Mr. Thomas Kennedy reports

KLONDIKE UPDATE - ANNUAL FINANCIAL STATEMENTS

Klondike Silver Corp. has provided the following update.

The company continues to make good progress to complete its audited financial statements for the fiscal year ended May 31, 2025, and its subsequent quarterly report.

Klondike expects to file its audited financial statements on or before Nov. 28, 2025. The quarterly statements will follow shortly thereafter.

As noted in a previous press release, Klondike is in the process of raising additional capital to advance its world-class Silvana mining project.

About Klondike Silver Corp.

Klondike's Silvana silver-zinc-lead mine project is located in southeastern British Columbia, 138 kilometres north of the Trail, B.C., smelter. The company is actively exploring from underground, the western extension of the Silvana mine, along the Main lode. The Main lode is a nine-kilometre vein structure, which is the most prolific mineralized structure in the Slocan mining camp. There are 13 historical mines that are situated along the nine-kilometre vein structure, which have produced 886,000 kilograms of silver, 95 million kilograms of zinc and 117 million kilograms lead so far. Including eight of the 13 above, there are 68 historical mines that are situated in the Klondike Silver 116-square-kilometre claim block, which have produced 1,258,000 kilograms of silver, 72 million kilograms of zinc and 158 million kilograms lead so far (source: British Columbia Minfile).

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