Argenta Silver Corp · TSXV:AGAG
Argenta Silver — Technical Presentation (October 2026)
43 slides from Argenta Silver's technical presentation, Oct 1, 2026
Slide 1: El Quevar Project Technical Presentation
A Pure Silver Company El Quevar Project TECHNICAL PRESENTATION TSX.V: AGAG - OTCQX: AGAGF - FRA: T1K
Slide 2: Forward Looking Statements
TECHNICAL PRESENTATION 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 assumption
Slide 3: A New Silver Force
TECHNICAL PRESENTATION A New Silver Force • 28th of October 2024: Began trading on TSX.V as AGAG • C$ 0.15 : Opening share price. • C$ 1.17 : 52-week high. • 208% Share Price Appreciation, 2025. • 371% Market Cap Growth, 2025. • C$ 60.5 M raised since inception. • 3rd January 2025: Commenced explora
Slide 4: Building Value
Building Value TECHNICAL PRESENTATION $5.5B $50B+ 250+ RAISED VALUE COMPANIES CREATED FOUNDED Joaquin Marias Frank Giustra President, CEO and Director Major Shareholder ARGENTA SILVER Corp. FIORE Group TSX.V: AGAG argentasilver.com 4
Slide 5: Strategically Located for Success
Solar Farm Solar Farm Salta Quevar North Strategically Camp Historical Located for Exploration Footprint Success • Pocitos Quevar South • 100% owned land package, covering the majority of the El Quevar Volcanic Complex, Argentina’s 2nd largest volcanic complex. • Located along a world-class continen
Slide 6: Blue Sky Exploration
Blue Sky Yaxtché Mineral Resource Exploration Quevar South Quevar North • 3 erosional windows with access to deep portions of the El Quevar volcanic complex. Azufre • Most of the complex remains unexplored (~97%). • High potential for more silver/gold epithermal and porphyry discoveries*. A B ~20Km
Slide 7: District-Scale Land Package
District-Scale VANCOUVER SHANGHAI Land Package N 30 Km PARIS MANHATTAN Historical exploration, resource • One consolidated land package of 57,000 hectares . • 3% explored, 54,000 hectares open for exploration. • High potential for new discoveries. argentasilver.com 7 TSX.V: AGAG
Slide 8: El Quevar Project
El Quevar Project High-grade, low-tonnage, pure silver play Yaxtché 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
Slide 9: High Grade Pure Silver
DDH QVD-167 (pre-Argenta Historical Drillhole) DDH QVD-194 (pre-Argenta Historical Drillhole) High From To Ag Au Pb Zn Cu From To Ag Au Pb Zn Cu Intercept Intercept [m] [m] [g/t] [g/t] [%] [%] [%] [m] [m] [g/t] [g/t] [%] [%] [%] 228 230 29 0.0 0.2 0.4 0.0 278 279 38 0.0 0.9 0.2 0.0 Grade 230 231 849
Slide 10: Preliminary Metallurgy Test Results Recovery: 96% Ag
Preliminary Metallurgy News Release September 21, 2026 Test Results Initial Rougher and Cleaner tests* Cleaner Flotation Test* *The reported results represent an early stage of the Recovery: 96% Ag metallurgical test work program and are preliminary, not final, Concentrate: 14,857 g/t Ag and have no
Slide 11: Preliminary Metallurgy Test Results
Preliminary Metallurgy ROUGHER FLOTATION TEST Rougher Conc. Test Results Sample ID EQ-VAR-01 Head Grade 238 Grade (g/t Ag) 946 Ag Recovery (%) 99% 219 87% Initial Rougher and Cleaner tests EQ-VAR-02 223 2,082 EQ-VAR-03 2,341 75% EQ-VAR-04 229 2,385 89% EQ-VAR-05 280 5,305 91% • 13 of 15 samples aver
Slide 12: Structural Framework
Radomiro Quaternary Tomic Chuquicamata Structural Pliocene Ministro Hales Calama Neogene Paleogene Framework Antucoya Spence Cretaceous Jurassic Triassic Centinela Paleozoic Suture Precambrian • Controlled by the NW-SE Suture trending Calama- Gabriela Olacapato-El Toro (COT) Mistral lithospheric lin
Slide 13: Volcanic & Hydrothermal Evolution
Volcanic & Hydrothermal Evolution • ~2 Million Years of hydrothermal activity. • From 9 Ma to 7 Ma, developing a massive alteration footprint. Alunite – Ar/Ar Biotite – K/Ar Zircon – U/Pb Mineralization age of the main deposit (Yaxtché): ~5.5 Ma (U/Pb) ~7.4 Ma (Ar/Ar) dacite domes mark the final vol
Slide 14: Volcanism & Erosional Windows
Volcanism & Stratovolcanic Complex El Quevar Cerro Olacapato Stratovolcanoes Miocene - Pliocene Erosional Cerro Tultul Erosional Window Windows A Volcanic Vents Del Pocitos Medio Vent Vent • Large Strato-Volcanic Complex. • From 4,000 - 6,000 m.a.s.l. Quevar Vent • Volcanic centres transverse Centra
Slide 15: Alteration & Targets
Alteration Alteration Intensity Smectite / Illite LOW HIGH Alteration Intensity Kaolinite & Targets Alteration Intensity LOW HIGH Alunite / Kaolinite N Alteration Intensity LOW HIGH Silica - Alunite Camila LOW HIGH Camila • Extensive areas of Gabriela Camila Quevar North Ay la Puna alteration relate
Slide 16: Systematic and Methodological Approach
Systematic and January 3, 2025 - to Date Methodological Approach Completed Work RESERVES AND PRODUCTION Reserves District Mapping (1:10,000): Increased Confidence and Definition Projected Quevar South, North, and Azufre. Economical Studies for 2029-30 Target Mapping (1:2,000): Andrea, Rosa, Mani-Cop
Slide 17: Geological Overview
Geological Quevar North Overview Mineralization controlled by the intersection of NW-striking faults (COT lineament) with E- NE and N-NE striking faults. These structural intersections generated dilatational zones, favouring breccias and intrusive Quevar South emplacement, and extensive Quevar North
Slide 18: Geological Overview
Geological Positive correlation between Sb-As-Bi-Te with Ag +/- Au. Mag Survey >80 km2 (in progress). Overview Quevar North Yaxtché Deposit An dre a– Ro sa Quevar South Ca n rm e Arg Vince ent Ma ina ni - Co pan Dilatation Azufre Zone High-grade silver mineralization at Mani, Anomalies in talus fine
Slide 19: Quevar South & Azufre
Steam Heated Zone + Residual Qx A Quevar South Andrea * & Azufre Sil+Py veinlets A Cerro Gordo El Quevar South erosional window - Rx 30 ppb - Au 35 km². A homogenous dacite tuff B sequence is intruded by subvolcanic Argentina Vince Oeste Argentina dacitic stocks, domes, and related White Micas brecc
Slide 20: Quevar South
QUEVAR SOUTH A Ag Native B H I J Vg-Sil Sil + Py veins K 3 g/t Ag 2.6 g/t Ag 6.8 g/t Ag 1.2 g/t Ag Qz+Al M ANDREA HS zone 1,385 g/t Ag 20,000 g/t Ag (en-luz) Andrea HBX + Vg-Qz+Al C D Atenea K J Carmen Rosa en-cpy 2m @ 13.75 g/t Au 30 g/t Ag 16,000 g/t Ag 6,000 g/t Ag Carolina Adv. Arg. Alt. N Argen
Slide 21: El Quevar Drilling Program
El Quevar Legend Drilling Program Planned - Argenta 2011 - Golden 2026 - Argenta 2010 - Golden 2025 - Argenta 2009 - Golden 2022 - Barrick 2008 - Golden Total Meters and Holes Drilled by Priority Area 2019 - Golden 2007 - Golden 2013 - Golden 2006 - Golden Company 2012 - Golden Resource Boundary Gol
Slide 22: High-grade, Low-tonnage Silver
High-grade, Mineral Resource Estimate (2024)(1) Low-tonnage Silver Category Tonnage (Mt) Silver Grade (g/t) Metal Cont. (Moz Ag) EXISTING RESOURCE AT MAIN DEPOSIT: YAXTCHE Indicated 2.93 482 45.3 Inferred 0.31 417 4.1 Robust Mineral Resource with Atenea Ample Opportunity to Grow • Entire Mineral Res
Slide 23: Visual Scale
High-grade, El Quevar Indicated Resource 2.93 Mt containing 45.3 Moz of silver at 482 g/t Ag. 1 Low-tonnage (1) Source: Refer to NI43-101 technical report with effective date of September 30, 2024, titled “NI 43-101 Technical Report on the Mineral Resource Estimate of the El Quevar Project Salta Pro
Slide 24: 2025-2026 Drill Results
2025-2026 Drill Results QVD-435 HIGHLIGHT DRILL PROGRAM RESULTS 912 g/t Ag over 3.0m QVD-410 (64 to 67m) QVD-413 414 g/t Ag over 14.35m 533 g/t Ag over 20.2m QVD-426 (101 to 121.2m) (258.65 to 273.0m) 517 g/t Ag over 20.0m QVD-432 (326 to 346m) 639 g/t Ag over 6.0m (153 to 159m) QVD-409 QVD-432 309
Slide 25: 2025 Drill Results
2025 Drill Results WINTER 2025 DRILL PROGRAM RESULTS QVD-412 1026 g/t Ag over 40.0m (290.00 to 330.0m) including 532 g/t Ag over 7.0m and 1,575 g/t Ag over 2.0m including 2,246 g/t Ag over 15.0 m and 2,815 g/t Ag over 2.0m and 4,423 g/t Ag over 6.0m including 347 g/t Ag over 9.0 m 18,467 g/t Ag over
Slide 26: Expansion Potential
Expansion Potential ON-GOING RESOURCE EXPANSION PROGRAM ~20% OF FOOTPRINT EXPANSION TO DATE 2025 PLUS 2026 DRILLING TO BE INCLUDED IN PLANNED 2027 MINERAL RESOURCE UPDATE
Slide 27: Mani-Copan Same Grade, Same Chemistry
Mani-Copan Same Grade, Same Chemistry New Follow-Up Discoveries • 2025 Surface results returned bonanza grades. • Follow up drilling returned high- grade silver, chemistry matching the Resource. • Potential oblique structure to the Yaxtche Deposit. 2025 Rock Chip Samples (Ag g/t) Mani >1000 500-1000
Slide 28: Mani On-Surface
Mani On-Surface QVD-444 1,385 g/t Ag over 4.0 m (from 271.0m to 275.0m) Sample 101125 20,000 g/t Ag QVD-433 Sample 81701 4,982 g/t Ag over 7.50m (from 39.0m to 47.0m) 6,000 g/t Ag Sample 54210632 Sample 101128 2,450 g/t Ag 16,000 g/t Ag 28
Slide 29: Mani Sub-Surface
}+3417900 E Mani Sub-Surface #3418200 E QVD-330 +3418500 E #3418800 E ARGENTA SILVER 40 TSX.V: AGAG mineralisation Plunge 00 Azimuth 009 Looking North 100 200 300 [3419100 €
Slide 30: Copper & Gold
Copper & Gold Quevar North Quevar North Proven Existence of Gold and Copper Mineralization at El Quevar • Gold in rock and soil samples (shallow). Quevar South Quevar South • Copper anomalies mostly related to drilling Rock Chip Samples - Au Soil Samples - Au results (deeper). 40.01 – 70.00 ppb 4.01
Slide 31: New Copper & Gold
New Copper Atenea Andrea HS zone (en-luz) & Gold Rosa Copper-Gold rich zones tested with DDH drilling suggest Carmen potential feeder zones. 3.74 g/t Au over 8m (from 284 to 292m) No historical drilling below Including 13.75 g/t Au over 2m 450 meters. Deeper drilling required to test this areas. Arg
Slide 32: New Gold & Copper Discovery: Carmen
New Gold & Copper Discovery: Carmen • Quevar North and South host surface evidence of systems that might be related to gold mineralization. CARMEN QVD-425 • The nature of the Volcanic Complex 0.57 g/t Au + 0.58% Cu over 44.0m increases the potential finding porphyry including: 2.56 g/t Au and 4.33%
Slide 33: New Copper and Gold Discovery
New Copper and Gold Discovery CARMEN DISCOVERY DDH QVD-425 44.00m with 0.57 g/t Au and 0.58% Cu including: 2.56 g/t Au and 4.33% Cu over 2.00m, and 3.92 g/t Au with 6.23% Cu over 1.00m, and 4.87 g/t Au with 8.52% Cu over 0.80m. * CONFIRMED WITH QVD-427A 0.29 g/t Au over 22.90m including 0.66 g/t Au
Slide 34: New Copper and Gold Discovery
New Copper and Gold Discovery *Estimated true widths vary between 60 to 85% of core reported length. TSX.V: AGAG argentasilver.com 34
Slide 35: Carmen Target
Carmen CARMEN DDH QVD-425 CARMEN DDH QVD-427A Target 44.00m with 0.57 g/t Au and 0.58% Cu 22.90m with 0.29 g/t Au [Au-Cu] including: 2.56 g/t Au and 4.33% C u over 2.00m, and 3.92 g/t Au with 6.23% C u over 1.00m, and including 0.66 g/t Au and 0.73% Cu over 1.00m. And 0.51 g/t Au and 0.42% Cu over 7
Slide 36: 2026 Exploration Substantial Footprint
Solar Farm 2026 Exploration Solar Farm Substantial Footprint to be covered in 2026 compared to previous explorers. N • 80 km2 to be covered with geophysics. Camp • Large-surface area sampling and mapping. • Preparation of new Environmental Base Line Studies. • Development of new Metallurgical Testwo
Slide 37: Driving Value
Driving Value Systematic Growth + De-Risking Key Catalysts* 2025 2026 2027 2028 Capital Allocation 40% RESOURCE EXPANSION + 60% NEW DISCOVERIES Drilling Goal: To Increase Ounces Surface Exploration Mapping & Sampling: Quevar North & South (all targets) Geophysics 80km2 Mag. IP + CSMAT Metallurgy Stu
Slide 38: Capital Share Structure
Capital Share TSX.V: AGAG OTCQX: AGAGF FRA: T1K Structure ~13% High Net Worth Issued & Outstanding ~15% Institutional Common Shares 290,337,502 Stock Options 22,086,750 ~50% Warrants 28,386,075 ~10% Retail Fully Diluted 340,810,327 Frank Giustra ~ C$24 Million in working capital Zero debt. ~10% No p
Slide 39: Investment That Returns
Investment That Returns Forecasted Consolidated Budget (Canada + Argentina) 2026 Exploration Budget Considering Expenditure for up to 40,000 meters of Drilling + Surface Work + Geophysics + Metallurgy C$ 60.5 M raised in a period of 18 months. 91% of treasury is allocated per budget directly into Ex
Slide 40: Infrastructure for Success
Infrastructure Internal for Success • Ready-to-use camp for 100 workers. • Over 80kms of internal roads (high construction cost). • Over 440 drillholes (115,000 meters drilled). • 1,250-meter underground decline ramp. • Multiple onsite generators. • Core logging facilities. • Multiple buildings, war
Slide 41: Fully Operational Camp Site
[real aerial picture] Fully Operational Provincial road Camp Site National railway Gas pipeline • Camp for 100 workers, expandable to >200. • >C$ 100 M inflation-adjusted investment by previous owner on high quality infrastructure. Kitchen Waste-water plant Dinner First Aid Room Core yard Cold stora
Slide 42: Local Support & Diversity
Local Support & Diversity Positive engagement with Indigenous and Government leaders in Salta Province. Salta Mining Olympics games Team Silex (Argenta Silver subsidiary) May 2026. 90% of contracted services are from Salta. 80% of our workforce is from Salta. >45% of our workforce is from Local Comm
Slide 43: El Quevar Project
A Pure Silver Company El Quevar Project For further information, please contact: Joaquín Marias Vanessa Bogaert President, CEO and Director – Argenta Silver VP Investor Relations and Communications – Argenta Silver jm@argentasilver.com | +1 778 3192415 vb@argentasilver.com | +1 2362686945 TSX.V: AGA
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