Silver Pony Announces an Exploration Update from Work Ongoing Drill Testing of Primary High-Grade Silver Targets

Drilling progress is real, but no assay results or financials are disclosed yet.

Risk flags

• ●The absence of assay results means there is no evidence that current drilling will yield economically viable grades or widths. This is critical because operational progress alone does not translate to value without positive assays.
• ●Reliance on historic high-grade surface samples to imply potential value is risky, as surface results often fail to predict subsurface continuity or grade. Investors have no assurance that current drilling will replicate or extend these grades.
• ●No financial data is disclosed—there is no information on cash position, burn rate, or funding runway. This lack of transparency increases uncertainty around the company's ability to sustain operations through the next phase of exploration.

Bottom line

This update confirms that Silver Pony Resources is advancing its drill program in British Columbia, with three holes totaling over 1,000 m and a fourth underway. While technical progress is clear and historic surface samples are high-grade, there is no current assay data or financial disclosure to support claims of value creation. The company's narrative leans on geological potential and operational milestones, but the investment case remains unproven until assay results are released. Investors have no visibility into the company's financial health or the likelihood of a resource discovery. For now, this is an operational milestone with no actionable investment impact until assay data is available. The most important takeaway is that all material outcomes hinge on pending assay results.

Announcement summary

(CSE:PONY, OTC:CCCFD) Silver Pony Resources Corp. announced that its maiden diamond drill program at the Silver Pony Project in British Columbia has surpassed 1,000 m, with the first three holes complete for a total of approximately 1,013 m and a fourth hole underway. SP26-001 was completed to 298.4 m at the Black Warrior target, SP26-002 at 352.77 m at the Badshot Formation contact, and SP26-003 at 361.7 m at the Old Gold target area. Historic high-grade surface sampling includes a chip sample of 3,549 g/t Ag at the Black Warrior Target and a grab sample returning 12,147 g/t Ag and 10.7% Cu at the Old Gold Target. The company mobilized to the project in early June 2026, with diamond drilling commencing July 3rd, 2026. The Silver Pony Project comprises 37 contiguous mineral tenures totaling 37,022.88 hectares in southeastern British Columbia, within the Slocan Mining District and Revelstoke Mining District. First core shipments have been submitted to Actlabs with initial assay results expected over coming months. The company projects the completion of the current exploration program and anticipates timing and results of assay submissions in the coming months.

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