Mr. Thomas Kennedy reports

KLONDIKE SILVER PRIVATE PLACEMENT EXTENSION

Klondike Silver Corp. has received a 30-day extension to close the private placement announced June 6, 2023, in order to raise additional funds.

The net proceeds will be used for advancing the Sandon, B.C., project, located 138 kilometres north of the Trail, B.C., Canada, smelter, and for general working capital.

About Klondike Silver Corp.

• Klondike's Silvana mine silver-zinc-lead project is located in southeastern British Columbia.
• Klondike's 114-square-kilometre claim block is 138 km north of the Trail, B.C., smelter.
• Klondike Silver is exploring from underground, along the nine km Main Lode. The Main Lode is the most prolific mineralized structure in the Slocan mining camp.
• There are 13 past-producing mines that are situated along the Main Lode which have produced 886,000 kilograms of silver, 95 million kg of zinc and 117 million kg lead so far.
• There are 67 past-producing mines that are situated in Klondike Silver's 114-square-kilometre claim block.

We seek Safe Harbor.