Silver Acadia reports high-grade silver-gold results at Victoria

Montreal, Quebec--(Newsfile Corp. - July 22, 2026) - Silver Acadia Exploration Inc. (CSE: SLA) (" SLA " or the " Company ") is pleased to announce additional high-grade assay results from the Phase 1 drill program at the Hachey Zone on its flagship Nicholas-Denys Project. The Company is also reporting the results of a comprehensive structural study completed by Terrane Geoscience Inc. from Fredericton, NB, which provides a new geological framework for understanding the controls on silver, gold, and zinc mineralization at the property. The integration of detailed structural mapping, recent Phase 1 drilling results and recent compilation of more that 125,000m of historical drilling on the property has positively impacted the Company's knowledge of the mineralizing system and will guide future Phase 2 drill program.

Highlights Expansion of Hachey Zone - Additional high-grade silver-gold assay results continue to expand the Hachey Zone. Potential 3 km zone containing multiple high grade silver shoots within a lower grade mineralized envelope, Compilation of drilling, surface mapping and structural modelling suggests the development of a mineralized corridor extending approximately 3 kilometres, with multiple connected zones grading over 100 g/t Ag. Additional drilling and geological work are required to confirm its continuity and extent.

Structurally controlled system for better targeting of future drilling - Independent structural study confirms that the principal silver-gold mineralization is structurally controlled. A minimum of two high-grade silver mineralizing events are present as cross-cutting evidence is visible. Mineralization is concentrated along northeast-southwest trending shear zones and S1 foliation, providing predictable controls for future drilling.

Geological evidence supports a magmatic-hydrothermal mineralizing event associated w