Mr. David Coburn reports

MASIVO SILVER COMMENCES DRILLING HOLE NUMBER 7 IN NEVADA

Masivo Silver Corp. has finished the drilling of hole No. 6 at 279.9 feet with the objective of testing of the strong historical induced polarization anomalies that are interpreted to reflect sulphide mineralization that is part of the skarn geology. Masivo has commenced the drilling of hole No. 7, targeting a depth of 280 feet, with the objective to test the strong IP anomaly to the south of mine area.

Due to common observed presence of visible gold in the mineralized samples from the Boston mine, Masivo is conducting metallic screen assays on samples for holes No. 2 and No. 3 that returned significant gold values. This is a common analytical practice where coarse gold can create a nugget effect that can both underestimate and overestimate sample assay results.

Highlights for hole No. 1

Results from the first drill hole indicate that Masivo's geological model and projected target zones appear to be accurate. Hole No. 1 encountered two projected mineralized zones. Significant drill intercepts include 55 feet (drilled width) of 0.99 per cent copper, 1.52 grams per tonne gold and 30.35 g/t silver starting at 65 feet downhole.

The company is currently analyzing several gold and silver opportunities in Mexico to possibly acquire in the future. The company also has a $75,000 drill and exploration credit to use in Mexico.

Qualified person

Brian Brewer, PGeo, is Masivo's qualified person for the company's projects in Mexico and Nevada, and has approved this news release.

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 tons of ore per day.

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