Silver Viper Minerals Corp. · TSXV:VIPR

Silver Viper Minerals — Investor Presentation (September 2022)

27 slides from Silver Viper Minerals's investor presentation, September 2022

  1. Slide 1: La Virginia Project Update

    La Virginia Project Update September 2022

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements CAUTIONARY NOTE TO US INVESTORS The United States Securities and Exchange Commission ("SEC") permits US Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain t

  3. Slide 3: Why Invest?

    Why Invest? 1) High Quality Asset - Exciting Gold/Silver Project in Sonora Mexico – La Virginia - Maiden NI 43-101 resource delivered May 2021 - Shows excellent potential for an open pit heap leach mine followed by underground operations - El Rubi Discovery Zone – now a 43-101 Mineral Resource - El

  4. Slide 4: La Virginia Gold-Silver Project

    La Virginia Gold-Silver Project • Located 220km ENE of Hermosillo, Sonora, consolidated project totals 6,882 hectares in 4 claims and hosts both drilled and undrilled targets • Situated in a largely unexplored portion of the Sierra Madre Occidental, within the northern Sierra Madre precious metal be

  5. Slide 5: La Virginia Project

    La Virginia Project • Identified by Minefinders Corp. during 2007 reconnaissance campaign seeking Dolores-style vein and hydrothermal breccia hosted gold-silver mineralization. • Intensive exploration drilling was completed over the Rubi-Esperanza claims by Minefinders during 2010-2012 until takeove

  6. Slide 6: La Virginia Project – Geological Setting

    La Virginia Project – Geological Setting Silver Viper 50k interp of SGM sterographic images • Underexplored corner of Sonora, Mexican Geological Survey is currently working on the 50:000 geological map sheet containing La Virginia, possibly to be published this year • The 1:50,000 interpretation pre

  7. Slide 7: La Virginia Project 2022 Exploration

    La Virginia Project 2022 Exploration • El Rubi plateau area has been the focus of 2022 exploration work. • Quantec recently completed Deep- El Rubi North Penetrating Magnetotelluric Survey over the plateau area. Preliminary 2D inversions depict numerous anomalies for follow up. 3D inversion delivera

  8. Slide 8: 2022 Magnetotellurics Geophysics Slices

    2022 Magnetotellurics Geophysics Slices Line 0800N El Rubi Deposit Paredones Paredones Target Blind target El Rubi Resource Pit Outline El Rubi Deposit Line 1000N El Molino Paredones Blind targets target Deep target 8

  9. Slide 9: El Rubi Plateau CVG Magnetics with MT grid

    El Rubi Plateau CVG Magnetics with MT grid • Aim of 2022 Magnetotelluric survey to enhance understanding of subsurface geological features as indicated by work over the Rubi plateau • Airborne magnetics flown in 2019 indicate oval shaped anomaly • Surface geological mapping does not explain magnetic

  10. Slide 10: Depth Slices El Rubi Plateau MT Survey

    Depth Slices El Rubi Plateau MT Survey • MT displayed as 2D slices at 300m and 400m depth. Resistivity low corresponding to El Rubi is present. ‘blind’ or buried targets are indicated north and east of El Rubi 300m depth slice 400m depth slice 10

  11. Slide 11: El Rubi Plateau Looking North

    El Rubi Plateau Looking North 11

  12. Slide 12: Exploration Model

    Exploration Model • Low sulphidation epithermal style mineralization present as fracture fill veins, breccias and as broad weak quartz/calcite stockworks. • At El Rubi, gold and silver as electrum often found in association with silver sulphides, minor native silver and varying levels of sphalerite

  13. Slide 13: Mineralized Breccia – LV21-309 302m

    Mineralized Breccia – LV21-309 302m Example of breccia-hosted polymetallic mineralization, resembling a carbonate base metal, Au-style intrusive related epithermal system. Paragenesis of the metallic minerals present is shown above. LV21-309 302 – 302.5 metres 2.10 g/t gold 692 g/t silver 1.83% copp

  14. Slide 14: El Rubi - Discovery

    El Rubi - Discovery • Mineralization is structurally controlled by regional NNW trend. Interpreted as fault offset continuation of Las Huatas/La Virginia mineralized trend. • Discovery located 2.5 kms north of the main area of historical exploration by Pan American Silver and Minefinders. • Discover

  15. Slide 15: El Rubi - Drilling Highlights

    El Rubi - Drilling Highlights Estimated Ag Equiv Au Equiv HOLE From (m) To (m) Interval (m) True Width Ag (g/t) Au (g/t) • High grade assays in most recent drilling include: (g/t) (g/t) (m) EL RUBI LV18-201 27 40.3 13.3 6 228 3.16 449 6.42 and 32 33 1 0.45 782 8.3 1363 19.47 LV18-204 incl 92 94 95 9

  16. Slide 16: La Virginia Project – El Rubi Drilling showing Whittle pit shell outline

    La Virginia Project – El Rubi Drilling showing Whittle pit shell outline N A A’ N 0 500 Metres NAD27, Zone 12 16

  17. Slide 17: 2021 Mineral Resource Estimate

    LiDAR Digital Elevation Model showing Whittle pit shells for the 2021 Mineral Resource Estimate El Rubi 2021 Mineral Resource Estimate Capped Capped Deposit Method Class Tonnes Au Oz Ag Oz Au (g/t) Ag (g/t) El Rubi Open pit Indicated 6,179,000 0.78 35 154,300 6,928,900 Total Open Pit Indicated 6,179

  18. Slide 18: LiDAR Digital Elevation Model showing Whittle pit shells

    LiDAR Digital Elevation Model showing Whittle pit shells for the 2021 Mineral Resource Estimate May 201 Mineral Resource Estimate El Rubi El Oriental Long section showing El Rubi pit shell with underground blocks >1.4g/t gold OR 106 g/t silver Con Virginia Las Huatas Las Huatas Sur Long section show

  19. Slide 19: Plan View A-A'' Section Looking North

    PLAN VIEW A-A’’ SECTION LOOKING NORTH (window +/- 25m) 18m averaging 95g/t Ag, 1.06g/t Au 13.3m averaging 228g/t Ag, 3.16g/t Au 9 m averaging 25g/t Ag, 0.41g/t Au 3 m averaging 1g/t Ag, 5.43g/t Au 8m averaging 101g/t Ag, 1.45g/t Au 10 m averaging 32g/t Ag, 0.51g/t Au 31m averaging 12m averaging 32g/

  20. Slide 20: Plan View B-B' Section

    PLAN VIEW B-B’ SECTION LOOKING TOWARD 060 (window 140m toward, 85m away) With Whittle Pit Outline – May 2021 0 100 metres 20

  21. Slide 21: El Rubi Preliminary Metallurgical Test Work

    El Rubi Preliminary Metallurgical Test Work • Bottle roll tests were conducted on four 500g composites. • Initial round was designed as a simple test to confirm amenability to conventional treatment methods. • Analyses detected nugget gold effect in high grade sample LV-MET-002. • Recoveries ranged

  22. Slide 22: Management & Directors

    Management & Directors Silver Viper’s management team, is part of the Belcarra Group, is an organization comprised of technical and capital markets professionals in the mining industry. Our model focusses on exploration and as such can draw on the knowledge of our 4 in- house senior geologists with

  23. Slide 23: Share Structure

    Share Structure Capital Structure Silver Viper Minerals Corp. Shares Outstanding 102.26M TSX.V Listing VIPR Warrants (exercise price $0.52) 9.93M OTCQB Listing VIPRF Options (average price $0.47) 7.65M Current Price $0.18 Fully Diluted Shares 119.80M Notable and Major Shareholders Research Coverage

  24. Slide 24: La Virginia Project - Environmental

    La Virginia Project - Environmental ▪ Recycling system. ▪ Safe recycling and profesional disposal of used oil. ▪ Compost system. ▪ Water recirculation system for use in the camp restrooms. ▪ Donation of 25 garbage cans, distributed in Nacori Chico. ▪ Drilling water recirculation system. 24

  25. Slide 25: La Virginia Project - CSR

    La Virginia Project - CSR ▪ Mother´s day gift donations. ▪ Children´s day gift donations. ▪ Video projector equipment donation to the local elementary school. ▪ Donation of COVID-19 medication and PPE to the local clinic. ▪ Defibrillator equipment donation. ▪ Local baseball league uniform donation.

  26. Slide 26: In Summary

    In Summary ✓High Quality Asset - historic work and database ✓Mining Friendly Jurisdiction – Mexico’s top gold producing state ✓Management and Technical Team - history of making discoveries and delivering value ✓Blue Sky Potential – expanding El Rubi discovery and testing new targets ✓Strong Sharehol

  27. Slide 27: Contact Us

    Contact Us Silver Viper Minerals Corp Suite 300 - 1055 W. Hastings St. Vancouver, BC Canada V6E 2E9 (604) 687-8566 (604) 687-6365 info@silverviperminerals.com www.silverviperminerals.com 27

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