04:28:23 EDT Sun 09 May 2021
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Klondike Silver Corp (2)
Symbol KS
Shares Issued 244,764,035
Close 2021-05-03 C$ 0.07
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Klondike Silver appoints Berzins as director

2021-05-04 14:05 ET - News Release

Mr. Tom Kennedy reports


Klondike Silver Corp. has appointed Ian Berzins as an independent director of the company. He replaces Glen Macdonald who has resigned to focus on other projects.

Mr. Berzins is seasoned mining executive with over 35 years of experience in engineering, operations, maintenance, human resources, senior management and mine finance. He holds a BSc in mining engineering from Queen's University and is a registered professional engineer in the province of British Columbia. He completed the ICD director's education program at Haskayne School of Business and gained his ICDD certification from the Institute of Corporate Directors. He has led a number of management teams in Canada at operations including Thompson Creek Metals' Mount Milligan copper and gold mine in Northern British Columbia and San Gold Corp.'s Rice Lake gold mine in Manitoba. He has significant experience working with first nations and has raised money in capital markets. He is currently president, chief executive officer and director of Braveheart Resources Inc.

Mr. Berzins commented: "I am excited to join Klondike Silver at this time as an independent director. Klondike Silver has assembled an impressive land package in the heart of the Slocan mining camp having consolidated many of the past-producing silver, zinc and lead operations. I look forward to working with management and the board in unlocking the value of the assets."

Tom Kennedy, president and chief executive officer, commented: "Firstly I want to thank Glen Macdonald for his many years of service to the company and we wish him the best in his future endeavours. We are delighted to welcome Ian Berzins to our board given his significant practical experience in the mining industry in operations, engineering, project development and first nations engagement. Klondike Silver's top priority remains the restarting of our Slocan mine operations. Ian's experience will further strengthen the depth and diversity of our board."

About Klondike Silver Corp.

Klondike's Silvana mine silver-zinc-lead project is located in southeastern British Columbia, 138 kilometres north of the Trail, B.C., smelter. The company is exploring the western extension of the Silvana mine, along the Main Lode. The Main Lode is a nine-kilometre vein structure that is the most prolific mineralized structure in the Slocan mining camp. There are 13 historical mines that are situated along this vein structure that have produced 886,000 kilograms of silver, 95 million kilograms of zinc and 117 million kilograms of lead so far. Klondike Silver's 116-square-kilometre claim block encompasses 68 past-producing mines as well as eight of the 13 mines along the Main Lode. These 68 mines have produced a combined 1,258,000 kilograms of silver, 72 million kilograms of zinc and 158 million kilograms of lead so far.

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