Kootenay Silver Reports Tragic Incident at Columba Silver Project

On June 12, 2026, Kootenay Silver Inc. (TSXV: KTN, OTCQX: KOOYF) announced the unfortunate news of an incident involving a contract miner at their Columba silver project. The miner, who was working within the F Vein shaft, was involved in an accident on June 11 and has not yet been located. The company is deeply saddened by this incident, which has cast a shadow over their operations and has greatly affected both the team and the miner's loved ones.

Upon learning of the incident, the management team at Kootenay Silver promptly contacted all necessary authorities to ensure a thorough investigation into the cause of the accident could begin immediately. Until the investigation is concluded, all exploration activities have been temporarily halted to prioritize safety and ensure that the team remains secure.

The company expressed heartfelt condolences to the family and friends of the miner. In a statement, they expressed that words cannot adequately convey the sorrow felt among employees and contractors alike at this distressing time. The loss is a reminder of the inherent risks present in mining operations and emphasizes the company’s commitment to safety. They underlined that no measure would be spared in the efforts to prevent such tragic events from occurring in the future.

Safety has always been a top priority for Kootenay Silver, and they are committed to maintaining a secure workplace for all employees and contractors. Recognizing that mining operations can be fraught with risks, the company has continually focused on implementing rigorous safety protocols and training programs to mitigate these hazards. This commitment to safety will remain forefront in all aspects of their operations as they move forward.

As the investigation unfolds, Kootenay Silver is prepared to provide updates and engagement with the community regarding the findings and any subsequent measures that will be taken as a result of the incident. Kootenay acknowledges the importance of transparency during this challenging time and appreciates the support and understanding of the community, stakeholders, and the families involved.

In the wake of such tragedies, companies often experience waves of emotions, with employees rallying together not only for their colleague but also in honor of the duties they hold to one another. Kootenay Silver's management has assured their teams and partners that they are dedicated to providing guidance and support to those affected by this incident.

Kootenay Silver also notes that the TSX Venture Exchange and its Regulation Services Provider are neither responsible for the adequacy nor the accuracy of the report regarding this incident and its implications.

For additional information or to engage in dialogue regarding this incident, interested parties can reach out to James McDonald, CEO and President at 403-880-6016, or Ken Berry, Chairman at 604-601-5652 or 1-888-601-5650. The company encourages an open line of communication and extends their thoughts and prayers to everyone affected during this difficult time.

Kootenay’s commitment to excellence and safety remains steadfast and will continue into the future as they navigate through recovery from this tragic incident. Their dedication underscores a promise to foster an environment where safety and security are paramount, establishing a foundation of trust with employees, stakeholders, and the wider community.

Going forward, Kootenay Silver is focused on ensuring that all appropriate actions and safety protocols are in place, adapting to the outcomes of the ongoing investigation to mitigate any future risks and ensure the safety of all mining operations conducted by the company.