Highlander Silver reports assay results from drilling at Bonita vein system

Highlander Silver (HLSCF) reported assay results from shallow drilling at its expanding Bonita vein system. These results include the highest grades reported to date and the discovery of a new zone in step-out drilling over 200m northwest of prior holes along trend. The Bonita vein system is exposed along a ridgeline approximately 10km to the south of the bonanza grade Ayelen deposit at the San Luis gold-silver project in Central Peru. Highlights: BOD-025 returned 27.0m of 5.28 grams per tonne gold and 52.97 g/t silver from near surface at 2.3m downhole, marking the discovery of the Urpicha zone over 200m northwest of the nearest hole in BOD-003. The Urpicha discovery confirms the potential of the Bonita vein system to host strong mineralization near surface to the northwest of prior drilling where multiple parallel structures remain to be tested and the zone remains open along strike. BOD-023 tested the Kusy zone and intersected one of the broadest continuous intervals of near surface high grade mineralization reported to date, with 23.9m of 20.82 g/t Au and 31.53 g/t Ag returned from 21.0m downhole, in a hole oriented to the south of previously reported BOD-021. BOD-022, also testing the Kusy zone, returned 23.4m of 11.70 g/t Au and 26.10 g/t Ag from 13.5m downhole from a platform to the southeast of BOD-019 The Company is incorporating the results of Phase I, including the assay results of the drilling to-date, processing and analyzing the drone-based geophysical survey to identify permissive structural features across more than 5,000 hectares encompassing the outcropping Bonita vein system and its potential extensions, and integrating the latest drilling, mapping, soil and channel sampling results to design the optimal drilling campaign for Phase II. Preliminary results have revealed several zones exhibiting structural patterns and geophysical signatures analogous to those hosting mineralization tested by recent drilling, with newly identified targets to the west under cover, to the east, and along strike – complete analysis is expected to be available in the New Year.