Silver X Mining Corp · TSXV:AGX
Silver X Mining — Investor Presentation (July 2025)
22 slides from Silver X Mining's investor presentation, July 2025
Slide 1: Unlocking Growth in a Large Peruvian Silver District
UNLOCKING GROWTH IN A LARGE PERUVIAN SILVER DISTRICT Corporate Presentation | July 2025 TSX.V: AGX | OTC: AGXPF | FRA: AGX TSX.V: AGX | OTC: AGXPF | FRA: AGX
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS The information in this presentation is in summary form and does not purport to be complete. It is not intended to be This presentation does not constitute a prospectus or public offering for financing, and no guarantees are made or relied upon as advice to investors or potenti
Slide 3: Producing Silver in One of the Largest Underdeveloped Silver Districts in Peru
PRODUCING SILVER IN ONE OF THE LARGEST UNDERDEVELOPED SILVER DISTRICTS IN PERU To consolidate and develop undervalued Silver X assets, creating value by adding resources VISION and increasing production profitably; aspiring to social and environmental excellence. Silver X To be a premier silver comp
Slide 4: Why Silver – A Precious & Industrial Metal
WHY SILVER – A PRECIOUS & INDUSTRIAL METAL Silver is a Critical Material for the Green & Digital Economies Industrial Applications Silver’s electrical conductivity makes it an essential material in digital economy from smart phones and laptops, to battery electric vehicles (BEVs) Green Energy Transi
Slide 5: Peru – A Global Leader in Mining & Silver Production
PERU – A GLOBAL LEADER IN MINING & SILVER PRODUCTION The country is one of the biggest producers of base and precious metals and one of Latin America’s fastest-growing economies. 33M 1.3M km2 3rd Largest country Inhabitants and one of in South America Latin America’s fastest- Area growing economies(
Slide 6: The Silver X Advantage: A Growth Story
THE SILVER X ADVANTAGE: A GROWTH STORY Increasing Production Growing Resources Outstanding Potential ▪ Tangana Mine Unit producing ▪ Robust organic growth pipeline ▪ Silver X boasts a significant at 600 tpd of production, development and land package spanning exploration assets 20,472 hectares ▪ Exp
Slide 7: One of Peru's Most Prolific Silver Districts
ONE OF PERU’S MOST PROLIFIC SILVER DISTRICTS The Nueva Recuperada Property surrounds Endeavour EDR acquired Kolpa for $2.92 per M&I Ag Eq Oz Silver’s Minera Kolpa Project valued up to US$175M AGX currently valued at $0.81 per M&I Ag Eq Oz Kolpa’s projects, including Kolpa’s primary operating area, s
Slide 8: The Nueva Recuperada Project Silver & Gold District
THE NUEVA RECUPERADA PROJECT SILVER & GOLD DISTRICT A 20,472-Hectare Fully Permitted District-Scale Land Package in Central Peru NUEVA RECUPERADA DISTRICT NUEVA RECUPERADA SILVER & GOLD PROJECT Production ▪ Tangana Mining Unit Development ▪ Plata Mining Unit Exploration ▪ Brownfield expansion ▪ Vict
Slide 9: Attractive Geology: Nueva Recuperada Project
ATTRACTIVE GEOLOGY: NUEVA RECUPERADA PROJECT A multi-vein project located in Central Peru containing medium to high-grade of silver-rich polymetallic mineralization 20,472 230 +500 km hectares mining concessions outcrops ▪ The property covers a large area within the Huachocolpa mining district conta
Slide 10: Nueva Recuperada Silver Project
NUEVA RECUPERADA ▪ Oct 2024: MRE updated to 4.3Mt Measured & Indicated, 17.2Mt Inferred SILVER PROJECT ▪ Apr 2023: PEA - Technical Report for the Nueva Recuperada Project, Peru – 3.61 metric tonnes Measured & Indicated, 11.89 metric tonnes Inferred ▪ Jun 2022: Technical Report for the Nueva Recupera
Slide 11: Nueva Recuperada Project: Tangana Mining Unit
NUEVA RECUPERADA PROJECT: TANGANA MINING UNIT The Tangana Mining Unit commenced commercial production in January 2023, with current production focusing on only 10% of the resource Possible new mill Tangana Possible dry-stacked tailings West Tangana Mining Main area (Production) Tangana East Tangana
Slide 12: Tangana: A Multi-Vein Deposit
TANGANA: A MULTI-VEIN DEPOSIT Silver, Gold, Lead & Zinc 720 tpd 1,500 tpd Fully Additional capacity permitted indicated in 2023 PEA1 Tangana Mining Unit Development ▪ Silver X initiated the development of Tangana 1 and 2 veins in late 2021. ▪ Tangana encompasses 966 hectares, showcasing Ag-(Au)-Base
Slide 13: Tangana Brownfield: Keeping the Momentum
TANGANA BROWNFIELD: KEEPING THE MOMENTUM Unlocking Value By Exploring the Rich Vein Diversity of the San Antonio and Positivas Systems San Antonio Vein (Southeastern Half): Positiva Vein System: ▪ Hosted in Carbonate Formations ▪ Area: 2.5 km long by ▪ Moderate to Thick Widths 200 meters wide (2 to
Slide 14: Tangana Mining Unit Pathway to Growth
TANGANA MINING UNIT PATHWAY TO GROWTH Positive PEA results support the Tangana investment with a combined total processing capacity of 1,500 tpd Mineral Resource Upgrade Life of Mine (LOM) ▪ M&I Resources: 3.61 Mt ▪ Life of Mine (LOM): 12 years ▪ Inferred Resources: 11.89 Mt ▪ Capacity 1,500 tpd Bas
Slide 15: Plata Mining Unit (PMU)
PLATA MINING UNIT (PMU) Looking for the High-Grade Strategic Location ▪ 150 km east of Peru’s Pan American highway, easily accessible by paved road Extensive Vein System ▪ 3,829 hectares with 17 surface-exposed mineralized veins ▪ Veins range from 0.6 to 1.0 meters wide, connected to the Chonta and
Slide 16: Outstanding Gold Targets: Victoria & Ccasahuasi
OUTSTANDING GOLD TARGETS: VICTORIA & CCASAHUASI Au (ppm) Terraspec Zoning 0.005 – 0.01 K Alunita Aln-Pyr-Dk 0.01 – 0.05 K Illite Kaolinite 0.05 – 0.10 Kaolinite 0.10 – 0.50 Montmorillonite 0.50 – 1.00 Sílica Cross Section > 1.00 Mg Chlorite TSX.V: AGX | OTC: AGXPF | FRA: AGX 16
Slide 17: Silver X's 1Q25 Production Volume & Financial Highlights
SILVER X’S 1Q25 PRODUCTION VOLUME & FINANCIAL HIGHLIGHTS For the three months ended March 31, 2025. Quarterly Production and AISC per Ag Eq 1Q23 through 1Q25 $5.3M Revenue +10% 1Q25 YoY Revenue 50,000 45,000 30.7 29.7 40,000 27.5 27.8 26.2 35,000 25.4 23.5 23.5 Adjusted EBITDA 30,000 +6% Ore 25,000
Slide 18: Sustainable Development Through Mining
SUSTAINABLE DEVELOPMENT THROUGH MINING Building a legacy in Huancavelica $ 3,100,000 99% in purchase of goods and of water is recirculated in our services from local suppliers. underground operations. 1,136,268 100% silver equivalent ounces compliance with produced in 2023. environmental requirement
Slide 19: The Silver X Advantage: A Growth Story (P/NAV)
THE SILVER X ADVANTAGE: A GROWTH STORY ▪ Tangana Mine Unit producing at 600 tpd Silver X is trading at only Increasing ▪ Expanding to 720 tpd (~2Moz Ag Eq/yr) 0.18x P/NAV Production ▪ Focusing on silver, gold, lead and zinc extraction ▪ New Plata Mine Unit expected to come online in 2026 1.20 1.00 0
Slide 20: Management and Board of Directors
MANAGEMENT AND BOARD OF DIRECTORS Experienced Management and Board - Proven Track Record MANAGEMENT BOARD OF DIRECTORS José M. García | CEO & Director Francis Johnstone | Director Co-founder of predecessor company, Latitude Silver. +12 years as Investment Advisor to Baker Steel +20 years as Mining E
Slide 21: Capital Structure
CAPITAL STRUCTURE ~6% insider ownership with strong institutional support Major SHARE STRUCTURE As of July 8, 2025 Shareholders 9% 6% Market Capitalization $33.4M Institutional Shares Outstanding 222.5M Management Warrants 1 37.5M Retail Options2 6.5M RSU’s 0.5M 85% Fully Diluted 266.9M Note: 1) C$0
Slide 22: Contact Us
CONTACT US Jose Garcia | CEO j.garcia@silverxmining.com Investor Relations & Media ir@silverxmining.com Lima Office Vancouver Office Avenida Santo Toribio 115 Suite 1012 – Oficina 502B 1030 West Georgia St. San Isidro, Lima, 15073 Peru Vancouver, BC V6E 2Y3 Canada www.silverxmining.com @Silver_X_Min