VANCOUVER,May 26, 2020 –Kootenay Silver Inc. (TSX.V: KTN) is pleased to announce assay results from an additional four holes at the Columba high-grade silver project (the “Property”), located in Chihuahua State, Mexico.  These holes are the remaining 4 of 10 holes completed from the 2020 drill program (the “Program”) before the COVID-19 work stoppage.

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Kootenay President and CEO,James McDonald stated: “Now we have drill results that show continuity and high grades along nearly 600 meters of strike on the F Vein at depths from 15 to 200 meters. Important to note in this release are holes 51 and 49 with silver grades exceeding 800 gpt and 2000 gpt, respectively. These grades are in new veins that are additive to the F Vein. The hanging-wall structure in particular shows high grades of silver and good continuity along 400 meters of strike. Holes 51 and 49 also hit high silver grades of 769 gpt and 484 gpt in the F Vein, successfully extending high grade silver mineralisation 100 and 150 meters down dip from holes 45 and 42.”

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Highlights of Holes CDH-20-048 to CDH-20-051:

CDH-20-048

• 259 gpt silver over 1.06 metersin the Hanging-wall structure.
• 197 gpt silver over 3.6 meterswithin124 gpt silver over 7.0 metersin the F Vein structure.