Slide 1: Focused on High and Low-Sulfidation Silver & Gold – Niñobamba, Ayacucho, Peru
I N V E S T O R P R E S E N T A T I O N – Q 3 2 0 2 6 FOCUSED ON HIGH AND LOW- SULFIDATION SILVER & GOLD – NIÑOBAMBA, AYACUCHO, PERU Magma Silver Corp. is a Canadian precious metals exploration company focused on developing the low and high sulfidation Niñobamba silver-gold project in Peru with silv
Slide 2: Disclaimer
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 2 MA G MA SIL VER C O R P . Disclaimer This presentation does not constitute a prospectus or public offering for financing and no guarantees are made or implied regarding the success of Magma Silver Corp.’s (“Magma” or
Slide 3: Why Invest?
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 3 Proxy to Silver Over $14.5M CAD invested in Price Exploration to date As one of the few The Niñobamba Project hosts significant primary silver silver and gold mineralization across projects Magma’s three key zones, w
Slide 4: Management and Board
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 4 J. Stephen Barley Jason Baker Arndt Roehlig Michael Townsend Chairman & CEO CFO & Corporate Secretary Independent Director Director 40 years of experience in public Senior Associate at Altus Capital Mr. Roehlig is an
Slide 5: Share Structure
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 5 Share Structure as at September 8, 2026 Shares Issued and Outstanding 83,624,180 Warrants (expiring April 15, 2027, and May 27, 2027 @ 0.20) 5,115,575 KEY VALUE DRIVERS Warrants (expiring October 23, 2028 @ 0.25) 18,
Slide 6: Niñobamba Project Historic Exploration
6 NIÑO B A MB A P R O J ECT Over Historic $14.5M CAD Exploration Spent on Exploration by Anglo Gold, Bear Creek, Newmont and Rio Silver 2000 2002 2007 2008 2011 2016 2025 Joramina Rio Silver Newmont AngloGold Bear Creek and Newmont subsequently completes Magma Randypata Niñobamba completed acquired
Slide 7: Company Overview
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 7 Company Overview Magma Silver Corp. is a Canadian exploration company focused on its flagship Niñobamba Project. The project spans an 8 km mineralized corridor in a prolific geological belt. Extensive exploration by
Slide 8: Mining in Peru: Stability, Scale & Opportunity
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 8 MINING IN P ER U Stability, Scale & Opportunity STABLE, PRO-MINING JURISDICTION Peru has a long-standing mining tradition and is one of the world’s top destinations for mining investment due to its stable macroeconom
Slide 9: Location
9 NIÑO B A MB A P R O J ECT Location Situated less than 500 km southeast of Lima in Ayacucho, Peru, (7 hr drive) the Niñobamba Project enjoys excellent infrastructure, including proximity to highways, the power grid, water and the support city of Ayacucho with daily flights to Lima. SELECTIVE HIGH-S
Slide 10: Concessions
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 10 NIÑO B A MB A P R O J EC T Concessions • Niñobamba is located less than 500 km south- southeast of Lima, within the Ayacucho region, and is just 45 minutes from the city of Ayacucho, which offers daily flights to Li
Slide 11: Regional Concessions Map
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 11 Regional Concessions Map BHP 46,000m Drill Permit 9 kms from Magma west boundary Magma only non major on trend
Slide 12: Main Zone
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 12 NIÑO B A MB A P R O J ECT Main Zone NORTH ZONE SOUTH ZONE • Two distinct high sulphidation gold dominate • Low sulphidation silver mineralized zones exposed over 400 m strike, dominate zones open in both directions
Slide 13: High-Sulphidation
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 13 NIÑO B A MB A P R O J ECT High-Sulphidation HIGH-SULPHIDATION DEPOSIT TYPE • High-sulfidation (HS) gold systems form a vertical continuum, transitioning from shallow epithermal settings to deeper porphyry Cu-Au depo
Slide 14: Main Zone – Conceptual Model
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 14 NIÑO B A MB A P R O J ECT Main Zone – Conceptual Model Schematic Cross-section Relation between the Alteration and • Vuggy Silica identified during Rio Silver Trenching Programs Mineralization Styles at the South an
Slide 15: Joramina Zone
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 15 NIÑO B A MB A P R O J ECT Red Cliff Joramina Zone • September 2025 Samples: 0.50 g/mt to 14.56 g/mt Au and 0.60 oz/mt Ag to 10.59 oz/mt Ag averaging 5.32 g/mt gold and 4.81 oz/mt silver. • October 2025 Phase 2 Resul
Slide 16: Main Zone Exploration Targets
16 16 N I Ñ OBA MBA P ROJECT Main Zone Exploration Targets
Slide 17: Silver Gold Project Summary
NIÑO B A MB A P R O J ECT Main Zone – Looking NE Silver Gold Project Summary LARGE-SCALE ASSET The project spans 4,100 hectares, hosting significant silver and gold mineralization across three key zones: Main, Randypata, and Joramina. EXTENSIVE EXPLORATION HISTORY Over $14.5M CAD invested in drillin
Slide 18: Contact Us
I N V E S T O R P R E S E N T A T I O N – Q 3 2 0 2 6 CONTACT US Stephen Barley, Chairman & CEO 604-252-2672 Stephen.barley@magmasilver.com Jason Baker, CFO & Corporate Secretary 604-252-2672 info@magmasilver.com Head Office Lima Office Suite 750 Calle Los Tulipanes 147, oficina 701 1095 West Pender
Slide 19: Silver Price Chart (6 Months)
19 19 A P P EN DI X 1 Silver Price Chart (6 Months)
Slide 20: Gold Price Chart (6 Months)
20 20 A P P EN DI X 2 Gold Price Chart (6 Months)