Regency Silver Corp. announced that 2 follow up holes down-dip from hole REG-22-01 (35.8 metres of 6.84 g/t gold, 0.88% copper and 21.82 g/t silver) intersect wide zones of gold and copper mineralization. REG-23-14 intersects 35.9m of 5.51 g/t Au including 29.4m of 6.32 g/t Au 25m down-dip from REG-22-01.

REG-23-15, which is 65m down-dip from Reg-23-14 and 90m down-dip fromReg-22-01 intersects 128.35m of 0.84 g/t Au including 57.95m of 1.49 g/t Au and 32.5m of 2.23 g/t Au. The ongoing follow up drill program began on January 15th. Seven holes have been completed to date totaling 4,250.85 m of drilling.

Six of the seven holes successfully intersect the target pyrite +/- specularite +/- chalcopyrite supported breccia zone that hosts Au-Cu mineralization. The eighth hole of the program, REG-23-20 is currently drilling and targeting 50m down dip from REG-23-19 on the section line 50m to the east of holes REG-22-01 and REG-23-13-15. The drilling is being funded by the proceeds of recently completed $2.5 million private placement and the exercise of broker warrants and drilling is expected to continue at Dios Padre for the foreseeable future.

Highlights of the program so far include: REG-23-14 intersected 35.9m of 5.,51m of 5.51 g-t Au including 29.4 m of 6.32 g/T Au starting at 454.4m downhole. REG-23-14 intercepts 95.5m of 0.2% Cu including 7.05m of 0.51% Cu from 314.9m downhole and 34.35m of 0.42% Cu including 12.05m of 0.98% Cu from 454.4m down hole. REG-23-15 intersects 128.35m the 0.84 g/t gold from 390.85 downhole including 57.95m of1.49 g/t Au.5m of 1.49g/t Au and 32.

5m of 2.23 g-t Au from 460.85m downhole. REG- 23-15 intersects 73.85m of 0.11% Cu from 317m downhole and 25.4m of 0.43% Cu including 16.25m of 0.53% Cu from 407.9m downhole. Six of the seven holes have successfully intersected the target pyrite +/- Specularite +/- chal copyrite supported breccia zones that hosts the targeted Au-Cu mineralization.

Geophysical Induced-Polarity (IP) survey confirms robust anomaly connecting near surface response from Dios Padre silver mine down-dip to current Au-Cu mineralization being targeted in ongoing drill program, outlining a 1,000m long by 900 m wide zone of strongly chargeable rock.