Silver X Mining Corp · TSXV:AGX
Silver X Mining — Investor Presentation (August 2024)
25 slides from Silver X Mining's investor presentation, August 2024
Slide 1: Growing Silver Producer for the New Energy Transition
Growing Silver Producer for the New Energy Transition Investor Presentation August 2024 TSX.V: AGX | OTC: AGXPF | FRANKFURT: AGX TSX.V: AGX | OTC: AGXPF | FRANKFURT: 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 relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particul
Slide 3: Producing Silver in One of the Largest Underdeveloped Silver Districts in South America
PRODUCING SILVER IN ONE OF THE LARGEST UNDERDEVELOPED SILVER DISTRICTS IN SOUTH AMERICA To consolidate and develop undervalued Silver X assets, creating value by adding resources and increasing production; aspiring to social VISION and environmental excellence. Silver X To be a premier silver compan
Slide 4: Why Silver X?
Why Silver X? Situated in a Tier 1 Mining Jurisdiction in South America Nueva Recuperada Situated on a Growth Pipeline, Project, Peru Prolific District Increasing Resources ▪ Silver X Flagship Asset: a substantial ▪ Production Commenced in early YoY Resource Improvement Estimates: asset spanning ove
Slide 5: Peru – A Significant Silver Producing Country
Peru – A Significant Silver Producing Country Silver is Concentrated in South America 56% 55M Oz Ag/yr of global silver usage is attributed to is currently consumed by the green technologies, encompassing automotive sector, with this figure electric vehicles and solar panel expected to rise to 90 mi
Slide 6: Why Silver – A Precious and Industrial Metal
Why Silver– A Precious and Industrial Metal Silver is a Key Component to the Green and Digital Economies Industrial From smart phones to electric vehicle production to laptops and other technologies, silver is in demand for its electrical conductivity. Medical Nano silver has become the go-to soluti
Slide 7: Silver X Mining Projects
Silver X Mining Projects Fully Permitted and Commenced Production in January 2023 NUEVA RECUPERADA PROJECT Production Tangana Mining Unit Development Plata Silver Mining Unit Exploration Tangana Brownfield Plata Brownfield Victoria HS Gold Red Silver CORIORCCO GOLD PROJECT Silver X Property Huancave
Slide 8: Silver X's Q1 2024 Production Volume & Financial Highlights
Silver X’s Q1 2024 Production Volume & Financial Highlights Production ramp up continuing to 720 tpd nameplate capacity 50,000 44,795 $4.8M +4% YoY 45,000 40,271 $33.50 $29.76 in revenues for the three months ended on March 31, Revenue 40,000 $30.03 35,392 37,903 for the three months ended on 34,299
Slide 9: Asset Overview: Nueva Recuperada Project
Asset Overview: Nueva Recuperada Project Located in Central Peru ▪ A multi-vein precious metals project, covering 230 mining concessions within +20,000 hectares, located in Central Peru, containing medium to heigh-grade of silver-rich polymetallic mineralization, in +500 km of outcrop veins. ▪ The p
Slide 10: Nueva Recuperada Silver Project: Mineral Resource Estimate
Nueva Recuperada Silver Project Mineral Resource Estimate ▪ Feb 2021: Technical Report for the Nueva Recuperada Project, Peru – 7.4 tonnes Inferred Resources ▪ Jun 2022: Technical Report for the Nueva Recuperada Project, Peru – 0.85 tonnes Measured & Indicated, 14.9Mt Inferred Resources ▪ Apr 2023:
Slide 11: Nueva Recuperada Project: Mineralization & High-Grade Targets
Nueva Recuperada Project: Mineralization & High-Grade Targets Tangana Mining Unit: Encompasses over 100 veins across an expansive area exceeding 6,500 hectares. ▪ 2023 PEA: Inferred Resources of 9,083,261 tonnes @1.18m @ 2.52 ozAg, 1.91% Pb, 1.84% Zn for 8.01 Ag Eq oz/t. ▪ M&I Resources of 3,428,141
Slide 12: Nueva Recuperada Project: Tangana Mining Unit
Nueva Recuperada Project: Tangana Mining Unit Tangana at commercial production (current production focused on 10% of the resource) New mill Dry-stacked tailings Tangana West Tangana Main (Production) Tangana East Mining area 10.5 km Tangana West Tangana Main Tangana East ▪ High grades, 3 main struct
Slide 13: Tangana: A Multi-Vein Deposit
Tangana: A Multi-Vein Deposit Silver, Gold, Lead & Zinc TANGANA Mining Unit Development (2021 - Present): ▪ Silver X initiated the development of Tangana 1 and 2 veins in late 2021. ▪ Tangana encompasses 966.01 hectares, showcasing Ag-(Au)-Base Metals mineralization in intermediate sulfidation epith
Slide 14: Tangana Mining Unit
Tangana Mining Unit Exploitation Phase of Tangana Vein 1 and Projected Infill Drilling Campaign for Silver Resource Expansion Tangana Vein 1 Tangana Vein 2 ▪ Estimated Inferred Resource: 11,569,584 tonnes grading 86.15 g/t Ag, Near-Term Development: Silver X is strategically planning mine developmen
Slide 15: Tangana Mining Unit: Brownfield Exploration
Tangana Mining Unit: Brownfield Exploration Exploring the Rich Vein Diversity: San Antonio and Positivas Systems San Antonio Vein (Southeastern Half): Positiva Vein System: ▪ Hosted in Carbonate Formations ▪ Area: 2.5 km long by 200 meters wide ▪ Moderate to Thick Widths ▪ Tensional Veins in a Dilut
Slide 16: Tangana Mining Unit Pathway to Growth
Tangana Mining Unit Pathway to Growth Tangana Mining Unit Expansion PEA ▪ Upgraded Mineral Resources to 3.61Mt of M&I Resources from 0.98 tonnes in the 2022 Mineral Resource Estimate and 11.89 tonnes of Inferred Resources from 14.94 tonnes with a new resource block model, representing 4X growth in M
Slide 17: Tangana Mining Unit – Preliminary Economic Assessment (PEA)
Tangana Mining Unit – Preliminary Economic Assessment (PEA)* Positive PEA Results support Silver X’s vision to increase production and processing capacity to 2,200 tonnes per day (tpd) Parameter Units Values Initial Capital Expenditure USD Million Pre-Tax $ Million 227 Mine $10.9 Net Present Value (
Slide 18: Nueva Recuperada Project: Plata Mining Unit
Nueva Recuperada Project: Plata Mining Unit Silver, Lead & Zinc ▪ Location & Infrastructure: Positioned 150 km east of Peru’s Pan American highway in the Lircay district, its accessibility is facilitated by a paved road, followed by a 34 km dirt road. ▪ Multiple Veins: Covering 3,829 hectares, Plata
Slide 19: Delivering and Building a Robust Growth Pipeline
Delivering and Building a – Robust Growth Pipeline Pathway to potential production of ~6M oz AgEq by 2026 at Nueva Recuperada District* Exploration Development Production Nueva Recuperada Plata Mining Unit Tangana Mining Unit ▪ Red Silver ▪ Ccasahuasi (gold target) > ▪ High-grade system with potenti
Slide 20: Unlocking Resource Value at Nueva Recuperada Silver District
Unlocking Resource Value at Nueva Recuperada Silver District Enhancing Production Capacity and Expanding Operations for Sustainable Growth ▪ Commenced production from ▪ Achieved Commercial Production ▪ Tangana Mining Unit Expansion: PEA targets a 3X Tangana Mining Unit ▪ Published first PEA for Nuev
Slide 21: Sustainable Development through Mining
Sustainable Development through Mining Silver is Concentrated in South America $ 2,700,000 99% in purchase of goods and services of water is recirculated in our from local suppliers. underground operations. 1,192, 478 100% silver equivalent ounces processed. compliance with environmental requirement
Slide 22: Leadership Team
Leadership team Experienced Team with Proven Track Records Management Board of Directors José-M García | Interim Chairman, CEO & Director Francis Johnstone | Director Co-founder of predecessor company, Latitude Silver. +12 years as Investment Advisor to BSRT, London Stock +20 years as Mining Enginee
Slide 23: Capital Structure
Capital Structure ~25% of insider ownership with strong institutional support SHARE STRUCTURE As of June 2024 10% MARKET CAPITALIZATION 55.1M Major Shareholders 15% SHARES OUTSTANDING 200.4M Institutional Management WARRANTS1 29.4M Retail OPTIONS2 8.8M 75% RSUs 225k FULLY DILUTED 238.8M Note: 1) C$0
Slide 24: 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 – 1030 West Georgia St., Oficina 502B Vancouver, BC, Canada, V6E 2Y3 San Isidro, Lima, 15073 Peru www.silverxmining.com @Silver_X_
Slide 25: Appendix: Resource Disclosure
Appendix: Resource Disclosure 1. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves. The quantity and grade of reported Inferred Mineral Reso
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