202627 releases
Silver Storm Announces Participation in the 2026 New Orleans Investment Conference
Silver Storm Mining will participate in the 2026 New Orleans Investment Conference, running October 28-31, 2026, at the Hilton New Orleans Riverside hotel. The company is at Booth #137 and will host a corporate breakfast on Thursday, October 29, 2026, from 7:15 am to 7:45 am in room Churchill B2, to discuss ramp-up of operations at the La Parrilla Silver Complex toward steady-state production by 1Q 2027.
CorporateSilver Storm Announces Inclusion into the Benchmark Index Tracked by the GDXJ ETF
Silver Storm Mining (TSX.V: SVRS) has been added to the MVIS Global Junior Gold Miners Index (MVGDXJ), which is tracked by the VanEck Junior Gold Miners ETF (GDXJ). The addition was announced on September 11, 2026 following the index's semi-annual review for constituent selection, and takes effect at the close of trading on September 18, 2026. The Company aims to ramp up operations at La Parrilla to steady state by 1Q 2027.
CorporateSilver Storm Closes Second and Final Tranche of Non-Brokered Private Placement for Aggregate Gross Proceeds of $21.0 Million
The second and final tranche of a non-brokered private placement closed on August 28, 2026, with 12,750,000 units issued at $0.50 per unit for gross proceeds of $6,375,000, bringing the total to 42,000,000 units and $21,000,000 gross. Each unit includes one common share and one-half warrant exercisable at $0.70 for 18 months. Cash finders' fees of $136,918.50 were paid. Net proceeds will fund surface and underground drilling at the La Parrilla Silver Mine Complex and general corporate and working capital purposes.
FinancingSilver Storm Closes $14.625 Million First Tranche of Non-Brokered Private Placement Led by Eric Sprott and Announces Further Upsize Up to $21.0 Million
The first tranche of a non-brokered private placement closed with 29,250,000 units issued at $0.50 per unit for gross proceeds of $14,625,000, led by Eric Sprott. Each unit includes one common share and one-half warrant exercisable at $0.70 for 18 months from the applicable tranche closing. The Offering was further upsized from 30,000,000 units to up to 42,000,000 units for gross proceeds of up to $21,000,000, funding surface and underground drilling at the La Parrilla Silver Mine Complex and general corporate and working capital purposes.
FinancingSilver Storm Announces Upsize of Non-Brokered Private Placement to $15.0 Million
Silver Storm Mining has increased its previously announced non-brokered private placement from 15,000,000 units to up to 30,000,000 units at $0.50 per unit, for aggregate gross proceeds of up to $15,000,000. Each unit comprises one common share and one-half warrant, with each whole warrant exercisable at $0.70 for 18 months from closing. Cash commissions of up to 3.0% may be paid to eligible finders. Proceeds will fund surface and underground drilling at the La Parrilla Silver Mine Complex and general working capital.
FinancingSilver Storm Announces $7.5 Million Non-Brokered Private Placement with Eric Sprott
A non-brokered private placement of 15,000,000 units at $0.50 per unit for gross proceeds of $7,500,000 has been announced, with Eric Sprott, through 2176423 Ontario Ltd., subscribing for the entire offering. Each unit includes one common share and one-half warrant exercisable at $0.70 for 18 months from closing. Proceeds will fund surface and underground drilling at the La Parrilla Silver Mine Complex and general corporate and working capital. Closing is expected on or about August 25, 2026, subject to TSXV approval.
FinancingSilver Storm Drills 215 gt Ag.Eq over 11.9 m and 200 gt Ag.Eq over 15.4 m at the Rosarios Zone
Diamond drilling at the Rosarios Zone of the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico returned 215 g/t Ag.Eq over 11.90 m in hole IDP-RO-26-004 and 200 g/t Ag.Eq over 15.35 m (ETW 13.3 m) in IDP-RO-26-007. Other intercepts included 297 g/t Ag.Eq over 7.30 m, 239 g/t Ag.Eq over 5.90 m and 481 g/t Ag.Eq over 1.65 m. The infill results indicate potential to extend Indicated Resources 100 m toward surface over a 125 m strike length; the 15,000 m drilling program continues.
Drill resultsSilver Storm Announces First Concentrate Shipment from La Parrilla
First shipment of concentrates has been completed from the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico, comprising 105 dry metric tonnes of lead-silver concentrate and 70 dmt of zinc concentrate, delivered under a previously announced offtake prepayment agreement. The concentrates were produced from an initial batch through La Parrilla's sulphide processing circuit. Silver Storm plans to increase sulphide circuit processing rates toward nameplate capacity of 1,250 tonnes per day.
CorporateSilver Storm Drills 661 g/t Ag.Eq over 3.7 m and 328 g/t Ag.Eq over 15.4 m at San Marcos
Drilling at the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico returned 661 g/t Ag.Eq over 3.70 m (ETW 3.48 m), including 1,231 g/t Ag.Eq over 1.60 m, in hole IDP-SM-26-003A, and 328 g/t Ag.Eq over 15.35 m (ETW 11.76 m), including 1,461 g/t Ag.Eq over 2.00 m, in hole EDP-SM-26-006. Results come from oxide zones at the past-producing San Marcos underground mine, with potential to extend Indicated Resources 100 m toward surface over 425 m of strike.
Drill resultsSilver Storm Commences Hot Commissioning of the La Parrilla Sulphide Circuit
Hot commissioning of the sulphide processing circuit has begun at the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico, with feed drawn from a high-grade sulphide stockpile to produce a silver-rich lead concentrate and a zinc concentrate. The concentrate prepayment agreement with Samsung C&T was amended, extending the grace period for initial principal and arrangement fee payments to September 2026 from May 2026 and the concentrate supply period to thirty months. First Majestic Silver advanced a US$5 million unsecured term loan at 15% per annum, closing July 10, 2026.
CorporateSilver Storm Commences Hot Commissioning of the La Parrilla Sulphide Circuit, Amends the Samsung Prepayment Agreement, and Secures US$5 Million Loan from First Majestic
Hot commissioning of the sulphide processing circuit has begun at the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico, using material from the high-grade sulphide stockpile to produce a silver-rich lead concentrate and a zinc concentrate. The Samsung C&T concentrate prepayment agreement was amended to extend the grace period for initial principal and arrangement fee payments to September 2026 from May 2026, with the concentrate supply period extended by six months to thirty months. First Majestic advanced a US$5 million unsecured 36-month term loan at 15% per annum, closed July 10, 2026.
CorporateSilver Storm Announces Mobilization of Underground Mine Development Contractors at La Parrilla
Underground mine development contractors have begun mobilizing at the 100%-owned, past-producing La Parrilla Silver Mine Complex in Durango State, Mexico. Silver Storm engaged MINPRO S.A. de C.V. and Constructora Mexgeo S. de R.L. de C.V. for contract underground mine development services, with mobilization expected to be completed by the end of May 2026. The company describes the step as toward a potential restart of operations at La Parrilla in the second quarter of 2026.
CorporateSilver Storm Expands Senior Leadership and Technical Team
Four mining professionals have joined Silver Storm's senior leadership team: Fernando Ragone as Chief Financial Officer, Arturo Zamudio as General Manager, Mexico, Shane Ghouralal, P.Eng. as Director, Technical Services, and David Travis as Project Director, Mexico. The Company targets restarting operations at the La Parrilla Silver Mine Complex in the second quarter of 2026. Silver Storm also granted options on an aggregate of 12,500,000 common shares at $0.50 per share for five years, subject to TSX Venture Exchange acceptance.
ManagementSilver Storm Receives La Parrilla Surface Drilling Permits
SEMARNAT has issued permits for the construction of 62 drill pads and 27 access roads at the 100%-owned past-producing La Parrilla Silver Mine Complex in Durango State, Mexico, valid for four years. The permits cover 24 sites at the La Ilusion–Argenis target and 32 sites at the 14 Marcos and Rosarios–C340 West Extension targets. Planned work includes approximately 3,600 metres of surface drilling at C340 and an initial 3,000 metres at 14 Marcos to a depth of 300 m.
CorporateSilver Storm Conducts First Pour of Silver-Gold Doré at La Parrilla
The first silver-gold doré pour has been completed at the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico, as part of commissioning of the oxide processing circuit, which began in early June using material from the open-pit oxide stockpile. Ongoing doré pours are now expected. Commissioning of the 1,250 tonnes per day sulphide processing circuit is expected to start in June 2026, with an estimated one-month ramp-up.
CorporateSilver Storm Drills 215 gt Ag.Eq over 11.9 m and 200 gt Ag.Eq over 15.4 m at the Rosarios Zone
Drilling at the Rosarios Zone of the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico returned 215 g/t Ag.Eq over 11.90 m in hole IDP-RO-26-004 and 200 g/t Ag.Eq over 15.35 m in IDP-RO-26-007. Other holes included 297 g/t Ag.Eq over 7.30 m, 239 g/t Ag.Eq over 5.90 m, 481 g/t Ag.Eq over 1.65 m and 442 g/t Ag.Eq over 1.00 m. The infill results indicate potential to extend Indicated Resources 100 m toward surface over a 125 m strike length, within a 15,000 m program.
Drill resultsSilver Storm Demonstrates Resource Growth Potential at the C550 Zone, Expands the 2026 Drilling Campaign by 9,000 Metres
Drill results from the C550 and C535 Zones at the past-producing Quebradillas mine, part of the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico, included 441 g/t Ag.Eq over 21.72 m (ETW 3.8 m), including 771 g/t Ag.Eq over 9.27 m, in hole IDP-QB-26-021, and 1,226 g/t Ag.Eq over 0.30 m in hole EDP-QB-26-004. C550 results indicate potential to extend Indicated Resources 75 m along strike and 90 m at depth. The initial 6,000 m campaign will be expanded by 9,000 m.
CorporateSilver Storm's La Parrilla Mine Laboratory Construction Nears Completion
Construction of a new assay and metallurgical sampling laboratory at the 100%-owned La Parrilla Silver Mine Complex in Durango State, Mexico is nearing completion, with commissioning expected by the end of 2Q 2026, at which point the facility will be fully operational. Silver and gold will be analysed by fire assay with gravimetric or AAS finishes, and base metals by AAS after multi-acid digestion. Current equipment includes three pulverising mills, a drying oven, two muffle furnaces and two AAS spectrometers; extraction system and air compressor installation is underway.
CorporateSilver Storm Drills 473 g/t Ag.Eq over 3.6 m and 137 g/t Ag.Eq over 12.0 m, Extends the San Nicolas Zone at Depth
Drilling at the San Nicolas Zone within the past-producing Quebradillas mine at the 100%-owned La Parrilla Silver Mine Complex in Durango, Mexico returned 473 g/t Ag.Eq over 3.60 m, including 740 g/t Ag.Eq over 1.65 m, in hole IDP-SN-26-001, and 137 g/t Ag.Eq over 11.95 m in hole IDP-SN-26-003. Results cover 910 m of diamond drilling and confirm a high-grade block extending at least 90 m above the last mined stopes over a minimum 45 m strike length. The company says the holes could extend Indicated and Inferred Resources at depth by a further 70 m and 45 m respectively.
Drill resultsSilver Storm Commences the Expansion of the La Parrilla Sulphide Flotation Circuit to 1,250 tpd
All eight new 1,000 ft3 flotation cells have been fabricated and delivered to the 100%-owned La Parrilla Silver Mine Complex in Durango, Mexico, expanding sulphide flotation circuit capacity from 1,000 tpd to 1,250 tpd. Two cells are installed, with the remaining six slated for installation during the first quarter of 2026. The company cited a potential restart of operations in the second quarter of 2026.
CorporateSilver Storm Invites PDAC 2026 Attendees to Visit the Company at Booth #2540 on March 1-4
Silver Storm Mining will exhibit at Booth #2540 at the 2026 PDAC Convention from March 1 to March 4, 2026, at the Metro Toronto Convention Centre. Discussions will cover ongoing rehabilitation work ahead of a potential restart of operations at the La Parrilla Silver Mine Complex in the second quarter of 2026. President and CEO Greg McKenzie will present on Tuesday, March 3, 2026 at 10:47 am EST in Room 801A during the Silver and Royalty session.
Corporate