Kootenay Silver Inc. · TSXV:KTN

Kootenay Silver — Investor Presentation (March 2022)

30 slides from Kootenay Silver's investor presentation, Mar 18, 2022

  1. Slide 1: Silver in Mexico

    TSX.V: KTN OTC: KOOYF SILVER IN MEXICO CORPORATE PRESENTATION I MARCH 2022

  2. 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

  3. Slide 3: Investment Highlights

    INVESTMENT HIGHLIGHTS ✓ EXCELLENT LEVERAGE TO SILVER • 136 Million ouncesAg equivalent M+I and 35 Million ouncesAg equivalent Inferred* ✓ HIGH GRADE DRILLDISCOVERIES (1) Columba Silver Property – 3rd Drilling Program Completed (2) Copalito Silver-Gold Property – 2nd Drilling Program Completed ✓ PROP

  4. Slide 4: Capital Structure

    CAPITAL STRUCTURE Exchange (Tier 1) TSX.V: KTN; USOTC: KOOYF Issued & Outstanding(1) 359,897,436 Options 7,400,00 Warrants 111,952,886 Current Market Cap(1) ~C$67.4M KTN (shares 52-week High/Low) C$0.455 / C$0.165 Average Daily Volume(1) 395,893 (average daily volume last 3 months) Cash Position ~C$

  5. Slide 5: Location of Primary Silver Assets

    LOCATION OF PRIMARY SILVER ASSETS Famous Sierra Madre Trend Depicted by Red Line Showing Major Districts and their Approximate Historic Silver Production and Year of Discovery The information is not necessarily indicative of future mines or mineralization and is provided as background and context ma

  6. Slide 6: Drilling – Columba High Grade Silver

    DRILLING – COLUMBA HIGH GRADE SILVER 2020 & 2019 Drill highlights (84 holes over 15,900m): ▪ 650 gptAg over 7.45m within 159 gpt Ag over 39.9m (F VEIN) ▪ 2010 gptAg over 1.0m within 762 gpt Ag over 2.8m (HANGING-WALL next to F Vein) ▪ 982 gpt Ag over 1.9m within 721 gpt Ag over 4.07m and 200 gpt Ag

  7. Slide 7: Multiple Vein Targets at Surface

    MULTIPLE VEIN TARGETS AT SURFACE *All widths shown are drilled widths. Generally true widths range from 45 to 90% of drilled widths depending J&Z VEIN Area on the angle the drill hole F VEIN & Hanging Wall Hole 60: 5m @ 608 gpt Ag intersected the mineral zone. Hole 12: 2.1m @ 699 gpt Ag; 1.75m Withi

  8. Slide 8: Columba High Grade Silver Project

    COLUMBA HIGH GRADE SILVER PROJECT J VEIN SHOWING EXCELLENT WIDTH BRECCIASYSTEM (J-Z Zone) TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JANUARY 2022 8

  9. Slide 9: Copalito High Grade Silver & Gold Project

    COPALITO HIGH GRADE SILVER & GOLD PROJECT Project Background: ▪ 10+ kms of vein strike identified. Numerous Veins ▪ 6 principal veins at surface vary in widths up to 15m PHASE I DRILL PROGRAM (2020) • 4,000m completed over 40 holes Surfacesampling Drill intercepts PHASE II DRILL PRGRAM (2021) • 3,50

  10. Slide 10: Prominent Vein Exposures

    PROMINENT VEIN EXPOSURES DRILLING CORE DRILLPHOTO TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JANUARY 2022 10

  11. Slide 11: La Cigarra - Parral Silver District

    LA CIGARRA - PARRAL SILVER DISTRICT “ OVER 800M OZ SILVER PRODUCED” Effective Date January 14, 2015, Authored by Allan Armitage, PhD, P. Geo. and Joe Campbell, B.Sc., P. Geo., of GeoVector Management Inc. and can be found on Northair Silver Corp. SEDAR profile filing date February 27, 2015. TSX.V: K

  12. Slide 12: La Cigarra – Size Potential

    LA CIGARRA – SIZE POTENTIAL TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JANUARY 2022 12

  13. Slide 13: Promontorio Mineral Belt

    PROMONTORIO MINERAL BELT ▪ Concessions hosts two major silver discoveries: Promontorio & La Negra ▪ Numerous additional targets within a 6.5km x 15km area ▪ Optioned to PanAmerican from 2016 to June 2019 ▪ PAAS spent US$ 3.6 million in expenditures to advance the project ▪ KTN to establish initial m

  14. Slide 14: La Negra - High Grade Silver Discovery

    LA NEGRA - HIGH GRADE SILVER DISCOVERY ▪ Low-Cost open pit potential Promontorio 7 km ▪ 17,000m over 95 holes drilled ▪ High-grade silver intercepts to 300m vertically from surface ▪ Metallurgy indicates potential for leach extraction in 80 to 90% range La Negra ▪ 2021: Resource estimate in preparat

  15. Slide 15: Prospect Generator Portfolio

    PROSPECT GENERATOR PORTFOLIO Cervantes - Sonora, Mexico La Mina - Sonora, Mexico Type: Gold, Copper, Silver Project Type: Copper, Gold Project Status: J.V.with Aztec Minerals (65%) I KTN (35%) Status: Optioned to Capstone Mining Highlights: Drilling of 160m of 0.77 gpt gold, 0.13% Highlights: Chip s

  16. Slide 16: Catalysts for 2022

    CATALYSTS FOR 2022 COLUMBA • Large Drilling Program to define and expand high grade for Maiden Resource. COPALITO • Geophysical Surveys followed by drilling to expand on high-grade untested targets – completed LACIGARRA* • (1) Build new geological model to optimize grade with intent to (2) advance t

  17. Slide 17: Kootenay Silver – Why Invest?

    KOOTENAY SILVER – WHY INVEST? ▪ QUALITY SILVERASSETS ▪ SIGNIFICANT LEVERAGE TO SILVER PRICE ▪ AGGRESSIVE DRILLPROGRAM FOR2022 ▪ EXCELLENT DISCOVERY POTENTIALFOR HIGH GRADE DEPOSITS ▪ ACQUIRING ASSETSAT FAVORABLE PRICES ▪ STRONG MANAGEMENT WITH TRACK RECORD OF SUCCESS ▪ POTENTIAL FOR VALUE RE-RATING

  18. Slide 18: 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 JANUA

  19. Slide 19: 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 Brian Groves, Director President, CEO & Director Former President & CEO Chief Financial Officer (Formerly Placer Dome) (FormerlyAlamos Gold

  20. Slide 20: Columba F Vein

    COLUMBAF VEIN Oblique View to NE of F Vein in Red and High-grade Hanging wall Vein in Green TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JANUARY 2022 20

  21. Slide 21: Columba Cross Section – F Vein

    COLUMBA CROSS SECTION – F VEIN Holes 45 & 51 Looking Northwest Historically Mined F Vein * All widths shown are drilled widths. Generally true widths range from 45 to 90% of drilled widths depending on the angle the drill intersected TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JANUARY 2022 21

  22. Slide 22: Columba Cross Section - JZ Zone

    COLUMBA CROSS SECTION - JZ ZONE Holes 29, 30, 60 & 61 - Looking Northwest J-Z Veins - 700 Meters East from Historically Mined F Vein From To Interval Silver NE Hole ID (meters) (meters) (meters) (gpt) CDH-19-029 42.7 45.35 2.65 73 114 166 52 26 Includes 128 136 8 67 130.21 132.3 2.09 172 164 166 2.0

  23. Slide 23: Columba Cross Section – B Vein

    COLUMBA CROSS SECTION – B VEIN Holes 36, 37 & 82 Looking Northwest B Vein - 650 Meters South from Historically Mined F Vein *All widths shown are drilled widths. Generally true widths range from 45 to 90% of drilled widths depending on the angle the drill hole intersected the mineral zone. TSX.V: KT

  24. Slide 24: Columba Cross Section – D Vein

    COLUMBA CROSS SECTION – D VEIN Hole 110 *All widths shown are drilled widths. Generally true widths range from 45 to 90% of drilled widths depending on the angle the drill hole intersected the mineral zone. TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JANUARY 2022

  25. Slide 25: Copalito – Senores Vein Cross Sections

    COPALITO – 5 Senores Vein Cross Sections BDH-20-039/BDH-21-041 BDH-21-042 1.70m @43 Ag(gpt), 2.56 Au(gpt), 0.81% Zn+Pb 8.35m @74 Ag(gpt), 0.6 Au(gpt), 0.06% Zn+Pb 1.31m @264 Ag(gpt), 0.23 Au(gpt), 2.26% Zn+Pb 19.43m @217 Ag(gpt), 0.83 Au(gpt), 1.48% Zn+Pb 0.22m @3160 Ag(gpt), 2.27 Au(gpt), 7.88% Zn+

  26. Slide 26: La Cigarra Resource

    LA CIGARRA RESOURCE In-Situ Grade ContainedMetal 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 59,260,00

  27. Slide 27: 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 Appenix Slide 28 for Additional Resource Disclosure and Details. OPEN “OPEN ONALL SIDES” 2.4 km OPEN OPEN OPEN Effective Date January 14, 2015, Authored by Allan A

  28. Slide 28: La Cigarra – San Gregorio Zone

    LACIGARRA– 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 JANUARY 2022 28

  29. Slide 29: Promontorio Resource

    PROMONTORIO RESOURCE Table 1: Resource Statement for the Promontorio Deposit, Sonora State, Mexico: SRK Consulting (U.S.) Inc., Effective Date March 31, 2013* Pit-Constrained 20 g/t Tonnes Avg AgEq Avg Ag Avg Au Avg Pb Avg Zn AgEq Oz Ag Oz Au Oz Pb lbs Zn lbs AgEQ Cut-Off (000's) (g/t) (g/t) (g/t) (

  30. Slide 30: La Negra – Work Underway

    LANEGRA– Work Underway 3D View of Conceptual Resource Pit – Mineralized envelope – Bottom of Oxide – Preliminary Resource pit TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JANUARY 2022 30

Kootenay Silver — Investor Presentation (March 2022) on 6ix