Kootenay Continues Drilling with Two Drill Rigs at Columba High-Grade Silver Project; Five Holes Completed

Executive Summary

• Kootenay Silver is conducting the first phase of a planned 50,000‑meter drilling program at its 100 % owned Columba Silver Project in Chihuahua, Mexico.
• Five drill holes (total ~2,500 m) have been completed on the D and I‑Vein targets; assay results are pending and will be released in the coming weeks.
• The company announced a marketing services agreement with Sideways Frequency LLC for US$250,000 over an initial three‑month term.

Key Details

• Drilling Activity: Two rigs operating; five holes completed (2,500 m total) on D‑Vein and I‑Vein targets.
• Planned Program: First phase of a 50,000 m drill campaign aimed at expanding the maiden 43‑101 Mineral Resource Estimate (MRE).
• Resource Context: Existing inferred resource (May 29 2025) – 5.92 Mt @ 284 g/t Ag, 0.19 % Pb, 0.50 % Zn = 54.1 Moz Ag, 25.2 Mlb Pb, 65.6 Mlb Zn (cut‑off 150 g/t Ag).
• Assay Highlights Mentioned: Prior drill holes on D‑Vein reported intercepts of 17.8 m @ 650 g/t Ag, 9.7 m @ 1,746 g/t Ag, and 16.5 m @ 620 g/t Ag (cited by VP Exploration).
• Funding: The drilling program is stated to be fully funded; no additional financing disclosed in this release.
• Marketing Services Agreement: Sideways Frequency LLC engaged for digital marketing services; fee US$250,000 for an initial three‑month term, renewable at Kootenay’s discretion, with no securities issued as consideration.
• Forward‑Looking Statements: Management expects the drilling to extend known mineralized zones and potentially support a future Preliminary Economic Assessment (PEA).

Notable Quotes

• James McDonald, President & CEO: “We are extremely excited to be drilling again at Columba… The program is fully funded and we look forward to providing regular updates for the next 12 months as we work towards updating the existing MRE and potentially making a decision to initiate work on a PEA.”
• Dale Brittliffe, VP Exploration: “It will be exciting to test the extensions of the resource bodies especially along the open‑ended trends… where respective drill length intercepts of 17.8 m @ 650 g/t Ag, 9.7 m @ 1,746 g/t Ag and 16.5 m @ 620 g/t Ag were hit.”