Abrasilver Resource Corp. · TSX:ABRA

Abrasilver Resource — Technical Presentation (January 2023)

37 slides from Abrasilver Resource's technical presentation, January 2023

  1. Slide 1: Analyst Site Visit Presentation - January 2023

    www.abrasilver.com TSX-V: ABRA OTCQX: ABBRF Analyst Site Visit Presentation - January 2023

  2. Slide 2: Disclaimers

    Disclaimers This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regul

  3. Slide 3: Agenda

    Agenda Argentina Political & Macro Update Corporate Update Diablillos Update Pre-Feasibility Study CSR and Permitting La Coipita Update 3 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 3

  4. Slide 4: Argentina Macro Update

    Argentina Macro Update 4 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 4

  5. Slide 5: 2023: Election Year in Argentina

    2023: Election Year in Argentina 2023 Elections General elections scheduled Oct. 22nd to elect the president, members of the national congress and the governors of most provinces (including Salta) Incumbent president Alberto Fernández is eligible for a second term Primary elections to be held in Jun

  6. Slide 6: Argentine Shortage of US Dollars

    Argentine Shortage of US Dollars Argentine Need of USD Trade balance shortfall Pros and Cons: Need of investments in exportable goods projects/restrictions for the access to USD F/X Restrictions & Opportunities Export proceeds USD for imports/private debt/dividends Alternative ways for USD inbound/o

  7. Slide 7: Evolution of spread CCL/Official US Dollars

    Evolution of spread CCL/Official US Dollars 7 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 7

  8. Slide 8: Corporate Update

    PRE-FEASIBILITY STUDY Corporate UPDATEUPDATE 8 8

  9. Slide 9: A Premier Silver & Gold Exploration Company

    A Premier Silver & Gold Exploration Company Diablillos: An Advanced-Stage Open Pit Oxide Silver-Gold Project Oculto M&I Resource (1): 51.3Mt @ 66 g/t Ag and 0.79 g/t Au for 109 Moz Ag & 1.3 Moz Au New High-Grade, Near-Surface Silver Zone Now Being Drilled New high-grade discovery in JAC target, loca

  10. Slide 10: Attractive Valuation Upside & Strong Shareholder Support

    Attractive Valuation Upside & Strong Shareholder Support CAPITALIZATION (as of Jan. 3, 2023) TOP SHAREHOLDERS Shares issued 522M Eric Sprott 12% Warrants (average exercise price $0.27) 60M Management & Board 3% Options (average exercise price $0.20) 24M Institutional Investors ~30% Fully diluted sha

  11. Slide 11: Significant Torque to Silver Prices

    Significant Torque to Silver Prices Meaningfully outperformed both the Junior Silver Miners ETF (SILJ) and Junior Gold Miners ETF (GDXJ) while demonstrating considerable leverage to the silver price SHARE PRICE PERFORMANCE Source: Capital IQ; Eight Captial 11 Note: Volume based on TSXV:ABRA trading

  12. Slide 12: Salta Ranked #1 for Investment Attractiveness

    Salta Ranked #1 for Investment Attractiveness1 $US Billions in development projects surround Diablillos Salta = Home to some of the largest global mining companies: 12 (1) Based on 2020 Fraser Institute Mining Survey abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 12

  13. Slide 13: Diablillos

    __ *Diablillos » or

  14. Slide 14: Mineral Resource Estimate (Oct. 31, 2022)

    M&I Resource: +109M oz Ag & 1.3M oz Au Open Pit M&I Resources (Oct. 31 2022): +109Moz Silver & 1.3Moz Gold Including high-grade ‘Measured’ category contains: 19.3Mt @ 98 g/t Ag and 0.88 g/t Au Mineral Resource Estimate (Oct. 31, 2022) Full details of the Mineral Resources are available in a company

  15. Slide 15: Large Scale, Near-Surface Mineralization at Oculto

    Large Scale, Near-Surface Mineralization at Oculto US$5.1M Phase II drill program added 43Moz AgEq1 contained in the M&I Mineral Resource, representing an impressive cost of only US$0.12 per ounce AgEq added 1AgEq calculation includes Ag & Au values only based on formula: AgEq grade = Ag grade + Au

  16. Slide 16: New High-Grade Ag Discovery Beyond Oculto Pit

    New High-Grade Ag Discovery Beyond Oculto Pit Ongoing Phase III step-out drill program focused on exciting new discovery in Southwest zone (JAC Target), located +500m beyond conceptual Oculto pit boundary Key intercepts to date from JAC: Drill Hole1 Key intercepts Drill Hole1 Key intercepts Drill Ho

  17. Slide 17: Large Geophysical Anomaly at JAC Target & Other Unexplored Targets

    Large Geophysical Anomaly at JAC Target & Other Unexplored Targets 17 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 17

  18. Slide 18: Current 15,000m Drill Program Focused on JAC Target

    Current 15,000m Drill Program Focused on JAC Target 18 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 18

  19. Slide 19: JAC Long Section

    JAC Long Section  Drilling on 25 and 50-meter spacing to provide M&I resources by end of Q1/23  Mineralisation beneath 50 meters of unconsolidated colluvium  High grade silver also associated with copper in sulphide zone CROSS SECTION THROUGH THE JAC ZONE SHOWING WIDTH OF MINERALISATION JAC LONG

  20. Slide 20: Visualization of Large-Scale JAC Target

    Visualization of Large-Scale JAC Target 20 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 20

  21. Slide 21: Several Exploration Targets Beyond JAC & Oculto

    Several Exploration Targets Beyond JAC & Oculto Reduced to pole magnetic map of epithermal zone Satellite image – Kaolinite/Montmorillonite pattern with E-NE trend lines 21 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 21

  22. Slide 22: Pre-Feasibility Study Update

    PRE-FEASIBILITY STUDY UPDATE 22 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 22

  23. Slide 23: Diablillos: From PEA to PFS

    Diablillos: From PEA to PFS Substantial growth in M&I Resources at Oculto: 51.3Mt at 66g/t Ag and 0.79g/t Au for contained 109Moz Ag and 1.3Moz Au, a 22% increase in Ag and 29% increase in Aug This excludes any resources at the new JAC target, which will also be included in PFS 135% increase in tonn

  24. Slide 24: From PEA to PFS

    From PEA to PFS PEA BASELINE - PEA defined single Whittle pit. - Tank leaching process plant, 7.000 t/d throughput capacity. - Recoveries not comparable with PFS ones. Leaching time assumed at 24 hours. - Other process types dismissed as not being economic (i.e., Heap leaching). - Power generation b

  25. Slide 25: Preliminary Project Facilities Plot Plan

    Preliminary Project Facilities Plot Plan 25 25

  26. Slide 26: Preliminary Project Facilities Plot Plan

    Preliminary Project Facilities Plot Plan 26 26

  27. Slide 27: Preliminary Camp Facilities Plot Plan

    Preliminary Camp Facilities Plot Plan 27 27

  28. Slide 28: Preliminary Service Hub Facilities Plot Plan

    Preliminary Service Hub Facilities Plot Plan 28 28

  29. Slide 29: CSR/Permitting

    HIN SILVER CSR/PERMITTING

  30. Slide 30: CSR / Social License / Environment

    CSR / SOCIAL LICENSE / ENVIRONMENT CHAMBERS AND OTHER INSTITUTIONS: OUR POLICIES: Being aware of applicable environmental regulations and fulfill with all requirements established. Protecting the environment and safety of the people, preventing pollution, and promoting sustainable use of resources.

  31. Slide 31: CSR / Social License / Environment

    CSR / SOCIAL LICENSE / ENVIRONMENT CSR / SOCIAL LICENSE: Regular meetings with authorities and local communities: Pastos Grandes (Salta) - La Redonda (Catamarca) – Calingasta, Barreal, Tamberías (San Juan). Assisting in the development of community service providers. Working together with other comp

  32. Slide 32: Diablillos Permitting

    Diablillos Permitting EXPLORATION PERMITS: Exploration EIA approval (DIA) obtained in April 2022 (must be renewed every 2 years). Generator of hazardous waste. Municipal AUTHORIZATION of MINING camp for two years. Water permits for exploration. ENVIRONMENTAL AND SOCIAL BASE LINE (finished) ENVIRONME

  33. Slide 33: La Coipita Project, San Juan Argentina

    La Coipita Project, San Juan Argentina 33

  34. Slide 34: La Coipita Situated In Middle of "Elephant Country"

    La Coipita Situated In Middle of “Elephant Country” ABRA owns an option to acquire a 100% stake in a large +70,000 ha project in one of the world’s most endowed Cu-Au belts (e.g. Filo del Sol, Los Azules, Pelambres) 34 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 34

  35. Slide 35: Cu-Au Porphyry Discovery

    Cu-Au Porphyry Discovery Hole DDHC 22-002 intersected a continuous copper porphyry zone of 226m of 0.34% Cu, 0.07 g/t Au & 66 ppm Mo marking a new discovery on the La Coipita project o Mineralisation open at depth, as bottom of hole ended within a separate interval of 147m of 0.27% Cu & 75 ppm Mo do

  36. Slide 36: La Coipita – Section

    La Coipita – Section 36 abrasilver.com | TSX-V: ABRA | OTCQX: ABBRF 36

  37. Slide 37: To Find Out More, Contact

    To Find Out More, Contact: John Miniotis – President & CEO info@abrasilver.com +1.416.306.8334 www.abrasilver.com

AbraSilver Resource — Technical Presentation (January 2023) on 6ix