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 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 B.C.

Klondike's 114-square-kilometre claim block is 138 kilometres north of the Trail, B.C., smelter.

Klondike Silver is exploring from underground, along the nine-kilometre 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 load, which have produced 886,000 kilograms of silver, 95 million kilograms of zinc and 117 million kilograms of 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.