Slide 1: A Pure Silver Company - El Quevar Project
A Pure Silver Company El Quevar Project SEPTEMBER 2026 TSX.V: AGAG - OTCQX: AGAGF - FRA: T1K
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain forward-looking statements that are not historical facts. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic
Slide 3: 1.5 years drilling
1.5 years drilling SINCE 26-MAY-2025 ~2 years on the market SINCE 28-OCTOBER-2024 ~25% resource footprint expansion >20% of historical DDH drilled by us From 3% to 25% surface explored Multiple new targets defined + followed up TSX.V: AGAG - OTCQX: AGAGF - FRA: T1K
Slide 4: Building Value
Building Value $5.5B $50B+ 250+ RAISED VALUE COMPANIES CREATED FOUNDED Joaquin Marias Frank Giustra President, CEO and Director Major Shareholder ARGENTA SILVER Corp. FIORE Group TSX.V: AGAG argentasilver.com 4
Slide 5: A New Silver Force
A New Silver Force • 28th of October 2024: Began trading on TSX.V as AGAG • C$ 0.15 : Opening share price. • C$ 1.17 : 52-week high. • 208% Share Price Appreciation, 2025. • 371% Market Cap Growth, 2025. • C$ 60.5 M raised since inception. • 3rd January 2025: Commenced exploration. • May 2025: Drill
Slide 6: El Quevar Project
El Quevar Project High-grade, low-tonnage, pure silver play Yaxtché Mineral Resource Estimate (2024)(1) Category Tonnage (Mt) Silver Grade (g/t) Metal Cont. (Moz Ag) Indicated 2.93 482 45.3 Inferred 0.31 417 4.1 Unlocked expansion potential due to previous lack of funding and abandonment. (1) Source
Slide 7: High Grade Pure
DDH QVD-167 (pre-Argenta Historical Drillhole) DDH QVD-194 (pre-Argenta Historical Drillhole) High From To Ag Au Pb Zn Cu From To Ag Au Pb Zn Cu Intercept Intercept [m] [m] [g/t] [g/t] [%] [%] [%] [m] [m] [g/t] [g/t] [%] [%] [%] 228 230 29 0.0 0.2 0.4 0.0 278 279 38 0.0 0.9 0.2 0.0 Grade 230 231 849
Slide 8: Preliminary Metallurgy Test Results
Preliminary Metallurgy News Release September 21, 2026 Test Results Initial Rougher and Cleaner tests* Cleaner Flotation Test* *The reported results represent an early stage of the Recovery: 96% Ag metallurgical test work program and are preliminary, not final, Concentrate: 14,857 g/t Ag and have no
Slide 9: Preliminary Metallurgy Test Results
Preliminary Metallurgy ROUGHER FLOTATION TEST Rougher Conc. Test Results Sample ID EQ-VAR-01 Head Grade 238 Grade (g/t Ag) 946 Ag Recovery (%) 99% 219 87% Initial Rougher and Cleaner tests EQ-VAR-02 223 2,082 EQ-VAR-03 2,341 75% EQ-VAR-04 229 2,385 89% EQ-VAR-05 280 5,305 91% • 13 of 15 samples aver
Slide 10: Salta: Latin-America's Premier Mining Region
Salta: Latin- America’s Premier El Quevar Mining Region Located in Salta Argentina, most pro-mining province in the country. Major companies working in the province, including Rio Tinto, First Quantum, Aldebaran, AbraSilver, and Fortuna Mining. Circa 35 registered projects, mostly lithium, followed
Slide 11: Infrastructure for Success
Infrastructure Internal for Success • Ready-to-use camp for 100 workers. • Over 80kms of internal roads (high construction cost). • Over 440 drillholes (115,000 meters drilled). • 1,250-meter underground decline ramp. • Multiple onsite generators. • Core logging facilities. • Multiple buildings, war
Slide 12: Fully Operational Camp Site
[real aerial picture] Fully Operational Provincial road Camp Site National railway Gas pipeline • Camp for 100 workers, expandable to >200. • >C$ 100 M inflation-adjusted investment by previous owner on high quality infrastructure. Kitchen Waste-water plant Dinner First Aid Room Core yard Cold stora
Slide 13: Strategically Located for Success
Solar Farm Solar Farm Salta Quevar North Strategically Camp Historical Located for Exploration Footprint Success • Pocitos Quevar South • 100% owned land package, covering the majority of the El Quevar Volcanic Complex, Argentina’s 2nd largest volcanic complex. • Located along a world-class continen
Slide 14: Blue Sky Exploration
Blue Sky Yaxtché Mineral Resource Exploration Quevar South Quevar North • 3 erosional windows with access to deep portions of the El Quevar volcanic complex. Azufre • Most of the complex remains unexplored (~97%). • High potential for more silver/gold epithermal and porphyry discoveries*. A B ~20Km
Slide 15: District-Scale Land Package
District-Scale VANCOUVER SHANGHAI Land Package N 30 Km PARIS MANHATTAN Historical exploration, resource • One consolidated land package of 57,000 hectares . • 3% explored, 54,000 hectares open for exploration. • High potential for new discoveries. argentasilver.com 15 TSX.V: AGAG
Slide 16: High-grade, Low-tonnage Silver
High-grade, Mineral Resource Estimate (2024)(1) Low-tonnage Silver Category Tonnage (Mt) Silver Grade (g/t) Metal Cont. (Moz Ag) EXISTING RESOURCE AT MAIN DEPOSIT: YAXTCHE Indicated 2.93 482 45.3 Inferred 0.31 417 4.1 Robust Mineral Resource with Ample Opportunity to Grow • Entire Mineral Resource E
Slide 17: High-grade, Low-tonnage Silver: Visual Scale
High-grade, El Quevar Indicated Resource 2.93 Mt containing 45.3 Moz of silver at 482 g/t Ag. 1 Low-tonnage (1) Source: Refer to NI43-101 technical report with effective date of September 30, 2024, titled “NI 43-101 Technical Report on the Mineral Resource Estimate of the El Quevar Project Salta Pro
Slide 18: 2025-2026 Drill Results
2025-2026 Drill Results QVD-435 HIGHLIGHT DRILL PROGRAM RESULTS 912 g/t Ag over 3.0m QVD-410 (64 to 67m) QVD-413 414 g/t Ag over 14.35m 533 g/t Ag over 20.2m QVD-426 (101 to 121.2m) (258.65 to 273.0m) 517 g/t Ag over 20.0m QVD-432 (326 to 346m) 639 g/t Ag over 6.0m (153 to 159m) QVD-409 QVD-432 309
Slide 19: 2025 Drill Results
2025 Drill Results WINTER 2025 DRILL PROGRAM RESULTS QVD-412 1026 g/t Ag over 40.0m (290.00 to 330.0m) including 532 g/t Ag over 7.0m and 1,575 g/t Ag over 2.0m including 2,246 g/t Ag over 15.0 m and 2,815 g/t Ag over 2.0m and 4,423 g/t Ag over 6.0m including 347 g/t Ag over 9.0 m 18,467 g/t Ag over
Slide 20: Expansion Potential
Expansion Potential ON-GOING RESOURCE EXPANSION PROGRAM >20% OF FOOTPRINT EXPANSION TO DATE 2025 PLUS 2026 DRILLING TO BE INCLUDED IN PLANNED 2027 MINERAL RESOURCE UPDATE
Slide 21: Mani-Copan Same Grade, Same Chemistry
Mani-Copan Same Grade, Same Chemistry New Follow-Up Discoveries • 2025 Surface results returned bonanza grades. • Follow up drilling returned high- grade silver, chemistry matching the Resource. • Potential oblique structure to the Yaxtche Deposit. 2025 Rock Chip Samples (Ag g/t) Mani >1000 500-1000
Slide 22: Surface Samples and Drillholes Map
F > Surface Samy 103462 1,500 g/t Ag 4,982 g/t Ag over 7.50m (from 39.0m to 47.0m) . "Surface Sample 54210632 ae 2 | 2025 Rock Chip Samples (Ag g/t) @ > 1000 ] @ 500 - 1000 @ 250-500 e Historic Drillholes © 100-250 © 2025 - 2026 Drillholes Surface Sample 103732 1,500 g/t Ag 6,000 g/t . Ag A 4 Surfac
Slide 23: Mani Sub-Surface
Mani Sub-Surface #3417900 E #3418200 E QVD-330 }+3418500 E #3418800 E ARGENTA SILVER TSX.V: AGAG Plunge 00 Azimuth 0 0 100 200 [+3419100€ 00 Looking North 300
Slide 24: New Gold & Copper Discovery: Carmen
New Gold & Copper Discovery: Carmen • Quevar North and South host surface evidence of systems that might be related to gold mineralization. QVD-425 • The nature of the Volcanic Complex 0.57 g/t Au + 0.58% Cu over 44.0m increases the potential finding porphyry deposits. • CARMEN is the first target t
Slide 25: New Copper and Gold Discovery
New Copper and Gold Discovery CARMEN DISCOVERY DDH QVD-425 44.00m with 0.57 g/t Au and 0.58% Cu including: 2.56 g/t Au and 4.33% Cu over 2.00m, and 3.92 g/t Au with 6.23% Cu over 1.00m, and 4.87 g/t Au with 8.52% Cu over 0.80m. * CONFIRMED WITH QVD-427A 0.29 g/t Au over 22.90m including 0.66 g/t Au
Slide 26: New Copper and Gold Discovery
New Copper and Gold Discovery *Estimated true widths vary between 60 to 85% of core reported length. TSX.V: AGAG argentasilver.com 26
Slide 27: 2026 Exploration Substantial Footprint
Solar Farm 2026 Exploration Solar Farm Substantial Footprint to be covered in 2026 compared to previous explorers. N • 60 km2 to be covered with geophysics. Camp • Large-surface area sampling and mapping. • Preparation of new Environmental Base Line Studies. • Development of new Metallurgical Testwo
Slide 28: Exploration Targets
EXPLORATION TARGETS ys 1- Fanny 11-Rosa 2-Escondida 12- Argentina 3- Carolina 13- Argentina South 4-Vince 14- Puntana 5- Mani-Copan 15- Quebrada de Oro 6-Atenea 16- Ay La Puna 7- Azufre 17-Tetera 8-Cerro Diatrema 18-Manuela 9- Carmen 19- Gabriela 10- Andrea 20- Camila @ Yextche Mineral Resource vy R
Slide 29: Driving Value
Driving Value Systematic Growth + De-Risking Key Catalysts* 2025 2026 2027 2028 Capital Allocation 40% RESOURCE EXPANSION + 60% NEW DISCOVERIES Drilling Goal: To Increase Ounces Surface Exploration Mapping & Sampling: Quevar North & South (all targets) Geophysics 60km2 Mag. IP + CSMAT Metallurgy Stu
Slide 30: Local Support & Diversity
Local Support & Diversity Positive engagement with Indigenous and Government leaders in Salta Province. Salta Mining Olympics games Team Silex (Argenta Silver subsidiary) May 2026. 90% of contracted services are from Salta. 80% of our workforce is from Salta. >45% of our workforce is from Local Comm
Slide 31: Investment That Returns
Investment That Returns Forecasted Consolidated Budget (Canada + Argentina) 2026 Exploration Budget Considering Expenditure for up to 40,000 meters of Drilling + Surface Work + Geophysics + Metallurgy C$ 60.5 M raised in a period of 18 months. 91% of treasury is allocated per budget directly into Ex
Slide 32: Capital Share Structure
Capital Share TSX.V: AGAG OTCQX: AGAGF FRA: T1K Structure ~13% High Net Worth Issued & Outstanding ~15% Institutional Common Shares 290,337,502 Stock Options 22,086,750 ~50% Warrants 28,391,075 ~10% Retail Fully Diluted 340,815,327 Frank Giustra ~ C$24 Million in working capital Zero debt. ~10% No p
Slide 33: We have a clear vision to scale this into a much larger company
Frank Giustra Major Shareholder We have a clear vision to scale this into a much larger company. Joaquin Marias President, CEO and Director TSX.V: AGAG argentasilver.com 33
Slide 34: Argentina is Open for Business
Argentina is Open for Business Under President Javier Milei, Argentina is attracting foreign direct investment after years of market isolation. Strengthened institutions have positioned Argentina as a key opportunity in South America. New regulations supporting natural resource industries, and inves
Slide 35: Silver Today for Tomorrow
Silver Today for Tomorrow Silver demand is rising, boosting price performance. Strong demand from the photovoltaic industry. Immediate need for next-gen silver batteries. Prices climbing due to geopolitical concerns. Silver remains undervalued compared to gold. M&I Inf Total Resources Resources Rese
Slide 36: RIGI vs Investment Law
RIGI vs Investment Law Argenta’s subsidiary, Silex Argentina S.A., has already applied under 1993 Argentina’s Mining Investment Law. This provides the project with an established legal framework, long-term fiscal stability, and supports mining-related tax and customs benefits, similarly to RIGI with
Slide 37: Notes
Notes TSX.V: AGAG argentasilver.com 37
Slide 38: El Quevar Project
A Pure Silver Company El Quevar Project For further information, please contact: Joaquín Marias Vanessa Bogaert President, CEO and Director – Argenta Silver VP Investor Relations and Communications – Argenta Silver jm@argentasilver.com | +1 778 3192415 vb@argentasilver.com | +1 2362686945 TSX.V: AGA