Silver Mountain Resources, Inc. Class A · TSX:AGMR
Silver Mountain Resources, Inc. Class A — Investor Presentation (March 2024)
35 slides from Silver Mountain Resources, Inc. Class A's investor presentation, March 2024
Slide 1: Corporate Presentation
SILVER MOUNTAIN RESOURCES Corporate Presentation MARCH 2024 www.agmr.ca TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR
Slide 2: Disclaimer
Disclaimer IMPORTANT – YOU MUST READ THE FOLLOWING BEFORE CONTINUING: The information contained in this document has been prepared by Silver Mountain Resources Inc. (the “Company” or “AGMR”) and contains confidential information pertaining to the business, operations and assets of the Company. The i
Slide 3: Who is AgMR? | Highlights
Who is AgMR? | Highlights • 100% owned assets (60k ha) in the historic mining district of Castrovirreyna in Peru • $40 Million invested to date • Well financed and debt-free silver developer • Key infrastructure in place (>$50MM), including 2,000tpd concentrator & tailings dam • Low Capex and low-co
Slide 4: Market Stats & Capital Structure
Market Stats & Capital Structure Market Cap. C$M $27.5 3 5.6% 5.2% 4.1% Cash C$M $5.2 Debt C$M $0.0 Enterprise Value C$M $22.2 Shares Outstanding Million 279.7 4.6% 4.4% 27.2% Stock Options Million 15.31 Insiders Warrants Million 63.42 Fully Diluted Shares Million 358.4 1. Stock Options: 2.64M at US
Slide 5: AgMR’s Assets
AgMR’s Assets Large land package in 3 blocks: Over 60,000 hectares 100% owned by AgMR: Reliquias, Dorita & EL Milagro blocks North Block Central Block Multiple mineralized structures Two neighbouring underground DIA Approved mines: Reliquias & Caudalosa Several brownfield opportunities such as Yahua
Slide 6: AgMR’s Assets
AgMR’s Assets Development Late stage Development Caudalosa Mine & Reliquias Mine & Middle stage Yahuarcocha Veins Caudalosa Plant El Milagro Q1 2025 Early stage Dorita Poetas Carmela Yahuarcocha – High Sulfuration Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 6
Slide 7: Reliquias Block | Two stage development “Stage 1”
Reliquias Block |Two stage development “Stage 1” Stage 1: Restart production in Q1 2025. Reliquias mine resource expansion and process plant recommissioning. Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 7
Slide 8: Stage 1 | Reliquias Mine and Caudalosa Plant Facilities
Stage 1 | Reliquias Mine and Caudalosa Plant Facilities • Paved road access • Tailings dam capacity from Lima, major ports of approximately and commercial airport 750,000 m3 (Ayacucho) • Mining camp with • More than 15 km of dormitories, offices and known veins and 15 ancillary facilities km of full
Slide 9: Stage 1 | Reliquias Mine & Caudalosa Plant re-start
Stage 1 | Reliquias Mine & Caudalosa Plant re-start MILESTONES COMPLETED • Mineral Resources Update NI 43-101 • Phase 1& 2 Infill and mineral resource expansion drilling • Geomechanical modelling and waste dump studies mine rehabilitation • Metallurgical tested • 20 years contract signed with Castro
Slide 10: Metallurgical Tests
Metallurgical Tests RECOVERY (%) • Seven composite samples were sent to C.H. Plenge S.A. (“Plenge”). Previous 2024 • Each composite weighed between 30 and 70kg, totalling 461.5kg between all seven samples. Silver 73% 88% • The composites were collected from the Pozo Rico, Perseguida, Meteysaca, Mata
Slide 11: Stage 1 | Current Mineral Resources Reliquias (Jan24)
Stage 1 | Current Mineral Resources Reliquias (Jan24) Source: Reliquias Mine Technical Report effective date January 2024 Grades Contained Metal Category Mass Silver Gold Zinc Lead Copper AgEq1 Silver Gold Zinc Lead Copper AgEq Kt g/t g/t % % % oz/t Moz Ag Koz Au Mlb Zn Mlb Pb Mlb Cu Moz AgEq Measur
Slide 12: Stage 1 | Reliquias Underground Mine
Stage 1 | Reliquias Underground Mine Exploration Campaign 2023 • 18,532.15 m – 106 DDH total (50 BQ, 11 Packsack and 45 HQ/NQ) • 12,139.95 m underground Drilling HQ/NQ 2023 in 45 Drill Holes to test Sacasipuedes, Natividad, Perseguida, Vulcano, Pasteur. About HQ/NQ campaign: • Sacasipuedes vein dril
Slide 13: Stage 1 | Mine Development and Rehabilitation
Stage 1 | Mine Development and Rehabilitation Fast-tracking the Reliquias Underground mine to production Construction of UG Drilling Chambers Underground Mine Rehabilitation • 15 drilling chambers • Rock scaling & support • Underground ventilation • Water pumping systems Corporate Presentation www.a
Slide 14: Stage 1 | Studies completed
Stage 1 | Studies completed Excecuted Studies carried out and in progress company Geomechanical Study of Reliquias Underground Mine. DCR Ventilation Study of Reliquias Underground Mine. AIREX Geomechanical Study of the Rock Basement of Matacaballo Pit. DCR Study of Backfill del Matacaballo pit. AIRE
Slide 15: Stage 1 | Mine Plan
Stage 1 | Mine Plan Mining Plan: LoM 2024 - 2031 AYA Vein NSR values Legend Mining Phase 2 Mining Phase 4 PER Vein Exploitation areas according to NSR values in the Ayayay and Mining Perseguida veins. Phase 3 Mining Phase 1 Total mine design and layout in each of the mining phases. The four mining
Slide 16: Stage 1 | Social Management
Stage 1 | Social Management We are focused on obtaining land access agreements with all local communities, while we prepare their Development Plans to promote sustainable economic development. We aim to achieve alliances with local authorities to promote sustainable projects focused on local develop
Slide 17: Reliquias Block | Two stage development “Stage 2”
Reliquias Block | Two stage development “Stage 2” Stage 2: Increase resource base and expand production. Brownfield exploration, resource definition and recommissioning of the Caudalosa mine, further exploration at satellite targets. Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL
Slide 18: Stage 2 | Caudalosa Mine and Yahuarcocha Timeline
Stage 2 | Caudalosa Mine and Yahuarcocha Timeline Year 1 Year 2 Year 3 • Basic mine infrastructure • Metallurgical Testing PRODUCTION • Permitting requested for surface drilling RAMP-UP • Initial Mineral Resource Estimate for on the Caudalosa mine (initial permit Caudalosa already in place) • Plant
Slide 19: Stage 2 | Brownfield - Caudalosa Mine
Stage 2 | Brownfield - Caudalosa Mine Historical Mineral Resources Estimate Source: Sociedad Minera Reliquias Grades Contained Metal Category Mass Silver Zinc Lead Copper AgEq Silver Zinc Lead Copper AgEq Kt oz/t % % % oz/t Moz Ag Mlb Zn Mlb Pb Mlb Cu Moz AgEq Inferred 1,549 14.43 2.80 2.79 2.12 24.
Slide 20: Stage 2 | Brownfield - Caudalosa Mine 3D Model
Stage 2 | Brownfield - Caudalosa Mine 3D Model Reinterpretation works in Caudalosa Mine Based on the information that has been found (mapping, geochemistry of channels and drilling, underground working), a new 3D model of the main structures and their tensions has been generated. 20
Slide 21: Brownfields
Brownfields Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 21
Slide 22: Stage 2 | Brownfields exploration
Stage 2 | Brownfields exploration Recompilation and completing the digitization of geological mapping information. Established in terms of lithology, structural and mineralization. Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 22
Slide 23: Stage 2 | Yahuarcocha Au-Cu target
Stage 2 | Yahuarcocha Au-Cu target • One of many brownfields targets in the Reliquias block • 5km northwest of the Reliquias mine area – excellent accessibility • Epithermal breccia and intermediate sulfidation vein target • Never been drilled in the past Corporate Presentation www.agmr.ca | TSXV.AG
Slide 24: Stage 2 | Yahuarcocha Target – High Grade Veins
NE-SW Vein System Stage 2 | Yahuarcocha Target – High Grade Veins • Multiple old workings on intermediate sulfidation Au-Ag mineralized veins. • Salicified structures at the edges of the breccia, with NE-SW, E-W and NW-SE orientation. • Good road access from Reliquias and Caudalosa sites. Corporate
Slide 25: Projects & Prospects
Projects & Prospects Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 25
Slide 26: Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias
Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias • In the altered zone of Yahuarcocha it presents a semicircular area of 1.1 km by 0.8 km due to the premineral, intra and post mineral intrusions that have intruded into the volcanic sequences of the Tertiary Caudalosa formation. • La
Slide 27: Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias
Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias • The area presents alteration of high-sulfidation epithermal type partially eroded, with minerals of pyrophyllite, diaspore, dickite, YAHUARCOCHA ANOMALY muscovite (sericite), kaolinite, illite and tourmaline that demarcate zones of
Slide 28: Projects & Prospects | Dorita Block
Projects & Prospects | Dorita Block Pucasora • 2.5 km x 1.5 km advanced argillic alteration zone with a prominent magnetic low • Alteration typical of high sulphidation epithermal deposits , with extensive zones of alunite, pyrophyllite and dickite alteration with localized vuggy silica zones around
Slide 29: Projects & Prospects | Dorita Block
Projects & Prospects | Dorita Block 466500 467500 468500 CN-19 CN-27 Dorita Block North Dorita Surface channel sampling of Dorita Amanda CN-29 and Dorita North vein structures target CN-37 CN-35 8562500 CN-22 Huancarpusca target Map shows rock geochemistry – gold Pucasora target values Highlights /
Slide 30: Projects & Prospects | Poetas Carmela
Projects & Prospects | Poetas Carmela • Large colour anomaly immediately north of Caudalosa Mine • Advanced argillic alteration over 5 km strike length • Vuggy silica ribs with silver mineralization • Large ground magnetics and IP anomalies • Never been drilled in the past Corporate Presentation www
Slide 31: Projects & Prospects | Poetas Carmela
Projects & Prospects | Poetas Carmela Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 31
Slide 32: Projects & Prospects | El Milagro
Projects & Prospects | El Milagro 1 • 2,500m of underground workings • Approximately 10,000 mts of historical drilling • Historical resource (2009) based on 3 discrete zones: Genoveva 1, Genoveva 2, and El Milagro, all within AgMR concessions • AgMR has staked a total of 5,000 ha in the El Milagro a
Slide 33: THANK YOU
THANK YOU Contact: info@agmr.ca https://www.agmr.ca TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR www.agmr.ca Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 33
Slide 34: Management Team
Management Team Alvaro Espinoza Alejandra Soto Richard Contreras Gustavo Anaya Felicia Castro Cristian Cadenillas Chief Executive Officer Chief Financial Officer Chief Operating Officer Director of Operations Superintendent of Social Legal Manager Management • Senior executive with 22 years of • Str
Slide 35: Board of Directors
Board of Directors Jose Vizquerra Julio Arce Alfredo Plenge Tim Loftsgard Juan Carlos Ortiz Johnny Decooman Chairman Director Independent Director Independent Director Lead Independent Director Independent Director • President & CEO at O3 Mining • Broad experience in the • +25 years experience in th
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