Canadian Silver Hunter Inc. Drill Permit Granted for Lost Dog Property, West Timmins, Ontario

Toronto, Ontario--(Newsfile Corp. - August 24, 2021) - Canadian Silver Hunter Inc. (TSXV: AGH.H) ("Canadian Silver Hunter" or the "Company") is pleased to announce that permitting has been approved for Company's planned drill program at the Lost Dog property in Denton Township west of Timmins, Ontario. Rock, soil and till sample assay results have also been received by the Company.

Results from the soil sample programs identified five clusters of anomalous values on the property. Anomalous values in gold, silver, copper, lead and zinc provided excellent targets for follow up work. Just over 500 samples were collected on the property. Highlights included analysis results of 112 ppb gold, 13 g/t (ppm) silver, and another sample that returned 416 ppm copper (CSH PR, February 09, 2021).

Past geophysical surveys have identified a consistent magnetic low that crosses the property associated with Induced Polarization chargeability anomalies. The magnetic low may be an expression of an extension or splay of the Destor Porcupine Fault that has been linked to numerous gold deposits in the prolific Timmins Gold Camp. Drill targets for the upcoming program will be identified using these geophysical and soil geochemical survey results.

Drilling on the Lost Dog property will commence in early September 2021.

The contents of this press release have been reviewed by Wayne Holmstead, P.Geo, Qualified Person as defined by National Instrument 43-101.

About Canadian Silver Hunter Inc.

Canadian Silver Hunter Inc. is a Canadian mineral exploration company focused on gold, silver and cobalt exploration in Ontario and Quebec. Canadian Silver Hunter currently owns three properties: the Silver-Centre property which includes the prolific past producing Keeley and Frontier mines, located near Cobalt, Ontario; the Lac Lachance property, located in the Windfall Lake area near Lebel sur Quevillon, Quebec; the Dark Horse and Whitesides property located near West Timmins, Ontario, and has an option to acquire a 100% interest in the Lost Dog property, located near Timmins, Ontario.

For further details about Canadian Silver Hunter's projects, plans and results please visit Canadian Silver Hunter Inc. website at www.canadiansilverhunter.ca^[1].

For more information please contact:Jeffrey HunterPresident & CEO(416) 707-4230jhunter@cshi.ca^[2]

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward-Looking Information

Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and commodity prices. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94210^[3]

References

1. ^{^} www.canadiansilverhunter.ca (www.newsfilecorp.com)
2. ^{^} jhunter@cshi.ca (www.newsfilecorp.com)
3. ^{^} https://www.newsfilecorp.com/release/94210 (www.newsfilecorp.com)