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Silverco Mining Announces Filing of Q2 2026 Financial Statements and MD & A and Provides Corporate Update Vancouver , British Columbia -- ( Newsfile Corp. - August 26 , 2026 ) - Silverco Mining Ltd. ( TSXV : SICO ) ( OTCQB : SICOF ) ( " Silverco " or the " Company " ) is pleased to announce that its unaudited condensed interim consolidated financial statements and accompanying management's discussion and analysis ( " MD & A " ) for the three and six months ended June 30 , 2026 have been filed and are available on SEDAR + at www.sedarplus.ca . Unless otherwise specified , all amounts are in Canadian dollars ( $ ) . Mark Ayranto , CEO of Silverco , commented : " During Q2 2026 , and to date , we have made significant progress at Cusi and La Negra . At Cusi we remain on track to deliver first concentrate in Q4 2026. At La Negra we have seen initial operating improvements and are making investments to allowthe mine to reach its 2,500 tonne per day nameplate capacity in H1 2027. The unwavering drive from the entire Silverco team will result in us exiting 2026 with two operating silver mines . " Executive Transition The Company also announced that Sean Fallis will be stepping down as Chief Financial Officer to spend more time with his family . To ensure a smooth transition , Mr. Fallis will continue full time with the Company until November 30 , 2026. Victoria Avila , Silverco's current Senior Vice President , Corporate Affairs and Finance , has been promoted and will assume the role of Chief Financial Officer effective September 30 , 2026 . Mr. Ayranto commented : " We want to express our sincere gratitude to Sean Fallis for his substantial efforts over the past year . Sean played a critical role in taking Silverco public , completing the acquisition of La Negra , and advancing the restart of Cusi . We are grateful for his commitment to ensuring a smooth transition and wish him all the best . We also congratulate Victoria Avila on her promotion to CFO . She brings a proven financial track record and extensive operational experience , including within Latin America , to the role . Her skillset directly aligns with Silverco's strategic focus to scale its mining operations and become a multi - asset silver producer by the end of 2026. " Key Highlights during Q2 2026 and to date include : La Negra Mine • On May 19 , 2026 , the Company completed the previously announced acquisition ( the " Transaction " ) of Nuevo Silver through the issuance of 16,802,283 common shares to former Nuevo shareholders , valued at $ 164,662,373 . Nuevo Silver , through its wholly owned subsidiary , holds a 100 % interest in the La Negra Mine in Querétaro , Mexico . This MD & A includes La Negra's operating and financial results from May 19 , 2026 to June 30 , 2026 ( the " Post - Acquisition Period " ) . • During the 43 - day Post - Acquisition Period , production at the La Negra Mine totaled 73,264 oz of silver , 457,848 lb of copper , 1,368,779 lb of zinc , and 141,644 lb of lead for a total of 158,259 silver equivalent ( " AgEq " ) ounces 1 . • La Negra's operations were classified as pre - commercial production , which is expected to