Kootenay Silver Inc. · TSXV:KTN
Kootenay Silver — Investor Presentation (August 2024)
38 slides from Kootenay Silver's investor presentation, August 2024
Slide 1: Discovering silver today for production tomorrow
TSX.V: KTN OTC: KOOYF Discovering silver today for production tomorrow CORPORATE PRESENTATION I AUGUST 2024 1
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation may contain “forward-looking statements” with the meaning of Canadian securities legislation. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms. Forward-looking statements are necessarily based upon
Slide 3: Investing in Kootenay Silver
INVESTING IN KOOTENAY SILVER Kootenay Silver Inc. has a leading growth profile highlighted by one of the largest junior owned silver asset bases in Mexico. REASONS TO BUY ➢ SIGNIFICANT LEVERAGE TO SILVER PRICE ➢ EXPLOSIVE GROWTH POTENTIAL THROUGH HIGH GRADE DRILL DISCOVERIES ➢ POTENTIAL FOR VALUE RE
Slide 4: Board & Management Team
BOARD & MANAGEMENT TEAM “FROM DISCOVERY TO PRODUCTION” EXPLORATION MARKETING FINANCE MINE BUILDING James McDonald, P. Geo Ken Berry, Chairman Raj Kang, CPA, CMA Joe Giuffre, JD, Director President, CEO & Director (Former President & CEO Chief Financial Officer (Formerly Chief Legal Officer for (Form
Slide 5: Capital Structure
CAPITAL STRUCTURE Exchange (Tier 1) TSX.V: KTN; USOTC: KOOYF Key Shareholders Share Price(1) C$1.17 Eric Sprott (~5%) Issued & Outstanding(1) 60,498,883 Condire (~6%) Management & Directors (~4%) Options, RSU & DSU 4,425,000 Institutions (~32%) Warrants(1) 21,727,839 Current Market Cap(1) ~C$70.2M F
Slide 6: Kootenay Silver Assets
KOOTENAY SILVER ASSETS ✓ HIGH GRADE DRILL DISCOVERIES ▪ Columba Silver Property ✓ RESOURCE PROPERTIES ▪ 214.2 Million ounces Ag equivalent (AgEq) M+I & 54.9 Million ounces AgEq Inferred* ▪ Hosted on Promontorio-La Negra & La Cigarra Properties ▪ Maiden La Negra Resource released October 2023 ▪ Updat
Slide 7: Location of Primary Silver Assets
LOCATION OF PRIMARY SILVER ASSETS Famous Sierra Madre Trend Depicted by Red Line The information is not necessarily indicative of future mines or mineralization and is provided as background and context material for the reader showing historical production numbers along the Sierra Madre mineral tren
Slide 8: Milestones & Catalysts
MILESTONES & CATALYSTS Recent Milestones 2024 Catalysts ✓ 22 Feb 2024 Oversubscribed $3.7M Private Columba Placement Closed • Continue staged 50,000m drill program ✓ 7 Mar 2024 Filing of 43-101 Technical Report for La • Stage II (estimated 20,000m needed) to Cigarra culminate in maiden resource. Fun
Slide 9: Primary Catalyst for 2024: Columba Drill Program
Primary Catalyst for 2024 Columba Drill Program
Slide 10: Columba High Grade Silver Project
COLUMBA HIGH GRADE SILVER PROJECT HIGHLIGHTS • High-grade vein system with no exploration in ~40 years • Past producing silver mine (~1900-1910; 1958-1960) • Multiple high-grade targets identified by drilling • 17.8 meters of 650 gpt silver; 6 meters of 2035 gpt silver; 34.45 meters of 540 gpt silve
Slide 11: Columba Project
COLUMBA PROJECT Building a District-Scale Silver Camp in Chihuahua, Mexico N Oblique view of 3 x 4 km Vein Swarm at Columba, looking north, image Google Earth 11
Slide 12: Columba Footprint Compares Well to Epithermal Vein Systems in Mexico
Columba Footprint Compares Well to Epithermal Vein Systems in Mexico 1km 1km 1km Caution: This comparison is conceptual in nature and there is insufficient exploration to define the resource at this date. (source Vizsla Silver website) This indicates geologic potential only which needs extensive (so
Slide 13: Columba Vein Highlights
COLUMBA VEIN HIGHLIGHTS • Classic Mexican epithermal vein system comprising multiple veins over an area 3 km x 4 km • 27,277 meters drilled to date in 135 holes • Multiple veins remain open in all directions • Multi-stage 50,000-meter drilling program planned to test new mineralized zones and extend
Slide 14: TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I AUGUST 2024
True widths estimated at between 60% and 80% of the downhole lengths. TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I AUGUST 2024 14
Slide 15: TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I OCTOBER 2022
TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I OCTOBER 2022 15
Slide 16: CDH-20-082
CDH-20-082 9m @ 691 Ag gpt Incl. 4.6 m @ 1,186 Ag gpt True widths estimated at between 60% and 80% of the downhole lengths. TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I AUGUST 2024 16
Slide 17: What is Next?
What is Next? ➢ 20,000m drilling funded and underway, expanded program with currently two drill rigs. ➢ Drilling of 20,000m in 2024 aimed to culminate in maiden resource. TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I AUGUST 2024 17
Slide 18: Proposed Holes 2024 D-Vein
Proposed Holes 2024 D-Vein N TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I OCTOBER 2022 18
Slide 19: TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I MARCH 2022
TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I MARCH 2022 19
Slide 20: Columba Project: Staged Drilling Program
COLUMBA PROJECT Exploring a District-Scale Vein System with a Staged Drilling Program Staged Drilling of 50,000 meters • Stage I, Initial 12 to 15 holes. Focus on expanding D Vein high JZ Zone grade with 50 to 100m stepouts Drilling Target • Completed 2023 • Stage II, 20,000meters. J extension Drill
Slide 21: Secondary Catalysts: Resource Modeling
Secondary Catalysts Resource Modeling
Slide 22: La Cigarra - Parral Silver District
LA CIGARRA - PARRAL SILVER DISTRICT La Cigarra Discovery* HIGHLIGHTS 51.57M oz Measured & Indicated 11M oz Inferred Open in all directions • La Cigarra silver project is located in the renowned Parral Mining district in Chihuahua State, Mexico • Significant land package (over 18,000 hectares) • Reso
Slide 23: Promontorio-La Negra Mineral Belt
Promontorio PROMONTORIO-LA NEGRA MINERAL BELT 7 km La Negra HIGHLIGHTS • Situated on Promontorio Mineral Belt Property. Hosts two major silver discoveries: Promontorio & La Negra • Numerous additional targets within a 6.5km x 15km area • La Negra initial resource estimate filed in October 2023 2023
Slide 24: Investing In…
INVESTING IN… ➢ ONE OF THE LARGEST JUNIOR OWNED SILVER ASSET BASES IN MEXICO ➢ CONTINUATION OF PHASED DRILL PROGRAM AT COLUMBA ➢ EXPLOSIVE GROWTH POTENTIAL WITH EXCELLENT HIGH-GRADE DISCOVERIES ➢ POTENTIAL FOR VALUE RE-RATING ➢ STRONG MANAGEMENT WITH TRACK RECORD OF SUCCESS Quality Silver Assets Are
Slide 25: Contact Us
CONTACT US 595 Howe Street, Suite 1125 Vancouver, BC, V6C 2T5, Canada Tel: (604) 601-5650 Fax: (604) 683-2249 Toll free: (888) 601-5650 E-Mail: investor@kootenaysilver.com Website: www.kootenaysilver.com Twitter: https://twitter.com/KootenaySilver TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I A
Slide 26: Appendix
KOOTENAY SILVER ING APPENDIX
Slide 27: Outstanding Warrants & Options
OUTSTANDING WARRANTS & OPTIONS Summary of Warrants outstanding July 31, 2024 Number of Shares Exercise Price Expiry Date 3,906,250 $ 2.20 08-Mar-25 226,087 $ 1.60 08-Mar-25 5,555,555 $ 1.35 08-Nov-25 304,387 $ 0.90 08-Nov-25 2,480,391 $ 1.10 16-Feb-26 138,106 $ 0.75 16-Feb-26 4,620,535 $ 1.68 25-Apr
Slide 28: Selected Drilling Highlights
SELECTED DRILLING HIGHLIGHTS 28
Slide 29: D Vein
D VEIN High grade hits flanked by mineralized stockwork and breccia, great continuity both to depth and along strike • D Vein has been drilled for 435 meters to a vertical depth of 300 meters • Undrilled trace of D Vein adds 800m for a potential strike length of over 1,200 meters. • High grade is fl
Slide 30: F Vein
F VEIN Extensive vein with wide mineralized intervals, great continuity along trend • Kootenay Silver has drilled F Vein has been over a distance of 770 meters and to a vertical depth of 275 meters CDH-19-045 – 4.3 m of 239 gpt Ag • Sampling from u/g workings and drilling assays suggest classic epit
Slide 31: La Cigarra Resource
LA CIGARRA RESOURCE La Cigarra Deposit Mineral Resource Estimate at a Base Case Cut-off Grade of 50 g/t AgEq* Grade Total Metal Ag (g/t) Au (g/t) Pb (%) Zn (%) AgEq (g/t) Ag (Moz) Au (koz) Pb (Mlbs) Zn (Mlbs) 1AgEq (Moz) Resource Tonnes Class (MT) Measured 2.08 103 0.06 0.16 0.22 121 6.90 4.30 7.60
Slide 32: La Cigarra Mineral Resource Estimate Notes
La Cigarra Mineral Resource Estimate Notes: 1.The Mineral Resource Estimate was estimated by Allan Armitage, Ph.D., P. Geo. of SGS Geological Services and is an independent Qualified Person as defined by NI 43- 101. Dr Armitage conducted a recent site visit to the La Cigarra Property on November 28
Slide 33: La Cigarra - San Gregorio Zone
LA CIGARRA – SAN GREGORIO ZONE Cross Section below shows new domains in colours overlain by HG Northair Model (in grey). Colours (new model) display more constrained volumes. TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I AUGUST 2024
Slide 34: Promontorio-La Negra Mineral Belt
PROMONTORIO-LA NEGRA MINERAL BELT *2023 Total Promontorio-La Negra Project Resource Estimate In Situ Tonnage, Grades and Metal Content AgEq Tonnage AgEq Ag Au AG Metal Au Metal Pit Class Pb (%) Zn (%) Metal Pb (klb) Zn (klb) (kt) (g/t) (g/t) (g/t) (kOz) (kOz) (kOz) Measured 12,451 111.7 37.0 0.456 0
Slide 35: Promontorio-La Negra Mineral Belt
PROMONTORIO-LA NEGRA MINERAL BELT 2023 Resource Statement for the Promontorio Deposit Cutoff In situ Tonnage, Grade and Metal Content Class AgEq AgEq Ag Au Pb Zn AgEq Metal AG Metal Pb Zn Tonnage (kt) Au Metal (kOz) (g/t) (g/t) (g/t) (g/t) (%) (%) (kOz) (kOz) (klb) (klb) 15 13,538 104.3 34.5 0.428 0
Slide 36: Promontorio-La Negra Mineral Belt
PROMONTORIO-LA NEGRA MINERAL BELT 2023 Resource Statement for the La Negra Deposit. See slide 36 for silver equivalent calculation Cutoff In Situ Grades and Metal Content ZONE CLASS AgEq AgEq Ag Au AgEq Metal Ag Au Metal Tonnage (kt) (g/t) (g/t) (g/t) (g/t) (kOz) Metal (kOz) (kOz) 25 7,282 102.5 99.
Slide 37: Promontorio Silver Equivalent Calculation
Promontorio Silver Equivalent Calculation Promontorio: 2013 2023 Equivalency METAL Price Equivalency AGEQV Price AGEQV DIFFERENCE Recovery Equivalency Recovery with (USD) with Recovery FACTOR (USD) FACTOR Recovery AG 31 74 0.738 0.997 0.997 22 74 0.523 AU 1650 70 37.134 53.049 53.049 50.35 1800 70 4
Slide 38: Promontorio-La Negra Ag Equivalent Calculation
Promontorio-La Negra Ag Equivalent Calculation Promontorio Metal NSP Units Recovery Value ($/g) Factor Ag1 0.63 US$/g 74% 0.4662 1.00 Au2 56.71 US$/g 70% 39.6970 85.15 Pb3 0.77 US$/lb 81% 13.7502 29.49 Zn4 0.8 US$/lb 88% 15.5205 33.29 AgEqv= AG + AU*85.15 + PB*29.49+ ZN*33.29 1US$22/oz silver 2US$18
Kootenay Silver — Investor Presentation (August 2024) on 6ix