TruSilver Metals Corp. has deepened two historic drill holes at the Sturgis-Walton Silver Project in Nova Scotia, recovering core that displays barite, siderite alteration and disseminated sulphides below previously tested depths.

Drill hole S68-5 was extended from its historic depth of 335 metres to 464 metres, while drill hole S70-1 was extended from 371 metres to 712 metres. Initial geological logging of the extended portions identified abundant barite, strongly sideritized carbonate and associated sulphide veinlets within the prospective geological horizon. In hole S70-1Ext, very fine-grained disseminated sulphides were logged repeatedly through core recovered between approximately 543 metres and 593 metres. The observed assemblage mirrors features found above the adjacent past-producing Walton Mine's silver mineralisation.

TruSilver has submitted 45 representative core samples from the extended holes to Activation Laboratories Ltd. in Ancaster, Ontario, for assay analysis, with results pending.

Abitibi Geophysics is scheduled to mobilize to the property this week to conduct downhole Gravilog gravity and borehole electromagnetic surveys in the extended drill holes. A refined ground audio-magnetotelluric survey by Advanced Geophysical Operations and Services is planned to follow the geophysical program to assist in defining targets for an upcoming drilling program.

TruSilver owns 100% of the 1,120-hectare Sturgis-Walton project across three exploration licences, holding a Crown Land exploration permit that remains valid until 2028.

Meanwhile, TruSilver shareholders approved a proposed Qualifying Transaction with Galaxy Ventures Inc. on August 4, 2026. Both companies are working to satisfy remaining conditions required to complete the transaction, for which the trading symbol "TAG" has been reserved subject to regulatory approvals.

Read the full announcement: Galaxy Ventures Inc.: TruSilver Deepens 1960s Holes to 712 Metres, Logs Sulphides Next to Past-Producing Walton Silver Mine