Kootenay Silver Inc. · TSXV:KTN
Kootenay Silver — Investor Presentation (November 2023)
40 slides from Kootenay Silver's investor presentation, November 2023
Slide 1: Discovering silver today for production tomorrow
TSX.V: KTN OTC: KOOYF Discovering silver today for production tomorrow CORPORATE PRESENTATION I NOVEMBER 2023 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: Capital Structure
CAPITAL STRUCTURE Exchange (Tier 1) TSX.V: KTN; USOTC: KOOYF Key Shareholders Share Price(1) C$0.80 Eric Sprott (~8%) Issued & Outstanding(1) 45,766,903 Condire (~9%) Management & Directors (~4%) Options 2,868,000 Institutions (~30%) Warrants 18,419,081 Current Market Cap(1) ~C$36.6M Investment from
Slide 5: 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 ✓ SUCCE
Slide 6: 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 7: Milestones & Catalysts
MILESTONES & CATALYSTS Recent Milestones 2023 Catalysts ✓ 13 Jun 2023 100% Ownership of Columba Columba ✓ 9 Aug 2023 First 43-101 Report Filed on Columba • Initiated staged 50,000m drill program ✓ 6 Sep 2023 New Phase of Drilling at Columba • Stage I and II to culminate in maiden resource Initiated
Slide 8: Primary Catalyst for 2023: Columba Drill Program
Primary Catalyst for 2023 Columba Drill Program
Slide 9: 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 10: 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 10
Slide 11: Columba Footprint Compares Well to Other Silver Camps in Mexico
Columba Footprint Compares Well to Other >100 M Oz Ag (equiv) Silver Camps in Mexico 1km 1km 1km Columba, Chihuahua 100 Moz Ag Potential? Las Chispas, Sonora 107 Moz Ag equivalent Copala, Panuco, Sinaloa 105 Moz Ag Eq Indicated, 114 Moz Ag Eq Inferred. (source Ausenco Engineering Canada “NI 43-101 T
Slide 12: Columba Vein Highlights
COLUMBA VEIN HIGHLIGHTS Columba Project >100 M Silver Ounce Potential • 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 Ot
Slide 13: TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I NOVEMBER 2023
TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I NOVEMBER 2023 13
Slide 14: D-Vein Long Section
omen D-VEIN LONG SECTION 2022 DRILLING @ @ CDH-22-133 1.31m D-Vein (CDH-22-129 1.5m D-Vein ns y KOOTENAY cDH-19.023 © ws 161m Agept A >. @CDH-22-135 1,800ma.sil. ia CDH-19-022 3.11m@100 Ag gpt | 1.5m@373 Aggpt © epee e Incl. 0.87m@234 Ag gpt : 10.39M@131Aggpt Cry 59.434 16m@150 Ag gpt oo 1 CoC) SER
Slide 15: TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I NOVEMBER 2023
TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I NOVEMBER 2023 15
Slide 16: What is Next?
What is Next? • A 12 to 15 Hole program of 3000 + meters to expand on D Vein high grade • A follow up program of 20,000 + meters to culminate in Maiden Resource for Q3, 2024* * Subject to Financing TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I NOVEMBER 2023 16
Slide 17: TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I OCTOBER 2022
TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I OCTOBER 2022 17
Slide 18: Initial 12 to 15 holes of a proposed drilling program
• Initial 12 to 15 holes of a proposed 3,000 to 5,000m drilling program • Drill holes designed to step out on 50m to 100m centers to expand on high grade intercepts • Follow up aggressively step out along the vein at 100m centers 18
Slide 19: Follow up of initial program, 100m step outs
• Follow up of initial 3,000 to 5,000m program, 100m step outs designed to extend D Vein • Drill holes designed to intersect D Vein at optimal elevation for mineralized zone • Step out drilling expected to encounter B Vein and parallel veins at eastern extent 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 JZ Zone • Stage I, Initial 12 to 15 holes. Drilling Target Focus on expanding D Vein high grade with 50 to 100m stepouts J extension Drilling Target • Stage II, 20,000 + meters. Inc
Slide 21: Secondary Catalysts: Resource Modeling
Secondary Catalysts Resource Modeling
Slide 22: La Cigarra - Parral Silver District
LA CIGARRA - PARRAL SILVER DISTRICT HIGHLIGHTS • La Cigarra silver project is located in the renowned Parral Mining district in Chihuahua State, Mexico • Significant land package (over 18,000 hectares) • Resource open in all directions • Multiple drill targets. • New geologic model indicates potenti
Slide 23: Promontorio-La Negra Mineral Belt
PROMONTORIO-LA NEGRA MINERAL BELT HIGHLIGHTS Promontorio • Situated on Promontorio Mineral Belt Property. Hosts two major silver discoveries: Promontorio & La Negra • Numerous additional targets within a 6.5km x 15km area 7 km La Negra Promontorio (2023)* Tonnage Grade Contained In-Pit Resources • M
Slide 24: 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 25: Investing In…
INVESTING IN… ➢ ONE OF THE LARGEST JUNIOR OWNED SILVER ASSET BASES IN MEXICO ➢ AGGRESSIVE 2023 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 Scarce
Slide 26: 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: info@kootenaysilver.com Website: www.kootenaysilver.com Twitter: https://twitter.com/KootenaySilver TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I NOVEM
Slide 27: Appendix
KOOTENAY SILVER ING APPENDIX
Slide 28: Outstanding Warrants & Options
OUTSTANDING WARRANTS & OPTIONS Summary of Warrants outstanding November 14, 2023: Number of Shares Exercise Price Expiry Date 4,457,951 $ 2.00 05-Mar-24 3,906,250 $ 2.20 08-Mar-25 226,087 $ 1.60 08-Mar-25 5,555,556 $ 1.35 08-Nov-25 304,387 $ 0.90 08-Nov-25 3,772,500 $ 1.40 24-May-26 196,350 $ 1.00 2
Slide 29: Epithermal Vein System Model
EPITHERMAL VEIN SYSTEM MODEL 29
Slide 30: Selected Drilling Highlights
SELECTED DRILLING HIGHLIGHTS 30
Slide 31: 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 32: 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 • F Vein mapping indicates a length of over 3.8 kilometers • Sampling
Slide 33: La Cigarra Resource
LA CIGARRA RESOURCE In-Situ Grade Contained Metal Resource Category* Tonnes Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag (oz) Au (oz) Pb (lbs) Zn (lbs) Measured 3,620,000 88.9 0.074 0.14 0.19 10,340,000 9,000 10,920,000 15,510,000 Indicated 14,930,000 85.7 0.068 0.13 0.18 41,130,000 33,000 42,950,000 59,260,0
Slide 34: La Cigarra Resource
LA CIGARRA RESOURCE 3D view looking southwest of the San Gregorio/Las Carolina resource blocks (>35 gpt Ag) Whittle pit ($22 Ag/Oz) *See Appendix for Additional Resource Disclosure and Details OPEN ON ALL SIDES 2.4 km Legend Effective Date January 14, 2015, Authored by Allan Armitage, PhD, P. Geo. a
Slide 35: 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 NOVEMBER 2023
Slide 36: 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 37: Promontorio Resource Statement
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 38: Promontorio 2023 Resource Compared to 2013
PROMONTORIO-LA NEGRA MINERAL BELT 2023 Promontorio Resource Compared to 2013 Pit Resource AgEq Ag Au Pb Zn AgEq Ag Au Pb Zn Year Class kt (g/t) (g/t) (g/t) (%) (%) (koz) (koz) (koz) (klb) (klb) Measured 12,451 111.7 37.03 0.46 0.53 0.61 44,718 14,823 183 146,033 166,620 Indicated 29,664 100.7 33.50
Slide 39: La Negra Resource Statement
PROMONTORIO-LA NEGRA MINERAL BELT 2023 Resource Statement for the La Negra Deposit 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 99.8 0.061 24,000 23,370 14.2 30 6,463 112.0 109.2
Slide 40: Cervantes Gold-Copper Project
CERVANTES GOLD-COPPER PROJECT HIGHLIGHTS • Successful sale of property from generative portfolio to Aztec Minerals • KTN owns 7.6M shares in Aztec @$0.25 and 0.5% Net Smelter Return Royalty • 3,500+ hectare porphyry gold-copper property in Sonora State, Mexico • Potential to host a large gold/copper
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