FAIRVIEW OLIVER PROPERTY, BRITISH COLUMBIA, CANADA

Feb. 26, 2015

VANCOUVER, CANADA, February 26, 2015, — Hi Ho Silver Resources Inc. (“Hi Ho”) or the “Company” (CSE:HHS) is pleased to announce that it has acquired an undivided 100%

interest in an additional ten (10 ) mineral tenures comprising 760.1 hectares located in Southern British Columbia, Canada, and referred to as the Fairview Oliver Property (the “Property”), pursuant to a property purchase agreement dated February 24, 2015 with Turnagain Resources Inc. and 0998601 B.C. Ltd (the “Vendors”).

In consideration of the 100% interest in the additional claims, the Company issued a total of 3,000,000 common shares at a deemed price of $0.05 per share. The shares have a hold period through June 24, 2015.

The additional claims are added to the Company’s Fairview Oliver Property, located adjacent to the town of Oliver, BC. The total land position now totals 1584.4 hectares. The additional land consolidates the property for exploration and development purposes, and provides potential building sites.

There will be no net smelter return royalty (NSR) retained by the property vendors.

The Fairview Oliver property contains an inferred mineral resource of 334,000 tonnes averaging 2.9 g/t gold, and 17.9 g/t silver based on a cut-off grade of 1.0 g/t gold (Press Release June 24, 2013). The Company is planning to undertake a bulk sample test on the deposit , and has obtained a permit for that program.

The reader is cautioned that this property is in the exploration stage, and that while a mineral resource is known on the property, there can be no assurance that additional work will result in the advancement of this resource to a mineral reserve.

Case Lewis, P Geo, an independent Qualified Person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

For additional information on Hi Ho Silver Resources Inc., please contact: Dennis McKnight

President and CEO

Hi Ho Silver Resources Inc. C.778-868-9424

Email: dennis@hihoresources.com

Website: www.hihoresources.com

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document. Company information can be viewed here: www.CNSX.ca. Note: further information regarding the Company can be found on SEDAR at www.sedar.com.