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on Highlander Silver Corp. (isin : CA43087N2041)

Highlander Silver Corp. Advances La Estrella Project with Refined Geological Model and Drilling Preparations

Highlander Silver Corp. announced progress on the La Estrella silver-gold project, providing an update on their geological model and future drilling campaign. The company's technical team developed a drill-defined near-surface exploration target, with estimates between 15 to 35 Mt at 50 to 60 g/t Ag and 0.4 to 0.6 g/t Au, during the second quarter of 2023. This work led to a refined geological model through re-logging historic drill cores and geological mapping in the latter half of the year. Highlander is now finalizing its drilling plans, targeting drill mobilization by the end of Q2 2024.

David Fincham, President and CEO, expressed confidence in La Estrella's silver-gold potential, highlighting the project's technical advancements. Leandro Echavarria, VP of Exploration, underlined the geological model's role in identifying high-grade target zones. The report also details the regional and local geological settings, supporting the model's development and the strategic plan for upcoming drilling activities aimed at expanding known mineralization zones and targeting high-grade feeder structures.

The company is in the process of securing drill permits, with future updates expected. The information was prepared and approved by Walter La Torre, a qualified person, ensuring the scientific and technical accuracy of the disclosed data. Highlander Silver continues to enhance its understanding and preparation for the La Estrella project, aiming for substantial developments in its exploration efforts.

R. P.

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