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KS.V ·

Appointment of CFO

Management Changes

KLONDIKESILVER.com

KS : TSX.V K1SN : FSE

804 – 750 West Pender St. Vancouver, B.C. Canada, V6C 2T7 T: 604.682.2928

APPOINTMENT OF CFO

September 17, 2020 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS) is

pleased to announce that Mr. Laurence A. Smoliak has been appointed Chief Financial Officer (CFO) of

the Company.

Mr. Smoliak is a Chartered Public Accountant (Chartered Accountant and Certified Management

Accountant) with over 40 years experience in public practice and industry. He has broad experience in

finance and management, international business experience and has held s enior management positions in

private and public companies. Mr. Smoliak graduated from the University of British Columbia with a

Bachelor of Commerce Degree in Accounting and Management Information Systems. After university he

spent five years with the Chartered Accounting firm Thorne Riddell (later merged to be KPMG) working

in the areas of auditing, taxation and business valuations. He then set up and operated his own successful

public accounting practice.

About Klondike Silver

Klondike’s Silvana Mine Silver Zinc Lead project is located in South Eastern B.C., 138 km north of

the Trail B.C. smelter. The Company is actively exploring from underground, the western extension of

the Silvana Mine, along the “ Main Vein”. The “Main Vein” is a 9 km vein structure which is the most

prolific mineralized structure in the Slocan Mining Camp. There are 13 historical mines that are situated

along the 9 km vein str ucture which has produced 886,000 kg of silver, 95 million kg of zinc and 117

million kg lead so far (source: BC MINFILE).

Additional information can be found on the Company website: www.klondikesilver.com

On Behalf of the Board of Directors Contact Information

Klondike Silver Corp. Corporate Inquiries:

"Thomas Kennedy" Dale Dobson: (604) 682-2928

Thomas Kennedy, B.Comm., J.D. Email: [email protected]

CEO, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.