Outcrop Silver & Gold Corporation · TSX:OCG
Outcrop Silver & Gold — Investor Presentation (November 2025)
20 slides from Outcrop Silver & Gold's investor presentation, Nov 25, 2025
Slide 1: One of the World's Richest Primary Silver Deposits
ONE OF THE WORLD'S RIC HES T PRIMARY SILVER DEPOSITS. TSX: OCG | OTCQX: OCGSF | FRA: MRG CORPORATE PRESENTATION NOVEMBER 2025
Slide 2: Forward Looking Statement
This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company. The securities of the Company have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and such secur
Slide 3: Who We Are, What We Do, Where We Are
WHO WE ARE ONE OF THE WORLD’S HIGHEST-GRADE UNDEVELOPED, PRIMARY-SILVER PROJECTS. WHAT WE DO BACKED BY LEGENDARY INVESTOR ERIC SPROTT (20 % OWNER). FULLY FUNDED DRILLING TO DELIVER THE NEXT RESOURCE UPDATE. WHERE WE ARE FALAN, TOLIMA, COLOMBIA - ESTABLISHED, MINING-FRIENDLY DISTRICT. 3
Slide 4: Silver Now Rerating
SILVER NOW RERATING PRIMARY SILVER PROJECT EXTREMELY RARE PRIMARY SILVER • 227.5 Moz • 27.8% Massive increase in industrial demand specifically solar TOTAL DEMAND Cumulative that saw a +122% increase Deficit 11,480 Moz LEAD /ZINC COPPER from 2021-2024 reaching 259 Moz annually -796.0 • 241.3 Moz • 2
Slide 5: The Silver Trifecta: Resource
THE SILVER TRIFECTA RESOURCE (1) INDICATED: 1.23 mt at 24.2 Moz AgEq INFERRED: 0.97 mt at 13.5 Moz AgEq (1) Effective date of this Mineral Resource Estimate (MRE) is April 26, 2023. (2) Rod Webster, MAusIMM(CP) of AMC Consultants has conducted the Santa Ana Silver Project MRE and is independent Qual
Slide 6: The Silver Trifecta: Grade
THE SILVER TRIFECTA GRADE (1) INDICATED RESOURCE: 1 HIGH-GRADE PRIMARY SILVER 614 AgEq g/t (446 Ag g/t and 2.3 Au g/t) INDICATED RESOURCE GRADES PRIMARY SILVER DEVELOPMENT PROJECTS. 614 HIGH AgEq g/t 512 AgEq g/t 482 2 METALURGICAL AgEq g/t 333 AgEq g/t 300 RECOVERY 73% Ag AgEq g/t 56% Ag 56% Ag 446
Slide 7: The Silver Trifecta: Recovery
THE SILVER TRIFECTA RECOVERY (2) Product Mass % Ag Au 1 HIGH-GRADE PRIMARY SILVER Gravimetric 1.31 7.6% 35.8% Concentrate Rougher HIGH 96.3% Concentrate 10.04 88.6% 62.7% 2 METALURGICAL SILVER AND RECOVERY 98.5% Global 11.35 96.3% 98.5% GOLD RECOVERY 3 HIGH QUALITY PRECIOUS METAL CONCENTRATE (1) Ref
Slide 8: The Silver Trifecta: Concentrate Grade
THE SILVER TRIFECTA CONCENTRATE GRADE (2) Product Mass % Ag g/t Au g/t 1 HIGH-GRADE PRIMARY SILVER Gravimetric 1.31 2,883 164.1 Concentrate Rougher 10.04 4,356 37.5 HIGH Concentrate 2 METALURGICAL Global 11.35 4,187 52.1 RECOVERY CONCENTRATE GRADE OF 3 HIGH QUALITY PRECIOUS METAL 4,187 Ag g/t and CO
Slide 9: 2023 MRE
2023 MRE LA ISABELA LA PORFIA 0.14 Moz 1.89 Moz LOS NARANJOS 1.79 Moz PARAISO 495 5.79 Moz 443 g/t g/t 969 g/t 579 g/t EL DORADO 5.92 Moz 767 g/t 344 g/t LAS MARAS 6.43 Moz SANTA ANA 2.32 Moz (1) Refer to the disclosure provided in Outcrop Silver’s news release announcing independent initial indicat
Slide 10: Exploration Pathway to Growth
EXPLORATION PATHWAY TO GROWTH DRILLING HIGHLIGHTS Hole ID Vein Length AgEq (2) Grade x Release Date (1) (m) g/t Meters DH317 El Dorado 5.28 3,927 20,735 January 30, 2025 DH459 Los Mangos 18.30 992 18,157 May 6, 2025 DH274 Las Maras 8.97 1,575 14,128 August 9, 2022 DH493 Guadual 2.35 3,463 8,139 Sept
Slide 11: Accretive Resource Expansion
ACCRETIVE RESOURCE EXPANSION 2023 2024 2025 2026+ MRE PATHWAY RESOURCE EXPANSION MRE UPDATE DRILL PROGRAM DRILL PROGRAM 31,000 metres Drill Program Focused on Resource Expansion Pathway to Resource Expansion 1 2 3 4 5 6 Q1-2026 MRE MRE UPDATE 2 APR 23 UPDATE PEA Mineral JUN 24 SEP 24 OCT 8 MAR 25 AP
Slide 12: Drilling
DRILLING Updated on November 25, 2025 Vein Meters Drill Holes Santa Ana 11,719 52 El Dorado 10,121 45 La Porfia 9,566 76 NI 43-101 Los Naranjos 8,544 41 Resource Paraiso 8,089 56 Drilling Las Maras 7,079 28 La Isabela 3,356 20 Aguilar 9,405 32 Jimenez 3,109 11 Guadual 6,303 30 La Ye 4,807 25 Current
Slide 13: Strong Experienced Leadership
STRONG EXPERIENCED LEADERSHIP GUILLERMO HERNÁNDEZ THYANA ÁLVAREZ AMANDIP SINGH KATHY LI VICE PRESIDENT VP CORPORATE VP CORPORATE VICE PRESIDENT OF EXPLORATION RELATIONS & COUNTRY MANAGER DEVELOPMENT INVESTOR RELATIONS IAN HARRIS PRESIDENT, CEO & DIRECTOR JAY SUJIR JOE HEBERT ANA MILENA VÁSQUEZ KEVIN
Slide 14: Centered in Colombia's Mining District
CENTERED IN COLOMBIA’S MINING DISTRICT. SANTA ANA IS IN THE CENTER OF THE MOST IMPORTANT METAL MINING DISTRICT IN COLOMBIA, FROM COLONIAL TIMES TO MODERN DAY. • Highway access, grid power, water, strong community support, and excellent security conditions. • Silver is a strategic metal for the gover
Slide 15: Legacy Forward
LEGACY FORWARD The letter 'L' STANDS RIGHT OF WAYS FOR LEGACY— On July 2024, Falan placed their ‘letters’ in town plaza, HONORING ITS RICH SILVER MINING 2024 112 with each letter representing HISTORY AND ITS 2025 233 the most defining qualities of FUTURE AS A LEADER in sustainable energy. the town.
Slide 16: Legacy Forward: Community Programs
LEGACY FORWARD CONSERVATION COLLABORATIVE THROUGH COMMUNITY PATHWAYS TO PARTNERSHIP DEVELOPMENT Partners with community to Ensuring community-driven support initiatives that reflect growth by prioritizing local the region’s environmental jobs and purchases priorities • 77 Direct jobs • Tree Nursery:
Slide 17: Aligned with Government
ALIGNED WITH GOVERNMENT REGIONAL - TOLIMA OUTCROP SILVER STANDS OUT AT THE INVESTOR ROUNDTABLE IN TOLIMA AS A HIGH-IMPACT PROJECT. Press Release from the Government of Tolima – August 8, 2025 bit.ly/3Vz7mMZ "We want a Tolima that “ moves forward decisively, that builds a competitive, What we’re buil
Slide 18: Share Structure
SHARE STRUCTURE 20% SHARE STRUCTURE As of November 12, 2025 Eric Sprott Shares Issued & Outstanding 463,451,909 9% Jupiter Asset Warrants Options & DSUs 85,402,186 30,493,750 Management Fully Diluted 577,347,845 66% 167M Market Capitalization (C$M) Retail Investors 2% 52 Week Range 0.16 - 0.44 Other
Slide 19: Focus on Value Creation, Leveraged to Silver
FOCUS ON VALUE CREATION LEVERAGED TO SILVER SOLID ESTABLISHED FOUNDATION PATHWAY • Primary Silver TO GROWTH • Established Resource • Six discoveries • Silver Trifecta • 2025 Drill - 31,000 metres • Healthy Treasury • Q1-2026 Mineral Resource Estimate Update • Strong Team • Solid Sponsorship 19
Slide 20: Additional Information
ADDITIONAL INFORMATION HEAD OFFICE INVESTOR QUESTIONS STOCK EXCHANGES 905 – 1111 West Hastings Street Ian Harris CA: TSX: OCG Vancouver, BC, Canada V6E 2J3 President & CEO US: OTCQX: OCGSF +1 604 638 2545 harris@outcropsilver.com DE: DB: MRG info@outcropsilver.com Kathy Li Vice President of Investor
Outcrop Silver & Gold — Investor Presentation (November 2025) on 6ix