First Andes Silver Receives Community Agreements for Santas Gloria Drill Program, Peru

Vancouver, British Columbia--(Newsfile Corp. - April 20, 2026) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTCID FASLF) (FSE: 9TZ0) ("First Andes" or the "Company") is pleased to announce that it has received all required Community Agreements (the "Agreements") to support the Company's planned 2026 drill program at its 100%-owned Santas Gloria Project ("Santas Gloria" or the "Project"), located approximately 55 kilometres east of Lima, Peru Key Points Summary Notarized Agreements with two communities adjacent to Santas Gloria, providing surface access and land use rights for the planned 2026 drill program; Comunidad Campesina de San Andrés de Tupicocha Agreement is valid until July 2028, and the Comunidad Campesina de Concha Agreement is valid until February 2028; First Andes maintains strong relations and local support for ongoing and future exploration initiatives with the communities' leadership and members; Marks a major step forward in the permitting process, which has now progressed to environmental baseline studies and the subsequent Ficha Técnica Ambiental ("FTA") submission; Final drill permits anticipated in approximately 3-4 months.