Silver Viper Minerals Corp. · TSXV:VIPR

Silver Viper Minerals — Investor Presentation (April 2022)

26 slides from Silver Viper Minerals's investor presentation, April 2022

  1. Slide 1: La Virginia Project Update April 2022

    La Virginia Project Update April 2022

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements CAUTIONARY NOTE TO US INVESTORS The United States Securities and Exchange Commission ("SEC") permits US Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain t

  3. Slide 3: Why Invest?

    Why Invest? 1) High Quality Asset - Exciting Gold/Silver Project in Sonora Mexico – La Virginia - Maiden NI 43-101 resource delivered May 2021 - Shows excellent potential for an open pit heap leach mine followed by underground operations - El Rubi Discovery Zone – now a 43-101 Mineral Resource - El

  4. Slide 4: La Virginia Gold-Silver Project

    La Virginia Gold-Silver Project • Located 220km ENE of Hermosillo, Sonora, consolidated project totals 6,882 hectares in 4 claims and hosts both drilled and undrilled targets • Situated in a largely unexplored portion of the Sierra Madre Occidental, within the northern Sierra Madre precious metal be

  5. Slide 5: La Virginia Project

    La Virginia Project • Identified by Minefinders Corp. during 2007 reconnaissance campaign seeking Dolores-style vein and hydrothermal breccia hosted gold-silver mineralization. • Intensive exploration drilling was completed over the Rubi-Esperanza claims by Minefinders during 2010-2012 until takeove

  6. Slide 6: La Virginia Project – Geological Setting

    La Virginia Project – Geological Setting Silver Viper 50k interp of SGM sterographic images • Underexplored corner of Sonora, Mexican Geological Survey is currently working on the 50:000 geological map sheet containing La Virginia, possibly to be published this year • The 1:50,000 interpretation pre

  7. Slide 7: La Virginia Geological Mapping

    La Virginia Geological Mapping El Rubi El Oriental La Virginia Con Virginia Las Huatas N N Huarache 0 500 Metres 0 1000 NAD27, Zone 12 Metres NAD27, Zone 12 7

  8. Slide 8: El Rubi Plateau Looking North

    El Rubi Plateau Looking North 8

  9. Slide 9: Exploration Model

    Exploration Model • Low sulphidation epithermal style mineralization present as fracture fill veins, breccias and as broad weak quartz/calcite stockworks • At El Rubi, gold and silver as electrum often found in association with silver sulphides, minor native silver and varying levels of sphalerite a

  10. Slide 10: Mineralized Breccia – LV21-309 302m

    Mineralized Breccia – LV21-309 302m Example of breccia hosted polymetallic mineralization resembling that from a carbonate-base metal Au style intrusive related epithermal system. Paragenesis of the metallic minerals present is shown above LV21-309 302 – 302.5 metres 2.10 g/t gold 692 g/t silver 1.8

  11. Slide 11: El Rubi - Discovery

    El Rubi - Discovery • Mineralization is structurally controlled by regional NNW trend. Interpreted as fault offset continuation of Las Huatas/La Virginia mineralized trend. • Discovery located 2.5 kms north of the main area of historical exploration by Pan American Silver and Minefinders. • Discover

  12. Slide 12: El Rubi - Drilling Highlights

    El Rubi - Drilling Highlights Estimated Ag Equiv Au Equiv HOLE From (m) To (m) Interval (m) True Width Ag (g/t) Au (g/t) • High grade assays in most recent drilling include: (g/t) (g/t) (m) EL RUBI LV18-201 27 40.3 13.3 6 228 3.16 449 6.42 and 32 33 1 0.45 782 8.3 1363 19.47 LV18-204 incl 92 94 95 9

  13. Slide 13: La Virginia Project – El Rubi Drilling showing Whittle pit shell outline

    La Virginia Project – El Rubi Drilling showing Whittle pit shell outline N A A’ N 0 500 Metres NAD27, Zone 12 13

  14. Slide 14: 2021 Mineral Resource Estimate

    LiDAR Digital Elevation Model showing Whittle pit shells for the 2021 Mineral Resource Estimate El Rubi 2021 Mineral Resource Estimate Capped Capped Deposit Method Class Tonnes Au Oz Ag Oz Au (g/t) Ag (g/t) El Rubi Open pit Indicated 6,179,000 0.78 35 154,300 6,928,900 Total Open Pit Indicated 6,179

  15. Slide 15: LiDAR Digital Elevation Model showing Whittle pit shells

    LiDAR Digital Elevation Model showing Whittle pit shells for the 2021 Mineral Resource Estimate May 201 Mineral Resource Estimate El Rubi El Oriental Long section showing El Rubi pit shell with underground blocks >1.4g/t gold OR 106 g/t silver Con Virginia Las Huatas Las Huatas Sur Long section show

  16. Slide 16: Plan View A-A’ Section Looking North

    PLAN VIEW A-A’’ SECTION LOOKING NORTH (window +/- 25m) 18m averaging 95g/t Ag, 1.06g/t Au 13.3m averaging 228g/t Ag, 3.16g/t Au 9 m averaging 25g/t Ag, 0.41g/t Au 3 m averaging 1g/t Ag, 5.43g/t Au 8m averaging 101g/t Ag, 1.45g/t Au 10 m averaging 32g/t Ag, 0.51g/t Au 31m averaging 12m averaging 32g/

  17. Slide 17: Plan View B-B’ Section

    PLAN VIEW B-B’ SECTION LOOKING TOWARD 060 (window 140m toward, 85m away) With Whittle Pit Outline 0 100 metres 17

  18. Slide 18: El Rubi Scanning Electron Microscopy

    El Rubi Scanning Electron Microscopy • Preliminary Scanning Electron Microscope study of drill core samples shows silver reports as sulphides in Argentite and alloyed with gold in the form of Electrum. 18

  19. Slide 19: El Rubi Preliminary Metallurgical Test Work

    El Rubi Preliminary Metallurgical Test Work • Bottle roll tests were conducted on four 500g composites. • Initial round designed as a simple test to confirm amenability to conventional treatment methods. • Analyses detected nugget gold effect in high grade sample LV-MET-002. • Recoveries ranged from

  20. Slide 20: El Rubi – Prospective Targets

    El Rubi – Prospective Targets • Image depicted shows aeromagnetic data – Calculated Vertical Derivative (Magnetics Reduced to Pole) • El Rubi Surface Program includes reconnaissance mapping, soil sampling and prospecting across the property • Airborne magnetic survey indicates prospective extensions

  21. Slide 21: Management & Directors

    Management & Directors Silver Viper’s management team, is part of the Belcarra Group, is an organization comprised of technical and capital markets professionals in the mining industry. Our model focusses on exploration and as such can draw on the knowledge of our 4 in- house senior geologists with

  22. Slide 22: Share Structure

    Share Structure Capital Structure Silver Viper Minerals Corp. Shares Outstanding 95.13M TSX.V Listing VIPR Warrants (exercise price $0.57) 12.97M OTCQB Listing VIPRF Options (average price $0.48) 7.95M Current Price $0.40 Fully Diluted Shares 116.05M Notable and Major Shareholders Research Coverage

  23. Slide 23: La Virginia Project - Environmental

    La Virginia Project - Environmental ▪ Recycling system. ▪ Safely recycled used oil and professionally disposed. ▪ Compost system. ▪ Water recirculation system for use in the camp toilets. ▪ Donation of 25 garbage cans, distributed in Nacori Chico. ▪ Drilling water recirculation system. 23

  24. Slide 24: La Virginia Project - CSR

    La Virginia Project - CSR ▪ Mother´s day celebration gift donations. ▪ Children´s day celebration gift donations. ▪ Video projector equipment donation to the elementary school. ▪ Donation of COVID-19 medication and personal protection to the local clinic. ▪ Defibrillator equipment donation. ▪ Local

  25. Slide 25: In Summary

    In Summary ✓High Quality Asset - historic work and database ✓Mining Friendly Jurisdiction – Mexico’s top gold producing state ✓Management and Technical Team - history of making discoveries and delivering value ✓Blue Sky Potential – expanding El Rubi discovery and testing new targets ✓Strong Sharehol

  26. Slide 26: Contact Us

    Contact Us Silver Viper Minerals Corp Suite 300 - 1055 W. Hastings St. Vancouver, BC Canada V6E 2E9 (604) 687-8566 (604) 687-6365 info@silverviperminerals.com www.silverviperminerals.com 26

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