Capitan Silver intercepts 1,077 g/t AgEq over 1.1 m at Cruz de Plata

Capitan Intersects Silver Mineralization in All Reported Drill Holes Vancouver, British Columbia--(Newsfile Corp. - July 6, 2026) - Capitan Silver Corp. (TSXV: CAPT) (OTCQX: CAPTF) ("Capitan" or "the Company")  is pleased to report additional results from its 60,000m drill program at its Cruz de Plata silver-gold project, located in Durango, Mexico. The Company is reporting assay results from eight (8) drill holes. Highlights: The silver-rich mineralized system at Capitan's Cruz de Plata Project continues to expand, with all reported holes intersecting silver mineralization and extending the mineralized footprint to depth Bonanza-grade drill intercept extends known mineralization down-dip at the Jesus Maria Silver Trend, with grades significantly improving at depth Drill hole 26-JMDD-02 returned 1,077.1 g/t AgEq over 1.1m, within a wider interval of 6.7m of 342.2 g/t AgEq, extending the main Jesus Maria zone 25m down-dip Multiple drill holes along the Jesus Maria Silver Trend (east and west of the Peñoles Fault) significantly expand silver mineralization down-dip and continue to demonstrate strong vertical continuity Upcoming Catalysts: Assays pending for 61 drill holes: 35 core and 26 reverse circulation ("RC") holes, with more arriving weekly Alberto Orozco, CEO of Capitan Silver, commented: "The latest assay results from our 2026 drilling program at Cruz de Plata continue to expand the size and potential of this silver-rich mineralized system.

We are continuing to see high-grade results with grades improving at depth, which demonstrates the strong vertical continuity of this deposit. Additionally, we have significantly expanded mineralization down-dip at several holes across the Jesus Maria Silver Trend." "With four drill rigs currently turning at the property and newly permitted h