Mr. David Coburn reports

MASIVO RESUMES DRILLING AT BOSTON MINE

On June 5, 2024, Masivo Silver Corp. resumed drilling operations at the Boston mine high-grade gold, silver and copper project in Elko county in the state of Nevada.

Drilling operations have restarted with drilling a 150-foot extension on the previously drilled hole No. 2, which, after visible mineralization on the drill core, Masivo's technical and exploration team decided to test additional projected mineralized targets at a greater depth.

"Per discussions with our technical team and the continuing visible mineralization in hole No. 2, we are very excited to have extended drilling of an additional 150 feet on this hole," commented David Coburn, president and chief executive officer.

Nevada drill program highlights:

• The Boston mine area drilling program will comprise eight holes totalling approximately 1,000 metres to test the main mineralized zones as well as historical induced polarization (IP) anomalies.
• Boston mine patent: Four holes will test historic mineralization including the pre-Second World War high-grade producing area. An additional report stated that there was a six-inch vein at this same depth that assayed 10,885 grams per tonne silver (more than 1 per cent). These reports are not compliant with National Instrument 43-101 reporting standards and all numbers quoted should be considered as historic.
• Induced polarization anomalies: At least four holes are planned to test historical IP anomalies that are interpreted to reflect sulphide mineralization that is part of the skarn geology. Based upon the results, a decision will be made as to expanding the IP survey over the rest of the property.

About Masivo Silver Corp.

Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Masivo is currently focused on advancing its exploration projects in the state of Nevada, United States, and in the state of Sinaloa, Mexico. The company's mill, located on its El Colomo property, is capable of processing up to 300 tonnes of ore per day.

We seek Safe Harbor.