Made In America | Silver One Resources (TSXV:SVE) - Visiting the Candelaria Project

On-site visit to Silver One Resources' Candelaria Project, Nevada. Recording date: 25th May 2026 Silver One's Candelaria Project offers a rare combination in today's silver market: a large, already-defined resource base paired with a clear technical path to meaningfully better economics than the property's prior operators achieved. Acquired from Silver Standard in 2017 with no royalties owed back to the seller, Candelaria was mined from 1864 through the late 1990s, most recently by Kinross Gold, before shutting down amid low silver prices. Since then, Silver One has drilled 20,000 to 25,000 metres to confirm and expand what remains. The current resource stands at 108 million ounces of silver equivalent measured and indicated, plus another 30 million ounces inferred, spread across two large open pits, an emerging underground zone, and substantial heap leach pad material left behind by Kinross. Grades improve meaningfully with depth, moving from 42 g/t on the leach pads to 90 to 110 g/t around the pits, and up to 200 to 300 g/t in down-dip mixed oxide-sulfide material. The metallurgical story is a key differentiator. New non-cyanide technology developed with partners Extract and Bechtel has lifted heap leach pad recoveries from a historic 51% to as high as 70%, while HPGR crushing on fresh material has improved recoveries to 66%. Just as significant, because Kinross never completed reclamation, the site's permits remain technically active, giving Silver One a faster path to an updated plan of operations once its pre-feasibility study, targeted for year end, is complete. Management is guiding toward production of roughly 15,000 tonnes per day and 5 to 6 million ounces of silver annually, a scale that could position Candelaria among the largest silver producers in the United States. Beyond the near-term plan, the 20,000-acre, 11-kilometre property remains largely unexplored, with early indications of a copper porphyry system at depth adding further optionality. For investors, Candelaria combines scale, improving recoveries, and a genuinely accelerated permitting timeline in a single project. — Learn more: https://cruxinvestor.com/companies/si... Sign up for Crux Investor: https://cruxinvestor.com