Klondike Silver MINE Permit M-65 Amended
Our Vision: Silver/Zinc/Lead Production
KLONDIKESILVER.com
KS : TSX.V K1SN : FSE
804 – 750 West Pender St. Vancouver, B.C. Canada, V6C 2T7 T: 604.682.2928
August 5, 2021
KLONDIKE SILVER MINE PERMIT M-65 AMENDED
Effective May 21, 2021 the Major Mines Office (MMO) of the Province of British Columbia’s Ministry
of Energy, Mines and Low Carbon Innovation (EMLI) am ended Mine Permit M -65 by “ Approving
change of Permitted Mine Area”. This “AMENDMENT” increased the Mine Permit Area at 2 locations
where Klondike Silver was seeking approval for advancement of work necessary for Tailings
Management Facility upgrades.
1. Rip Rap Quarry
Klondike Silver was seeking Mine Permit M -65 approval to establish a Rip Rap Quarry along the 4000’
Level Adit access road.
June 30, 2021: Based on the information provided by Klondike Silver, the Major Mines Office technical
staff have assessed that the proposed mining activity is considered within the AMENDED M-65 Mines
Act permit. As a result Klondike is preparing to mine the Rock Quarry for Rip Rap materials necessary to
protect the Tailings Management Facility.
2. Tailings Management Facility
Klondike Silver wa s seeking Mine Permit M -65 approval to proceed with mining activities primarily
along Carpenter Creek , relating to remedial actions on the tailing facility to meet the requirements
previously imposed by the Mining Ministry. The Tailings Management Facility (includes 3 tailing
ponds) is adjacent to Carpenter Creek.
July 22, 2021: Based on the information provided by Klondike Silver, the Major Mines Office technical
staff have assessed that the proposed mining activity is considered within the AMENDED M -65 Mines
Act permit. In accordance with recommendations prepared by Tetra Tech Inc. (a geotechnical and
engineering consulting firm), Klondike Silver is preparing to proceed with necessary remedial actions on
the Tailings Facility to meet the requirements previously imposed by the Mining Ministry.
Fisheries and Oceans Canada is responsible for “Fish and Fish Habitat” in British Columbia.
Carpenter Creek flows North along the East side of the Tailings Management Facility. This
section of Carpenter Creek is included in the new Permitted Mine Area.
July 26, 2021: Klondike Silver received approval to work in Carpenter Creek in accordance with
Fisheries and Oceans guidelines.
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KLONDIKESILVER.com
KS : TSX.V K1SN : FSE
804 – 750 West Pender St. Vancouver, B.C. Canada, V6C 2T7 T: 604.682.2928
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 exploring from underground, the western extension of the
Silvana Mine, along the “Main Lode”. The “Main Lode” 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 structure which have produced 886,000 kg of silver, 95 million kg of zinc and 117
million kg lead so far. Including 8 of the 13 above there are 68 historical mines that are situated in the
Klondike Silver 116 square kilometer claim block which have produced 1,258,000 kg of silver, 72
million kg of zinc and 158 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
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Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute “ forward-looking information” under applicable Canadian
securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work
programs and objectives and expected results from such work programs. Forward -looking information necessarily involve
known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to acces s
sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other
risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and
future events to differ materially from those expressed or implied by such forward- looking information and the risks identified
in the Company’s continuous disclosure record. There can be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those anticipated in such information. Accordingly, readers sho uld
not place undue reliance on forward-looking information. All forward- looking information contained in this news release is
given as of the date hereof and is based upon the opinions and estimates of management and information available to
management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward -looking
information, whether as a result of new information, future events or otherwise, except as required by law.