Kootenay Silver : Presentation

TSX.V: KTN

OTC: KOOYF

SILVER IN MEXICO

CORPORATE PRESENTATION I APRIL 2021

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 a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay's expectations or any change in events, conditions or circumstances on which any such statement is based.

Cautionary Note to US Investors: This presentation may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This presentation may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

QUALIFIED PERSON STATEMENT

The Kootenay technical information in this presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.

CAUTION TO U.S. INVESTORS CONCERNING MEASURED, INDICATED or INFERRED RESOURCES

We advise U.S. investors that while the terms "measured resources", "indicated resources" and "inferred resources" are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize these terms. U.S. investors are cautioned not to assume that any part or all of the material in these categories will be converted into reserves. It should not be assumed that any part of an inferred mineral resource will ever be upgraded to a higher category.

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INVESTMENT HIGHLIGHTS

• EXCELLENT LEVERAGE TO SILVER
• • Over 144Moz Silver Eqv. (M&I)* and 35.7Moz Silver Eqv. (Inf.)
• HIGH GRADE DRILL DISCOVERIES
• 1. Columba Silver Property - 3rd Drilling Program Underway
  2. Copalito Silver-Gold Property - 2nd Drilling Program Underway
• PROPERTIES WITH RESOURCE BASE
• 1. Promontorio - Resource Work Advancing
  2. 1. La Negra
  3. La Cigarra - Geological Modeling Underway
• SUCCESSFUL GENERATIVE PORTFOLIO

• • Exploration Ongoing on Optioned Properties with JV on Cervantes
• Full Resource Tables for La Cigarra and Promontorio can be found in the Appendix to this presentation.

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CAPITAL STRUCTURE

Exchange (Tier 1)	TSX.V: KTN; USOTC: KOOYF
Issued & Outstanding(1)	319,059,936
Options	13,620,000
Warrants	76,273,665
Current Market Cap(1)	~C$103.69M
KTN (shares 52-week High/Low)	C$0.54/$0.15
Average Daily Volume(1)	931,507 (average daily volume last 3 months)
Cash Position	~C$10.4M (as at Dec. 31, 2020)
Key Shareholders	Eric Sprott (10.9%), Condire (9%), Management & Directors (4%)
	Institutions (30%)
Majors who have invested	Coeur Mining, Agnico Eagle, Pan American Silver

(1) As of April 26, 2021 (Market Cap. calculated @ C$0.36 per share)

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BOARD & MANAGEMENT TEAM

"FROM DISCOVERY TO PRODUCTION"

EXPLORATION

MARKETING

FINANCE

MINE BUILDING

James McDonald, P. Geo

President, CEO & Director

(Formerly Alamos Gold)

Dr. Tom Richards, BSc, Ph.D. V.P. Exploration

(Formerly Mansfield, Geo. Survey of Canada, Ind. Geologist with Teck, Newmont)

Ken Berry, Chairman	Raj Kang, CFO	Andrea Zaradic, P. Eng. Director
Former President & CEO	(Formerly CFO Salares)	(Formerly Diamet)
of Northern Vertex Mining
Tiziano Romagnoli	Jon Morda, Director	Brian Groves, Director
Advisor	(Formerly CFO Alamos)	(Formerly Placer Dome)
(Formerly BMO Nesbitt
Burns in Geneva)	Tony Reda, Director
	CEO of Tectonic Metals
	(Formerly of Kaminak Gold)

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