CMX Engages IBN

(TheNewswire)

Calgary, Alberta – TheNewswire - January 20, 2026 -- CMX Gold & SilverCorp. ("CMX" or the “Company”) (CSE: CXC; OTC: CXXMF)has expanded its marketing investor awareness program to informpotential investors about CMX and its Clayton Silver Project in Idaho,USA.  The Company signed a one-year Corporate CommunicationsAgreement with IBN, which was executedon December 31, 2025.  The duration of the agreement may be extendedby mutual agreement at the end of term.  IBN will operate as an independent contractor toCMX.  IBN’s base fee under the agreement is $3,000 USD per monthfor a one-year total of $36,000 USD.  Depending on the scope and typeof solutions provided by IBN, additional fees may be adjusted forsupplementary bolt on solutions. IBN’s office address is 1108 LavacaStreet, Suite 110-IBN, Austin, TX 78701 (512) 354-7000.

The Clayton SilverProperty

The Clayton Silver Project is CMX’s 100%-ownedflagship asset, located in the Bayhorse Mining District of centralIdaho, approximately 30–40 kilometers south-southwest of Challis. The property comprises a 1,028-acre land package, including 29patented mining claims and two patented mill sites (approximately 562acres) and 20 unpatented claims (approximately 466 acres).  Thepatented claims provide surface ownership rights, carry no governmentroyalties, and do not require drilling permits.

Beginning in spring 2026, CMX plans to conduct acomprehensive geophysical program over the historic mine andsurrounding structures, including a 3-D Direct Current InducedPolarization (DCIP) survey and a Magnetotelluric (MT) survey.  Thesesurveys are intended to delineate known structures, identifyextensions of partially mined ore bodies, and evaluate deeper sourcesof mineralization, with follow-up diamond drilling planned to testpriority targets.

The Clayton Silver Mine operated from 1935 to 1986 andwas one of the most active underground mines in the district. Recorded production totaled approximately 7.0 million ounces ofsilver, along with lead, zinc, copper, and minor gold, from anestimated 2.15 million tonnes of ore.  Underground developmentreached eight levels to 1,100 feet, with nearly 19,700 feet ofworkings, and partially mined two tabular ore bodies known as theSouth and North Ore Bodies. (Hillman, Bob, M.S. Thesis, June 26, 1986,Eastern Washington University).  Mine records and historical drillingindicate that mineralization remains open to depth and along strike. Notably, drill hole 1501-A intersected 22 feet of high-gradepolymetallic mineralization at approximately 1,425 feet, confirmingcontinuity below the deepest historic workings.  CMX has determinedthat little modern geophysical work or systematic exploration drillingwas conducted during the mine’s operating life.

Technical and scientific information in this newsrelease was reviewed and approved by Richard Walker, M.Sc. (Geology),P.Geo., recognized as a Qualified Person under the guidelines ofNational Instrument 43-101.  Mr. Walker is an independent consultinggeologist.  Readers are cautioned that historical informationreferenced in this news release is not NI 43-101 compliant but hasbeen obtained from sources that the Company believes arereliable.

The CSE has not reviewed and does notaccept responsibility for the adequacy or accuracy of this newsrelease.

For further information contact: Robert d’Artois,Investor Relations at (604) 329-0845 bobdartois@cmxgoldandsilver.com or JanM. Alston, President & C.E.O. at (403) 457-2697 janalston@cmxgoldandsilver.com.

You can also visit the Company’s Website:www.cmxgoldandsilver.com  

Cautionary Statement RegardingForward-Looking Information

Certain information contained in this news releaseconstitutes “forward-looking information” or “forward-lookingstatements” (collectively, “forward-looking information”).Without limiting the foregoing, such forward-looking informationincludes statements regarding the process and completion of theOffering, the use of proceeds of the Offering and any statementsregarding the Company’s business plans, expectations and objectives. In this news release, words such as “may”, “would”,“could”, “will”, “likely”, “believe”, “expect”,“anticipate”, “intend”, “plan”, “estimate” and similarwords and the negative form thereof are used to identifyforward-looking information.  Forward looking information should notbe read as guarantees of future performance or results, and will notnecessarily be accurate indications of whether, or the times at or bywhich, such future performance will be achieved.  Forward-lookinginformation is based on information available at the time and/or theCompany management’s good faith belief with respect to future eventsand is subject to known or unknown risks, uncertainties, assumptionsand other unpredictable factors, many of which are beyond theCompany’s control.  For additional information with respect tothese and other factors and assumptions underlying the forward-lookinginformation made in this news release, see the Company’s most recentManagement’s Discussion and Analysis and financial statements andother documents filed by the Company with the Canadian securitiescommissions and the discussion of risk factors set out therein.  Suchdocuments are available at www.sedarplus.ca under the Company’sprofile and on the Company’s website,https://cmxgoldandsilver.com/home.   The forward-looking informationset forth herein reflects the Company’s expectations as at the dateof this news release and is subject to change after such date. TheCompany disclaims any intention or obligation to update or revise any forward-looking information, whether asa result of new information, future events or otherwise, other than asrequired by law.

Copyright (c) 2026 TheNewswire - All rights reserved.