CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF) Sees Important Geological Indicators for Advancing Clayton Silver Project Exploration

Disseminated on behalf of CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF) and may include paid advertising.

• CMX Gold & Silver Corp., an exploration-stage company advancing the historic Clayton Silver Mine in Idaho, sees compelling prospects for unexplored areas of the project, magnified by the growing value of silver
• According to J.P. Morgan Global Research, silver prices are projected to average $81/oz in 2026, double their average in 2025, encouraging aggressive exploration of the historically productive but largely unexplored site
• In January 2026, the company commenced a non-brokered private placement financing for aggregate gross proceeds of up to CAN$2,000,000

CMX Gold & Silver (CSE: CXC) (OTC: CXXMF), an exploration-stage company advancing the historic Clayton Silver Mine in Idaho, recognizes that global demand and geopolitical factors are further boosting silver prices. To capitalize on this growth, the company is moving forward with the exploration of its flagship Clayton Silver project in Idaho, a 1,028-acre property with 29 patented mining claims, 2 patented mill sites, and 20 unpatented claims (https://nnw.fm/b54eH).

The mine once ranked as the most active underground mine in the district, producing silver, along with lead, zinc, minor gold, and copper (https://nnw.fm/qAQMt). However, the Clayton mine was never fully explored. It was only mined along a single vein because no more ore was needed for the small mill operation. But the site represents a dolomite limestone deposit, uplifted when the mountains were formed. Geology suggests a high probability that there are other undiscovered cracks in the overall deposit, cracks into which geothermal fluids would have flowed and deposited minerals, just as they were in the original producing vein. As a result, the company sees it as highly improbable that the single partially mined vein was the only silver vein there.

Today, despite the typical ups and downs of mineral prices, the surge in silver prices, along with the property’s promising geology and history, is driving the company’s Clayton Silver Mine activity. According to J.P. Morgan Global Research, silver prices rose by over 130% in 2025, primarily driven by industrial demand along with uncertainty over tariff regulations and global economic pressures on currencies. According to the research conducted, silver prices are expected to average $81/oz in 2026, double their average in 2025 (https://nnw.fm/JTe8F).

Given silver’s critical role in multiple industrial processes, along with international economic stresses on currencies, silver demand is expected to continue rising longer-term, exacerbating a large structural supply deficit. Today, industrial applications account for greater than 60% of total demand, with requirements relentlessly increasing for solar panels, AI buildout and military applications (missiles, etc.). All of this places CMX in a strong position for financing an impactful exploration program.

In January 2026, the company announced a non-brokered private placement financing for aggregate gross proceeds of up to CAN$2,000,000. The proceeds are for a geophysical survey and an initial diamond-drilling program on the property, bringing life to a mine that was never fully explored (https://nnw.fm/t8Xjl).

The company is off to a great start in 2026 and is on track to have its best year yet.

For company information, visit the company’s website at www.CMXGoldandSilver.com.

NOTE TO INVESTORS: The latest news and updates relating to CXXMF are available in the company’s newsroom at https://nnw.fm/CXXMF

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