Highlander Silver Reports Record Results and New Discovery: 23.9m at 20.82 g/t Gold and 31.53 g/t Silver and 23.4m at 11.70 g/t Gold and 26.10 g/t Silver in Shallow Drilling TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Highlander Silver Corp. (TSX: HSLV; “ Highlander Silver ” or the “ Company ”) is pleased to report exceptional assay results from shallow drilling at its expanding Bonita vein system. These results include the highest grades reported to date and the discovery of a new zone in step-out drilling over 200m northwest of prior holes along trend. The Bonita vein system is exposed along a ridgeline approximately 10km to the south of the bonanza grade Ayelen deposit at the San Luis gold-silver project in Central Peru. Highlights are listed below, with corresponding images in Figures 1-2 and detailed results in Tables 1-2. Highlights BOD-025 returned 27.0m of 5.28 grams per tonne (“g/t”) gold (“Au”) and 52.97 g/t silver (“Ag”) from near surface at 2.3m downhole, marking the discovery of the Urpicha zone over 200m northwest of the nearest hole in BOD-003 (14.5m of 3.70 g/t Au and 17.47 g/t Ag from 25.7m depth – see press release dated July 29, 2025) The Urpicha discovery confirms the potential of the Bonita vein system to host strong mineralization near surface to the northwest of prior drilling where multiple parallel structures remain to be tested and the zone remains open along strike BOD-023 tested the Kusy zone and intersected one of the broadest continuous intervals of near surface high grade mineralization reported to date, with 23.9m of 20.82 g/t Au and 31.53 g/t Ag returned from 21.0m downhole, in a hole oriented to the south of previously reported BOD-021 (23.6m of 15.56 g/t Au and 74.49 g/t Ag from 8.8m depth – see press release dated October 6, 2025) BOD-022, also testing the Kusy zone, returned 23.4m of 11.70 g/t Au and 26.10 g/t Ag from 13.5m downhole from a platform to the southeast of BOD-019 (7.4m of 8.10 g/t Au and 6.55 g/t Ag from 48.4m depth – see press release dated October 6, 2025) The Company is incorporating the results of Phase I, including the assay results of the drilling to-date, processing and analyzing the drone-based geophysical survey to identify permissive structural features across more than 5,000 hectares encompassing the outcropping Bonita vein system and its potential extensions, and integrating the latest drilling, mapping, soil and channel sampling results to design the optimal drilling campaign for Phase II Preliminary results have revealed several zones exhibiting structural patterns and geophysical signatures analogous to those hosting mineralization tested by recent drilling, with newly identified targets to the west under cover, to the east, and along strike – complete analysis is expected to be available in the New Year Figure 1 – Plan View of Bonita Vein System Figure 2 – Image of Core from BOD-025 (22.6m to 25.6m) Note: Portion of high grade interval displaying silicified breccia and veinlets in andesite. Table 1 – Assay Results Hole ID From (m) To (m) Interval (m) Au (g/t) Ag (g/t) BOD-022 13.5 36.9 23.4 11.70 26.10 BOD-023 21.0 44.9 23.9 20.82 31.53 BOD-024 42.8 49.2 6.4 1.06 2.66 BOD-025 2.3 29.2 27.0 5.28 52.97 and 107.4 111.7 4.3 3.01 10.00 and 134.0 137.0 3.0 6.80 30.51 Note: Reported intervals are apparent widths as the full geometry of the mineralized structures has not yet been fully modelled. Assays were not capped, and composite intervals are calculated using a minimum weighted average of 0.5 g/t Au, over a minimum core length of 2m, allowing internal dilution. Table 2 – Collar Locations Hole ID Easting (m) Northing (m) Elevation (m) Depth (m) Azimuth (°) Dip (°) BOD-022 188029 8953820 3995 83.5 45 -40 BOD-023 188029 8953819 3995 78.0 120 -35 BOD-024 188006 8953861 3996 90.0 80 -35 BOD-025 187824 8953953 3955 152.5 65 -35 Technical Information and Quality Control / Quality Assurance All drilling was completed with HQ core. The drill core is split in half using a diamond saw. Core is logged by the Company’s geologist on site who outlines the intervals to be sampled. The maximum sample length is 1.5 meters and lengths are adjusted according to lithological and/or mineralogical contacts. After sawing, one-half of the core is kept on site in core boxes, and the other half is submitted for analysis. Individual sample bags are sealed and placed into larger bags, which are then sealed and marked with the contents. Samples are transported by Highlander Silver personnel to ALS Peru S.A. (“ ALS ”) located in Lima, Peru, where they are prepared and analyzed. ALS is independent of the Company. In ALS, the entire sample is crushed to approximately 80% passing through a 2mm sieve. A 500 g fraction is pulverized. Gold concentration is determined by fire assay of a 30-gram charge with an AA finish (Au-AA23). Silver, lead, copper, and zinc, along with other elements, are analyzed by ICP utilizing a four-acid digestion (ME-ICP61). Over-limit samples for Au (10 g/t