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Silver Bear Resources Plc Regulatory Filings 2021

Nov 10, 2021

47458_rns_2021-11-10_3fda2779-db28-487d-8677-5532c298983d.pdf

Regulatory Filings

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CERTIFICATES OF QUALIFIED PERSONS

Philip Burris, CGeol

As a Qualified Person of the Technical Report on the Mangazeisky Silver Project, Republic of Sakha (Yakutia), Russian Federation, I, Philip Burris, do hereby certify:

  • I am a Technical Director (Hydrogeology) with Wardell Armstrong International, with a business address at Baldhu House, Wheal Jane Earth Science Park, Baldhu, Truro, Cornwall, United Kingdom TR3 6EH.

  • This certificate applies to the technical report entitled “Technical Report Mangazeisky Silver Project MRE Update and Strategy Re-Assessment, Republic of Sakha (Yakutia), Russian Federation” dated 10[th] November 2021 (the “Technical Report”).

  • I am a graduate of the University of Leeds (BSc (Hons) Geology, 1990, and University of New South Wales, Australia (MSc Hydrogeology, 1992). I have practiced my profession continuously since 1992. During my employment as a hydrogeologist I have undertaken over 100 mining studies worldwide assessing hydrogeology, surface water, risk assessment, water resources, in-pit water management, catchment analysis and integrated ESIA and feasibility studies .

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

  • I am a member in good standing of the Geological Society of London as a Fellow and Chartered Geologist.

  • I have not personally inspected the Property that is the subject of this Technical Report.

  • I am responsible for Item 1.4, 16.2, and 25.3 of the Technical Report.

  • I am independent of Silver Bear Resources plc. as defined by Section 1.5 of the Instrument.

  • I have no prior involvement with the Property that is the subject of this Technical Report.

  • I have read the Instrument and Form 43-101F1, and the Technical Report has been prepared in compliance with NI 43-101 and Form 43-101F1.

  • As of the effective date of this certificate, to the best of my knowledge, information, and belief, the sections of Technical Report that I am responsible for contain all scientific and technical information that is required to be disclosed to make the Technical Report not misleading.

Dated this 10[th] day of November 2021

(Signed & Sealed) Philip Burris

Philip Burris BSc. (Hons), MSc., CGeol, FGS