AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.

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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
AFTERMATH SILVER
  TSX.V: AAG - OTCQB: AAGFF

               THE BERENGUELA SILVER – COPPER PROJECT
                    A TRANSFORMATIVE ACQUISITION

                                        THE RIGHT COMBINATION
August 2020
Photograph: Berenguela        ・ Silver ・ Management ・ Chile ・ Peru
AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
Important Information
Cautionary Statement on Forward Looking Information
This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation
or which would require any registration or licensing within such jurisdiction. This presentation does not constitute or form a part of, and should not be construed as an offer, solicitation or invitation to subscribe for, underwrite or otherwise acquire, any securities of Aftermath
Silver, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever.
Certain information in this presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively "forward-looking statements"). All statements, other than statements of historical fact are forward looking
statements. Forward-looking statements are based on the beliefs and expectations of Aftermath Silver as well as assumptions made by and information currently available to Aftermath Silver management. Such statements reflect the current risks, uncertainties and assumptions
related to certain factors including but not limited to, all costs varying significantly from estimates, production rates varying from estimates, changes in metal markets, changes in equity markets, the proposed use of net proceeds from private placements, availability and costs of
financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates or metal recoveries, ability to complete future drilling programs, drilling program results varying from expectations, delays in obtaining survey results, success
of future development initiatives, the completion and implementation of a preliminary economic assessment, pre-feasibility or feasibility studies, competition, operating performance, environmental and safety risks, delays in obtaining or failure to obtain necessary permits and
approvals from local authorities, community relations, and other development and operating risks. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described
herein. Although Aftermath Silver believes that assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the
inherent uncertainty therein. For more information the reader is referred to the Company’s filings with the Canadian securities regulators for disclosure regarding these and other risk factors, accessible through Aftermath’s profile at www.sedar.com Except as may be required by
applicable securities laws, Aftermath Silver disclaims any intent or obligation to update any forward-looking statement.
 Although Aftermath Silver has attempted to identify important risks, uncertainties and other factors that could cause actual performance, achievements, actions, events, results or conditions to differ materially from those expressed in or implied by the forward-looking
 information, there may be other risks, uncertainties and other factors that cause performance, achievements, actions, events, results or conditions to differ from those anticipated, estimated or intended. Unless otherwise indicated, forward-looking statements contained herein
 are as of the date hereof and Aftermath Silver disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable law.
Cautionary Note About Mineral Resources
This presentation uses the terms measured, indicated and inferred resources as a relative measure of the level of confidence in the Mineral Resource estimate. Readers are cautioned that: (a) Mineral Resources are not economic Mineral Reserves; (b) the economic viability of
Mineral Resources that are not Mineral Reserves has not been demonstrated; and (c) it should not be assumed that further work on the stated Mineral Resources will lead to Mineral Reserves that can be mined economically. In addition, Inferred Resources are considered too
geologically speculative to have any economic considerations applied to them. It cannot be assumed that all or any part of an Inferred Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Resources may not form the basis of feasibility
or pre-feasibility studies or economic studies except for certain preliminary economic assessments.
Historic Mineral Resources
This presentation quotes a Historic Mineral Resource for Berenguela. Please note, an independent “Qualified Person”, as defined in National Instrument 43-101 (“NI 43-101”), has not yet completed sufficient work on behalf of Aftermath to classify the historical estimate as a
current Indicated or Inferred Mineral Resource, and Aftermath is not treating the historical estimate as a current Mineral Resource. For details of the Berenguela Historic JORC Mineral Resource please see the News Release by Valor Resource Ltd, 30 January 2018, available at
www.ASX.com.au which presents the summary technical report by Mr. Marcelo Batelochi (CP Geo).

This presentation quotes a Historic Mineral Resource for Challacollo. Please note, an independent “Qualified Person”, as defined in National Instrument 43-101 (“NI 43-101”), has not yet completed sufficient work on behalf of Aftermath to classify the historical estimate as a
current Indicated or Inferred Mineral Resource, and Aftermath is not treating the historical estimate as a current Mineral Resource. For full details of the Challacollo Historic Mineral Resource please see the NI 43-101 Technical Report dated March 31, 2015, with an effective date
of December 31, 2014 titled “NI 43-101 Technical Report for the Challacollo Silver Project, Region 1, Chile” QPs Mroczek, M., Collins, M. and Butler, S. of Mining Plus Canada Consulting Ltd. and Tapia, J.C., of Sedgman S.A. Prepared for Mandalay Resources, available on the
Mandalay Resources SEDAR profile.
This presentation quotes a Historic Mineral Resource for Cachinal. Please note, an independent “Qualified Person”, as defined in National Instrument 43-101 (“NI 43-101”), has not yet completed sufficient work on behalf of Aftermath to classify the historical estimate as a current
Indicated or Inferred Mineral Resource, and Aftermath is not treating the historical estimate as a current Mineral Resource. For full details of the Cachinal Historic Mineral Resource please see the NI 43-101 Technical Report dated February 30, 2015, with an effective date of April
30, 2008, titled “Mineral Resource Estimation, Cachinal Silver-Zinc-Gold Project, Region II, Chile” QPs Cole, G., Couture, J.-F., and Keller, G.D. of SRK Consulting (Canada) Inc. Prepared for Apogee Minerals Ltd., now available on the Halo Labs Inc. SEDAR profile.
Mineral Resources - Cautionary Note to US Investors
This presentation has been prepared in accordance with the requirements of Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (''NI 43-101'') and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards, which differ from
the requirements of U.S. securities laws. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian public disclosure
standards, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission (the "SEC"), and information concerning mineralization, deposits, mineral reserve and resource information contained or referred to herein may
not be comparable to similar information disclosed by U.S. companies.
Qualified Person
Peter Voulgaris, MAIG, MAusIMM,, is a non-independent qualified person, as defined by NI 43-101. Mr. Voulgaris has reviewed the technical content of this Presentation and consents to the information provided in the form and context in which it appears.

TSX.V: AAG OTCQB: AAGFF                                                                                              The Right Combination                                                                                      www.aftermathsilver.com                                          2
AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
Aftermath Proforma Silver Ounces

        147 Million Ounces of Silver Historic Measured & Indicated
                                     +
               38 Million Ounces of Silver Historic Inferred

                          BERENGUELA・CHALLACOLLO・CACHINAL
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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
Berenguela: Transaction Overview

       Aftermath Silver is acquiring 100% of the Berenguela Ag-Cu project in southern Peru from SSR
        Mining for US$13m cash over 6 years, C$3m in shares and a 1.0-1.25% NSR on all mineral
        production (depending on commodity price).

       Berenguela adds 98M oz Ag in M&I + 28M oz Ag in Historic Inferred* to Aftermath’s resource
        base.

       Aftermath becomes the 4th largest TSX-V listed silver developer in terms of silver ounces.

       Aftermath has 3 quality silver projects – Berenguela, Challacollo & Cachinal- at different stages of
        development

                                                                                 *Note Cautionary Statement about Historic Resource page 5

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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
Berenguela Historic JORC 2018 Mineral Resource
 The Company cautions that an independent Qualified Person (“QP”), as defined in National Instrument 43-101 (“NI 43-101”), has not yet completed sufficient work on behalf of Aftermath
 Silver to classify the estimate as a current Measured, Indicated or Inferred Mineral Resource, and Aftermath Silver is not treating the historical estimate as a current Mineral Resource.
 Aftermath Silver will need to validate previous work to produce a mineral resource that is current for CIM purposes.

                                                                   Silver                       Mang-            Zinc
                                                   Tonnes                        Copper                                                           Copper
                        Classification                                                          anese                        Silver (Koz)
                                                    (Mt)           (g/t)           (%)                           (%)                               (Klb)
                                                                                                 (%)
                         Measured                    7.71           104            0.99          8.68            0.34           25,717           168,040
                          Indicated                  28.2           80             0.73          5.16            0.30           73,009           456,465
                         Measured +
                                                     35.9            85            0.79           5.91           0.30           98,725           624,505
                          Indicated
                           Inferred                  9.97            88            0.67           2.14           0.20           28,183           147,242

          Notes on the Historic Mineral Resource Estimate
     1.    JORC-2012 definitions were followed for Mineral Resources.
     2.    Mineral Resources were estimated by P.Geo. Marcelo Batelochi, AusIMM Competent Person.
     3.    Grades are estimated by the Ordinary Kriging interpolation method using capped composite samples.
     4.    Bulk density has been estimated by Nearest Neighbour method and the average value is 2.82g/cm3.
     5.    The historic mineral resource uses a copper equivalent cut off of 0.5%, copper equivalents (“CuEq”) were based on the formula CuEq (%) = Cu (%) + ((Ag
           (g/t) / 10000) in ounces x Ag price x silver recovery) / (Cu price x Cu recovery) + (Zn% x Zn price x Zn recovery) / (Cu price x Cu recovery). Assuming: Ag
           price $16.795/oz and Zn $3,150/t and recoveries of Ag 50%, Cu 85% and Zn 80%. Mn grades are not considered for CuEq calculations.
     6.    Numbers may not add/multiply due to rounding.

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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
Historic 2018 Scoping Study Results
 A summary of the scoping study economic highlights follows, the results have not been verified by the Company and the reader is cautioned not to rely on the economic results below:

    Mining Inventory                       21.8Mt @111g/t Ag + 0.98% Cu + 7.6% Mn
    Life of mine strip ratio               0.96 (waste/ore) for 12 years @ 2Mtpa
    Metal price assumptions                $19.1/oz Ag, $3.22/lb Cu, $500/t MnSO4, $1.07/lb Zn
    Average recoveries                     67.9% Ag, 70.8% Cu, 63.2% Mn, 69.4% Zn
    Preproduction Capex                    US$260.3m, including working cap, EPCM, owner’s cost,
                                           30% contingency
    Life of mine sustaining                US$85.2m, including closure costs
    capital
    Cumulative free cash flow              US$1,658m                                                                                 Historic 2018 Scoping Study Pit Optimisation

    Pre-Tax NPV (8%) & IRR                 US$815m - 49%
    Post-Tax NPV (8%) & IRR                US$564m - 35%
    Average operating cost                 US$52.62/t run of mine, all-in sustaining cash cost includes
                                           royalties
    Level of accuracy                      ±35%

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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
Accretive Transactions
                             Aftermath Silver is now one of the largest silver
  Peer Positioning
                             developers
                             3 projects with total 147M oz Ag historic M&I +
  Increased Scale
                             38M oz Ag historic inferred.
                             All three projects are being assessed for their open
  Open Pit Potential
                             pit potential
                             Highly attractive growth pipeline, from value
  Project Pipeline           realisation at Berenguela to organic growth at
                             Challacollo
  Positive Mining            Northern Chile and southern Peru are both
  Environment                favourable mining jurisdictions
                             Ability to meet investment hurdles of institutional
  Liquidity and Visibility
                             investors

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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
Project Summaries

  Berenguela – Realisation of Value               Challacollo – Organic Growth               Cachinal – De-risking
 Option to own 100%                            Option to own 100%                     80% with option to acquire last 20%
 6,594 Ha                                      20,378 Ha.                             4,867 Ha
 Historic Mineral Resource:                    Historic Mineral Resource              Historic Mineral Resource
 • 98 Million Ounces of Silver M+I             • 30.2 Million Ounces of Silver Ind.   • 18.4 Million Ounces of Silver Ind.
 • 28 Million Ounces of Silver Inf.            • 6.9 Million Ounces of Silver Ind.    • 3.0 Million Ounces of Silver Inf.
   + Copper, Manganese & Zinc credits            + Gold credits                         + Gold credits
 Convert Inferred to Indicated for inclusion   Resource Development Targets:          Infill drilling to expand higher grade shoots
 in Pre-feasibility                            • Halo Hangingwall low risk target     & metallurgical samples for heap leach and
 Pre-feasibility Engineering                   • Footwall Splay                       direct leach flowsheets
                                               • Parallel Veins

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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
TSX-V Silver Developers
                     600                                                                                                                                                                          600
                                             See Peer Group
                     500                       Market Cap                                                                                                                                         500
                                               Next Slide
                     400                                                                                                                                                                          400
     Silver Ounces

                                                                                                                                                                                                        AgEq g/t
                     300                                                                                                                                                                          300

                     200                                                                                                                                                                          200

                     100                                                                                                                                                                          100

                       0                                                                                                                                                                          0

                                                                      Inferred Ag Oz         Indicated Ag Oz         Measured Ag Oz          AgEq g/t
                           Source : Elysium Mining Ltd, based on company disclosures. Silver Equivalents (AgEq) Calculated using metal prices as of 29/Jul/2020 at 100% recovery for all metals

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AFTERMATH SILVER THE BERENGUELA SILVER - COPPER PROJECT A TRANSFORMATIVE ACQUISITION - Aftermath Silver Ltd.
TSX-V Silver Developers Peer Group
                                                   Re-rating Potential
                                                                                  Golden Tag                                      Market Capitalisation
                                                                                  Resources
           Inferred Ag Oz
           Indicated Ag Oz                                                        Silver One
           Measured Ag Oz                                                       Resources Inc.

                                                                                 Minco Silver

                                                                                   Kootenay
                                                                                     Silver
                                                                                AFTERMATH
                                                                                  SILVER
                                                                                 New Pacific
                                                                                 Metals Corp.
                                                                                 Bear Creek
                                                                                 Mining Corp
                                                                                   Discovery
                                                                                    Metals

  600     500       400          300           200           100            0                    $0             $200            $400            $600        $800   $1,000

                        As of August 7, 2020. Aftermath & Silver One Contained Silver Ounces are based on Historic Resources, see Cautionary Notes page 2

TSX.V: AAG OTCQB: AAGFF                                             The Right Combination                                                    www.aftermathsilver.com        10
Aftermath Silver Share Structure
      Current Share Structure
          Current AAG Shares Outstanding             94.17 m
          Warrants (ave. strike $0.19)               23.69 m
          Options (strike $0.33)                      5.95 m
      Fully Diluted                                 123.28 m
      Cash                                            $1.8m

      3-month average daily trading volume

             TSX.V          555k
             OTC            421k

     Major Share holders:          Eric Sprott               15.8% issued
                                   Palisades Gold Corp.      6.37% issued

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Berenguela Location
  • Department Puno, in Southern Peru
  • Between 4,150m and 4,280m above sea level
  • Regional centres at Juliaca (50 km - 1.5 hours
    drive) & Arequipa (204 km - 2.5 hours drive),
    with daily flights from Lima
  • Located 6 km north-east of the closest
    community of Santa Lucia
  • A railway loading station is located at Santa
    Lucia, connecting to the port of Matarani on the
    Pacific coast
  • Santa Lucia is connected to the national grid at
    220 Volts

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Berenguela Acquisition Terms – 100% Ownership
    • US$1,000,000 deposit, to be paid withing 48 hours of signing the LOI [paid];
    • US$1,000,000 cash on the closing date of the proposed transaction and C$3,000,000 in Aftermath common shares, using the
      volume weighted average share price five (5) trading days prior to the date of signing the acquisition agreement, capped at a
      maximum 9.9% of Aftermath’s issued and outstanding shares, with the remainder, if any, to be paid in cash;
    • US$2,250,000 cash to be paid on the 12-month anniversary date of closing;
    • US$2,500,000 cash to be paid on the 24-month anniversary date of closing;
    • US$3,000,000 cash to be paid on the 48-month anniversary date of closing;
    • US$3,250,000 cash to be paid on the 72-month anniversary date of closing;
    • Completion of a Preliminary Feasibility Study (“PFS”) and filing on SEDAR of a NI 43-101 technical report summarising the PFS,
      within 48 months of the anniversary date of closing;
    • A sliding scale net smelter returns royalty (“NSR”):
        ⎼ 1.0% NSR, on all mineral production when the Silver Market Price is up to and including US$25/ounce; and
        ⎼ 1.25% NSR on all mineral production when the Silver Market Price is over US$25/ounce and when the Copper Market Price is
          above $2.00/lb.

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Berenguela Geology
  •   Situated within the Western Cordillera of the Andean mountains,
      dominated by Cenozoic to Quaternary volcanic and sedimentary
      rocks.
  •   The Berenguela Ag-Cu-Mn deposit lies within a erosional window
      that exposes Mesozoic sedimentary rocks.
  •   Epithermal polymetallic carbonate-replacement deposit
  •   Folded sedimentary sequence of three formations: Huancane red
      bed-evaporites at the base, Murco Limestones & red-beds, which
      host the mineralisation, & Ayabacas Limestone. This sequence is
      capped by a post mineral Tacaza group andesites.
                                                                                                                         BERENGUELA
  •   The Berenguela Ag–Cu–Mn deposit trends WNW for more than                            GT12                   GT11
      1,400m along a whale-back ridge that separates two valleys.
  •   Two main styles of mineralisation:
      ⎼ Mn-Cu-Ag-Co mantos which replace beds in the Murco
          Formation
      ⎼ Hydrothermal manganese oxide breccias of Mn-Cu-Ag.
  •   A barren pebble dyke cuts the sedimentary sequence.
  •   Total metres drilled since 2004: 318 holes for 34,796 m
                                                                            Historic Datasets : Stream Sediments, Soil, Rock Chip & Drilling

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Berenguela Long Section

  Manganese oxide replacement of carbonate

                                                                          100m

      Oxide copper mineralisation with
             chalcedonic quartz

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Berenguela Historic Metallurgy
     Process was developed by Kappes Cassidy & Associates (KCA) in the 1990s using sulphur dioxide as reductant,
     recovering copper, silver, zinc and manganese for sale.
     •   Silver occurs as Acanthite
     •   Copper occurs near surface as Chrysocolla, Malachite & Azurite, and depth as Chalcocite & Chalcopyrite
     •   Manganese occurs predominately as Psilmelane & Pyrolusite
     Flow Sheet
     •   Crushing and dry magnetic separation - preconcentration of manganese feed to reduce acid consuming
         carbonates (limestone)
     •   Decomposition (Solvent Extraction - SX) of the manganese oxide matrix to liberate silver and copper. Solvent
         with sequential electrolytic winning (EW)
          •   Solids -> standard cyanide leach and Merrill Crowe to produce silver doré (67.7% recovery)
          •   Pregnant solution goes to sequentially EW to produce copper cathode (70.6% recovery) and zinc cathode
              (69.1% recovery)
          •   Remaining solution is crystallised as manganese sulphate (68.4% recovery). Trade off studies for production
              of manganese dioxide metal (battery grade) are needed

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Matarani International Port
    Operated by Terminal Internacional del Sur (“TISUR”) S.A.
     • 4 Piers
     • Container
     • Mineral concentrates
     • Bulks
     • Maximum overall length of vessel 245m

      Photo : www.AnkaSea.com                                            Photos : www.tisur.com.pe

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Berenguela Exploration
                                                                                            GT11
                                                                                            1.5 km SW from Berenguela, separated by a
                                                                                            fault.
                                                                                            1.3 km strike of anomalous rock chips.
                                                                                            2009, ‘15 & ’18 Rock Chip Highlights:
                                                                                             • 431 g/t Ag, 2.79% Cu
                                                                                             • 240 g/t Ag, 1.25% Cu
                                                                                             • 239 g/t Ag, 1.96% Cu
                                                                                             • 78.48 g/t Ag, 1.69% Cu
                                                                                             • 55.60 g/t Ag, 1.37% Cu
                                                                                             • 124 g/t Ag, 0.63% Cu
                                                                                             • 72.4 g/t Ag, 1.19% Cu

                                                                               BERENGUELA   GT12
                                                          GT12                              3.5 km SW from Berenguela
                                                                        GT11                1.3 km strike of anomalous rock chips.
                                                                                            2018 Rock Chip Highlights :
                                                                                             • 63.2 g/t Ag, 3.31% Cu
                                                                                             • 59.4 g/t Ag, 1.86% Cu
                                                                                             • 95.1 g/t Ag, 2.77% Cu
                                                                                             • 131 g/t Ag, 5.36% Cu
                                                                                             • 185 g/t Ag, 3.24% Cu
                                                                                             • 57.9 g/t Ag, 2.58% Cu
                                                                                             • 43.6 g/t Ag, 0.72% Cu
             Berenguela Detailed Mapping         Berenguela Rock Chip Geochem - Silver

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Berenguela Exploration

               GT12             BERENGUELA
                           GT11

                 Gravity / Density                   Ground Magnetics    Induced Polarisation (IP)

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Work Programs

  Berenguela – Realisation of Value         Challacollo – Organic Growth                   Cachinal – De-risking

  PFS Preliminary Program                Resource Development Program               Mineral Resource Update

  • Diamond twinning of RC holes         • Sampling of 3,000 m of existing core     • Drilling to expand higher grade shoots
  • Infill diamond drilling              • Resource definition drilling hanging     • Drilling to obtain metallurgical
  • Drilling for metallurgical samples     wall halo, footwall splay and parallel     samples
  • Metallurgical test work                vein targets                             • 3D survey of historic stopes
  • Supporting technical programs (pit   • Metallurgical test work focusing on      • Mineral resource update
    slop geotech’, tails, hydrology,       hanging wall halo
    civil)                               • Mineral resource update
  • Environmental & Social programs

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Challacollo & Cachinal Historic Mineral Resources
                                                                      Cachinal Historic Mineral Resource*
                                                                                                       Tonnes                                                              Silver                 Gold
                                                                         Classification                       Silver (g/t) Gold (g/t)
                                                                                                        (Mt)                                                               (Moz)                  (Koz)
                                                                            Indicated                     5.66                 101                   0.13                  18.41                  24.03
                                                                              Inferred                    0.82                 115                   0.12                   3.02                   3.26

                                                                      Challacollo Historic Mineral Resource**
                                                                                                       Tonnes                                                              Silver                 Gold
                                                                         Classification                       Silver (g/t) Gold (g/t)
                                                                                                        (Mt)                                                               (Moz)                  (Koz)
                                                                            Indicated                      4.7                 200                   0.32                   30.2                   48.4
                                                                              Inferred                     1.6                 134                   0.31                    6.9                   15.9
        Historic Mining at Challacollo

  * Cachinal Historic Mineral Resource: An independent “Qualified Person”, as defined in National Instrument 43-101 (“NI 43-101”), has not done sufficient work on behalf of Aftermath to classify the historical estimate
  as a current indicated mineral resource or inferred mineral resource, and Aftermath is not treating the historical estimate as a current mineral resource. For full details of the Cachinal Historic Mineral Resource please
  see the NI 43-101 Technical Report dated April 30, 2008, with an effective date of April 30, 2008, titled “Mineral Resource Estimation, Cachinal Silver-Zinc-Gold Project, Region II, Chile” QPs Cole, G., Couture, J.-F.,
  and Keller, G.D. of SRK Consulting (Canada) Inc. Prepared for Apogee Minerals Ltd., & available on the Halo Labs Inc. SEDAR profile.

  **Challacollo Historic Mineral Resource: An independent “Qualified Person”, as defined in National Instrument 43-101 (“NI 43-101”), has not done sufficient work on behalf of Aftermath to classify the historical
  estimate as a current indicated mineral resource or inferred mineral resource, and Aftermath is not treating the historical estimate as a current mineral resource. For full details please see the March 2015 43-101
  Technical Report “NI 43-101 Technical Report for the Challacollo Silver Project, Region 1, Chile” QPs Mroczek, M., Collins, and M.,Butler, S. of Mining Plus Canada Consulting Ltd. and Tapia, J.C., of Sedgman S.A.
  Prepared for Mandalay Resources, available on he Mandalay Resources SEDAR profile.

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Challacollo Infrastructure Advantages

                                                 • Accessed via Teck’s paved Quebrada Blanca access road via
                                                   a 20 km dirt track.
                                                 • Paved road A85 passes through the Challacollo exploration
                                                   tenements, approximately 6 km to the south of the historic
                                                   resource area.
                                                 • An easement has been made through the Challacollo
                                                   exploration tenements to allow access to Teck’s Quebrada
                                                   Blanca desalination water and concentrate pipelines.
                                                 • High voltage power lines located 12 km to north and 30 km
                                                   to the south east.
                                                 • 44 km along existing alignments to the Lagunas substation.
                                                 • Ground water licences located 17 km east and 30 km
                                                   southwest of Challacollo.
                                                 • Elevation 1,500 m

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Challacollo Halo Target

  Hangingwall halo structures
  are NOT part of the Lolón
  Historic Mineral Resource

                                                                    Footwall potential is less well
                                                                    understood. Drilling needs to
                                                                    extend into footwall

                                                            Section through approximate centre of known strike

TSX.V: AAG OTCQB: AAGFF             The Right Combination   www.aftermathsilver.com                    23
Cachinal Infrastructure Advantages

                                                  • Elevation 2,700m
                                                  • 2.5 hours drive from Antofagasta & Taltal
                                                  • Accessed via B-865 road to Austral Gold’s Guanaco gold-
                                                    silver mine, then via a 15km dirt track.
                                                  • National Grid fed by renewables at Taltal wind farm and
                                                    Paposa and Taltal Solar farms
                                                  • High voltage power lines located 35km to west and 16 km
                                                    south (at Guanaco)
                                                  • Elevation 2,700m

TSX.V: AAG OTCQB: AAGFF             The Right Combination                         www.aftermathsilver.com     24
Key People: Management & Board

       Michael Williams           Ralph Rushton                Peter Voulgaris        Keenan Hohol               David Terry
       Exec. Chairman, Director   President, CEO, Director     Technical Advisor      Director                   Director

       M&A                        Mining                       Exploration            Former general             Geology & exploration
       Marketing                  Exploration                  Mining Engineering     counsel Pan American       Corporate finance
       Executive                  Marketing                    Project Management     Silver                     CEO Genesis Metals
       Management                 Capital Raising              Business Development   Corporate governance       Director of Genesis,
       Capital Raising                                                                Securities law & M&A       Great Bear, Aftermath,
                                                                                      Director of Genesis,       Golden Arrow, Blue
                                                                                      Aftermath                  Sky Uranium

TSX.V: AAG OTCQB: AAGFF                                      The Right Combination                           www.aftermathsilver.com      25
CONTACT INFORMATION
April 2020
TSX.V: AAG
OTCQB: AAGFF

Ralph Rushton
President, CEO & Director
ralphr@aftermathsilver.com

Michael Williams
Exec. Chairman & Director
mw@ aftermathsilver.com

                             Phone : +1 604 484 7855
                              http://aftermathsilver.com/
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