Silver Mountain Resources, Inc. Class A · TSX:AGMR
Silver Mountain Resources, Inc. Class A — Investor Presentation (September 2023)
30 slides from Silver Mountain Resources, Inc. Class A's investor presentation, September 2023
Slide 1: Corporate Presentation
SILVER MOUNTAIN RESOURCES Corporate Presentation SEPTEMBER 2023 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 in the historic mining district of Castrovirreyna in Peru • Well financed silver developer • Key infrastucture in place, including 2,000tpd concentrator & tailings dam • Multimillion ounce silver Measured, Indicated and Inferred mineral resource in proli
Slide 4: Market Stats & Capital Structure
Market Stats & Capital Structure Market Cap. C$M $28.271 6.7% 5.3% 3.2% Cash C$M $9.60 Debt C$M $- 2 Enterprise Value C$M $18.67 28.7 Shares Outstanding Million 217.5 2.7% 2.9% % Stock Options Million 9.03 Insiders Warrants Million 58.74 Eric Sprott Fully Diluted Shares Million 285.2 1. August 31, 2
Slide 5: Management Team
Management Team Alvaro Espinoza Alejandra Soto Richard Contreras Gustavo Anaya Chief Executive Officer Chief Financial Officer Chief Operating Officer Director of Operations • Senior executive with 22 years of • Strong corporate mining experience track • Mining engineer with more than 30 years • +25
Slide 6: 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
Slide 7: 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 Reliquias Block • Two neighbouring underground mines: Reliquias & Caudalosa • 2000 TM/day Caudalosa processing plant and campsite • Several brownfield opportunities such as Y
Slide 8: Reliquias Block – Two stage development - Stage 1
Reliquias Block – Two stage development - Stage 1 j ec t pr o ita Stage 1: Restart production. D or Reliquias Mine Reliquias mine resource To Caudalosa expansion and process plant Plant recommissioning. Yahuarcocha Caudalosa Plant Caudalosa Mine Stage 2: Increase Resource Caudalosa base and start pr
Slide 9: The Reliquias Mine and Caudalosa Plant Facilities
The Reliquias Mine and Caudalosa Plant Facilities • Paved road access from Lima, major ports and commercial airport (Ayacucho) • More than 10 km of known veins and 15 km of fully rehabilitated underground tunnels • Existing 2,000 tpd throughput processing plant • Tailings dam capacity of approximate
Slide 10: Stage 1 – Reliquias Mine and Caudalosa Plant – Restart Milestones
Stage 1 – Reliquias Mine and Caudalosa Plant – Restart Milestones 2023 2024 2025 PRODUCTION Q1 Mineral Resource Update – COMPLETED Q1 Updated Mineral Resource Estimate Q1 RESTART & RAMP-UP Phase 1 Infill and Mineral Resource PEA Reliquias Mine Q2 Expansion Drilling – COMPLETED Q2 Updated Operational
Slide 11: Current Mineral Resources Reliquias Mine – April 2023
Current Mineral Resources Reliquias Mine –April 2023 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 Mlb Pb Mlb Cu Moz AgEq Measu
Slide 12: Reliquias Underground Mine
Reliquias Underground Exploration Campaign 2023 Mine • 6,392.20 m – 72 DDH total (50 BQ, 11 Packsack and 11 HQ/NQ) (Updated to July 31th) • 12,420 m underground HQ/NQ Processing program in 69 Drill Holes to test Reliquias Plant mine Sacasipuedes, Perseguida, Matacaballo, Vulcano, Pasteur, Esperanza,
Slide 13: Phase 1 – Infill and Mineral Resource expansion (Sacasipuedes Vein)
Phase 1 – Infill and Mineral Resource expansion (Sacasipuedes Vein) For additional information, please refer to the Company´s press releases dated 15/6/22, 19/6/22, 21/9/22, 10/11/22, 19/7/23 and 16/8/23 Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 13
Slide 14: Phase 1 – Infill and Mineral Resource expansion (Matacaballo Vein)
Phase 1 – Infill and Mineral Resource expansion (Matacaballo Vein) For additional information, please refer to the Company´s press releases dated 7/6/22, 15/6/22, 19/6/22, 21/9/22, 26/10/22, 17/11/22, 8/3/23 and 29/3/23 Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 14
Slide 15: Phase 1 – Infill and Mineral Resource expansion (Perseguida Vein)
Phase 1 – Infill and Mineral Resource expansion (Perseguida Vein) For additional information, please refer to the Company´s press releases dated 16/8/23, 19/7/23, 8/3/23 and 25/1/23 Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 15
Slide 16: Reliquias Mine Infrastructure
Reliquias Mine Infrastructure Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 16
Slide 17: Mine Development and Rehabilitation
Mine Development and Rehabilitation Fast-tracking the Reliquias Underground mine to production Construction of UG Drilling Chambers Underground Mine Rehabilitation • 12 drilling chambers • Rock scaling & support • Underground ventilation • Water pumping systems Corporate Presentation www.agmr.ca | T
Slide 18: Caudalosa Plant and Campsite
Caudalosa Plant and Campsite Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 18
Slide 19: Social Management
Social Management We are focused on obtaining land access agreements with the Salcca Santa Ana and Castrovirreyna Communities, while we prepare their Development Plans to promote sustainable economic development. We aim to achieve alliances with local authorities to promote sustainable projects focu
Slide 20: Reliquias Block – Two stage development – Stage 2
Reliquias Block – Two stage development – Stage 2 j ec t pr o Stage 1: Restart production. ita Reliquias Mine Reliquias mine resource D or To Caudalosa expansion and process plant Plant recommissioning. Yahuarcocha Caudalosa Plant Caudalosa Mine Stage 2: Increase R&R and Reliquias Mine production. C
Slide 21: Stage 2 – Caudalosa Mine and Yahuarcocha – Proposed Timeline
Stage 2 – Caudalosa Mine and Yahuarcocha – Proposed Timeline 2024 2025-26 2027 • Basic mine infrastructure PRODUCTION • Permitting requested for surface drilling • Metallurgical Testing on the Caudalosa mine (already obtained RAMP-UP • Initial Mineral Resource Estimate for first permit) Caudalosa •
Slide 22: Phase 2: Brownfield - Caudalosa Mine
Phase 2: Brownfield - Caudalosa Mine Historical Estimated Mineral Resources Source: Sociedad Minera Reliquias Grades Contained Metal Category Mass Silver Zinc Lead Copper AgEq Silver Zinc Lead Copper AgEq Kt Ag(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
Slide 23: Brownfields exploration – Yahuarcocha Cu-Mo target
Brownfields exploration – Yahuarcocha Cu-Mo target • Au-Ag and Cu-Mo target 10km northwest of Caudalosa plant • Multiple old workings • High sulfidation epithermal system outcropping over several kilometers with significant Cu-Mo anomalies • Several intermediate sulfidation Au- Ag mineralized veins
Slide 24: Blue Sky
Blue Sky Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 24
Slide 25: Blue Sky - Dorita Block Gold Exploration Potential
Blue Sky - Dorita Block Gold Exploration Potential • 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
Slide 26: Blue Sky - Dorita Block Gold Exploration Potential
Blue Sky - Dorita Block Gold Exploration Potential 466500 467500 468500 CN-19 CN-27 Dorita Block North Dorita Surface channel sampling of Dorita Amanda and Dorita North vein structures target CN-37 CN-35 CN-29 8562500 CN-22 Huancarpusca Map shows rock geochemistry – gold target Pucasora target value
Slide 27: Blue Sky: Poetas Carmela - Epithermal alteration and Mag Low
Blue Sky: Poetas Carmela - Epithermal alteration and Mag Low 475000 477500 480000 ± N as N CARMELAS Las A d l Central Centra Las Adas das S SYMBOLS Las A Mining properties POETAS Ma rte Lake Carm Structural corridor ela Fault Cu 8545000 8545000 arz Marte o Silicific ribs/structure Las Sur Quartz-Sul
Slide 28: Blue Sky: Poetas Carmela
Blue Sky: 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.agmr.ca | TS
Slide 29: Blue Sky – El Milagro Ag – Pb - Zn Exploration Potential
Blue Sky – El Milagro Ag – Pb - Zn Exploration Potential 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
Slide 30: www.agmr.ca
TSXV: AGMR | OTCQB: AGMRF | BVL: AGMR www.agmr.ca Corporate Presentation www.agmr.ca | TSXV.AGMR | OTCQB.AGMRF | BVL.AGMR 30
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