Announcement • Apr 08
Highlander Silver Corp. Commences Drilling At Corani Silver Project and Provides Portfolio Update Highlander Silver Corp. is providing a portfolio update following the successful completion of its combination with Bear Creek Mining. Corani Silver Project – Puno, Peru: Exploration: The Company will provide a standalone exploration update later this quarter that includes early results from the exploration programs listed below:First-ever airborne magnetic survey totaling 620 line km, covering the majority of the land package completed54 km of planned 60 km induced polarization survey completed, with program expanded to 96 km to cover additional potential extensions interpreted from resultsFirst exploration drilling program in over a decade is now underway with the first of four planned rigs targeting high-impact exploration, resource growth, infill and oxide drilling, as well as technical drilling to support optimization studies Site Preparation and De-risking Earthworks for internal roads and platforms commencedCamp and facility improvements underwayLong-lead-time equipment orders will be placed in late Q2/26Substation construction underway, with powerline to commence in late Q2/26Access road rehabilitation underway, with new road construction to commence in late Q2/26 Studies, Consultants and Contractors Updated Feasibility Study based on staged-development approach completed by the end of Q3/26 aiming to maximize returns on a per share basis while mitigating capital expenditure, funding, timeline and execution risksRespected international and specialist-Peruvian consultants and contractors appointed for the majority of the main work packages, with further appointments to follow: Resource, reserves and mine planning — MINSYS Mining SystemsProcessing plant and infrastructure — Ausenco EngineeringContractors — ApuCorp, Xplomine and CumbrEx. Announcement • Apr 04
Highlander Silver Corp., Annual General Meeting, Jun 25, 2026 Highlander Silver Corp., Annual General Meeting, Jun 25, 2026. New Risk • Mar 24
New major risk - Revenue and earnings growth Earnings have declined by 50% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Revenue is less than US$1m. 
