora, Mexico.

The company plans to drill approximately 4,500 metres in six to eight holes, focused on targeting along-strike extensions of high-grade mineralization previously intercepted at the Dios Padre project, including:

• 38.0 metres of 7.36 grams per tonne gold in hole REG 23-21;
• 36.0 metres of 6.84 g/t gold, 0.88 per cent copper and 21.8 g/t silver in hole REG 22-01;
• 29.4 metres of 6.32 g/t gold in hole REG 23-14.

Bruce Bragagnolo, founder and chief executive officer, commented: "We are excited that drilling has commenced to target the expansion of the significant high-sulphidation Au-Ag-Cu discovery at Dios Padre. Our team is focused on unlocking the full potential of the project."

Technical information

The technical information contained in this news release has been reviewed by company director Michael Tucker, PGeo, who is recognized as a qualified person under the guidelines of National Instrument 43-101. Mr. Tucker is a director of the company and, for that reason, is not considered independent. Mr. Tucker has read and approved the technical contents of this news release.

About Regency Silver Corp.

Regency Silver is a Canadian resource company exploring for high-grade gold, copper and silver in Mexico. Regency Silver is led by a team of experienced professionals with expertise in both exploration and production. Regency's flagship project is the high-grade Dios Padre project in Sonora, Mexico, where Regency has made a large, high-grade, gold-copper-silver discovery, which appears to be a large magmatic-hydrothermal system that widens at depth. Drill results have included 38 metres of 7.36 g/t gold in hole REG 23-21, 36 metres of 6.84 g/t gold, 0.88 per cent copper and 21.8 g/t silver in hole REG 22-01, and 29.4 m of 6.32 g/t gold in hole REG 23-14.