Silver Mountain Resources, Inc. Class A · TSX:AGMR
Silver Mountain Resources, Inc. Class A — Investor Presentation (January 2024)
33 slides from Silver Mountain Resources, Inc. Class A's investor presentation, January 2024
Slide 1: Corporate Presentation
SILVER MOUNTAIN RESOURCES Corporate Presentation JANUARY 2024 www.agmr.ca TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR
Slide 2: Disclaimer
Disclaimer IMPORTANT – YOU MUST READ THE FOLLOWING BEFORE CONTINUING: The information contained in this document has been prepared by Silver Mountain Resources Inc. (the “Company” or “AGMR”) and contains confidential information pertaining to the business, operations and assets of the Company. The i
Slide 3: Who is AgMR? | Highlights
Who is AgMR? | Highlights • 100% owned assets (60k ha) in the historic mining district of Castrovirreyna in Peru • $40 Million spent to date • Well financed and debt-free silver developer • Key infrastructure in place (>$50MM), including 2,000tpd concentrator & tailings dam • Low Capex and low-cost
Slide 4: Market Stats & Capital Structure
Market Stats & Capital Structure Market Cap. C$M $34.2 3 5.6% 5.2% 4.1% Cash C$M $6.4 Debt C$M $0.0 Enterprise Value C$M $27.8 Shares Outstanding Million 279.7 4.6% 4.4% 27.2% Stock Options Million 8.01 Insiders Warrants Million 89.82 Fully Diluted Shares Million 377.5 1. Stock Options: 2.64M at US$
Slide 5: AgMR's Assets
AgMR’s Assets Large land package in 3 blocks: Over 60,000 hectares 100% owned by AgMR: Reliquias, Dorita & EL Milagro blocks Dorita Block Reliquias Block Multiple mineralized structures Two neighbouring underground DIA Approved mines: Reliquias & Caudalosa Several brownfield opportunities such as Ya
Slide 6: AgMR's Assets
AgMR’s Assets Development Late stage Development Caudalosa Mine & Yahuarcocha Veins Reliquias Mine & Middle stage Caudalosa Plant El Milagro Early stage Dorita Poetas Carmela Yahuarcocha – High Sulfuration Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 6
Slide 7: Reliquias Block | Two stage development "Stage 1"
Reliquias Block |Two stage development “Stage 1” Stage 1: Restart production. Reliquias mine resource expansion and process plant recommissioning. Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 7
Slide 8: Stage 1 | Reliquias Mine and Caudalosa Plant Facilities
Stage 1 | Reliquias Mine and Caudalosa Plant Facilities • Paved road access • Tailings dam capacity from Lima, major ports of approximately and commercial airport 750,000 m3 (Ayacucho) • Mining camp with • More than 15 km of dormitories, offices and known veins and 15 ancillary facilities km of full
Slide 9: Stage 1 | Reliquias Mine and Caudalosa Plant – Restart Milestones
Stage 1 | Reliquias Mine and Caudalosa Plant – Restart Milestones COMPLETED WORKS • Mineral Resources Update NI 43-101 (Mar23 → 1.8MM tms) • Phase 1& 2 Infill and mineral resource expansion drilling • Geomechanical modelling and waste dump studies mine rehabilitation • Metallurgical tested • 20 year
Slide 10: Stage 1 | Current Mineral Resources Reliquias Mine – April 2023
Stage 1 | Current Mineral Resources Reliquias Mine –April 2023 To be updated soon Source: Reliquias Mine Technical Report effective date March 18, 2023 Grades Contained Metal Category Mass Silver Gold Zinc Lead Copper AgEq1 Silver Gold Zinc Lead Copper AgEq Kt g/t g/t % % % oz/t Moz Ag Koz Au Mlb Zn
Slide 11: Stage 1 | Reliquias Underground Mine
Stage 1 | Reliquias Underground Mine Exploration Campaign 2023 • 18,532.15 m – 106 DDH total (50 BQ, 11 Packsack and 45 HQ/NQ) • 12,139.95 m underground Drilling HQ/NQ 2023 in 45 Drill Holes to test Sacasipuedes, Natividad, Perseguida, Vulcano, Pasteur. About HQ/NQ campaign: • Sacasipuedes vein dril
Slide 12: Stage 1 | 2023 Drilling Campaign - Highlights
Stage 1 | 2023 Drilling Campaign - Highlights To be updated soon Reliquias Resources update (kt) Potential Growth +/- 50% 18.5 mts 17.3 mts 2024 Notes: • Mineral Resources are those defined in the definition of the CIM Standards on Mineral Resources and Mineral Reserves, 2014. • Mineral Resources ha
Slide 13: Stage 1 | Mine Development and Rehabilitation
Stage 1 | Mine Development and Rehabilitation Fast-tracking the Reliquias Underground mine to production Construction of UG Drilling Chambers Underground Mine Rehabilitation • 15 drilling chambers • Rock scaling & support • Underground ventilation • Water pumping systems Corporate Presentation www.a
Slide 14: Stage 1 | Mine Plan & Ventilation – In Progress
Stage 1 | Mine Plan & Ventilation – In Progress NSR Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 15
Slide 15: Stage 1 | Social Management
Stage 1 | Social Management We are focused on obtaining land access agreements with the Salcca Santa Ana Communities, while we prepare their Development Plans to promote sustainable economic development. We aim to achieve alliances with local authorities to promote sustainable projects focused on lo
Slide 16: Reliquias Block | Two stage development "Stage 2"
Reliquias Block | Two stage development “Stage 2” Stage 2: Increase resource base and expand production. Brownfield exploration, resource definition and recommissioning of the Caudalosa mine, further exploration at satellite targets. Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL
Slide 17: Stage 2 | Caudalosa Mine and Yahuarcocha Timeline
Stage 2 | Caudalosa Mine and Yahuarcocha Timeline Year 1 Year 2 Year 3 • Basic mine infrastructure • Metallurgical Testing PRODUCTION • Permitting requested for surface drilling RAMP-UP • Initial Mineral Resource Estimate for on the Caudalosa mine (initial permit Caudalosa already in place) • Plant
Slide 18: Stage 2 | Brownfield - Caudalosa Mine
Stage 2 | Brownfield - Caudalosa Mine Historical Mineral Resources Estimate Source: Sociedad Minera Reliquias Grades Contained Metal Category Mass Silver Zinc Lead Copper AgEq Silver Zinc Lead Copper AgEq Kt oz/t % % % oz/t Moz Ag Mlb Zn Mlb Pb Mlb Cu Moz AgEq Inferred 2,286 14.43 2.80 2.79 2.12 24.
Slide 19: Brownfields
Brownfields Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 20
Slide 20: Stage 2 | Brownfields exploration – Multiple veins along two major corridors
Stage 2 | Brownfields exploration – Multiple veins along two major corridors • Two parallel structural corridors identified • Only a small portion of the Reliquias corridor has been drilled by SMR • Several kilometres of outcropping veins within permitted area • Excellent potential to increase resou
Slide 21: Stage 2 | Brownfields exploration – Yahuarcocha Au-Cu target
Stage 2 | Brownfields exploration – Yahuarcocha Au-Cu target • One of many brownfields targets in the Reliquias block • 5km northwest of the Reliquias mine area – excellent accessibility • Epithermal breccia and intermediate sulfidation vein target • Never been drilled in the past Corporate Presenta
Slide 22: Stage 2 | Yahuarcocha Target – High Grade Veins
NE-SW Vein System Stage 2 | Yahuarcocha Target – High Grade Veins • Multiple old workings on intermediate sulfidation Au-Ag mineralized veins. • Salicified structures at the edges of the breccia, with NE-SW, E-W and NW-SE orientation. • Good road access from Reliquias and Caudalosa sites. Corporate
Slide 23: Projects & Prospects
Projects & Prospects Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 24
Slide 24: Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias
Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias • In the altered zone of Yahuarcocha it presents a semicircular area of 1.1 km by 0.8 km due to the premineral, intra and post mineral intrusions that have intruded into the volcanic sequences of the Tertiary Caudalosa formation. • La
Slide 25: Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias
Projects & Prospects | Yahuarcocha Target – Hydrothermal breccias • The area presents alteration of high-sulfidation epithermal type partially eroded, with minerals of pyrophyllite, diaspore, dickite, YAHUARCOCHA ANOMALY muscovite (sericite), kaolinite, illite and tourmaline that demarcate zones of
Slide 26: Projects & Prospects | Dorita Block
Projects & Prospects | Dorita Block Pucasora • 2.5 km x 1.5 km advanced argillic alteration zone with a prominent magnetic low • Alteration typical of high sulphidation epithermal deposits , with extensive zones of alunite, pyrophyllite and dickite alteration with localized vuggy silica zones around
Slide 27: Projects & Prospects | Dorita Block
Projects & Prospects | Dorita Block 466500 467500 468500 CN-19 CN-27 Dorita Block North Dorita Surface channel sampling of Dorita Amanda CN-29 and Dorita North vein structures target CN-37 CN-35 8562500 CN-22 Huancarpusca target Map shows rock geochemistry – gold Pucasora target values Highlights /
Slide 28: Projects & Prospects | Poetas Carmela
Projects & Prospects | Poetas Carmela • Large colour anomaly immediately north of Caudalosa Mine • Advanced argillic alteration over 5 km strike length • Vuggy silica ribs with silver mineralization • Large ground magnetics and IP anomalies • Never been drilled in the past Corporate Presentation www
Slide 29: Projects & Prospects | Poetas Carmela
Projects & Prospects | Poetas Carmela Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 30
Slide 30: Projects & Prospects | El Milagro
Projects & Prospects | El Milagro 1 • 2,500m of underground workings • Approximately 10,000 mts of historical drilling • Historical resource (2009) based on 3 discrete zones: Genoveva 1, Genoveva 2, and El Milagro, all within AgMR concessions • AgMR has staked a total of 5,000 ha in the El Milagro a
Slide 31: THANK YOU
THANK YOU Contact: info@agmr.ca https://www.agmr.ca TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR www.agmr.ca Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 32
Slide 32: Management Team
Management Team Alvaro Espinoza Alejandra Soto Richard Contreras Gustavo Anaya Felicia Castro Cristian Cadenillas Chief Executive Officer Chief Financial Officer Chief Operating Officer Director of Operations Superintendent of Social Legal Manager Management • Senior executive with 22 years of • Str
Slide 33: Board of Directors
Board of Directors Jose Vizquerra Julio Arce Alfredo Plenge Tim Loftsgard Juan Carlos Ortiz Chairman Director Independent Director Independent Director Lead Independent Director • President & CEO at O3 Mining • Broad experience in the • +25 years experience in the • +20 years of experience in • + 25
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