Investor Presentation February 2017 TSX.V: PLA www.plminerals.com - PowerPoint PPT Presentation

TSX.V: PLA Investor Presentation February 2017 TSX.V: PLA www.plminerals.com

Forward Looking Statement TSX.V: PLA Some of the statements and financial projections contained in the following material are forward-looking statements and not statements of facts. Such statements are based on information currently available and have not yet been verified by an independent Qualified Person. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in the company’s latest annual and quarterly reports and management discussion and analysis. The company assumes no obligation to publicly update any forward-looking statement, whether as result of new information, future events or otherwise. 2

Plata Latina Overview TSX.V: PLA PLA Objective: Discover Mexico’s next great high-grade Ag-Au districts • Proven Exploration Strategy targets the discovery of new high-grade Ag-Au districts by combining the classic epithermal-vein Ore Horizon Model with the Mexican Silver Belt Concept • Led by Mike Clarke , with extensive exploration and mining experience in Mexico, discoverer of several high-grade Ag-Au deposits in Mexico and backed by resource investors with proven track records • High-Grade Discovery at initial drill project (Naranjillo) validates exploration strategy 3

Board of Directors TSX.V: PLA Mike Clarke , Founder and Director, President and CEO 40+ years working world-wide in silver and gold exploration. • PhD from University of Arizona with a dissertation on high-grade Ag-Au vein formation in a major Mexican silver-gold deposit. • Discovered numerous high-grade Ag-Au deposits in the San Dimas district, Mexico, and co-developer of highly successful San Dimas district exploration concepts. • Gil Clausen , Founder and Chairman 35+ years executive, finance, development and operations experience in the precious and base metals industry. • Currently President & CEO of Brio Gold Inc. Previously President & CEO of Augusta Resource Corporation before its acquisition in July 2014. • Bachelor and Masters degree in Mining Engineering from Queens University and a graduate of the Queen’s executive business program. • W. D. “Randy” Eppler , Founder and Director 35+ years of finance, exploration, production and resource marketing. • Founding Partner of Sierra Partners LLC, a resource advisory firm. 9+ years in executive finance and corporate development positions with Newmont Mining • Corporation; Director of Augusta Resource Corporation prior to its acquisition, Golden Minerals Inc. (NYSE MKT: AUMN), Vista Gold Corp. (NYSE MKT/TSX: VGZ) and Frontier Mining Ltd (AIM: FML). Robert B. Blakestad , Director 40+ years of mining experience. Most recently as Senior Vice President, Exploration and Chief Geologist for Golden Minerals Company, Vice President, Exploration • of Apex Silver Mines Limited and Chief Executive Officer of International of Taurus Resources. Letitia Wong , Director Approximately 15 years experience in finance, investor relations and communications. • Currently Vice President, Corporate Development of Brio Gold Inc. Previously Vice President Investor Relations of Augusta Resource Corporation and Ventana Gold • Corporation and prior to that Director Investor Relations of Yamana Gold Inc. Bachelor of Commerce Degree in Finance from the University of British Columbia (Sauder School of Business), CFA charterholder • Margaret Brodie , Director Over 15 years of finance and accounting experience, including previously being CFO of Riva Gold and, most recently, CFO of Plata Latina Minerals. • Bachelor of Commerce Degree from the University of British Columbia, CPA, CA designation. • Member in good standing of the Canadian Institute of Chartered Accountants. • 4

World’s Premier Silver Address The Mexican Silver Belt – PLA Exploration Focus TSX.V: PLA Mexico is the most silver-endowed country on earth Historical Epithermal - over 5 billion oz of Ag from high-grade epithermal vein districts - Ag-Au Vein Districts Mexican Silver Belt Major historical silver districts define the Mexican Silver Belt - over 800km in length and 50-100km in width - - offers exploration a large, yet focused target area - Bacis Presently known major Mexican high-grade Ag-Au vein Sombrerete districts were all discovered in Spanish times from outcrops San Dimas Fresnillo Zacatecas Guanajuato Areas between these historical districts offer great Pachuca opportunity for discovery of additional, blind high-grade El Oro Ag-Au districts Mexico City PLA COMPETITIVE ADVANTAGE Applying the Ore Horizon Model to the Mexican Silver Belt, searching between these historic districts for Mexico’s next Epithermal Districts With Over 1,000M oz Ag Produced generation of high-grade Ag-Au districts Epithermal Districts With Over 100M oz Ag Produced 5

Ore Horizon Model - Idealized Epithermal Vein Longitudinal Section View - PLA Exploration Model TSX.V: PLA Mexican epithermal-vein silver deposits typically display distinctive surface alteration, but little geochemical expression, above a deeper Ore Horizon hosting high-grade orebodies Erosional Surface - Remains Above Ore Horizon ~20-100 km Between Districts Erosion Exposes Within Mexican Silver Belt Clay-Pyrite Alteration - Orebodies Discovered Little or No Ag-Au on Surface And Mined in Spanish Colonial Times Plata Latina Drill Targets - Orebodies Restricted Vertically Orebody Orebody Blind Orebodies To a Horizon 250-500m in Height Quartz “The ORE HORIZON” Vein Generalized Example of Plata Latina Target – Next-Generation Historical High-grade Ag-Au District High-grade Ag-Au District (ie, Fresnillo, Guanajuato) 6

Current Plata Latina Portfolio Finding Mexico’s Next Great High-Grade Silver Districts TSX.V: PLA PLA Portfolio: 4 properties (30, 812 ha.) Mexican Silver Belt Epithermal Ag-Au Vein Districts • Palo Alto Property • Vaquerias Property (Near-Term) Bacis • Naranjillo Property (Discovery)* San Dimas Sombrerete • La Joya Property Fresnillo Zacatecas Real de Angeles Guanajuato Pachuca El Oro Plata Latina Property Mexico City Epithermal Districts With Over 1,000M oz Ag Produced Epithermal Districts With Over 100M oz Ag Produced * Fesnillo entered into LOI July 2016 for option to purchase Naranjillo 7

PLA Portfolio and The Central Mexican Ag Belt Finding Mexico’s Next Great High-Grade Silver Districts TSX.V: PLA Fresnillo (+Billion Oz Ag) Plata Latina Properties Well Positioned Zacatecas (+Billion Oz Ag) Four properties located between historical districts – on projection with historical ore-hosting structures Asientos (65MM Oz Ag) Palo Alto Vaquerias (Near-Term Project) Guanajuato (+Billion Oz Ag) Mexico City Plata Latina Project Naranjillo (Discovery) La Joya N Hosting Structures (Shown to Scale) Pachuca (+Billion Oz Ag) 0 100 200km El Oro (75MM Oz Ag) 8

Naranjillo Property - First PLA Discovery TSX.V: PLA Naranjillo Mexico City • High-level alteration led to blind discovery of deeper high-grade Ag-Au veins – confirms Plata Latina exploration strategy • Located on projection and just south of High-Grade Guanajuato Ag-Au District • Purchase option signed with Fresnillo plc subject to TSXV approval 9 9

Naranjillo Discovery - Regional View - Guanajuato District TSX.V: PLA N  Valenciana  Cata  Rayas Guanajuato District (Historical Production of Over   Las Torres One billion Oz Ag, 6 Million Oz Au) Plata Latina - Naranjillo Discovery Average intercept interval of 4.52m @ 2,041 g/t Ag, 8.5 g/t Au Fresnillo plc - Potrerillos Project LOI Signed - Fresnillo plc option to purchase Inferred Resource as of 12/31/14 Fresnillo plc Claims 576,000 Tonnes @ 502 g/t Ag, 0.78 g/t Au  Golden Minerals Celaya Project Three Drill Holes Completed – Best Result  Fresnillo plc 1.10m (Intercept) @ 393 g/t Ag, 7.4 g/t Au Claims Fresnillo plc - Cerro Blanco Project (On-going Multi-Rig Drilling Program) Inferred Resource as of 12/31/14 Fresnillo plc 499,000 Tonnes @ 436 g/t Ag, 3.56 g/t Au Claims Golden Minerals Plata Claims 0 20 Km Latina Claims 10

Naranjillo Discovery: Proven Success of Ore Horizon Model TSX.V: PLA 17,342 g/t Ag, 66.24 g/t Au – 1.60m Discovery Hole BDD-N-10 Core 5,063 g/t Ag, 25.42 g/t Au – 0.80m 11

Terms of Fresnillo Option TSX.V: PLA • Fresillo has the option to acquire 100% of Naranjillo, subject to TSXV approval • Cash commitment of US$2.15 million payable over three years • Fresnillo required to spend US$3 million in exploration • Plata Latina retains upside through a 3% NSR, which Fresnillo may purchase for US$6 million. • Plata Latina to receive minimum advance annual royalty payments of US$100,000 after three years (total limited to US$1,000,000) • Use of proceeds: • Conduct geophysical and geologic field work to define high potential drill targets on its other properties. • Initiate drilling to test the potential targets. • Re-initiate field work to generate new grass roots exploration projects for the portfolio. Option validates potential at Naranjillo and ore horizon concept 12