Silver Storm Mining: Restarting La Parrilla and Unlocking Mexican Silver Potential

Jurisdiction

Silver Storm’s flagship assets are in Durango, Mexico: a long‑established, mining‑friendly jurisdiction with road access, grid power and supportive communities. The company acquired the La Parrilla silver complex in August 2023 and owns it 100%. Durango’s mature mining infrastructure allows for relatively straightforward permitting and logistics compared with more remote projects.

Project Portfolio and Growth Platform

Silver Storm is developing a two‑asset platform anchored by the La Parrilla complex and the San Diego project. La Parrilla encompasses 40 contiguous concessions (38,128 ha) and hosts a 2,000 t/d plant (a 1,000 t/d flotation circuit plus a 1,000 t/d cyanide‑leach circuit) capable of producing doré and base‑metal concentrates. San Diego is a 92‑ha property 75 km from Torreón with road access and power; it is wholly owned, subject to a 2% NSR. More than 33,000 m of drilling have delineated 23 mineralised zones at San Diego, providing long‑term optionality and potential feed for La Parrilla.

La Parrilla Complex – Durango, Mexico

From 2005 to 2019, La Parrilla produced 34.3 million silver‑equivalent ounces. The complex includes five underground mines and the Quebradillas open pit, all within haulage distance of the mill. In February 2025 the company announced a 107 % increase in measured and indicated resources (to 10.8 Moz AgEq) and a 58 % increase in inferred resources (to 16.3 Moz AgEq). Recent Phase‑1 drilling has yielded high‑grade intercepts such as 650 g/t AgEq over 7.14 m and 500 g/t AgEq over 14.8 m in the C1524 zone, highlighting the potential to expand resources at depth.

San Diego Project – Durango, Mexico

Located in the Velardeña district, San Diego hosts polymetallic veins, mantos and skarn zones typical of northern Mexico’s epithermal deposits. Historical drilling and a 2013 resource estimate suggest substantial scale, and a recent research note attributes approximately 200 million silver‑equivalent ounces to the project. The property benefits from road access and proximity to mining infrastructure, and management sees potential to truck high‑grade San Diego ore to La Parrilla’s plant once operations resume.

Grade, Scale and Discovery Potential

La Parrilla’s updated resource and high‑grade drilling results indicate both scale and grade potential. Hole CAN0034 from the C1524 zone returned 650 g/t AgEq over 7.14 m (including 1,251 g/t AgEq over 1.51 m) within a broader interval of 500 g/t AgEq over 14.8 m. Resource growth has been driven by modelling 23 additional mineralised structures and demonstrates that previously mined zones remain open at depth. San Diego’s 23 mineralised zones, combined with the possibility of high‑grade “blow‑outs” where veins intersect, provide significant exploration upside.

Infrastructure and Access

A key differentiator for Silver Storm is its existing infrastructure. La Parrilla’s mill includes both flotation and cyanidation circuits, enabling the company to process sulphide and oxide ores. The property has access roads, power and water, and previously developed stopes and stockpiles are available for immediate feed. San Diego is similarly accessible via gravel road from a four‑lane highway, and its proximity allows potential ore haulage to La Parrilla.

Leadership and Strategy

CEO Greg McKenzie, a former senior investment banker with more than 20 years’ experience in financing and M&A, leads Silver Storm’s restart strategy. The company plans to resume underground mining at La Parrilla in Q4 2025 and estimates startup capital of about US$15 million, which it intends to fund through concentrate off‑take agreements and modest debt. In July 2025 Silver Storm closed a C$4.0 million non‑brokered financing, with proceeds earmarked for flotation cells, plant rehabilitation and long‑lead mining equipment; it has also received non‑binding debt‑plus‑offtake proposals of C$15–17 million. A court‑approved acquisition of Till Capital in July 2025 provides additional liquidity and a portfolio of royalties.

Near‑Term Catalysts

• Completion of NI 43-101 technical report and mine restart plan.

• Securing concentrate off‑take and debt financing to cover startup capital.

• Refurbishment of the La Parrilla mill and procurement of long‑lead equipment using proceeds from the recent financing.

• Exploration and resource expansion drilling at La Parrilla and San Diego.

• Permitting and community engagement ahead of the planned Q4 2025 restart.

  
  

Conclusion

Silver Storm Mining offers investors leveraged exposure to the silver market through a near‑term restart of a past‑producing complex with significant infrastructure in place. The company’s La Parrilla and San Diego projects provide scale, grade and exploration upside, while existing processing facilities and road access reduce development risk. Backed by experienced leadership and recent financings, Silver Storm is positioned to become a mid‑tier silver producer in a robust demand environment driven by industrial and clean‑energy uses.

Interested in Attending or Presenting?

🔹 Prospective Attendees: Click here to join our upcoming investor events and discover emerging opportunities across the resource, biotech, and technology sectors.

🔹 Companies Seeking Exposure: Click here to learn how to present at one of our curated investor showcases and connect with active family offices, funds, and high-net-worth investors.

For additional info or to schedule a call, feel free to reach out.

Jimmy Lederer

Vice President

Trinity Financing Investments Corporation

Phone: 347-514-0000

Email: jimmy@trinityfinancinginvestments.com

All content provided is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect to any products or services. The content presented should not be used as the basis for any investment decision, and does not purport to provide any legal, tax or accounting advice. There are inherent risks involved with investing in Issuers, as set out in the public disclosure record of each Issuer. Issuers are not responsible for revising or updating any information that they present via TFIC events.

Investors should refer to the continuous disclosure documents filed by each Issuer under applicable securities laws, including risk factors and warnings regarding “forward looking information”. Issuers are solely responsible for compliance with applicable securities laws, and TFIC makes no representations and provides no assurances to Investors regarding the accuracy or truthfulness of information presented by Issuers via TFIC events or in their public disclosure records. 

TFIC does not recommend or endorse any Issuer that presents via TFIC events, nor does TFIC verify the accuracy of any information presented by Issuers to Investors via TFIC events or in their public disclosure records. TFIC’s sole responsibility as the operator of TFIC events is to provide a platform for Investors and Issuers to communicate directly.

ALL CONTENT PRESENTED BY ISSUER(S) IS PROVIDED BY THE ISSUER(S) "AS IS" AND “AS AVAILABLE”. TFIC DOES NOT GUARANTEE THE ACCURACY OF ITS CONTENT. BY ATTENDING, EACH INVESTOR AGREES TO ACCEPT ANY RISKS ASSOCIATED AND ACKNOWLEDGES THAT TFIC IS NOT RESPONSIBLE FOR ANY CONTENT PRESENTED BY OR RELATING TO ISSUERS ON THE PLATFORM. 

TFIC DOES NOT WARRANT THAT THE PROVISION OF INFORMATION BY ISSUERS IN THEIR PRESENTATION WILL BE ERROR-FREE, TIMELY, COMPLETE OR ACCURATE. ATTENDANCE AND RELIANCE ON INFORMATION RECIEVED THEREON IS AT INVESTOR’S SOLE RISK. TFIC WILL NOT BE IN ANY WAY BE LIABLE TO ANY INVESTOR OR ISSUER OR ANY OTHER ENTITY OR PERSON FOR ANY INACCURACIES, ERRORS, OMISSIONS, DELAYS, DAMAGES, CLAIMS, LIABILITIES OR LOSSES, REGARDLESS OF CAUSE, IN OR ARISING FROM THE USE OF THE PLATFORM.

IN NO EVENT WILL TFIC BE LIABLE FOR ANY DAMAGES, INCLUDING WITHOUT LIMITATION DIRECT OR INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES ARISING IN CONNECTION WITH THE ATTENDANCE BY INVESTORS AND/OR ISSUERS EVEN IF TFIC IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, LOSSES OR EXPENSES. FURTHER, TFIC SHALL NOT BE LIABLE IN ANY MANNER FOR THE PRODUCT OR SERVICES OF ANYONE WHO REDISTRIBUTES THE INFORMATION PROVIDED ON THE PLATFORM, AND SUCH REDISTRIBUTION IS EXPRESSLY PROHIBITED.