Highlander Silver Corp. — Regulatory Filings 2021

Aug 16, 2021

Lido Minerals Ltd. and CAPPEX Mineral Ventures Inc. NI 43-101 Technical Report on the Alta Victoria Project, Junín, Peru

CERTIFICATE OF QUALIFIED PERSON

I, Walter La Torre, am a professional geologist, residing at Prolongación Javier Prado M/8, Urbanización Santa Rosita, Ate, Lima, Peru, and I do hereby certify that:

The Technical Report to which this certificate applies is titled: “ALTA VICTORIA-POLYMETALLIC PROPERTY Huaros and Marcapomacocha Districts, Canta and Yauli Provinces, Departments of Lima and Junín, Peru” with an effective date of April 30, 2021.

I am a Registered Professional Geoscientist (P. Geo.), Practicing in good standing with the Australasian Institute of Mining and Metallurgy (MAusIMM (CP), License # 992508). I graduated from the University of Engineering, Peru, with a B. Sc. in Geology in 1992 and a M.Sc. in Geology from International Institute for Aerospace Survey and Earth Sciences (ITC -Holland) in 2000. I have worked as a geologist in the minerals industry for over 25 years and I have been directly involved in the mining, exploration, and evaluation of mineral properties mainly in Peru, Chile and Colombia for gold, silver, copper, molybdenum, tin and base metals.

I completed a personal inspection of the Alta Victoria Property on July 16-18, 2020.

I am responsible for all sections of this Technical Report and I have no prior involvement with the Alta Victoria Property that is the subject of this Technical Report.

I am independent of CAPPEX Mineral Ventures Inc. and Lido Minerals Ltd. as independence is described by Section 1.5 of NI 43-101.

I have read the definition of a “Qualified Person” as set out in National Instrument 43-101 (“NI 43101”), and certify that by reason of my education, affiliation with a professional association, and past relevant work experience, I fulfill the requirements to be a “Qualified Person” for the purposes of NI 43-101.

I have read NI 43-101 and this Technical Report has been prepared in compliance with NI 43-101 and Form 43-101F1.

As of the effective date of this Technical Report, to the best of my knowledge, information and belief, this Technical Report contains all scientific and technical information that is required to be disclosed to make this Technical Report not misleading.

Effective Date: April 30, 2021

Signing Date: July 21, 2021

[Original signed and sealed “Walter La Torre”]

Walter La Torre, B. Sc., P. Geo.

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