Masivo Silver : Corporate Presentation

Corporate Presentation

April 2023

Important Disclaimer

Future Matters

This corporate presentation ("Presentation") has been prepared by Masivo Silver Corp ("Masivo") based on information available to it from them and third party sources. By retaining this Presentation, you (the Recipient) acknowledge and represent to Gainey that you have read, understood and accepted the terms of this Important Notice. If you do not accept these terms, you should immediately destroy or delete this Presentation.

This Presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in Masivo. You should not treat the contents of this Presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters.

No representation or warranty is made by Masivo or any of its advisers, agents or employees as to the accuracy, completeness or reasonableness of the information in this Presentation or provided in connection with it. No information contained in this Presentation or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections set out in this Presentation. No liability will attach to Masivo, with respect to any such information, estimates, forecasts or projections.

This Presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of Masivo. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks.

The performance and operations of Gainey may be influenced by a number of factors, many of which are outside the control of Masivo. No representation or warranty, express or implied, is made by Masivo, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved.

Given the risks and uncertainties that may cause Masivo's actual future results, performance or achievements to be materially different from those expected, planned or intended, Recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. Masivo does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended.

Qualified Person

Masivo does not accept responsibility or liability for any loss or damage suffered or incurred by you or any other person or entity however caused (including, without limitation, negligence) relating in any way to this Presentation including, without limitation, the information contained in or provided in connection with it, any errors or omissions from it however caused (including without limitation, where caused by third parties), lack of accuracy, completeness, currency or reliability or you, or any other person or entity, placing any reliance on this Presentation, its accuracy, completeness, currency or reliability. Gainey does not accept any responsibility to inform you of any matter arising or coming to Masivo's notice after the date of this Presentation which may affect any matter referred to in this Presentation.

The distribution of this Presentation may be restricted by law in certain jurisdictions. Recipients and any other persons who come into possession of this Presentation must inform themselves about, and observe any such restrictions.

Brian Brewer, P. Geo., is a Qualified Person, as defined by NI 43-101. Mr. Brewer has reviewed the technical content of this Presentation and consents to the information provided in the form and context in which it appears.

Mission

Develop high grade precious metal deposits in world class districts

Masivo Silver is a Canadian junior silver and gold mining exploration company, based in Vancouver, B.C. Masivo is currently focused on exploration projects in the State of Nevada and in the States of Sinaloa, Nayarit and Durango located in Sierra Madre's 'Golden Corridor' in Mexico. Along with current and planned drill programs the company is analyzing several properties to add to its project portfolio.

Capital Structure

January 30 share price:
$0.3250
Common shares issued:
21,907,494
Stock Options:
1,356,000
Warrants:
5,246,697
Debt:
0
Fully Diluted:
30,373,494

Strong Insider ownership: Eric Sprott and Ernesto Echavarria

4

Nevada - A World Class Mining District

In 2018, Nevada produced 5,581,160 troy ounces, representing 78% of US gold and 5.0% of the world's production.

Total gold production recorded from Nevada from 1835 to 2017 totals 205,931,000 troy ounces, worth US$370.6 billion at 2021 values.

Masivo Silver acquired the highly prospective silver-gold-copper Nevada Project located in Elko County on May 26th, 2021, covers approximately 543 hectares (1,342 acres), consisting of 65 unpatented claims, including the historic Boston Mine.

Geological Overview

The Nevada Project covers about nine kilometres of prospective metamorphosed limestones containing silver, gold and copper stratabound skarn mineralization marginal to the contact of a Jurassic aged granodiorite intrusion. Mineralization consists of bornite, chalcopyrite and diginite with silver and gold in calc-silicate hornfels adjacent to faults and altered porphyry dikes, as well as in stratiform replacement of favourable horizons adjacent to the granodiorite contact.