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Investor Presentaiton

Global Resource Mineral Resources Measured & Indicated Tonnes Ag Au Pb/Zn AgEq AgEq (t) (g/t) (g/t) (%) (g/t) (oz) El Cubo 508,000 194 2.44 389 6,310,000 Pinguico (Stockpile) 210,000 79 0.60 127 860,000 Valenciana 251,666 250 1.76 400 3,235,029 San Ignacio 267,828 145 2.80 384 3,302,726 Topia 331,800 609 1.84 4.4/4.5 1,041 11,107,000 TOTAL 24,814,755 Inferred El Cubo 1,400,000 214 2.78 435 20,310,000 Valenciana 220,760 225 1.95 391 2,776,596 San Ignacio 445,217 178 2.65 404 5,781,944 Topia 274,600 592 1.44 3.3/3.6 932 8,221,000 TOTAL 37,089,540 A Source: Behre Dolbear & Company (USA Inc.) PEA Jan 29, 2021 Source: Great Panther N143-101 Mineral Resource Estimate: July 31, 2021 Source: Great Panther NI43-101 Mineral Resource Estimate: March 31, 2021 15
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