Bp Silver Corp. · TSXV:BPAG
Bp Silver — Investor Presentation (September 2026)
34 slides from Bp Silver's investor presentation, September 2026
Slide 1: Tier-1 Silver Discovery Opportunity in Bolivia's Prolific Belt
T I E R - 1 S I LV E R DISCOVERY OPPORTUNITY I N BOLI V I A’ S P ROFI LI C B E LT CORPORATE PRESENTATION September 2026 TSXV: BPAG | OTCQB:BPSCF
Slide 2: Disclaimer: Forward Looking Statements
DISCLAIMER FORWARD LOOKING STATEMENTS This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation and United Stated federal securities laws. Forward-looking information includes, but is not limited to, information with respect to future e
Slide 3: Disclaimer: Corporate Responsibility, Silver Equivalent, Qualified Person
DISCLAIMER CORPORATE RESPONSIBILITY BP Silver is committed to embrace the highest ethical standards and to act with uncompromising integrity as a responsible Bolivian mineral exploration company. Our goal is to act in accordance with modernized international norms that embody CSR principles to make
Slide 4: Strategic Leadership Driving Shareholder Value
STRATEGIC LEADERSHIP DRIVING SHAREHOLDER VALUE Deep Bolivian Operating Expertise, Aligned Through 22% Insider Ownership Timothy Shearcroft Gonzalo Lemuz Harry Nijjar Hernán Uribe Dr. Mark Cruise CEO, CO-FOUNDER COO & CFO COUNTRY MANAGER EXECUTIVE CHAIRMAN & DIRECTOR CO-FOUNDER BOLIVIA Founder of mul
Slide 5: Dr. Stewart Redwood on Cosuño's Assay Results
DR. STEWART REDWOOD ON COSUÑO’S ASSAY RESULTS 1 Qualified Person and Director of BP Silver “Our recent drill program has delivered compelling high-grade silver results, highlighted by an intersection of 5 meters at 600.40 g/t silver and 1 meter grading 1,655.00 g/t silver — equivalent to an exceptio
Slide 6: The Opportunity in Bolivia
THE OPPORTUNITY IN BOLIVIA COMPANIES OPERATING IN BOLIVIA A Premier Silver Jurisdiction Poised for Growth COMBINED TOTAL VALUATION1 WHY BOLIVIA? C$34.19B+ Representative companies operating in Bolivia TIER-1 SILVER POTENTIAL Home to Cerro Rico, one of the world’s largest silver deposits, and Company
Slide 7: District-Scale Silver Exploration Portfolio in Bolivia
DISTRICT-SCALE SILVER EXPLORATION LOCATED IN BOLIVIA’S PROLIFIC SILVER BELT PORTFOLIO IN BOLIVIA Two Highly Prospective Assets with Near Term Catalysts LAND NEXT PROJECT OWNERSHIP STAGE OPPORTUNITY TYPE KEY ATTRIBUTE POSITION CATALYST Bulk tonnage Phase 1 drilling Phase 2 COSUÑO 52% 3,375 ha Discove
Slide 8: Cosuño Project, Bolivia
COSUÑO PROJECT, BOLIVIA Potential Tier-1 Silver Discovery in the World's Richest Silver District HIGH-GRADE VEIN + BULK-TONNAGE POTENTIAL • On trend with Cerro Rico, San Cristobal, Pulacayo and Santacruz Silver’s Porco mines. • 10 priority targets along 3.5 km mineralized trend. STRONG EARLY DRILL R
Slide 9: Cosuño 3D Map: Drilling Highlights, Mineralized Trend
COSUÑO 3D MAP: DRILLING HIGHLIGHTS, MINERALIZED TREND Cosuño Mineralized Corridor; Demonstrating a Multi-Kilometer Hydrothermal Corridor With Confirmed Silver-Dominant Mineralization at Several Targets TSX-V: BPAG | OTCQB: BPSCF 9
Slide 10: Alteration Comparison: Cosuño vs. Pulacayo
ALTERATION COMPARISON: COSUÑO VS. PULACAYO PULACAYO ANALOGUE Pulacayo (Barren Lithocap): • 10 Km South of Cosuño • Vein System Below Lithocap • Hosted 640 Million ounces of Silver • 200,000 Tons Lead • 200,000 Tons Zinc 3,375 HECTARE PROJECT Large district-scale land position with substantial explor
Slide 11: Jalsuri Targets: New Discovery at Cosuño
JALSURI TARGETS: NEW DISCOVERY AT COSUÑO 16 New Vein and Breccia Structures Define a Cumulative Strike Length of ~2,100 Meters Jalsuri Four short drill holes from Cosuño’s Phase 1 drill program at the Jalsuri target returned a best result of 29.0 m grading 56.03 g/t silver and 0.28 g/t gold (75.15 g
Slide 12: Jalsuri Target Cluster – Initial Surface Sample Results
JALSURI TARGET CLUSTER – INITIAL SURFACE SAMPLE RESULTS 1 Initial Assays Confirm High-Grade Silver and Polymetallic Mineralization: Ag 935 g/t Silver Au 1.51 g/t Gold Zn 5.65 % Zinc Pb 3.16 % Lead 2026 SURFACE SAMPLING PROGRAM • First batch of assay results reported. • Results from multiple targets
Slide 13: Cosuño's 2026 Work Program (Budget C$4.5M)
COSUÑO’S 2026 WORK PROGRAM (BUDGET C$4.5M)1 1 Construction of access roads to all principal Cosuño targets — In Progress. 2 Systematic channel sampling of the principal vein and breccia structures exposed across the property — In Progress. Phase 2 drilling program designed to follow up on the succes
Slide 14: Titiri Project, Bolivia
TITIRI PROJECT, BOLIVIA LARGE UNTAPPED SYSTEM • ~2.5 km mineralized corridor identified by historical work • Large untested silver-lead-zinc mineralized system • System remains open to expansion HISTORICAL ASARCO TRENCH SAMPLING HIGHLIGHTS1: Silver Lead Zinc Length (g/t) % % 22m 141 0.35% 0.33% 18m
Slide 15: Titiri – Key Outcrops & Historical Trenches
TITIRI – KEY OUTCROPS & HISTORICAL TRENCHES A Barite, goethite Footprint of Historical Trenches B Scorodite, Mn oxide C Breccia, goethite cement, bleached sediment clasts Historical Trenching Outlines a Large Mineralized Footprint With Silver-Lead-Zinc Mineralization Across Multiple Target Areas TSX
Slide 16: Capitalization Overview
CAPITALIZATION OVERVIEW 800,000 $1.40 700,000 $1.20 600,000 $1.00 500,000 $0.80 400,000 $0.60 300,000 $0.40 200,000 $0.20 100,000 $0.00 0 09-29-2025 10-29-2025 11-29-2025 12-29-2025 01-29-2026 02-28-2026 03-31-2026 04-30-2026 05-31-2026 06-30-2026 07-31-2026 08-31-2026 TSXV: BPAG Shareholders* Analy
Slide 17: Why BP Silver: Near-Term Catalysts
WHY BP SILVER Near-Term Catalysts Multiple Catalysts Expected Over the Next 6 Months Remaining assays from chip/channel sampling programs across 16 new veins and breccias covering over 2,100 meters. Phase 2 drilling in progress, includes follow-up drilling at Pocañita Chica. First-ever drilling at P
Slide 18: Contact Information
CONTACT INFORMATION Tim Shearcroft CEO, Founder & Director Info@BPSilverCorp.com www.BPSilverCorp.com TSX-V: BPAG | OTCQB: BPSCF 18
Slide 19: Appendix
TSX-V: BPAG | OTCQB: BPSCF APPENDIX
Slide 20: Jalsuri Target Cluster – Initial Surface Sample Results
JALSURI TARGET CLUSTER – INITIAL SURFACE SAMPLE RESULTS 1 Completed on December 17, 2025 – Assays Released in February 20261 1. Refer to news release dated July 29, 2026 Zinc Grades From Channel Samples at Jalsuri, Jalsuri North, and Jalsuri Northeast for more information. TSX-V: BPAG | OTCQB: BPSCF
Slide 21: Cosuño: Phase 1 Drill Program – Cross Section Pocañita Chica Target
COSUÑO: PHASE 1 DRILL PROGRAM – CROSS SECTION POCAÑITA CHICA TARGET1 1. Geological cross-section of the Pocañita Chica Target displaying interpreted structural controls on mineralization along the drill hole trajectory and the corresponding mineralized intercept in DDH CO-0008 and DDH CO-0009. Refer
Slide 22: Cosuño: Phase 1 Drill Program
COSUÑO: PHASE 1 DRILL PROGRAM Completed on December 17, 2025 – Assays Released in February 20261 1. Refer to news release dated December 17, 2025, February 2, 2026, and February 26, 2026 for more information. TSX-V: BPAG | OTCQB: BPSCF 22
Slide 23: Phase 1 Drilling: Significant Drill Intersections
PHASE 1 DRILLING: SIGNIFICANT DRILL INTERSECTIONS Phase 1 Drill Targets: Jalsuri, Benhur, Pocalleta, Pocañita Chica From To Interval Silver Gold Silver Equivalent Hole No Target (m) (m) (m) (g/t) (g/t) (g/t) CO-0001 Jalsuri 22 86 64 37.29 0.21 51.96 inc. 35 64 29 56.03 0.28 75.15 inc. 35 40 5 97.72
Slide 24: Cosuño: Phase 1 Drill Program – System Potential
COSUÑO: PHASE 1 DRILL PROGRAM – SYSTEM POTENTIAL Metal Intersection Hole From (m) Silver occurs within a broader polymetallic Antimony 38.0 m at 0.18% Sb CO-0008 11.0 mineral system. 5.0 m at 0.17% Sb CO-0009 33.0 Associated metals include antimony, Bismuth 38.0 m at 0.47% Bi CO-0008 11.0 bismuth, c
Slide 25: Pocañita Grande: Large-Scale Exploration Target
POCAÑITA GRANDE: LARGE-SCALE EXPLORATION TARGET ~260 m of vertical relief with multiple silicified structures exposed at surface TSX-V: BPAG | OTCQB: BPSCF 25
Slide 26: Pocañita: Multiple Targets Across a Large-Scale System
POCAÑITA: MULTIPLE TARGETS ACROSS A LARGE-SCALE SYSTEM Pocañita Chica and Pocañita Grande span ~1.4 km, with multiple silicified and breccia structures identified at surface TSX-V: BPAG | OTCQB: BPSCF 26
Slide 27: Cosuño Silver Target Model
COSUÑO SILVER TARGET MODEL 1. Disseminated and vein-style, bulk mineable silver of High-Sulphidation Epithermal Type in the Lithocap (Pocañita Chica and Grande Targets) 2 and 3. High-grade silver-gold breccias in the Lihocap (Jalsuri and Jalsuri East) 4 and 5. High grade silver-polymetallic veins in
Slide 28: Core Photos - Hole CO-0008 / Pocañita Chica Target
Core Photos - Hole CO-0008 / Pocañita Chica Target1 1. Core photo from Cosuño’s Phase 1 drilling. Refer to the CO-0008, From 29 m to 34 m: 5 m @ 600.40 g/t silver. Company’s news release dated Hydrothermal Breccia, Strong Advance Argillic Alteration with Pyrite, Sulfosalts and Sulphides. February 27
Slide 29: Core Photos - Hole CO-0008 / Pocañita Chica Target
Core Photos - Hole CO-0008 / Pocañita Chica Target1 Quartz-alunite- diaspore pervasive into the breccia and fills the open spaces Incipient vuggy silica Silicified hydrothermal Silicified breccia, dissemination of hydrothermal sulfides and silver sulfosalts breccia Irregular veinlets of Qz-Di-Al in
Slide 30: Core Photos - Hole CO-0009 / Pocañita Chica Target
Core Photos - Hole CO-0009 / Pocañita Chica Target1 CO-0009, From 19 to 20 m @ 526 g/t silver Hydrothermal breccia with local flow banding and disseminated silver sulfosalts, strong advance Argillic Alteration. CO-0009, From 20 to 21 m @ 106 g/t silver Matrix-supported hydrothermal breccia, with sil
Slide 31: Core Photos - Hole CO-0009 / Pocañita Chica Target
Core Photos - Hole CO-0009 / Pocañita Chica Target1 CO-0009, From 42 to 43 m @ 65.9 g/t silver 1. Core photo from Cosuño’s Dacites affected by Strong Advance Argillic Phase 1 drilling. Refer to the CO-0009, From 36 to 37 m @ 289 g/t silver Alteration; Quartz-Alunite-Dickite Company’s news release da
Slide 32: Cosuño Project
COSUÑO PROJECT Walk-up drill targets – never previously drill tested until December 2025 Same major fault zone that controls the Pulacayo and San Cristobal deposits Large surface, mineralized lithocap - affinity to Cerro Rico model Cerro Rico Model Pulacayo Model Potential for high grade silver vein
Slide 33: What Is a Lithocap?
WHAT IS A LITHOCAP? A lithocap is the extensive zone of alteration that overlies silver-polymetallic vein deposits. The lithocap may be barren or may host epithermal silver deposits. It is similar to the alteration zone that overlies porphyry copper deposits. Bolivian Lithocap Model Sillitoe et al.,
Slide 34: Regional Context & Peer Deposits
REGIONAL CONTEXT & PEER DEPOSITS 50km Cosuño located in southeast portion of the Bolivian tin- silver belt Multiple major deposits and operating mines in the region, controlled by intersection of major structural architecture Major Producing Mines and Deposits in the Bolivia-Argentina Tin-Silver Bel