Silver Storm Mining Business Summary

Silver Storm Mining Ltd. (OTCQX: SVRSF) is an advanced-stage silver exploration and development company primarily focused on the acquisition and restart of prolific mineral properties in Durango, Mexico. The company’s business model centers on the production and sale of silver, lead, and zinc concentrates, underpinned by a strategic two-year offtake agreement with Samsung C&T for 100% of its lead-silver and zinc production. Its primary business segments are the La Parrilla Silver Mine Complex, a 2,000 tpd facility currently undergoing expansion to 1,250 tpd for its sulphide flotation circuit with a planned restart in Q2 2026, and the San Diego Project, recognized as one of Mexico’s largest undeveloped silver assets. Within the competitive landscape, Silver Storm positions itself as a near-term producer, bridging the gap between pure-play explorers like Aftermath Silver and large-cap producers such as Hecla Mining and First Majestic Silver, while maintaining a lower-cost entry point relative to developers like Vista Gold. The leadership team is led by President and CEO Greg McKenzie, a former senior investment banker with over 20 years of experience at firms including Morgan Stanley and CIBC World Markets, where he oversaw transactions exceeding $18 billion. He is supported by Chief Financial Officer Carmelo Marrelli, a veteran CPA who serves as principal of the Marrelli Group and holds numerous CFO roles across the TSX and CSE, and William Ansley, the COO and VP of Corporate Development, who brings over two decades of experience in the development and construction of seven mines across the Americas. The Board of Directors includes seasoned industry professionals such as Dwayne Melrose, who has 30 years of international mining experience, and Thomas English, an investment banking veteran. Notable institutional support is highlighted by the company’s financial and commercial partnership with Samsung C&T, which provided a US$7.0 million prepaid offtake facility to fund the La Parrilla restart.