Silver X Mining Corp · TSXV:AGX
Silver X Mining — Investor Presentation (April 2025)
21 slides from Silver X Mining's investor presentation, April 2025
Slide 1: Unlocking Growth in a Large Peruvian Silver District
UNLOCKING GROWTH IN A LARGE PERUVIAN SILVER DISTRICT Corporate Presentation | April 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 profitably from our projects, or at all. The presentation is being disclosed to the reader for the reader’s discussion, relied upon as advice to investors or po
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: 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 Tangana Mining Unit Currently in Producti
Slide 8: 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 9: 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 10: 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 11: 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 12: 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 13: Tangana Mining Unit Pathway to Growth
TANGANA MINING UNIT PATHWAY TO GROWTH Positive PEA results support increase in production and processing capacity to 2,200 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 Based on 5.75 Mt inve
Slide 14: 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 15: 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 15
Slide 16: Silver X's Q3 2024 Production Volume & Financial Highlights
SILVER X’S Q3 2024 PRODUCTION VOLUME & FINANCIAL HIGHLIGHTS For the three months ended September 30, 2024. Quarterly Production and AISC per AgEq 4Q 2022 through 3Q 2024 $5M Revenue +139% 50,000 3Q 2024 YoY Revenue 45,000 30.7 40,000 27.8 23.5 26.2 35,000 25.4 23.5 19.2 30,000 21.5 Adjusted EBITDA +
Slide 17: 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 processed in 2023. environmental requiremen
Slide 18: 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 AgEq/yr) 0.23x P/NAV Production ▪ Focusing on silver, gold, lead and zinc extraction ▪ New Plata Mine Unit expected to come online in 2026 1.00 0.94 0.
Slide 19: 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 BSRT, London Stock +20 years as M
Slide 20: Capital Structure
CAPITAL STRUCTURE ~6% of insider ownership with strong institutional support Major As of March SHARE STRUCTURE 13, 2025 Shareholders 9% 6% Market Capitalization $42.3M Institutional Shares Outstanding 222.5M Management Retail Warrants 1 46.3M Options2 5.9M RSU’s - 85% Fully Diluted 274.7M Note: 1) C
Slide 21: 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