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KS.V ·

Klondike Silver Completes First Phase of Required Tails Pond Embankment Rehabilitation IN Sandon B.c. Canada

Corporate Updates

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

KLONDIKE SILVER COMPLETES FIRST PHASE OF REQUIRED

TAILS POND EMBANKMENT REHABILITATION

IN SANDON B.C. CANADA

November 18, 2021

Klondike Silver is pleased to report completion of the first phase of required rehabilitation of tailings

pond embankment adjacent to Carpenter Creek , Silvana Silver Mine, Sandon British Columbia Canada.

Additional phases will be completed in 2022 to satisfy B .C. Ministry of Energy, Mines and Low Carbon

Innovation requirements.

About Klondike Silver

• Klondike’s Silvana Mine Silver Zinc Lead project is located in South Eastern B.C.

• Klondike’s 116 square kilometer claim block is 138 km north of the Trail B.C. smelter.

• Klondike Silver is exploring from underground , along the 9 km “Main Lode”. The “Main Lode”

is the most prolific mineralized structure in the Slocan Mining Camp.

• There are 13 historical mines that are situated along the “Main Lode” which have 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 Klondike Silver’s 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.

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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

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 access

sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other

risks.

Forward-looking informa tion 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 should

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 t he 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.