TSX-V NAS

Overview

Investor Overview

North American Silver provides investors with exposure to a high-grade, past-producing silver asset positioned for near-term production restart in one of the world’s most prolific mining jurisdictions.

The Company’s flagship San Luis de Cordero Project offers a compelling combination of low capital intensity, scalable production potential, and significant resource upside, supported by existing infrastructure and a clear development plan.

Investment Highlights

North American Silver’s strategy is centred on delivering value through disciplined execution and capital efficiency:

  • Near-Term Production Potential
    Positioned for a phased restart with a clear path to initial production
  • Low Capital Requirements
    Estimated restart capital in the range of CAD $15–20 million
  • High-Grade Historical Production
    Past production averaging approximately 650 g/t silver with copper credits
  • Scalable Growth Profile
    Expansion from initial throughput to multi-million ounce annual production
  • Existing Infrastructure
    Underground access and nearby processing facilities reduce development risk

Clear Path to Value Creation

The Company is advancing a structured development plan designed to move efficiently toward production:

  • Completion of a compliant resource estimate
  • Advancement of engineering and economic studies
  • Permitting and regulatory approvals
  • Mine rehabilitation and restart

This phased approach supports risk reduction while maintaining strong upside potential.

Development Timeline

Strategic Advantage

North American Silver benefits from a combination of factors that differentiate it from early-stage exploration companies:

  • Historically producing asset with defined mineralization
  • Lower technical and geological risk
  • Reduced development timelines
  • Capital-efficient restart model

These advantages position the Company as a compelling opportunity within the silver sector.

Leadership & Execution

The Company is led by a team with extensive experience in mine development, operations, and capital markets, with a track record of advancing projects and creating shareholder value.

This experience supports North American Silver’s ability to execute on its strategy and transition efficiently toward production.

Commitment to Shareholders

North American Silver is focused on delivering long-term value through disciplined growth, operational excellence, and responsible development. The Company is committed to maintaining transparent communication with investors and adhering to strong governance standards.