Slide 1: A Pure Silver Company - El Quevar Project
A Pure Silver Company El Quevar Project DECEMBER 22 , 2025 TSX.V: AGAG - OTCQX: AGAGF - FRA: T1K
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain forward -looking statements that are not historical facts . Forward Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future econom
Slide 3: Message from the CEO
Latin America is home to s ome of the mos t s ignificant s ilver depos its on the planet, a legacy from nature, forged by extraordinary, powerful, and enduring geo- logical events that s haped the region millions of years ago, leaving behind an enormous wealth of untapped s ilver for the future. Our
Slide 4: The Right Silver Opportunity
The Right Silver Opportunity For 40 years , I’ve dreamed of building a pure s ilver company in Latin America. Exceptional pure s ilver as s ets are incredibly rare, and when the El Quevar opportunity pres ented its elf, I knew ins tantly—this is it. We have a clear vis ion to s cale this into a much
Slide 5: TSX.V: AGAG argentas ilver.com
TSX.V: AGAG argentas ilver.com 5
Slide 6: Company Timeline - 10X Market Cap
10X MARKET CAP Company growth in less than 1 year Timeline C$150M RETURN ON INVESTMENT C$100M C$50M C$0M
Slide 7: Company Timeline - Superb Value Creation
SUPERB VALUE CREATION Company AT LOW COST Timeline C$150M RETURN ON INVESTMENT C$100M C$50M C$0M C$ 4 M spent since January 1St to June 31st * = MARKET CAP of C$ 70M C$ 6.5 M spent since January 1st to Sept 26th = MARKET CAP of >C$ 200M *Refer to June 31, 2025, Financial Statements.
Slide 8: Salta: Latin America's Premier Mining Region
Salta: Latin - America’s Premier El Quevar Mining Region Located in Salta Argentina , m ost pro-m ining province in t he count ry. Major com panie s working in t he province , including Rio Tint o, First Quant um , Alde baran, AbraSilve r, and Fort una Mining. Circa 35 re gist ered proje ct s, m ost
Slide 9: Infrastructure for Success
Infrastructure Internal for Success • Ready-to -use camp for 100 workers. • Over 60kms of internal roads (high construction cost). • Ove r 4 0 0 drillhole s (100,000 meters drilled). • 1,250 -m e te r unde rground de cline ram p. • Multiple onsite ge ne rators. • Core logging facilitie s. • Multiple
Slide 10: Fully Operational Site
[real aerial picture] Fully Operational Provincial road Site National railway • Camp for 100 workers inherited from previous owner. • High quality, high -cost infrastructure. • Completely equipped. Kitchen Waste-water plant Dinner First Aid Room Core yard Cold storages Access gate Offices Sleeping a
Slide 11: Strategically Located for Success
Solar Farm Solar Farm Salta Que var North Strategically Camp Located for Success • Pocitos Que var South • 100% owned land package of 57,000 hectares , cove ring the m ajority of the El Que var Volcanic Com ple x. • Locate d along a world -class continental structural corridor , Azufre hom e to gian
Slide 12: Blue Sky Exploration
Blue Sky Exploration Quevar South • 3 erosional windows with acce ss to de e p Que var North portions of the El Que var volcanic com ple x. Azufre • Most of the com ple x re m ains une xplore d (~96%). • High pote ntial for m ore silver/gold epithermal and porphyry discoveries *. A B ~20Km from A to
Slide 13: El Quevar Project
El Quevar Project High-grade, low-tonnage, pure silver play Mineral Resource Estimate (2024) (1) Category Tonnage (Mt) Silver Grade (g/t) Metal Cont. ( Moz Ag) Indicated 2.93 482 45.3 Inferred 0.31 417 4.1 Unlocked expansion potential due to previous lack of funding and abandonment. (1) Source: Refe
Slide 14: High-grade, Low-tonnage Silver
High -grade, El Quevar Indicated Resource 1 2.93 Mt containing 45.3 Moz of silver at 482 g/t Ag. Low -tonnage Silver El Quevar Project EXISTING RESOURCE AT MAIN DEPOSIT: YAXTCHE (1) Source : Re fe r to NI4 3-10 1 technical re port with e ffe ctive date of Se pte m ber 30 , 20 24 , title d “NI 4 3-10
Slide 15: Outstanding Past Drilling, New Multiple Targets
N Historical consistent multiple high -grade intercepts El Quevar claim Outstanding Past Drilling, New Multiple Targets Highlighting Exceptional, High-Grade Pure Silver Results TSX.V: AGAG argentasilver.com Intervals shown are core length. Estimated true widths vary between 60 o 85% of core reported
Slide 16: High Grade Pure Silver
DDH QVD-167 (pre-Argenta Historical Drillhole) DDH QVD-194 (pre-Argenta Historical Drillhole) From To Ag Au Pb Zn Cu From To Ag Au Pb Zn Cu High [m] 228 [m] 230 [g/t] 29 [g/t] 0.0 [%] 0.2 [%] 0.4 [%] 0.0 Intercept [m] 278 [m] 279 [g/t] 38 [g/t] 0.0 [%] 0.9 [%] 0.2 [%] 0.0 Intercept 230 231 849 0.0 0
Slide 17: Overlooked Added Value
N Gold intercepts in deeper drillholes (historical drilling) El Quevar claim Overlooked Added Value Historical drilling has identified gold mineralization beneath the silver zones, occasionally overlapping with areas of economically silver mineralization. TSX.V: AGAG argentasilver.com Intervals show
Slide 18: Untapped Potential
Untapped Historical soil information showing regional untapped potential for Silver and Potential Gold, evidence of a much larger system. TSX.V: AGAG
Slide 19: 2025 Completed Drill Program
2025 Completed Drill Program QVD-421 4,244 meters completed for the QVD-422 2025 Winter Drill Program • Successful Step-Out testing continuity • Successful Resource Expansion Drilling testing the potential addition of mineralization. • New exploratory targets tested based on sound technical evidence
Slide 20: 2025 Drill Results
QVD-412 2025 Drill Results 1026 g/t Ag over 40.0m (290.00 to 330.0m) including 532 g/t Ag over 7.0m which includes 1,575 g/t Ag over 2.0m WINTER 2025 DRILL PROGRAMRESULTS including 2,246 g/t Ag over 15.0 m which includes 2,815 g/t Ag over 2.0m which includes 4,423 g/t Ag over 6.0m which includes 322
Slide 21: 2025 Drill Results
2025 Drill Results QVD-412 WINTER 2025 DRILL PROGRAMRESULTS 1026 g/t Ag over 40.0m (290.00 to 330.0m) including 532 g/t Ag over 7.0m which includes 1,575 g/t Ag over 2.0m including 2,246 g/t Ag over 15.0 m which includes 2,815 g/t Ag over 2.0m which includes 4,423 g/t Ag over 6.0m which includes 322
Slide 22: 2025 Drill Results
2025 Drill Results WINTER 2025 DRILL PROGRAMRESULTS Successful drillhole testing up -dip expansion potential. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time.
Slide 23: 2025 Exploration Drill Results
2025 EXPLORATION QVD-418 & QVD-417 Anomalous silver values DRILL RESULTS QVD-416 314 g/t Ag over 2.00m (38.0 to 40.00m) and anomalous silver values QVD-421 & QVD-422 Multiple anomalous silver values, including long intercepts (>100 m) QVD-411B 263 g/t Ag over 35.00m (294.00 to 329.00m) Including 425
Slide 24: 2025 Drill Results: What Is the Meaning of These Results?
2025 Drill Results WINTER 2025 DRILL PROGRAMRESULTS What is the Meaning of These Results? The CONFIRMATION DRILLHOLESare helping the technical team to observe fresh core from the Resource area. These holes are also confirming the high grade and the continuity of it . The SUCCESSFULSTEP-OUT DRILLHOLE
Slide 25: 2025 Surface Results
> 20,000 g/t Ag Surface grab sample with visible native silver. Reached upper detection limit of 20,000 g/t Ag. 2025 Surface Results
Slide 26: One Year In Numbers
• Minor Infrastructure Upgrades to Camp • ~ 8km of Roads Rehabilitated One • 24,500 meters of Pre-existing Resource DDH Re-Logged • 4,255 meters of Pre-Existing Exploration DDH Re-Logged Year In • 25 historical DDH (equal to 850 meters) Re-Sampled • 6,000 Historical DDH plus, New Surface Samples Ana
Slide 27: Exploration Plan 2025-2026
2025-2026 40% RESOURCE EXPANSION DUAL APPROACH Exploration Plan 60% NEW DISCOVERIES 2024 2025 2026 NOVEMBER - APRIL MAY - OCTOBER NOVEMBER - APRIL MAY - OCTOBER Phase 1 of Foundational Program. Phase 2 of Foundational 12 – 15.000 mts DDH* 7 - 10.000 mts DDH* Camp and Roads alignment. Program. Data B
Slide 28: Work Area
2025-2026 Work Area 2025 Winter Program 2025-2026 Summer Program Work during the 2025 -2026 Summer Program is intended to follow up existing targets and to explore new areas toward Quevar South TSX.V: AGAG
Slide 29: Expenditure
Argenta Silver Corp. Forecasted Consolidated Budget (Canada + Argentina) – CAD$ Preliminary Exploration Budget Es timated for 15,000 meters of Drilling + Surface Work + Geophys ics + Metallurgy * * * * * * * * * Estimate forecasted. Expenditure Drilling Peak of Season First Cold Winter Season Commen
Slide 30: Capital Share Structure
Capital Share TSX.V: AGAG OTCQB: AGAGF FRA: T1K ~C$ 205 M Marke t Capit alizat ion @ C$ 0 .8 0 (undilut e d) Structure ~C$ 239 M Marke t Capit alizat ion @ C$ 0 .8 0 (fully dilut e d) ~11% ~15% Frank Giustra Institutional Issued & Outstanding Com m on Share s 256,319,377 ~13% Stock Options 14 ,0 38
Slide 31: Leadership
Leadership Management, Advisors, & Directors Joaquin Marias Aaron Triplett Vanessa Bogaert President, CEO Chief Financial VP Investor Relations & Director Officer & Communications Michelle Borthwick Diego Mendilaharzu Guillermo Peralta Willem Middelkoop VP Corporate Affairs & Argentina Legal Rep. &
Slide 32: Local Support & Diversity
Local Support & Positive engagement with Diversity Indigenous and Government leaders in Salta Province. 90% of contracted services are from Salta. 80% of our workforce is from Salta. >45% of our workforce is from Local Communities. 5-to -6 ratio of women/men “Argenta is our example for mining compan
Slide 33: Argentina is Open for Business
Argentina is Open for Business Under President Javier Milei, Argentina is attracting foreign direct investment after years of market isolation. Strengthened institutions have positioned Argentina as a key opportunity in South America . Ne w re gulations supporting natural re source industrie s, and
Slide 34: Today for Tomorrow
Today for Tomorrow Silver demand is rising, boosting price performance. Strong demand from the photovoltaic industry. Immediate need for next -gen silver batteries. Prices climbing due to geopolitical concerns. Silver remains undervalued compared to gold. M&I Inf Total Resources Resources Reserves P
Slide 35: Investment
Investment High -Grade, Low -Tonnage Attractive Valuation & Acquisition Expansion and Mineralization at a Fraction of Value Growth Potential Single deposit containing a pure silver Market cap of >C$205M with ~C$22.5M in Posit ioned for growt h in a rising silver resource of 45.3 Moz @ 482 g/t Ag wor
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Slide 37: A New Force in Silver's Future
A New Force in Silver’s Future El Quevar Project For further information, please contact: J oaquín Marias Vanessa Bogaert President , CEO and Direct or – Argent a Silver VP Investor Relations and Communications – Argenta Silver jm@argentasilver.com | +1 778 3192415 vb@argentasilver.com | +1 604 7217