Silver Mountain Resources, Inc. Class A · TSX:AGMR
Silver Mountain Resources, Inc. Class A — Investor Presentation (July 2025)
21 slides from Silver Mountain Resources, Inc. Class A's investor presentation, Jul 23, 2025
Slide 1: Silver Mountain Resources Corporate Presentation
SILVER MOUNTAIN RESOURCES CORPORATE PRESENTATION / MAY 2025 TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR CORPORATE PRESENTATION | 1
Slide 2: Disclaimer
DISCLAIMER IMPORTANT – YOU MUST READ THE FOLLOWING BEFORE CONTINUING “Qualified Person” within the meaning of NI 43-101. All technical information related to the Reliquias subsequent periods. Although the Company has attempted to identify important risks and factors that The information contained in
Slide 3: Location
LOCATION The Castrovirreyna Project is strategically located in the Huancavelica Region of Central Peru. It consists of three mineral concession blocks hosting silver- rich, polymetallic veins and gold-rich breccias. AgMR plans to re-start production at the Reliquias underground mine and aggressivel
Slide 4: Investment Overview
INVESTMENT OVERVIEW High-Grade & Low-Tonnage(1) Key Asset Advantage Near Term Production The Reliquias Mine's resource est. incl.: Owns significant existing Silver Mountain infrastructure at the site, including Resources is expecting SIZE GRADE a 2,600 tonnes per day processing 2.5 Moz AgEq per year
Slide 5: Large Resources With Room to Grow Further
LARGE RESOURCES WITH ROOM TO GROW FURTHER The Reliquias Project offer potential for 28.9 significant resource expansion through future drilling, possibility of extending known vein systems along strike and at depth. Numerous outcropping veins within the large 60,000-hectare land package remain large
Slide 6: Organic Growth
ORGANIC GROWTH A STAGED APPROACH TOWARD GROWTH Aims for growth and profitability while emphasizing advanced exploration and sustainable mining practices. Near Term Production Advanced Exploration Production Upside Exploration Projects Reliquias Mine Caudalosa Mine Yahuarcocha Target Dorita, El, Mila
Slide 7: Reliquias Project
RELIQUIAS PROJECT Priority Targets Reliquias Mine : A polymetallic project with high-grade silver. Positioned strategically in a resource-rich area. Stage: Advanced Caudalosa Mine : Previously operated mine with historic resources. Stage: Advanced Yahuarcocha Target: A large hydrothermal breccia pip
Slide 8: Targeting Production
TARGETING PRODUCTION 2025 1H 2026 Initiating of Mining Operations Commercial Production Targeting to begin operations second half of 2025, which we Commercial production (concentrate anticipate will be a significant milestone in our operational timeline. production) expected in the first half of 202
Slide 9: Reliquias Mine PEA Highlights - Economics
RELIQUIAS MINE PEA HIGHLIGHTS - ECONOMICS US$25M ±2.5Moz AgEq US$63M Initial Capex Avg. Annual Production Net Present Value US$17 US$14M >2.5 x AISC US$/Oz AgEq Average Annual Free NPV to Capex Ratio Cash Flow TSXV: AGM MRR || O TT C CQQB B :: A AGGM MRR FF || B BVV LL :: AA G GMM RR C O R P O R A T
Slide 10: Exceptional Economics Drive Cashflow & Fast Payback
EXCEPTIONAL ECONOMICS DRIVE CASHFLOW & FAST PAYBACK NPV, IRR & Payback at Different Prices Production & Free Cash Flow / Year 68% FCF (US$) 2.5 US$86M 51% NPV US$63M 33% NPV US$40M NPV 1,921/oz Au 1,921/oz Au 1,921/oz Au Please see the Technical Report for additional information. TSXV: AGMR | OTCQB:
Slide 11: Reliquias Mine Resources
RELIQUIAS MINE RESOURCES Value Distribution Holding more than 12.2 Moz of silver plus significant amounts of base metals at the Reliquias Mine.1 Copper Gold 5.8% Category M&I Inferred Value 7.2% Tonnes 1,311 1,758 kt Silver 4.25 3.99 oz/t Lead Silver Gold 0.41 0.42 g/t 17.9% 42.9% Lead 2.02 1.80 % Z
Slide 12: Reliquias Project Upside Potential
RELIQUIAS PROJECT UPSIDE POTENTIAL Reliquias Underground • Potential mineral resources distributed over 10 veins. • Excellent mineral upside and life of mine potential. Caudalosa - Poetas Corridor • About 3.5 strike-length mineralized corridor with at least six veins with silver-rich historic minera
Slide 13: Caudalosa Mine Historic Resource
CAUDALOSA MINE HISTORIC RESOURCE Value Distribution More than 22.3 Moz of high grade silver plus significant amounts of base metals remain in historical resources at the Caudalosa Mine. Lead Category Inferred Value 10.6% Tonnes 1,549 kt Zinc 9.9% Silver 449 g/t Lead 2.79 % Zinc 2.80 % Silver Copper
Slide 14: Reliquias Project General Infrastructure
RELIQUIAS PROJECT GENERAL INFRASTRUCTURE Underground Mine well-equipped and fully-permitted mining venture, strategically supported for success. Comprehensive infrastructure includes: ✓ A reliable power supply line. Offices and camp ✓ Efficient water supply system. ✓ Fuel storage. ✓ Essential suppor
Slide 15: Reliquias Project Mine Infrastructure
RELIQUIAS PROJECT MINE INFRASTRUCTURE Underground Mine well-equipped and fully-permitted mining venture, strategically supported for success. Reliquias Underground Mine features advanced systems including: Mine opening Compressor ✓ Ventilation. ✓ Water pumping. ✓ Secure explosives storage. ✓ Modern
Slide 16: Infrastructure Concentrator & Tailings
RELIQUIAS PROJECT INFRASTRUCTURE CONCENTRATOR & TAILINGS Underground Mine well-equipped and fully-permitted mining venture, strategically supported for success. Concentrator Plant Infrastructure Production is set to begin after refurbishing and commissioning the existing flotation plant. The polymet
Slide 17: Mine Plan & Treatment
MINE PLAN & TREATMENT PLAN VIEW BY ZONES ZONE 6 PER ZONE 5 MTS - W ZONE 7 ZONE 1 AYA - W MTS - E ZONE 8 ZONE 2 VUL SOR ZONE 3 PAS SCS - W1 BEA AYA - E ZONE 4 SCS - W2 MTC- W1 MTC - E PZR ZONE 9 MTC - W2 ZONE 12 SCS - C ZONE 13 ZONE 11 SCS - E1 SCS - E2 SCS - E3 ZONE 10 NAT TSXV: AGM MRR || O TT C CQ
Slide 18: Yahuarcocha
YAHUARCOCHA Potential for copper porphyry targets at depth. TARGET HIGHLIGHTS Greenfields Opportunities Beyond The Reliquias Mine Several breccia events identified to date. Reliquias Block consists of over 20,000 hectares of highly prospective mineral concessions surrounding the Reliquias and Caudal
Slide 19: Market Stats & Capital Structure
MARKET STATS & CAPITAL STRUCTURE 5.1% 2.0% Shares Outstanding 24.7M Stocks Options 1.5M 3.5% Warrants 8.95M Compensation Options 0.2M Insiders 25.7% Market Capitalization C$ 23.5 M Other Cash Position C$ 4.3 M 63.7% Stock Options: 0.2M at US$4.5, 0.1M at C$7.5, 0.2M at C$5.7, 0.5M at C$1.5 and 0.5M
Slide 20: Board of Directors & Management Team
BOARD OF DIRECTORS & MANAGEMENT TEAM Executive Management Directors Alvaro Espinoza, Chief Executive Officer Jose Vizquerra, Chairman Alfredo Plenge, Independent Director Senior executive with 22 years of corporate experience and +16 years Former President & CEO at O3 Mining. Former Exc. VP of +25 y
Slide 21: Silver Mountain Resources
SILVER MOUNTAIN RESOURCES WWW.AGMR.CA TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR CORPORATE PRESENTATION | 21
Silver Mountain Resources — Investor Presentation (July 2025) on 6ix