Aftermath Silver Ltd. provided an update on the metallurgical test work program planned using composite samples of silver-copper-manganese mineralization from the Berenguela project in Puno province, southern Peru. The test program will be performed by Kappes Cassiday and Associates at their facility in Reno, Nevada. KCA will be building on their previous metallurgical work carried out on behalf of Silver Standard Mining which was completed in 2010.

To date, substantial metallurgical test work has been carried out principally by KCA who conducted a bulk sampling program in 1995. This sample was processed at KCA laboratories from1995 to 1999 and later used for KCA test work in 2010 to 2011 on behalf of Silver Standard. Multiple routes for processing Berenguela mineralisation have been studied, as reported in the 2023 NI43-101 report "Berenguela Mineral Resource Estimate NI 43-101 Aftermath Silver Ltd. Province of Lampa, Department of Puno, Peru" which is available on Aftermath's website: https://tinyurl.com/yc5e89ex The objective of the proposed 2023 program, which will complement prior metallurgical test work, is to refine the flowsheet routes and to outline approximate the plant costs for a planned preliminary economic analysis ("PEA") to be completed in 2024.

Test work will be performed individually or on blends of up to 16 bulk composite samples currently being prepared at Aftermath's core facility in Arequipa, Peru. The planned test work will include: Upgrading of low-grade mineralization by ore-sorting to discard carbonate waste rock; Pressure filtration tests; Creation of a standard solution for subsequent processing steps; Tests to determine the removal of iron from primary leach solution; Leach tests to determine the conditions (oxidation, cyanide level and consumption, leach time) required for optimum silver recovery; Solvent extraction /electrowinning tests for recovery of copper from the primary leach solution; Sulfide precipitation and recovery of zinc; Characterization of purified solution to identify other trace impurities and remove them if necessary; Manganese sulphate crystallization processes and preparation of Mn sulphate to send to outside groups for evaluation; Electrowinning tests to assess possible production of Chemical Grade Manganese Dioxide (CMD) or Battery Grade Electrolytic Manganese Dioxide (EMD). The first bulk sample material has been shipped from Aftermath's core facility Arequipa and laboratory test work is expected to commence shortly.