Kootenay Silver Inc. · TSXV:KTN
Kootenay Silver — Investor Presentation (June 2025)
40 slides from Kootenay Silver's investor presentation, June 2025
Slide 1: Discovering silver today for production tomorrow
TSX.V: KTN OTCQX: KOOYF Discovering silver today for production tomorrow CORPORATE PRESENTATION I JUNE 2025 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$0.97 Eric Sprott (~5%) Issued & Outstanding(1) 62,194,443 Condire (~6%) Management & Directors (~4%) Options, RSU & DSU 4,115,000 Institutions (~32%) Warrants(1) 17,039,942 Current Market Cap(1) ~C$60.3M 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 2025 Catalysts ✓ 19 Nov 2024 Expands mineralization at Columba: Columba 3,090 gpt Silver and 1.1% lead-zinc • Continue staged 50,000m drill program ✓ 16 Jan 2025 Drill Results from Columba, Highs to • Completion of Stage II, 20,000m program 1440 Ag gpt starte
Slide 9: Primary Catalyst for 2025 Columba Drill Program
Primary Catalyst for 2025 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 • 53,000 meters drilled to date in 211 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: F Vein Long Section
F Vein Long Section Composite F Vein Long Section Looking Northeast Silver Gram-meters (Ag grade x true width of intercept) TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JUNE 2025 • Quoted intervals represent downhole core lengths 14
Slide 15: Proposed Holes 2024 D-Vein
Proposed Holes 2024 D-Vein TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JUNE 2022 15
Slide 16: D Vein Long Section
D Vein Long Section TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JUNE 2022 • Quoted intervals represent downhole core lengths 16
Slide 17: D-Vein Long Section
NW 0m D-Vein Long Section 1,000m SE True Width of Mineralized Intervals x Ag (g/t) Grade Line Open CDH-21-110 29.9m @ 453 Ag gpt Incl 17.8m @ 650 Ag gpt CDH-22-125 CDH-24-164 34.45m @ 540 Ag gpt 98.7 m @ 211 Ag gpt CDH-24-153 Incl 9.7m @ 1,746 Ag gpt Incl. 12.0 m @ 531 Ag gpt 40.5m @ 183 Ag gpt Incl
Slide 18: What is Next?
What is Next? ➢ Ongoing fully funded 20,000m drilling program now complete. ➢ Final Assays awaited – Follow up program planning underway ➢ Continued drilling will expand on Phase II program ➢ 2025 Columba maiden resource pending results TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JUNE 2025 18
Slide 19: Secondary Catalysts Resource Properties
Secondary Catalysts Resource Properties
Slide 20: 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 21: 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 22: 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 23: 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 X: https://x.com/KootenaySilver TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JUNE 2025 23
Slide 24: Appendix
KOOTENAY SILVER ING APPENDIX
Slide 25: Outstanding Warrants & Options
OUTSTANDING WARRANTS & OPTIONS Summary of Warrants outstanding Number of Shares Exercise Price Expiry Date 4,999,995 $ 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-26 527,678 $ 1.12 25-Apr-26 3,772,500 $ 1.40 24-May-26 196,350 $
Slide 26: Columba Claim Boundaries
3,347,500, 3,342,500, Ny 8 A a 3 Ss 000‘0ez America 2 o0s‘zez ‘America 2 (in process), | America America 1 Nueva Fortuna: 000°'s: KOOTENAY SILVER IMC COLUMBA CLAIM BOUNDARIES Legend = Columba_Claims_Active Claims in aquisition process Project Access Road 1:60,000 contour 150,000 water San Joaquin (i
Slide 27: 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 JUNE 2025 27
Slide 28: TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JUNE 2025
True widths estimated at between 60% and 80% of the downhole lengths. TSX.V: KTN I OTC: KOOYF I CORPORATE PRESENTATION I JUNE 2025 28
Slide 29: Selected Drilling Highlights
SELECTED DRILLING HIGHLIGHTS 29
Slide 30: 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 31: True widths estimated at between 60% and
True widths estimated at between 60% and 80% of the downhole lengths. 31
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 • Sampling from u/g workings and drilling assays suggest classic epit
Slide 33: 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 34: 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 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 JUNE 2025
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-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 38: 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 39: 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 40: 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