Reyna Silver Drills Multiple New Native Silver Veins at Batopilas including 9 m at 616 g/t Silver

VANCOUVER, BC and HONG KONG, CHINA / ACCESSWIRE / September 6, 2023 / Reyna Silver Corp. (TSXV:RSLV)(OTCQX:RSNVF)(FRA:4ZC) ("Reyna'' or the "Company") is pleased to report multiple, near-surface, high-grade, native silver-bearing intercepts in three of the initial holes of its 2023 Batopilas Drilling Campaign. Intercepts include Reyna Silver's widest to date (BA23-58: 9 m of 616 g/t Silver within 30 m of 218 g/t Ag) and the discovery of a new, blind Native Silver vein reporting 6,440 g/t Silver across 0.2 metres (BA23-57). The holes were drilled in the historic Silver Zone on the district's west side. Following the end of the rainy season, drilling is expected to resume in both this area and the recently discovered Gold-Silver Zone on the district's east side.

The targets reported here resulted from a year-long systematic geological re-evaluation of the district, including mapping, sampling, structural, and geophysical studies (See Press Release from June 29, 2023) triggered by Reyna's 2022 discovery of significant gold (See Press Release from April 12, 2022). Gold was previously unknown at Batopilas, famous as Mexico's richest Native Silver District, historically producing over 300 Moz of Silver with an average grade of 1,500 g/t Silver.

Highlights from the initial 2023 Batopilas Drilling Campaign (See Table 1).

• Hole BA23-58 cut 9 m of 616 g/t Silver within an overall structure of 30 m width running 218 g/t Silver, including 1.4 m of 1,405 g/t Silver (See Table 2).
• Hole BA23-57 hit a new Native Silver vein grading 6,440 g/t Silver across 0.2 metres in a blind structure between the historically important Escritorio and Todos Los Santos veins. There were also multiple additional intercepts on the way to the new vein (See Drill Results Explanation below and Figure 3).
• Hole BA23-60 cut 0.8 m grading 1,342 g/t Silver 65 m above the Escritorio Vein.

"We are delighted that the time and effort spent over the past year on the sampling program, structural studies, and geophysics has paid off with these high-grade silver discoveries," said Jorge Ramiro Monroy, CEO of Reyna Silver. "Cutting new native silver structures -including one reporting 9 metres of over 600 g/t Silver- shows that a disciplined, district-scale approach to exploration can lead to discovery. Going forward our team will test this model against our upcoming drill targets in our campaign to search for the silver and gold veins of Batopilas."