Slide 1: El Quevar Project
A Pure Silver Company El Quevar Project JANUARY 22, 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: Latin America 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 n
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: Built To Succeed
Built To Succeed TSX.V: AGAG argentasilver.com 5
Slide 6: Company Timeline
2026 Company 10X MARKET CAP C$300M Timeline RETURN ON INVESTMENT C$200M 2024 2025 C$100M C$50M $22M Bought Deal 6
Slide 7: 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 8: Infrastructure for Success
Infrastructure Internal for Success • Ready-to-use camp for 100 workers. • Over 60kms of internal roads (high construction cost). • Over 400 drillholes (100,000 meters drilled). • 1,250-meter underground decline ramp. • Multiple onsite generators. • Core logging facilities. • Multiple buildings, war
Slide 9: Fully Operational Site
[real aerial picture] Fully Operational Provincial road Site 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 10: Strategically Located for Success
Solar Farm Solar Farm Salta Quevar North Strategically Camp Located for Success • Pocitos Quevar South • 100% owned land package of 57,000 hectares, covering the majority of the El Quevar Volcanic Complex. • Located along a world-class continental structural corridor, Azufre home to giant copper ± g
Slide 11: 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 12: 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 13: High-grade, Low-tonnage Silver
High-grade, El Quevar Indicated Resource 2.93 Mt containing 45.3 Moz of silver at 482 g/t Ag. 1 Low-tonnage Silver El Quevar Project EXISTING RESOURCE AT MAIN DEPOSIT: YAXTCHE (1) Source: Refer to NI43-101 technical report with effective date of September 30, 2024, titled “NI 43-101 Technical Report
Slide 14: Outstanding Past Drilling, New Multiple Targets
N Historical consistent multiple high-grade intercepts El Quevar claim Outstanding Past Drilling, New Multiple Targets Highlighting Exceptional, High-Grade Pure Silver Results TSX.V: AGAG argentasilver.com Intervals shown are core length. Estimated true widths vary between 60 o 85% of core reported
Slide 15: High Grade Pure Silver Intercepts
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 16: Overlooked Added Value
N Gold intercepts in deeper drillholes (historical drilling) El Quevar claim Overlooked Added Value Historical drilling has identified gold mineralization beneath the silver zones, occasionally overlapping with areas of economically silver mineralization. TSX.V: AGAG argentasilver.com Intervals show
Slide 17: Untapped Potential
Untapped Historical soil information showing regional untapped potential for Silver and Potential Gold, evidence of a much larger system. TSX.V: AGAG 17
Slide 18: 2025 Completed Drill Program
2025 Completed Drill Program QVD-421 4,244 meters completed for the QVD-422 2025 Winter Drill Program • Successful Step-Out testing continuity • Successful Resource Expansion Drilling testing the potential addition of mineralization. • New exploratory targets tested based on sound technical evidence
Slide 19: 2025 Drill Results
QVD-412 2025 Drill 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 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 20: 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 21: 2025 Exploration Drill Results
2025 EXPLORATION QVD-418 & QVD-417 Anomalous silver values DRILL RESULTS QVD-416 314 g/t Ag over 2.00m (38.0 to 40.00m) and anomalous silver values QVD-421 & QVD-422 Multiple anomalous silver values, including long intercepts (>100 m) QVD-411B 263 g/t Ag over 35.00m (294.00 to 329.00m) Including 425
Slide 22: What is the Meaning of These Results?
2025 Drill Results WINTER 2025 DRILL PROGRAM RESULTS What is the Meaning of These Results? The CONFIRMATION DRILLHOLES are helping the technical team to observe fresh core from the Resource area. These holes are also confirming the high grade and the continuity of it. The SUCCESSFUL STEP-OUT DRILLHO
Slide 23: 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 23
Slide 24: One Year In Numbers
• Minor Infrastructure Upgrades to Camp • ~ 8km of Roads Rehabilitated One • 24,500 meters of Pre-existing Resource DDH Re-Logged • 4,255 meters of Pre-Existing Exploration DDH Re-Logged Year In • 25 historical DDH (equal to 850 meters) Re-Sampled Numbers • • 6,000 Historical DDH plus, New Surface S
Slide 25: Exploration Plan
2025-2026 40% RESOURCE EXPANSION Exploration Plan DUAL APPROACH 60% NEW DISCOVERIES 2024 2025 2026 NOVEMBER - APRIL MAY - OCTOBER NOVEMBER - APRIL MAY - OCTOBER Phase 1 of Foundational Program. Phase 2 of Foundational 12 – 15.000 mts DDH* 7 - 10.000 mts DDH* Camp and Road alignment. Program. Data Ba
Slide 26: Work Area
2025-2026 Work Area Work during the 2025-2026 Summer Program (Dec-Apr) is intended to follow up existing targets and to explore new areas toward Quevar South TSX.V: AGAG 26
Slide 27: Expenditure
Argenta Silver Corp. Forecasted Consolidated Budget (Canada + Argentina) – CAD$ Preliminary Exploration Budget Estimated for 15,000 meters of Drilling + Surface Work + Geophysics + Metallurgy * * * * * * * * * Estimate forecasted. Expenditure Drilling Peak of Season First Cold Winter Season Commence
Slide 28: Capital Share Structure
Capital Share TSX.V: AGAG OTCQX: AGAGF FRA: T1K Structure ~C$ 242 M Market Capitalization @ C$ 0.84 (undiluted) ~C$ 277 M Market Capitalization @ C$ 0.84 (fully diluted) ~13% High Net Worth Issued & Outstanding ~15% Institutional Common Shares 287,864,377 Stock Options 13,438,000 ~51.5% Warrants 28,
Slide 29: Leadership
Leadership Management, Advisors, & Directors Joaquin Marias Aaron Triplett Vanessa Bogaert President, CEO Chief Financial VP Investor Relations & Director Officer & Communications Michelle Borthwick Diego Mendilaharzu Guillermo Peralta Willem Middelkoop VP Corporate Affairs & Argentina Legal Rep. &
Slide 30: Local Support & Diversity
Local Support & Positive engagement with Diversity Indigenous and Government leaders in Salta Province. 90% of contracted services are from Salta. 80% of our workforce is from Salta. >45% of our workforce is from Local Communities. 5-to-6 ratio of women/men “Argenta is our example for mining compani
Slide 31: Argentina is Open for Business
Argentina is Open for Business Under President Javier Milei, Argentina is attracting foreign direct investment after years of market isolation. Strengthened institutions have positioned Argentina as a key opportunity in South America. New regulations supporting natural resource industries, and inves
Slide 32: Silver Today for Tomorrow
Silver Today for Tomorrow Silver demand is rising, boosting price performance. Strong demand from the photovoltaic industry. Immediate need for next-gen silver batteries. Prices climbing due to geopolitical concerns. Silver remains undervalued compared to gold. M&I Inf Total Resources Resources Rese
Slide 33: Investment Overview
Investment Overview High-Grade, Low-Tonnage Attractive Valuation & Acquisition Expansion and Mineralization at a Fraction of Value Growth Potential Single deposit containing a pure silver Market cap of >C$205M with ~C$22.5M in Positioned for growth in a rising silver resource of 45.3 Moz @ 482 g/t A
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Slide 35: El Quevar Project
A New Force in Silver’s Future 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 | +1 604 7217773