Trinity Silver Announces TSXV Conditional Approval of Option Agreement to Acquire the Nueva Chanarcillo Silver Project in Northern Chile

(TSXV:TOM) (OTCQB:TOMXF) (FSE:5D5) Trinity Silver Corp. has received conditional approval from the TSX Venture Exchange for filing its option agreement dated effective July 31, 2026, to acquire a 100% interest in four mining exploitation concessions known as the Juan Godoy property, located over the historic Chañarcillo silver mine in the Atacama region of northern Chile. The agreement was entered into by Trinity Silver Corp.'s subsidiary, Metales de Chile SpA, with Sociedad Legal Minera Juan Godoy Una de la Sierra Chañarcillo as the Optionor. Under the agreement, Trinity Silver Corp. may acquire a 100% interest in the property for total consideration of USD $10,000,000 in cash, with payments structured as follows: USD $150,000 upon execution and delivery of pending documentation (already paid); USD $300,000 on or before 12 months from the effective date; USD $750,000 on or before 24 months; USD $1,000,000 on or before 36 months; and USD $7,800,000 on or before 48 months from the effective date. If an act of God or force majeure occurs, the company may request a one-year extension of the option term before the third anniversary by paying USD $2,000,000, which is creditable against the final installment. Upon exercise of the option, Trinity Silver Corp. will hold a 100% interest in the property, subject to a royalty in favor of the Optionor equal to the greater of a minimum royalty of USD $200 per year or a 2.0% net smelter return royalty, payable only from the commencement of commercial production. The royalty is payable for the longer of 100 years from exercise of the option or 70 years from the start of commercial production. During the agreement term, any new mining concessions within a 500-metre area of interest must be applied for in the name and for the benefit of the Optionor, and mining rights staked or acquired by the Optionor within that area, including at the company's request, are included in the agreement. Trinity Silver Corp. did not hold any mining claims within the area of interest before the effective date. If the option is not exercised, the company and its related parties are prohibited from staking or acquiring mining concessions within the area of interest for three years following termination, with these restrictions ceasing upon exercise of the option. After exercise, the area of interest remains relevant for the 2.0% net smelter return royalty and for transfer requirements. Following exercise of the option and subject to satisfaction or waiver of applicable conditions and prior TSX Venture Exchange acceptance, Trinity Silver Corp. has also agreed to acquire two real estate lots held by the Optionor in the area of interest, totaling 170 hectares, for total consideration of USD $40,000. No finder's fees were paid in connection with the agreement. The agreement remains subject to final acceptance of the TSX Venture Exchange, pending one final document expected shortly. Nueva Chañarcillo is located approximately 65 kilometres south of Copiapó in Chile's Atacama Region. Trinity Silver Corp. is advancing the project under the option arrangements announced on August 10, 2026. The company's evaluation includes a tailings assessment as part of its broader silver exploration strategy.

Trinity Silver Provides Procedural Update on Silver-1

(TSXV:TOM) Trinity Silver Corp. has provided an update on legal and administrative matters concerning the Silver-1 project in Azuay Province, Ecuador. A constitutional action has been brought by local community activists, involving Ecuador Gold S.A., the registered holder of the Silver-1 mining concession, and relevant Ecuadorian public authorities. The action challenges the environmental authorisation for Silver-1 on grounds relating to compliance with consultation requirements. The court in Cuenca recently rejected an application to suspend exploration at Silver-1 pending resolution of the constitutional action, addressing only the application for temporary measures and not the merits of the action. The constitutional action remains before the court, with a hearing scheduled for October 15, 2026. Separately, the Prosecutor's Office in Sígsig has commenced a preliminary criminal investigation following a complaint lodged by the Azuay Provincial Government, concerning allegations of false or concealed environmental information associated with the project's environmental authorisation. Investigative steps notified to date include requests for documents and statements. Trinity Silver Corp. is arranging specialist Ecuadorian legal representation to respond to the investigation. The company intends to protect its interests through established legal and administrative processes, but notes there is no guarantee that these actions will be resolved favourably or that planned activities at Silver-1 will continue as anticipated, or at all. The company notes these actions are occurring against the background of the local political environment ahead of Ecuador's nationwide local elections scheduled for 29 November 2026. Trinity remains focused on its exploration portfolio, including Nueva Chañarcillo in Chile. The company will continue to assess the implications of the Ecuador proceedings for Silver-1's environmental authorisation and work program and will disclose material developments as required. Dr. Carlos Arias, Director, commented that the company believes the allegations are unfounded and intends to vigorously defend its position, viewing the court's rejection of the requested interim suspension as encouraging, while acknowledging that the underlying proceedings remain ongoing. The company is focused on presenting supporting evidence through appropriate legal channels and protecting the interests of the company and its shareholders.

Trinity One Metals Identifies Historic High Grade Silver Intercepts at Silver-1 Including 2.60 m at 1,240 g/t Silver

(TSXV: TOM) (OTC: TOMXF) Trinity One Metals Ltd. announced the compilation and initial interpretation of six historic diamond core drill holes completed at the Company's Silver-1 Mine in Ecuador as part of a United Nations exploration program in 1978. The reported results are from the previously mined Ocashuaico sector, with highlights including Ocashuaico hole SB-18 intersecting 2.60 m at 36.16 oz/t silver (1,240 g/t), 1.57% lead and 3.08% zinc from 152.15 m, including 0.25 m at 233.40 oz/t silver (8,002 g/t), 7.80% lead and 11.70% zinc from 154.50 m. Mining at Silver-1 commenced in 1989 and continued until approximately 1994, reaching a reported maximum depth of approximately 90 m, while the new drill intersections occur at calculated vertical depths exceeding this historical maximum. Additional results include SB-19 with 0.50 m at 60.56 oz/t silver (2,076 g/t), 1.66% lead and 5.00% zinc from 48.20 m, and SB-20 with 5.45 m at 6.33 oz/t silver (217 g/t), 0.35% lead and 1.35% zinc from 38.35 m. The company has not independently verified the results through resampling or confirmation drilling, and the available records do not identify the analytical laboratory or methods. The company projects that these records provide an important new dataset for evaluating the potential continuation of high grade mineralisation beneath and surrounding the historical Silver-1 mine workings.

Trinity One Metals Provides Project and Corporate Update

(TSXV: TOM) (OTC: TOMXF) Trinity One Metals Ltd. announced an update on the Silver-1 Mine in Ecuador, including the establishment of a local project office in San Bartolomé to support community engagement, field logistics, technical coordination, sample handling, and planning for upcoming work programs. The company is preparing for a planned tailings sampling program, currently expected to commence in August 2026, and is in the process of selecting a contractor for this program. Trinity One has selected a contractor to complete a planned drone magnetic survey at Silver-1, with mobilisation expected within the next fortnight. The company also announced that its common shares will commence trading on the OTC Basic Market under the ticker symbol "TOMXF" effective July 9, 2026, replacing the previous symbol "ARJNF". Trinity One adopted a new equity incentive plan, approved by shareholders at the Annual General and Special Meeting held on June 18, 2026, which supersedes the previous 10% rolling stock option plan and allows for the issuance of various share units. The aggregate number of common shares reserved for issuance in respect of restricted share units, performance share units, and deferred share units granted under the compensation plan will not exceed 6,723,487 common shares, representing 10% of the total number of issued and outstanding common shares.

Trinity One Metals Provides Operations Update on Silver-1 Mine and Victory Project

(TSXV: TOM) Trinity One Metals Ltd. provided an operations update on the Silver-1 Mine in Ecuador and Victory Project in Mongolia. The company has completed a three hole diamond drilling campaign at the Victory Project for a total of approximately 600 metres, with assay results pending. Initial samples of tailings from Silver-1 returned 132.82 g/t silver and 0.58 g/t gold, and 118.47 g/t silver and 0.50 g/t gold, while waste rock sampling returned results including 405.27 g/t silver and 3.07 g/t gold. Trinity One is preparing a systematic tailings drilling and sampling program at Silver-1, expected to commence July 2026, with a 15 metre by 15 metre grid comprising approximately 35 sampling points and generating approximately 350 samples. Community engagement is advancing, with the company targeting completion of the current engagement phase by the end of June 2026. The company has received approval for its basic environmental registry and has commenced further baseline registry processes. No mineral resource or mineral reserve has been established at Silver-1, and further systematic sampling, QA/QC, technical review and independent verification will be required.

Trinity One Metals Appoints Ecuador Country Manager and Local Team to Advance Silver-1 Mine

Trinity One Metals Ltd. (TSXV: TOM) announced the appointment of Edgar Pillajo as Ecuador Country Manager, effective immediately. The company has established a local Ecuador-based technical and community relations team to support the advancement of the Silver-1 Mine in southern Ecuador. Mr. Pillajo brings over four decades of experience in mineral exploration, environmental management, and mining development in Ecuador. Trinity One is advancing the Silver-1 Mine through a staged programme focused on technical verification, stakeholder engagement, environmental review, and systematic exploration planning. The company aims to build a portfolio of high growth projects with exposure to in-demand metals.