Candelaria

Past-producing silver mine complex comprising the historic Mount Diablo and Northern Belle open pits, underground resources, and two historical heap leach pads (LP1 and LP2). Located in central-west Nevada just off Highway 95, serviced by paved road, power, and water. Property covers 8,246 hectares. Originally mined from the 1880s and later by open pit between 1980 and 1999 by operators including Kinross Gold; acquired 100% by Silver One in 2023 from SSR Mining. Pre-Feasibility Study (PFS) underway and expected by year-end 2026. Pilot testing planned using Extrakt/Bechtel non-cyanide leaching solutions which have shown potential to significantly improve silver recoveries over traditional cyanide leaching. Flagship project.