Silver X Mining Corp · TSXV:AGX
Silver X Mining — Investor Presentation (September 2024)
22 slides from Silver X Mining's investor presentation, September 2024
Slide 1: Growing Production in a Large Peruvian Silver District
GROWING PRODUCTION IN A LARGE PERUVIAN SILVER DISTRICT Investor Presentation | September 2024 TSX.V: AGX | OTC: AGXPF | FRA: AGX TSX.V: AGX | OTC: AGXPF | FRA: AGX
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS The information in this presentation is in summary form and does not purport to be complete. It is not intended to be relied upon as advice to Non-IFRS Measures and Presentation of Financial Information: This presentation of Silver X Mining Corp. refers to non-IFRS financial in
Slide 3: Producing Silver in One of the Largest Underdeveloped Silver Districts in Peru
PRODUCING SILVER IN ONE OF THE LARGEST UNDERDEVELOPED SILVER DISTRICTS IN PERU To consolidate and develop undervalued assets, Silver X creating value by adding resources and increasing VISION production; aspiring to social and environmental excellence. Silver X To be a premier silver company deliver
Slide 4: Why Silver – A Precious & Industrial Metal
WHY SILVER – A PRECIOUS & INDUSTRIAL METAL Silver is a Critical Material for the Green & Digital Economies Industrial Applications Silver’s electrical conductivity makes it an essential material in digital economy from smart phones and laptops, to battery electric vehicles (BEVs) Green Energy Transi
Slide 5: Peru – A Global Leader in Mining
PERU – A GLOBAL LEADER IN MINING The country is one of the biggest producers of base and precious metals and one of Latin America’s fastest-growing economies. 17.8% 1.3M km2 3 rd 33M Inhabitants and one of Latin Largest country in South America’s fastest-growing Area America economies(1) 17.8% Of th
Slide 6: The Silver X Advantage: A Growth Story
THE SILVER X ADVANTAGE: A GROWTH STORY Increasing Production Growing Resources Outstanding Potential ▪ Tangana Mine Unit producing at 600 tpd ▪ Silver X boasts a significant land package ▪ Robust organic growth pipeline of spanning 20,472 hectares production, development and exploration ▪ Expanding
Slide 7: The Nueva Recuperada Project Silver & Gold District
THE NUEVA RECUPERADA PROJECT SILVER & GOLD DISTRICT A 20,472-Hectare Fully Permitted District-Scale Land Package in Central Peru NUEVA RECUPERADA DISTRICT NUEVA RECUPERADA SILVER & GOLD PROJECT Production ▪ Tangana Mining Unit Development ▪ Plata Mining Unit TANGANA MINING UNIT 720 TPD NAMEPLATE Exp
Slide 8: Attractive Geology: Nueva Recuperada Project
ATTRACTIVE GEOLOGY: NUEVA RECUPERADA PROJECT A multi-vein project located in Central Peru containing medium to high-grade of silver-rich polymetallic mineralization 20,472 230 +500 hectares mining concessions outcrop veins ▪ The property covers a large area within the Huachocolpa mining district con
Slide 9: Nueva Recuperada Silver Project
NUEVA RECUPERADA ▪ Feb 2021: Technical Report for the Nueva Recuperada Project, Peru – 7.4 tonnes Inferred Resources SILVER PROJECT ▪ Jun 2022: Technical Report for the Nueva Recuperada Project, Peru – 0.85 tonnes Measured & Indicated, 14.9Mt Inferred Resources Significant Potential for Resource Gro
Slide 10: Nueva Recuperada Project: Tangana Mining Unit
NUEVA RECUPERADA PROJECT: TANGANA MINING UNIT The Tangana Mining Unit commenced commercial production in January 2023, with current production focusing on 10% of the resource Possible new mill Tangana West Possible dry-stacked tailings Tangana Mining area (Production) Tangana East Tangana West Tanga
Slide 11: Tangana: A Multi-Vein Deposit
TANGANA: A MULTI-VEIN DEPOSIT Silver, Gold, Lead & Zinc 625 tpd 720 tpd 1,500 tpd Current plant capacity Fully permitted Additional capacity indicated in 2023 PEA1 Tangana Mining Unit Development ▪ Silver X initiated the development of Tangana 1 and 2 veins in late 2021. ▪ Tangana encompasses 966 he
Slide 12: Silver X's Q2 2024 Production Volume & Financial Highlights
SILVER X’S Q2 2024 PRODUCTION VOLUME & FINANCIAL HIGHLIGHTS For the three months ended June 30, 2024. Quarterly Production and AISC per AgEq 3Q 2022 through 2Q 2024 $6.2M Revenue +34% tonnes 2Q 2024 YoY Revenue $787k +26% Ore Adjusted EBITDA Processed vs. 2Q23 Processed 363 koz 14% Increase AgEq, 28
Slide 13: Tangana Brownfield: Keeping the Momentum
TANGANA BROWNFIELD: KEEPING THE MOMENTUM Unlocking Value By Exploring the Rich Vein Diversity of the San Antonio and Positivas Systems San Antonio Vein (Southeastern Half): Positiva Vein System: ▪ Hosted in Carbonate Formations ▪ Area: 2.5 km long by 200 meters wide ▪ Moderate to Thick Widths ▪ Tens
Slide 14: Tangana Mining Unit Pathway to Growth
TANGANA MINING UNIT PATHWAY TO GROWTH Positive PEA results support increase in production and processing capacity to 2,200 tpd Mineral Resource Upgrade Life of Mine (LOM) ▪ M&I Resources: 3.61 Mt (from 0.98 Mt in 2022) – 4x ▪ Life of Mine (LOM): 12 years Growth ▪ Capacity 1,500 tpd ▪ Inferred Resour
Slide 15: Nueva Recuperada Project: Mineralization & High-Grade Targets
NUEVA RECUPERADA PROJECT: 1 +100 veins, 6,500 hectares MINERALIZATION & HIGH-GRADE TARGETS 1 Tangana Mining Unit Large number of veins across an expansive area exceeding 6,500 hectares. ▪ 2023 PEA: Growth from current 600 tpd to 1,500 tpd, 4.2 Moz AgEq ▪ LOM 12 years, impressive brownfield potential
Slide 16: Upcoming Resource: Plata Mining Unit
UPCOMING RESOURCE: PLATA MINING UNIT Looking for the High-Grade Strategic Location ▪ 150 km east of Peru’s Pan American highway, easily accessible by paved road Extensive Vein System ▪ 3,829 hectares with 17 surface-exposed mineralized veins ▪ Veins range from 0.6 to 1.0 meters wide, connected to th
Slide 17: Gold Targets: Carboncuyocc & Ccasahuasi
_^ ± ( "S !( "S ^_ "S "S 3 x 1.6 Km "S !. GOLD TARGETS: CARBONCUYOCC &"S"S CCASAHUASI !( !( #I ( !( !( !( ^_ !( #I ^_ ^_ !( !( !( ^_ ± ( !( _^ !< !( !( "S !( !( ^_"S !( !< !( _^ !( !( ^_ ( !( "S !. ^_ ^_ !( !( !( !( !( !( !( "S !( "S "S ^_^_ !( !( !( !( ( != !( !. #I _^ !( !( !.!( !( !( ^_ !( !( !(
Slide 18: Sustainable Development Through Mining
SUSTAINABLE DEVELOPMENT THROUGH MINING Silver is Concentrated in South America $ 3,100,000 99% in purchase of goods and services from of water is recirculated in our local suppliers. underground operations. 1,136,268 100% silver equivalent ounces processed in 2023. compliance with environmental requ
Slide 19: The Silver X Advantage: A Growth Story
THE SILVER X ADVANTAGE: A GROWTH STORY ▪ Tangana Mine Unit producing at 600 tpd Silver X is trading at only Increasing ▪ Expanding to 720 tpd (~2Moz AgEq/yr) 0.20x P/NAV Production ▪ Focusing on silver, gold, lead and zinc extraction ▪ New Plata Mine Unit expected to come online in 2025 0.8 0.69 0.7
Slide 20: Management and Board of Directors
MANAGEMENT AND BOARD OF DIRECTORS Experienced Team with Proven Track Records Management Board of Directors José M. García | ¡CEO & Director Francis Johnstone | Director Co-founder of predecessor company, Latitude Silver. +12 years as Investment Advisor to BSRT, London Stock Exchange listed +20 years
Slide 21: Capital Structure
CAPITAL STRUCTURE ~25% of insider ownership with strong institutional support Major SHARE STRUCTURE As of June 30, 2024 Shareholders 10% Market Capitalization 55.1M Institutional 15% Shares Outstanding 200.4M Management Warrants1 29.4M Retail Options2 8.8M 75% Rsus 225k Fully Diluted 238.8M Note: 1)
Slide 22: Contact Us
CONTACT US Jose Garcia | CEO j.garcia@silverxmining.com Investor Relations & Media ir@silverxmining.com Lima Office Vancouver Office Avenida Santo Toribio 115 Suite 1012 – 1030 West Georgia St. Oficina 502B Vancouver, BC V6E 2Y3 Canada San Isidro, Lima, 15073 Peru www.silverxmining.com @Silver_X_Min
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