Silverco Mining — Regulatory Filings 2024

Feb 28, 2024

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Baker Tilly WM LLP 900 – 400 Burrard Street Vancouver, British Columbia Canada V6C 3B7 T: +1 604.684.6212 F: +1 604.688.3497

vancouver@bakertilly.ca www.bakertilly.ca

February 28, 2024

To: TSX Venture Exchange

Dear Sirs / Mesdames:

Re: Ankh Capital Inc.

We refer to the filing statement of Ankh Capital Inc. (the “CPC”) dated February 28, 2024, filed in connection with the “qualifying transaction” involving Quetzal Copper Limited.

We consent to being named and to the use in the above-mentioned filing statement, of our report dated September 28, 2023 to the shareholders of the CPC on the following financial statements:

• Statements of financial position as at May 31, 2023 and 2022; and

• Statements of loss and comprehensive loss, changes in equity and cash flows for the years ended May 31, 2023 and 2022, and a summary of significant accounting policies and other explanatory information.

We report that we have read the filing statement and all information therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the financial statements upon which we have reported or that are within our knowledge as a result of our audit of such financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the filing statement as these terms are described in the CPA Canada Handbook – Assurance.

This letter is provided solely for the purpose of assisting the stock exchange to which it is addressed in discharging its responsibilities and should not be used for any other purpose.

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Baker Tilly WM LLP Chartered Professional Accountants

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