Slide 1: El Quevar Project - A Pure Silver Company
A Pure Silver Company El Quevar Project MARCH 2026 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 economic
Slide 3: CEO message on Latin American silver
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 no
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: A New Silver Force
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 exploration. • May 2025: Drill
Slide 6: 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 7: 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 8: 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 9: 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 10: Fully Operational Site
[real aerial picture] Fully Operational Site Provincial road 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 11: Strategically Located for Success
Solar Farm Solar Farm Salta Quevar North Strategically Located for Camp Success • Pocitos Quevar South • 100% owned land package, covering the majority of the El Quevar Volcanic Complex. • Located along a world-class continental structural corridor, Azufre home to giant copper ± gold mines like the
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: District-Scale Land Package
District-Scale Land Package VANCOUVER SHANGHAI N 30 Km PARIS MANHATTAN • One consolidated land package of 57,000 hectares . • 5% explored, 54,000 hectares open for exploration. • High potential for new discoveries. argentasilver.com 13 TSX.V: AGAG
Slide 14: 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 Ample Opportunity to Grow • Entire Mineral Resource E
Slide 15: El Quevar Indicated Resource
High-grade, El Quevar Indicated Resource Low-tonnage Silver El Quevar Project 2.93 Mt containing 45.3 Moz of silver at 482 g/t Ag. 1 (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
Slide 16: A Solid Foundation
2025: 2025 A Solid JANUARY - APRIL M AY- O C T O B E R Foundation Foundational Program Ph1: Foundational Program Ph2 Winter Program: • 4.244mts of DDH completed: • Camp and Road alignment. • Confirmation Drillholes (fresh core) The 2025 Program Data Base compilation. • Step-Out Drillholes – unveiled
Slide 17: 2025-2026 Ongoing Drill Program
2025-2026 Ongoing Drill Program ~15,000 m Drilled Since May 2025 • Successful Step-Out testing continuity • Successful Resource Expansion Drilling testing the potential addition of mineralization. • New exploratory targets tested based on sound technical evidence. TSX.V: AGAG argentasilver.com 17
Slide 18: 2025 Drill Results
2025 Drill Results QVD-412 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 PROGRAM RESULTS 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 19: 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 20: 2026 Drill Results
2026 Drill Results SUMMER 2025-2026 DRILL PROGRAM RESULTS
Slide 21: Surface Results
> 20,000 g/t Ag Surface grab sample with visible native silver. 2025 Reached upper detection limit of 20,000 g/t Ag. Surface Results 21
Slide 22: Surface Results
Rock Chip - Ag g/t @ 20.01 100.00 @ 2025 - 2026 Drill Holes @ 5.01 - 30.00 © — Historical Drill Holes - z © 045-5.00 0 First samples to be @ 0.25-0.44 : collectedin this area. Highest grade sample: 2,493 g/t Ag
Slide 23: New Gold & Copper Discovery
New Gold & Copper Discovery • Quevar North and South host evidences on surface of systems that might be related to gold mineralization. • The nature of the Volcanic Complex increases the potential finding porphyry deposits. • CARMEN is the first target to deliver distinctive results, unrelated to th
Slide 24: 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 25: Exploration Plan
Exploration Plan 40% RESOURCE EXPANSION DUAL APPROACH Systematic Growth 60% NEW DISCOVERIES 2026 GOAL: 45,000m of Drilling + Surface Work + Geophysics + Metallurgy 2025 2026 NOVEMBER - MAY JUNE - SEPTEMBER OCTOBER - DECEMBER ~25.000 mts DDH ~10.000 mts DDH ~15.000 mts DDH 2025-2026 Summer 2026 Winte
Slide 26: 2026 Exploration Footprint
Solar Farm 2026 Exploration Footprint Solar Farm Substantial exploration ground to be covered in 2026 compared to previous explorers. N • 60 km2 to be covered with geophysics. Camp • Large-surface area sampling and mapping. • Preparation of new Environmental Base Line Studies. • Development of new M
Slide 27: Investment That Returns
Investment That Returns Forecasted Consolidated Budget (Canada + Argentina) 2026 Exploration Budget Considering Expenditure for 45,000 meters of Drilling + Surface Work + Geophysics + Metallurgy ~C$ 40 M in treasury, after recent Bought Deal* of C$ 23 M. 91% of treasury is allocated per budget direc
Slide 28: Capital Share Structure
Capital Share TSX.V: AGAG OTCQX: AGAGF FRA: T1K Structure ~13% High Net Worth Issued & Outstanding ~15% Institutional Common Shares 288,202,502 Stock Options 24,216,750 ~50% Warrants 28,396,075 ~10% Retail Fully Diluted 340,815,327 Frank Giustra ~ C$40 Million in working capital ~10% Zero debt. Elsz
Slide 29: We have a clear vision to scale this into a much larger company
Frank Giustra Major Shareholder We have a clear vision to scale this into a much larger company. Joaquin Marias President, CEO and Director TSX.V: AGAG argentasilver.com 29
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Slide 31: El Quevar Project - Contact
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