Slide 1: A New Force in Silver's Future – El Quevar Project
A New Force in Silver’s Future El Quevar Project SEPTEMBER 26, 2025 TSX.V: AGAG - OTCQB: 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 economic
Slide 3: Message from the President and CEO
Latin America is home to some of the most significant silver deposits on the planet, a legacy from nature, forged by extraordinary, powerful, and enduring geo- logical events that shaped the region millions of years ago, leaving behind an enormous wealth of untapped silver for the future. Our work n
Slide 4: The Right Silver Opportunity
The Right Silver Opportunity For 40 years, I’ve dreamed of building a pure silver company in Latin America. Exceptional pure silver assets are incredibly rare, and when the El Quevar opportunity presented itself, I knew instantly—this is it. We have a clear vision to scale this into a much larger co
Slide 5: Built To Succeed
Built To Succeed TSX.V: AGAG argentasilver.com 5
Slide 6: Investment Overview
Investment Overview 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$195M with ~C$24.0M in Positioned for growth in a rising silver resource of 45.3 Moz @ 482 g/t A
Slide 7: Company Timeline
>300% Company organic growth in 11 months 0.7 Timeline 0.6 SHARE PRICE 0.5 0.4 0.3 0.2 0.1 Phase 2 (ongoing): 4,000m drilling program
Slide 8: Company Timeline
10X MARKET CAP Company growth in less than 1 year Timeline C$150M RETURN ON INVESTMENT C$100M C$50M C$0M Phase 2 (ongoing): 4,000m drilling program
Slide 9: Company Timeline
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$ 240M *Refer to June 31, 2025, Financial Statements.
Slide 10: Salta: Latin-America's Premier Mining Region
Salta: Latin- America’s Premier El Quevar Mining Region Located in Salta Argentina, most pro-mining province in the country. Major companies working in the province, including Rio Tinto, First Quantum, Aldebaran, AbraSilver, and Fortuna Mining. Circa 35 registered projects, mostly lithium, followed
Slide 11: Strategically Located for Success
Solar Farm Solar Farm Salta Quevar North Strategically Camp Located for Success • Pocitos Quevar South • 100% owned land package of 57,000 hectares, covering the majority of the El Quevar Volcanic Complex. • Located along a world-class continental structural corridor, Azufre home to giant copper ± g
Slide 12: Blue Sky Exploration
Blue Sky Exploration Quevar South • 3 erosional windows with access to deep Quevar North portions of the El Quevar volcanic complex. Azufre • Most of the complex remains unexplored (~96%). • High potential for more silver/gold epithermal and porphyry discoveries*. A B ~20Km from A to B TSX.V: AGAG *
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: Refer
Slide 14: High-grade, Low-tonnage Silver
High-grade, El Quevar Indicated Resource 2.93 Mt containing 45.3 Moz of silver at 482 g/t Ag. 1 Low-tonnage Silver El Quevar Project EXISTING RESOURCE AT MAIN DEPOSIT: YAXTCHE (1) Source: Refer to NI43-101 technical report with effective date of September 30, 2024, titled “NI 43-101 Technical Report
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) 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 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: Exploration Plan
Exploration Plan 40% RESOURCE EXPANSION Systematic Growth DUAL APPROACH 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
Slide 20: Operations That Deliver
Operations That Deliver 4,244 meters completed for the 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. • Historical target
Slide 21: 2025 Drill Results
2025 Drill Results QVD-412 WINTER 2025 DRILL PROGRAM 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 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 32
Slide 22: 2025 Drill Results
2025 Drill Results QVD-412 1026 g/t Ag over 40.0m (290.00 to 330.0m) ON-GOING 2025 DRILL PROGRAM FIRST RESULTS 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 inc
Slide 23: 2025 Drill Results
2025 Drill Results ON-GOING 2025 DRILL PROGRAM FIRST RESULTS 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 24: 2025 Drill Results
2025 Drill Results WINTER 2025 DRILL PROGRAM RESULTS 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 25: What is the Meaning of These Results?
2025 Drill Results ON-GOING 2025 DRILL PROGRAM FIRST RESULTS What is the Meaning of These Results? The CONFIRMATION DRILLHOLES are 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 SUCCESSFUL STEP-OUT
Slide 26: 2025 First Surface Results
> 20,000 g/t Ag Surface grab sample with visible native silver. 2025 First Reached upper detection limit of 20,000 g/t Ag. Surface Results
Slide 27: Infrastructure for Success
Infrastructure Internal for Success • Ready-to-use camp for 100 workers. • Over 60kms of internal roads (high construction cost). • Over 400 drillholes (100,000 meters drilled). • 1,250-meter underground decline ramp. • Multiple onsite generators. • Core logging facilities. • Multiple buildings, war
Slide 28: 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 ar
Slide 29: Capital Share Structure
Capital Share TSX.V: AGAG OTCQB: AGAGF FRA: T1K Structure ~C$ 197.7 M Market Capitalization @ C$ 0.78 (undiluted) ~C$ 234.0 M Market Capitalization @ C$ 0.78 (fully diluted) 11.9% ~15% Frank Giustra Institutional Issued & Outstanding Common Shares 254,329,377 12.3% Stock Options 15,938,000 Elsztain
Slide 30: 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 31: 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. 4-to-6 ratio of women/men “Argenta is our example for mining compani
Slide 32: 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. New regulations supporting natural resource industries, and inves
Slide 33: Silver Today for Tomorrow
Silver 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 Rese
Slide 34: Subscribe, Stay Tuned and Don't Miss Our News
Subscribe, Stay Tuned and Don’t Miss Our News TSX.V: AGAG argentasilver.com OTC: AGAGF
Slide 35: A New Force in Silver's Future – Contact
A New Force in Silver’s Future 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 | +1 604 7217773