Mithril Silver and Gold Limited announced the appointment of James Barr, P.Geo., as Vice President, Exploration, effective 3 March 2026. Mr. Barr brings more than 20 years of international mineral exploration and mine development experience, with deep expertise in Mexicos epithermal gold-silver systems. Most recently, he served in senior leadership roles at SilverCrest Metals Inc., culminating as Interim Vice President, Exploration, where he played a key role in advancing and expanding the Las Chispas Mine in Sonora, Mexico. SilverCrest was acquired by Coeur Mining in February 2025 in a transaction valued at approximately USD 1.7 billion.

At SilverCrest, Mr. Barr was instrumental in driving mineral resource growth, leading mine geology and regional exploration teams, implementing rigorous QA/QC and data management protocols, and supporting corporate technical due diligence that contributed to the companys valuation and successful acquisition. He has had boots on the ground at dozens of projects and producing mines throughout Mexico, and previously acted as Project Manager and Qualified Person on several NI 43-101 technical studies within Mexicos Sierra Madre Occidental, including Santa Elena (leading into acquisition by First Majestic Silver in 2015) further strengthening his track record in advancing high-grade precious metals projects from discovery through production.Mr. Barr is a Registered Professional Geoscientist (British Columbia) and holds a Bachelor of Science (Honours) degree from the University of Waterloo. He has extensive working experience from projects located throughout Canada, United States, Africa and Europe in underground narrow-vein systems, open pit and heap leach operations, mineral resource estimation, technical reporting, and strategic exploration planning.

Mr. Barrs appointment strengthens Mithrils technical leadership as the Company continues to advance exploration across its Copalquin Gold-Silver District in Durango, Mexico, including ongoing drilling and regional target development.