Blende Silver Engages Ronacher McKenzie Geoscience to Advance District-Scale Interpretation and Targeting Following Promising 3D IP Survey Results at Flagship Yukon Project

(TheNewswire)

April 27, 2026 – TheNewswire -Vancouver, Canada – Blende Silver Corp.(the “Company”) (TSX.V: BAG) (OTC: BAGGF) (WKN: A2QKT9) (FSE:BCW1) is pleased to announce that it has engaged Ronacher McKenzie Geoscience Inc.(“RMG”), a leading Canadian geoscienceconsulting firm, to complete an integrated geological, geochemical,and geophysical interpretation and targeting program at its 100%-ownedBlende Silver-Zinc-Lead Project in north-central Yukon.

The engagement is driven by compelling initial resultsfrom an in-house desktop review of a 3D induced polarization (IP)survey completed over a portion of the project. The survey wasdesigned to calibrate the geophysical signature over the known WestZone mineralization (the anchor of the Company’s existing mineralresource) and to test for potential extensions and new targets acrossa broader portion of the property, including the ~2 km “CentralZone” gap between the West Zone and East Zone deposits, as well asareas to the north of the West and Central Zones.

Key observations from the initialplot-up and inversion of the 3D IP data include:

• Strong correlation between the IP chargeability response over the West Zone andthe known silver-zinc-lead mineralization, providing a reliablecalibration benchmark for the property. 

• Identification of multiple significantly larger-scaleuntested chargeability anomalies, notably in the Lower Central Zoneand New Mountain Top areas. These anomalies appear to be several times larger than the chargeability response associated with the definedWest Zone mineralization. 

• The Lower Central Zone anomaly and the New Mountain Topanomaly both extend to the edges of the surveyed grid, suggestingpotential for greater extent beyond current coverage. 

• Historical drilling in the Central Zone (13 holesdrilled along and down the spine of the ridge toward the East Zone)appears, based on the initial inversion data review, to have beenpositioned between two distinct chargeability anomalies (the LowerCentral and Backside Central Zone anomalies) rather than directlytesting the strongest responses. 

These findings suggest the potential for greater systemscale and continuity than previously recognized, including possibleextensions of mineralization from the West Zone through the CentralZone area toward the East Zone, as well as additional mineralizedzones across the district-scale property.

“Blende already hosts the largest carbonate-hostedsilver-zinc-lead deposit in the Yukon (M.Robinson and C.I. Godwin, Economic Geology, 1995)with a substantial existing mineral resource,” commentedAndrew H. Rees, President andCEO. “The 3D IP survey appears to havedelivered a clear calibration at the West Zone while revealingmultiple untested chargeability anomalies in the Lower Central and NewMountain Top areas that are notably larger in scale than the West Zoneresponse. This is a significant development that warrants expertinterpretation.”

“We engaged RMG to integrate all available datasetsand propose robust targets. Their work will help us better understandmineralization controls, assess potential continuity between theknown zones, and prioritize technicallysupported targets for future exploration. We view this as a major stepforward in unlocking the district-scale potential of the BlendeProject.”

RMG’s Mandate

RMG will compile and integrate the Company’shistorical geological, geochemical, and drilling data with the new 3DIP results. The program includes geophysical quality control,integrated 3D interpretation, and the identification of high-prioritytargets. Deliverables will include a 3D data workspace, technicalreport, and presentation. The work is expected to be completed withinapproximately eight weeks.

Project Context and Mineral ResourceBase

The Blende Project hosts the largest carbonate-hostedsilver-zinc-lead deposit in the Yukon. A 2021 mineral resourceestimate (prepared in accordance with National Instrument 43-101 at a1.5% ZnEq cutoff) outlines a substantial silver-zinc-leadsystem:

2021 Mineral Resource Estimate (1.5%ZnEq cutoff)

Note: ZnEq grades calculated usingmetal prices and recoveries applied at time of estimate. See CompanyNews Release dated May 20, 2021 for full details.

Historical exploration defined the East and West Zones,two primary mineralized zones approximately two kilometers apart alonga >6km corridor. The new 3D IP data provides important new contextfor evaluating potential continuity and the overall scale of themineralized system.

Next Steps

With permitting progress advancing and high-quality 3Dgeophysical data in hand, the Company is well positioned to advancesystematic exploration. The integrated interpretation from RMG willguide future programs, including the potential to update the mineralresource estimate to reflect current commodity prices and newexploration results.

Qualified Person

The technical information in this news release has beenreviewed and approved by Dr. Sarah Palmer, P.Geo., an independentconsultant commissioned by the Company, who is a Qualified Person asdefined by National Instrument 43-101 Standards of Disclosure forMineral Projects.

About Blende Silver Corp.

Blende Silver Corp. is a Vancouver-based juniorresource company focused on silver-zinc-lead exploration anddevelopment at its flagship Blende Project in north-central Yukon. The100% owned property is the largest carbonate-hosted Ag-Zn-Pb depositin Yukon and one of the largest undeveloped carbonate-hosted Ag-Zn-Pbdeposits in Western Canada. The property covers 5,345 hectares, iswinter road accessible, and is located approximately 63 km northeastof Keno Hill, Yukon.

The Blende property lies within the Keno Hill silverdistrict, one of Canada’s highest-grade historic silver producingdistricts, currently being advanced by Hecla Mining Company. Theproperty has undergone more than $9.2 million in past exploration($5.2 million by Blende Silver), including 25,195 meters of drillingin 132 drill holes. A current review of historical and recent data acquisition has demonstrated extensive potentialto increase the mineralized envelope to the west, north andeast-southeast of the project.

On behalf of the Board of Directors

“Andrew H. Rees”

Andrew H. Rees

President & CEO

For further information, please contact:

Andrew H. Rees, President &CEO

Tel: 604-669-6463

NEITHER TSX VENTURE EXCHANGE NOR ITSREGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIESOF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACYOR ACCURACY OF THIS RELEASE.

This news release contains forward-looking statementsand forward-looking information within the meaning of applicableCanadian securities legislation. Forward-looking statements include,but are not limited to, statements regarding exploration results,interpretations, targets, future work programs, potential mineralresource updates, and the Company’s plans and expectations. Thesestatements are based on assumptions management believes to bereasonable and are subject to known and unknown risks, uncertainties,and other factors, including risks related to mineral exploration anddevelopment, that may cause actual results to differ materially fromthose expressed or implied. Readers are cautioned not to place unduereliance on forward-looking information. Except as required byapplicable securities legislation, the Company undertakes noobligation to publicly update or revise any forward-lookingstatements, whether as a result of new information, future events, orotherwise.

Mineral resources that are not mineral reserves do nothave demonstrated economic viability. Inferred mineral resources areconsidered too speculative geologically to have economicconsiderations applied to them, and there is no certainty that all orany part of such resources will ever be upgraded to a highercategory.

Copyright (c) 2026 TheNewswire - All rights reserved.