Bp Silver Corp. · TSXV:BPAG
Bp Silver — Investor Presentation (October 2026)
31 slides from Bp Silver's investor presentation, October 2026
Slide 1: Exploring for the Next Tier-One Silver System
C O S U Ñ O S I LV E R P R O J EC T Exploring for the Next Tier-One Silver System CORPORATE PRESENTATION October 2026 TSXV: BPAG | OTCQB: BPSCF
Slide 2: Disclaimer
DISCLAIMER FORWARD LOOKING STATEMENTS This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation and United Stated federal securities laws. Forward-looking information includes, but is not limited to, information with respect to future e
Slide 3: Strategic Leadership Driving Shareholder Value
STRATEGIC LEADERSHIP DRIVING SHAREHOLDER VALUE Deep Bolivian Operating Expertise, Aligned Through 22% Insider Ownership Timothy Shearcroft Gonzalo Lemuz Harry Nijjar Hernán Uribe Dr. Mark Cruise CEO, CO-FOUNDER & COO & CFO COUNTRY MANAGER EXECUTIVE CHAIRMAN DIRECTOR CO-FOUNDER BOLIVIA Founder of mul
Slide 4: Dr. Stewart Redwood on Cosuño Phase 2 Assays
DR. STEWART REDWOOD ON COSUÑO PHASE 2 ASSAYS 1 Qualified Person and Director of BP Silver The Pocañita Chica target continues to demonstrate high-grade silver mineralization within feeder structures occurring within broader intervals of silver mineralization. Hole CO-0013 is particularly significant
Slide 5: The Opportunity in Bolivia
THE OPPORTUNITY IN BOLIVIA COMPANIES OPERATING IN BOLIVIA A Premier Silver Jurisdiction Poised for Growth COMBINED TOTAL VALUATION1 WHY BOLIVIA? C$27.68B+ Representative companies operating in Bolivia TIER-1 SILVER POTENTIAL Home to Cerro Rico, one of the world’s largest silver deposits, and Company
Slide 6: District-Scale Silver Exploration Portfolio in Bolivia
DISTRICT-SCALE SILVER EXPLORATION LOCATED IN BOLIVIA’S PROLIFIC SILVER BELT PORTFOLIO IN BOLIVIA Led by the Flagship Cosuño Project LAND NEXT PROJECT OWNERSHIP STAGE OPPORTUNITY TYPE KEY ATTRIBUTE POSITION CATALYST High-grade feeder / Large 10.5 km Additional COSUÑO 52% 3,375 ha Discovery vein struc
Slide 7: Cosuño Project, Bolivia
COSUÑO PROJECT, BOLIVIA Potential Tier-1 Silver Discovery in the World's Richest Silver District HIGH-GRADE VEIN + BULK-TONNAGE POTENTIAL • On trend with Cerro Rico, San Cristobal, Pulacayo and Santacruz Silver’s Porco mines. • 10 priority targets along 3.5 km mineralized trend. PHASE 2 DRILLING HIG
Slide 8: Cosuño Project 3D Plan View Map Showing Drill Collars
COSUÑO PROJECT 3D PLAN VIEW MAP SHOWING DRILL COLLARS1 1. Refer to news release dated October 28, 2026 for more information. TSX-V: BPAG | OTCQB: BPSCF 8
Slide 9: Alteration Comparison: Cosuño vs. Pulacayo
ALTERATION COMPARISON: COSUÑO VS. PULACAYO PULACAYO ANALOGUE Pulacayo (Barren Lithocap): • 10 Km South of Cosuño • Vein System Below Lithocap • Hosted 640 Million ounces of Silver • 200,000 Tons Lead • 200,000 Tons Zinc 3,375 HECTARE PROJECT Large district-scale land position with substantial explor
Slide 10: Pocañita Chica – Feeder Structures & Potential at Depth
POCAÑITA CHICA – FEEDER STRUCTURES & POTENTIAL AT DEPTH 1 1 HIGH-GRADE FEEDER STRUCTURE CO-0013 intersected 3.0 m @ 1,328.8 g/t silver equivalent within 7.0 m @ 634.1 g/t silver equivalent, associated with high-grade silver, bismuth and antimony within hydrothermal breccias. This mineralization may
Slide 11: Additional Feeder Structure, Pocañita Chica Target - CO-0008
ADDITIONAL FEEDER STRUCTURE, POCAÑITA CHICA TARGET - CO-0008 1 HIGH GRADE SILVER WITHIN BROAD SILVER MINERALIZATION • 5 m @ 600.4 g/t silver and 1.0 m @ 1,655 g/t silver, within 38.0 m @ 116.39, demonstrating broad silver mineralization associated with the interpreted structural corridor. 2 SUPPORTI
Slide 12: Additional Feeder Structure, Pocañita Chica Target - CO-0009
ADDITIONAL FEEDER STRUCTURE, POCAÑITA CHICA TARGET - CO-0009 1 CONTINUED SILVER MINERALIZATION • CO-0009 intersected 6.0 m @ 147.10 g/t silver and 1.0 m @ 526 g/t silver within 58.0 m @ 46.23 g/t silver, demonstrating additional silver mineralization associated with the interpreted structural corrid
Slide 13: Jalsuri Targets: Expanding Discovery at Cosuño
JALSURI TARGETS: EXPANDING DISCOVERY AT COSUÑO 16 New Vein and Breccia Structures Define a Cumulative Strike Length of ~2,100 Meters Jalsuri North Phase 2 drilling highlighted high-grade silver-gold mineralization at Jalsuri North, with CO-0019 intersecting 10 m @ 183.62 g/t silver and 0.59 g/t gold
Slide 14: Jalsuri North: High-Grade Silver-Gold Mineralization
JALSURI NORTH: HIGH-GRADE SILVER-GOLD MINERALIZATION 1 HIGH-GRADE SILVER-GOLD INTERSECTION CO-0019 returned 10 m @ 239.65 g/t silver equivalent, including 2 m @ 600.04 g/t silver equivalent, demonstrating high-grade silver-gold mineralization within the broader mineralized interval. 2 CONTINUED BROA
Slide 15: Jalsuri North: Broad Zinc-Rich Discovery
JALSURI NORTH: BROAD ZINC-RICH DISCOVERY 1 HIGH-GRADE SILVER WITHIN THE SYSTEM The hole also returned 2 m @ 495.4 g/t silver equivalent, highlighting the presence of high-grade silver mineralization alongside broad zinc-rich intervals. 2 BROAD ZINC-RICH MINERALIZATION CO-0015 intersected 142 m @ 2.1
Slide 16: Cosuño's 2026/2027 Work Program (Budget C$4.5M)
COSUÑO’S 2026/2027 WORK PROGRAM (BUDGET C$4.5M)1 1 Construction of access roads to all principal Cosuño targets — In Progress. 2 Systematic channel sampling of the principal vein and breccia structures exposed across the property — In Progress. Phase 2 Drilling (Expanded to >3,000 Meters) — In Progr
Slide 17: Titiri Project, Bolivia
TITIRI PROJECT, BOLIVIA LARGE UNTAPPED SYSTEM • ~2.5 km mineralized corridor identified by historical work • Large untested silver-lead-zinc mineralized system • System remains open to expansion HISTORICAL ASARCO TRENCH SAMPLING HIGHLIGHTS1: Silver Lead Zinc Length (g/t) % % 22m 141 0.35% 0.33% 18m
Slide 18: Capitalization Overview
CAPITALIZATION OVERVIEW 800,000 $1.40 700,000 $1.20 600,000 $1.00 500,000 $0.80 400,000 $0.60 300,000 $0.40 200,000 $0.20 100,000 $0.00 0 10-28-2025 11-28-2025 12-28-2025 01-28-2026 02-28-2026 03-31-2026 04-30-2026 05-31-2026 06-30-2026 07-31-2026 08-31-2026 09-30-2026 TSXV: BPAG Shareholders* Analy
Slide 19: Why BP Silver: Near-Term Catalysts
WHY BP SILVER Near-Term Catalysts What to Watch Over the Next Six Months EXPAND THE DISCOVERY AT POCÁÑITA CHICA • Follow up on the high-grade feeder structure intersected in CO-0013, CO-0008 and CO-0009 • Test the potential for higher-grade mineralization down dip and along strike • Continue Phase 2
Slide 20: Contact Information
CONTACT INFORMATION Tim Shearcroft CEO, Founder & Director [email protected] (604) 256-5096 www.BPSilverCorp.com TSX-V: BPAG | OTCQB: BPSCF 20
Slide 21: Appendix
TSX-V: BPAG | OTCQB: BPSCF APPENDIX
Slide 22: Phase 2 Drill Assays — Silver Equivalent
PHASE 2 DRILL ASSAYS — SILVER EQUIVALENT Assays released September 29, 2026 Hole No From m To m Interval m Ag g/t Bi % Sb % AgEq g/t CO-0012 9.5 46.5 37 27.3 0.0224 0.0202 39.3 inc. 16.5 21.5 5 41.6 0.0193 0.0220 52.4 inc. 39.5 42.5 3 48.5 0.0503 0.0710 85.8 59.5 89.5 30 25.6 0.0038 0.0072 27.6 inc.
Slide 23: Phase 2 Drill Assays — Silver Equivalent (Continued)
PHASE 2 DRILL ASSAYS — SILVER EQUIVALENT (CONTINUED) Assays released October 20 and October 28, 2026 Hole No From m To m Interval m Ag g/t Au g/t Bi % Cu % Pb % Zn % Sb % AgEq g/t CO-0011 81.5 106.5 25 18.32 0.01 0.0069 0.0042 0.0029 0.0390 0.0062 23.17 CO-0014 74 79 5 14.19 0.01 0.0050 0.0023 0.020
Slide 24: Phase 2 Drill Assays — Zinc Equivalent
PHASE 2 DRILL ASSAYS — ZINC EQUIVALENT Assays released October 20 and October 28, 2026 Hole No From m To m Interval m Ag g/t Au g/t Bi % Cu % Pb % Zn % Sb % ZnEq % CO-0015 5 147 142 8.89 0.04 0.0025 0.0567 0.0722 1.4180 0.0033 2.1392 inc. 5 64 59 12.25 0.07 0.0033 0.0556 0.1485 2.5739 0.0056 3.7191
Slide 25: Cosuño: Phase 1 Drill Program
COSUÑO: PHASE 1 DRILL PROGRAM Completed on December 17, 2025 – Assays Released in February 20261 1. Refer to news release dated December 17, 2025, February 2, 2026, and February 26, 2026 for more information. TSX-V: BPAG | OTCQB: BPSCF 25
Slide 26: Phase 1 Drilling: Significant Drill Intersections
PHASE 1 DRILLING: SIGNIFICANT DRILL INTERSECTIONS Phase 1 Drill Targets: Jalsuri, Benhur, Pocalleta, Pocañita Chica From To Interval Silver Gold Silver Equivalent Hole No Target (m) (m) (m) (g/t) (g/t) (g/t) CO-0001 Jalsuri 22 86 64 37.29 0.21 51.96 inc. 35 64 29 56.03 0.28 75.15 inc. 35 40 5 97.72
Slide 27: Cosuño: Phase 1 Drill Program – System Potential
COSUÑO: PHASE 1 DRILL PROGRAM – SYSTEM POTENTIAL Metal Intersection Hole From (m) Silver occurs within a broader polymetallic Antimony 38.0 m at 0.18% Sb CO-0008 11.0 mineral system. 5.0 m at 0.17% Sb CO-0009 33.0 Associated metals include antimony, Bismuth 38.0 m at 0.47% Bi CO-0008 11.0 bismuth, c
Slide 28: Cosuño Silver Target Model
COSUÑO SILVER TARGET MODEL 1. Disseminated and vein-style, bulk mineable silver of High-Sulphidation Epithermal Type in the Lithocap (Pocañita Chica and Grande Targets) 2 and 3. High-grade silver-gold breccias in the Lithocap (Jalsuri and Jalsuri East) 4 and 5. High grade silver-polymetallic veins i
Slide 29: Cosuño Project
COSUÑO PROJECT Walk-up drill targets – never previously drill tested until December 2025 Same major fault zone that controls the Pulacayo and San Cristobal deposits Large surface, mineralized lithocap - affinity to Cerro Rico model Cerro Rico Model Pulacayo Model Potential for high grade silver vein
Slide 30: Regional Context & Peer Deposits
REGIONAL CONTEXT & PEER DEPOSITS 50km Cosuño located in southeast portion of the Bolivian tin- silver belt Multiple major deposits and operating mines in the region, controlled by intersection of major structural architecture Major Producing Mines and Deposits in the Bolivia-Argentina Tin-Silver Bel
Slide 31: Titiri – Key Outcrops & Historical Trenches
TITIRI – KEY OUTCROPS & HISTORICAL TRENCHES A Barite, goethite Footprint of Historical Trenches B Scorodite, Mn oxide C Breccia, goethite cement, bleached sediment clasts Historical Trenching Outlines a Large Mineralized Footprint With Silver-Lead-Zinc Mineralization Across Multiple Target Areas TSX