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Investor Presentaiton

Cerro Las Minitas One of the Largest and Highest Grade Undeveloped Silver Assets in the World 2023 Mineral Resource Estimate (as of March 22nd, 2023 using a $60NSR/t cut-off)¹; Indicated - 140Moz AgEq 42.7Moz Ag, 446Mlb Cu, 364Mlb Pb and 903 Mlb Zn Inferred - 210Moz AgEq: 80Moz Ag, 101Mlb Cu, 571Mlb Pb and 1,029Mlb Zn 5 SouthernSilver EXPLORATION CORP Grade (g/t Ag.Eq) 1,300.0 Revenue-Virginius (TSXV AUN) 1,200.0 Las Chispas (TSX:SIL) 1,100.0 1,000.0 900.0 800.0 Virginia (CNSX:SAND) 700.0 600.0 500.0 400.0 300.0 200.0 100.0 Kitsault Valley Project (TSXV :DV) Bunker Hill (OTCPK:BHLL) Cachinal (OTCPK:AAGF.F) Silver Cliff (TSXV:VML) Cerro Las Minitas (TSXV:SSV) La Cigarra (TSXV KTN) El Tigre (TSXV:SLVR) Diablillos (TSXV ABRA) Bubble Size: Total Resource (AgEq)(2) 800 Moz 400 Moz 200 Moz Bowdens (ASX:SVL) Sierra Mojada (otcpk:SVBL) Ixtaca (TSX:AMM) Tepal (TSXV:DEF) Pulacayo-Paca (TSX:ELEF) 50.0 100.0 150.0 200.0 250.0 Tonnage (Mt) 1. Parameters for the NI 43-101 Compliant Mineral Resource Estimate are described on Slide 11 and in the SSV News Release, dated Mar 22nd, 2023 www.southernsilverexploration.com 300.0 Notes: 1. Parameters for the NI 43-101 Compliant Mineral Resource Estimate are described on Slide 11 and in the SSV News Release, dated Mar 22nd, 2023 Notes for chart • Data as of September 8, 2022 Prices Used (US$): Gold - $1,708/oz, Silver - $18.59/oz, Copper - $7811/MT, Iron - $98/dMT, Lead - $1,881/MT, Zinc $3,128/MT - Discovery Silver's Cordero Mine removed from output. Total tonnage of 782 Mt, grade of 44.1 g/t Ag.Eq Applies to primary asset only (100% basis) TSX-V: SSV OTCQX: SSVFF
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