SILVERBUGS (SILVER)

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KOOTENAY SILVER MOBILIZES DRILL TO LA NAVIDAD ZONE, AT LA CIGARRA SILVER PROJECT, MEXICO

September 28, 2017

(please note: The underlined words are 'clickable' links when accessed via the link at the bottom of this page)

Kootenay Silver Inc. (TSXV: KTN; OTC: KOOYF) (the “Company” or “Kootenay”) is pleased to announce that the latest drill hole on the Las Venadas Zone has been completed and the Company has mobilized the drill rig to the La Navidad Zone, at its 100% owned La Cigarra silver project located in the Parral District of Chihuahua State Mexico.

Kootenay Silver President & CEO Jim McDonald states, "Drilling at Las Venadas was successful in identifying what we believe is a very significant new silver zone with potential to add to the La Cigarra silver resource count (see news releases August 30th, 2017 and August 15th, 2017). Obviously we are looking forward to the follow up drill program on the new discovery once the current program is complete. Meanwhile we are excited to get the first ever drill holes into the La Navidad Zone, which offers considerable exploration upside given it’s similarities to the San Gregorio part of the deposit just 500 meters to the west.”

The La Navidad Zone is situated approximately 500 meters to the east and parallel to the San Gregorio Zone, which currently contains approximately 60% of La Cigarra’s NI 43-101 Mineral Resource Estimate of 51.47 million ounces of silver in the Measured & Indicated categories (18,540,000 tonnes) grading 86.3 gpt silver and 11.46 million ounces of silver in the Inferred category (4,450,000 tonnes) grading 80 gpt silver (see Northair News Release dated January 14, 2015 or SEDAR for information on the NI 43-101 technical report).

Rock and soil sampling programs completed on the La Navidad Zone defined a mineralized area measuring up to 1,000 meters long by 300 meters wide that is similar in size and silver in soil values as found at the San Gregorio Zone. To view the similarities between the two areas click the following link: Location, Sampling and Geological Setting Maps of La Navidad Zone on the La Cigarra Property.

Results from the ongoing 7,500-meter drill program at La Cigarra will be announced once assays are received, compiled and interpreted by the Company.

Sampling and QA/QC
All technical information for the La Cigarra exploration program is obtained and reported under a formal quality assurance and quality control ("QA/QC") program. Samples are taken under the direction of qualified geologists and stored in sealed bags. Samples are delivered by the Company via courier to ALS Minerals ("ALS") in Chihuahua. The samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS in Vancouver B.C. Systematic assaying of standards is performed for precision and accuracy. Analysis for silver, zinc, lead and copper and related trace elements was done by ICP four acid digestion, with gold analysis by 30-gram fire assay with an AA finish. All drilling will be with HQ core and has been contracted to BD Drilling from Guadalajara, Mexico.

Qualified Persons
The Kootenay technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed on behalf of Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.

About Kootenay Silver Inc.
Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of two of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For additional information, please contact:

James McDonald, CEO and President at 403-880-6016
Ken Berry, Chairman at 604-601-5652; 1-888-601-5650

or visit: http://www.kootenaysilver.com

http://www.kootenaysilver.com/news/kootenay/2017/kootenay-silver-mobilizes-drill-to-la-navidad-zone-at-la-cigarra-silver-project-mexico