Reyna Silver TSXV:RSLV Stock Report

Reyna Silver Corp. announced that it has received CAD 5 million in funding

Reyna Silver Corp. Commences Exploration Program At Medicine Springs with over 5,000 Metres of Drilling Planned

Reyna Silver Corp. announce commencement of its 2022 exploration program on the 4,831 hectare Medicine Springs Project ("Medicine Springs") in Nevada. Medicine Springs is an 80% Earn-In from Northern Lights Resources and shows many of the earmarks of a significant Carbonate Replacement Deposit (CRD) similar to the Santa Eulalia District in Chihuahua Mexico which hosts Reyna's Guigui Project. 2022 Exploration Program Includes: Refining drilling targets based on on-going reevaluation of historic geological, geochemical, and geophysical data provided by Northern Lights and combining them with Reyna's Selective Jasperoid Sampling survey completed in January, which returned strong results for Silver, Lead, Zinc, and Copper, including over 1,000 g/t silver in two samples; Conducting additional field studies to fine-tune drill targets including in-fill Jasperoid sampling in the most anomalous areas; Permitting the upcoming campaign through the Bureau of Land Management (BLM) Notice of Intent (NOI) process; Organizing camp and drilling support logistics; and Undertaking a fully budgeted 5,000-7,000 m of drilling in H2, 2022. Medicine Springs hosts Carbonate Replacement Deposit (CRD) mineralization exposed at a very high level marked by a very well-developed swarm of multi-stage NE-SW trending jasperoid-barite veins that cut across the entire property. These veins are inferred to mark the principal hydrothermal fluid pathways, so earlier this year Reyna Silver conducted a Selective Jasperoid Sampling survey focused on them. The results show zoning of Copper, Lead-Zinc, and Silver and are interpreted to indicate a CRD mineralization center at depth. Historic data from Northern Lights for the property cover: small-scale early 20th Century mining; more contemporary shallow reverse-circulation and core drilling primarily focused on near-surface oxide targets; magnetics and CSAMT geophysics; and extensive rock chip and soil sampling. Comparison of the combined Northern Lights and Reyna field data to Reyna's CRD continuum exploration model supports the idea that the full CRD spectrum is present within the land position.

High number of new and inexperienced directors

There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. CFO, Corporate Secretary & Director Michael Wood is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.

Reyna Silver Corp. Discovers High-Grade Gold Zone in the Northeastern Part of Batopilas Project