Silver X Mining (AGX) Corporate presentation summary

Strategic vision and market positioning

• Aims to become a leading silver company by unlocking asset value, driving profitable growth, and delivering lasting stakeholder value.

• Operates in one of Peru's largest underdeveloped silver districts, with a 20,795-hectare land package integrating production, development, and exploration.

• Focuses on immediate revenue, scalable growth, and long-term discovery upside within a single project.

• Trades at a 0.70x P/NAV, offering a compelling entry point compared to peers.

• Deep commitment to responsible mining, community engagement, and environmental stewardship.

Production growth and resource expansion

• Tangana Mining Unit producing at 500 tpd, expanding to 720 tpd, with a target of 3,000 tpd by 2029.

• Plata Mining Unit expected to come online in 2027, supporting growth to 6M AgEq oz/year by 2029.

• Defined 150M AgEq oz resource, with potential to grow 3-5x; significant increase in gold content (~229k Au oz).

• 2025 PEA outlines two mining units, each with ~1,500 tpd capacity, 14-year mine life, and peak production of 8.7M AgEq oz.

• Ongoing 40,000m drill program and exploration targeting a +250M AgEq oz deposit.

Project and operational highlights

• Tangana Mining Unit commenced commercial production in January 2023, currently focusing on only 10% of the resource.

• Tangana resource: 10.4 Mt @ 7.24 oz AgEq/t (~75.8 Moz AgEq), with upside from 40+ identified veins.

• Plata Mining Unit: 6.5 Mt @ 7.24 oz AgEq/t (~47.3 Moz AgEq), historically high-grade with strong expansion potential.

• Red Silver resource: 1.9 Mt @ 16 oz/t Ag, containing >31 Moz Ag, with bonanza grades confirmed by recent sampling.

• High-grade gold-silver assets and multiple exploration targets in Huancavelica, including Pampas, Victoria, and Ccasahuasi.