Nevada Silver Corporation announced the commencement of drill testing six priority targets at the Company's 100% owned Belmont Silver Project in Nevada, USA. Six diamond drill holes will test specific sulfide zones within a large "elephant' anomaly which was recently identified by Induced Polarization (IP) and Resistivity geophysical surveys completed in May (Refer NSC news release dated 15th June 2022). NSC's exploration is the first significant mineral assessment of one of the earliest and richest silver mining camps in the Tonopah district.

The six drill holes will test zones of alteration, quartz veins/silicification and sulfides associated with silver mineralization beneath and along-trend from the historic silver mines at the abandoned Belmont silver mining camp, located 15 kilometers south of the Company's Corcoran silver-gold deposit and 72 kilometers northeast of Tonopah in central Nevada. Falcon Drilling Inc. (Carson City, NV) has commenced drilling at the first drill site (BSD001) and is expected to take 4 to 5 weeks to complete the diamond drilling program.