Andean Silver (ASL) RRS Gold Coast Conference presentation summary

Investment highlights and growth strategy

• Shallow, high-grade silver and gold project with significant recent resource growth and ongoing drilling targeting further expansion.

• Over 400km² of mining and exploration tenure with multiple mineralization styles and district-scale targets.

• Existing infrastructure valued at over A$150M, including a 500ktpa processing plant, permitted TSF, and extensive underground development.

• Strong cash position of A$10.5M and tight capital structure with recent successful capital raises.

• Located in Chile’s world-class Deseado Massif, benefiting from government and community support and proximity to major mining companies.

Resource base and exploration upside

• Total indicated and inferred resource of 50.2Moz AgEq, with high-grade underground and open pit resources.

• Multiple high-grade veins and mineralized systems remain open and largely untested, offering substantial exploration upside.

• Recent discoveries near the mill, such as the Cristal veins, show exceptional grades and proximity to processing facilities.

• Regional prospects like Cerro Diablo and Los Domos present additional high-grade polymetallic targets with limited historic drilling.

• Ongoing drilling and resource updates expected to drive rapid, low-cost resource growth.

Infrastructure and operational readiness

• Over A$150M in infrastructure, including a 1,650tpd flotation plant, 12MW power facility, water rights, and extensive site facilities.

• Six independent underground mines with over 30km of development, connected utilities, and critical spares on site.

• Skilled local workforce and strong logistical links to nearby towns and ports.

• Environmental approvals and permitted TSF in place, supporting near-term restart potential.