Magma Silver Corp. · TSXV:MGMA
Magma Silver — Investor Presentation (December 2025)
19 slides from Magma Silver's investor presentation, Dec 9, 2025
Slide 1: Focused on High-Sulfidation Silver & Gold - Niñobamba, Peru
I N V E S T O R P R E S E N T A T I O N – Q 4 2 0 2 5 FOCUSED ON HIGH- SULFIDATION SILVER & GOLD - NIÑOBAMBA, PERU Magma Silver Corp. is a Canadian precious metals exploration company focused on developing the high sulfidation Ninobamba silver and gold project in Peru
Slide 2: Disclaimer
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 2 MAGMA SIL VER CO RP . Disclaimer This presentation does not constitute a prospectus or public offering for financing and no guarantees are made or implied regarding the success of Magma Silver Corp.’s (“Magma” or the
Slide 3: Why Invest?
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 3 Strong Growth Over �14.5M CAD invested in Potential Exploration to date Advanced geological The Niñobamba Project hosts significant drilling and recent silver and gold mineralization across trenching highlight a three
Slide 4: Management and Board
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 4 J. Stephen Barley Jason Baker Arndt Roehlig Michael Townsend Chairman & CEO CFO & Corporate Secretary Independent Director Director 40 years of experience in public Senior Associate at Altus Capital Mr. Roehlig is an
Slide 5: Share Structure
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 5 Share Structure as at December 9, 2025 Shares Issued and Outstanding 79,140,604 Warrants (expiring April 15, 2027, and May 27, 2027 @ 0.20) KEY VALUE DRIVERS 6,799,575 Warrants (expiring October 23, 2028 @ 0.25) 18,5
Slide 6: Historic Exploration: Over $14.5M CAD Spent
6 N IÑ O B AMB A P RO JECT Over Historic $14.5M CAD Exploration Spent on Exploration by Anglo Gold, Bear Creek, Newmont and Rio Silver 2000 2002 2008 2016 AngloGold Bear Creek Rio Silver Joramina and completed five drill holes acquired 60% interest from subsequently acquired the Randypata concessions
Slide 7: Goals & Milestones
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 7 Goals & Milestones Q3 2025 Q4 2025 Q1 2026 Q2 2026 Sampling at Niñobamba Drill program developed • Geological mapping, • Drill results from Q1 work. project completed in 2 for the Joramina deposit. trenching, roc
Slide 8: Company Overview
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 8 Company Overview Magma Silver Corp. is a Canadian exploration company focused on its flagship Niñobamba Project. The project spans an 8 km mineralized corridor in a prolific geological belt. Extensive exploration by Ne
Slide 9: Mining in Peru: Stability, Scale & Opportunity
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 9 MIN IN G IN P ERU Stability, Scale & Opportunity STABLE, PRO-MINING JURISDICTION Peru has a long-standing mining tradition and is one of the world’s top destinations for mining investment due to its stable macroecono
Slide 10: Location
10 N IÑ O B AMB A P RO JECT Location Situated less than 500 km southeast of Lima in Ayacucho, Peru, (7 hr drive) the Niñobamba Project enjoys excellent infrastructure, including proximity to highways, the power grid, and the city of Ayacucho with daily flights to Lima. SELECTIVE HIGH-SULPHIDATION DEP
Slide 11: Main Zone
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 11 N IÑ O B AMB A P RO JECT Main Zone NORTH ZONE SOUTH ZONE • Two distinct mineralized zones exposed • Potential strike length over 400 m strike, open in both directions exceeds 1000 m • Highlights: • Highlights: - TR-
Slide 12: Concessions
12 N IÑ O B AMB A P RO JECT Concessions • Niñobamba is located less than 500 km south- southeast of Lima, within the Ayacucho region, and is just 45 minutes from the city of Ayacucho, which offers daily flights to Lima. • The project has excellent infrastructure, situated only 7 km from both a major
Slide 13: Geochemistry & Key Deposits
13 Main Randypata N IÑ O B AMB A P RO JECT Geochemistry & Key Deposits • Widespread and highly anomalous Au- Ag rock and soil geochemistry within a 2,000 by 8,000 m area • Exploration has identified 3 main Au/Ag deposits: - Main Joramina - Randypata - Joramina • Potential for Au-rich colluvium at T S
Slide 14: High-Sulphidation
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 14 N IÑ O B AMB A P RO JECT High-Sulphidation HIGH-SULPHIDATION DEPOSIT TYPE • High-sulfidation (HS) gold systems form a vertical continuum, transitioning from shallow epithermal settings to deeper porphyry Cu-Au deposi
Slide 15: Main Zone – Conceptual Model
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 15 N IÑ O B AMB A P RO JECT Main Zone – Conceptual Model Schematic Cross-section Relation between the Alteration and • Vuggy Silica identified during Rio Silver Trenching Programs Mineralization Styles at the South and
Slide 16: Joramina Zone
T S X V : M G M A | O T C Q B : M A G M F | F S E : B C 2 1 | W K N : A 4 1 1 D V 16 N IÑ O B AMB A P RO JECT Red Cliff Joramina Zone • September 2025 Samples: 0.50 g/mt to 14.56 g/mt Au and 0.60 oz/mt Ag to 10.59 oz/mt Ag averaging 5.32 g/mt gold and 4.81 oz/mt silver. • October 2025 Phase 2 Result
Slide 17: Main Zone Exploration Targets
17 17 NIÑOBAM BA P ROJ ECT Main Zone Exploration Targets
Slide 18: Silver Gold Project Summary
N IÑ O B AMB A P RO JECT Main Zone – Looking NE Silver Gold Project Summary LARGE-SCALE ASSET The project spans 4,100 hectares, hosting significant silver and gold mineralization across three key zones: Main, Randypata, and Joramina. EXTENSIVE EXPLORATION HISTORY Over $14.5M CAD invested in drilling,
Slide 19: Contact Us
I N V E S T O R P R E S E N T A T I O N – Q 4 2 0 2 5 CONTACT US Stephen Barley, Chairman & CEO 604-998-5870 Stephen.barley@magmasilver.com Jason Baker, CFO & Corporate Secretary 604-998-5870 info@magmasilver.com Head Office Lima Office Suite 750 Calle Los Tulipanes 147, oficina 701 1095 West Pender