Kootenay Silver Inc (KOOYD)

[gharma]

yes, they only seem to be building the size of the resource and moreso of the prospects for the property
what the heck, they are, for Kootenay, in fairly good shareprice territory, so if someone begged for more shares I guess why not, they will certainly have a use for the cash

[wshaw14]

Can make the thoughts go both ways. I am a positive thinker and believe somebody wanted more. I have been here for a while and believe they have something of value.

[gharma]

Makes one wonder doesn't it. Announce a $6 million placement but then 3 weeks later close the "First Tranche" of 7.2 million, 20% more than the announced placement. ??

[wshaw14]

Oct 25, 2012 FINANCING- Kootenay Silver Closes First Tranche of Private Placement of $7,203,000
http://www.kootenaysilver.com/s/NewsReleases.asp?ReportID=553927&_Type=News-Releases&_Title=htmlFONT-COLOR0066CCbFINANCING-bfonthtmlKootenay-Silver-Closes-First-Tranch...
Oct 05, 2012 PROMONTORIO - Filing of NI 43-101 Technical Report on Promontorio Silver Project in Sonora, Mexico
Kootenay Silver Inc. (TSX VENTURE: KTN.V) is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") in support of the Comp...
http://www.kootenaysilver.com/s/NewsReleases.asp?ReportID=551559&_Type=News-Releases&_Title=htmlFONT-COLORFF6600BPROMONTORIO-BFONThtmlFiling-of-NI-43-101-Technical-Rep...
Oct 04, 2012 FINANCING - Kootenay Silver Announces $6 Million Private Placement
Vancouver - Kootenay Silver Inc. (TSX-VENTURE:KTN) (the "Company") is pleased to announce that it has entered into an agreement with Dundee Securities Ltd., on behalf of a syndicate including P...
http://www.kootenaysilver.com/s/NewsReleases.asp?ReportID=551428&_Type=News-Releases&_Title=htmlFONT-COLOR0066CCbFINANCING-bfonthtmlKootenay-Silver-Announces-6-Million...

[basserdan]

Kootenay Silver's "comprehensive approach" paying off, AheadoftheHerd.com says

by Proactiveinvestors
September 24, 2012 8:45 am



In two short years KTH has increased shareholder value by a factor of over six times while keeping the share count at a very respectable 59.5 million fully diluted.

Investor site AheadoftheHerd.com suggests that it's time to turn your attention to Kootenay Gold Inc.(KTN.V; KOOYF) if you believe in the adage "mines are made, not discovered".

Drawing from the experience of its management team, led by chief executive and chief geologist James McDonald, Kootenay is applying the same pragmatic approach to its flagship Promontorio Silver Project in Sonora Mexico, that has helped companies McDonald has been associated with, such as Alamos Gold (TSE:AGI), turn into accomplished producers.

Since first acquiring the historic past producer in 2005, Kootenay has taken no shortcuts in its quest to systematically exploit the vast silver resources believed to exist within Promontorio’s 79,000 hectare borders.

Based on its success to date and the projects maturing status, the company’s comprehensive approach appears to be paying off, Rick Mills of the AheadoftheHerd.com newsletter said.

Kootenay Silver's strategy has been to build a company incorporating both the property ownership dilution business model and share dilution model.

They have several projects joint ventured with other junior explorers who pay costs for exploration and issue shares in their company while Kootenay has retained 100 per cent ownership of their flagship Mexican property,the advanced stage Promontorio silver project.

A 43-101 Resource Estimate released in August of 2010 shows the Promontorio Silver Project contained indicated and inferred resources of over 10 million ounces of silver along with substantial amounts of lead and zinc. The overall contained metal values at Promontorio were estimated at $320 million.

Since August 2012, Kootenay Silver put out two significant news releases, the first was in regards to an updated resource estimate – resources have gone from an in ground value of $320 million to over two billion dollars using today’s silver price.

In two short years KTH has increased shareholder value by a factor of over six times while keeping the share count at a very respectable 59.5 million fully diluted.

The open pit mineral resources for the Promontorio Project are 36,018,000 tonnes grading an average of 51.35 grams per tonne (g/t) silver equivalent classified as Measured and Indicated Mineral Resources, with an additional 9,136,000 tonnes grading an average of 42.86 g/t silver equivalent classified as Inferred Mineral Resources.

This resource is stated above a 15.00 g/t cut-off grade and contained within potentially economically mineable pit shells.

Underground mineral resources are 2,216,000 tonnes grading an average of 48.75 g/t silver equivalent classified as Indicated Mineral Resources, with an additional 3,077,000 tonnes grading an average of 53.90 g/t silver equivalent classified as Inferred Mineral Resources.

The resource is stated above a 35.00 g/t cut-off grade to reflect the higher mining costs associated with underground production.

Rick Mills is the owner of Aheadoftheherd.com and invests in the junior resource/bio-tech sectors.

http://www.proactiveinvestors.com/companies/news/35054/kootenay-silvers-comprehensive-approach-paying-off-aheadoftheherdcom-says-35054.html

[gharma]

Yep, the future has been looking better and better, with the importance of the diatreme interpretation still, imo, very much overlooked in the market.
The reaction to the updated resource estimate in the market was rather modest, but of course its release was not into the best of precious metals or market sentiment to say the least.

[basserdan]

Kootenay Triples Its Silver Resource At Promontorio

By Ryan Jackson in Vancouver
September 12, 2012

When Minesite caught up with Ken Berry, the chairman of Kootenay Silver, back in July, he predicted that a rather impressive resource update for the company’s flagship Promontorio silver project in Sonora, Mexico was on the way.


Promontorio

“We may very well see numbers in the 40 million to 50 million-plus range”, he said. At the time that looked like an ambitious aspirationm since such a result would have represented, at the low end, a doubling of the 21 million ounce silver resource that Promontorio was at that time known to contain.

But as it turns out, the team at Kootenay Silver has left even that lofty goal in the dust and, in an announcement released last month, has tripled the NI 43-101 resource to just over 36 million tonnes grading an average of 51.35 grams per tonne silver equivalent.

That adds up to nearly 62 million measured and indicated ounces of silver equivalent ounces, of which 59 million is open-pittable.

There’s also an additional 9.1 million tonnes grading an average of 42.86 grams per tonne silver equivalent in the inferred category, for a further 14.5 million silver equivalent ounces.

The stated target now is “100 million ounces-plus silver, with an equivalent lead-zinc component”, and the company now looks well on the way to achieving that goal.

The new 60-plus million ounce resource comes after the company drilled a further 37,900 meters to expand the previous resource and to define an entirely new area to the northeast.

James McDonald, the company’s chief executive is understandably pleased with the results, and especially with the way the resource lies within the orebody.

“We cannot emphasize enough the significance that the 59 million measured and indicated silver equivalent ounces are contained within two optimized Whittle pits”, he says. “This bodes extremely well for the potential economic viability of the Promontorio project and our objective of seeing Promontorio become a prominent Mexican silver producer.”

But will it stack up economically? Certainly, it looks that way. A recent price sensitivity analysis conducted at Promontorio concluded that at 18, 24, and 36-month trailing average metals prices Promontorio will be viable.

“When you apply even the most conservative metal prices observed during the 18 to 36 month period, there is less than a four per cent variance in Promontorio's measured and indicated resource”, says James. That’s not at all bad, considering the significant fluctuations over the last three years.

Still, the company is not going to rest on its laurels. Back in July James said “it is apparent the prospects for multiple, additional precious metal discoveries within Promontorio’s diatreme system and lengthy mineralized trend are substantial.”

A regional exploration program, run concurrent with resource expansion drilling, resulted in the discovery of numerous gold, silver, and polymetallic (lead, zinc, copper) mineralized systems.

And even as new targets are identified and queued up for testing, the main resource remains open in many directions. It has, says James, “the potential to materially increase in size yet again.”

In the meantime, though, the company is already turning its thoughts towards production. Over the summer, Kootenay conducted geotechnical, engineering, groundwater, and environmental studies. In addition, the metallurgy looks highly favourable.

Initial metallurgical data from Promontorio dates back to 2009, when tests showed 82% of the silver reporting to a lead concentrate and a further 7% to the zinc concentrate, with 85% of the lead recovered to the lead concentrate and 91% of the zinc to the zinc concentrate. Now, Kootenay has retained metallurgical consultants to conduct additional metallurgical work on Promontorio to update the 2009 results.

Additionally, following a geological reassessment that took place while the latest resource was being put together, the company is now investigating whether the significant gold content of the deposit, which is not yet factored into any of the company's resource calculations, can be extracted economically. If so, the gold could yield an additional boost to project economics.

Meanwhile, consultants have completed initial hydrologic studies designed to gain a greater understanding of the ground water resources on the project and develop a conceptual hydrogeologic model. And preliminary environmental baseline studies have also been undertaken. Cataloguing the flora and fauna of the area is now complete.

Source: http://minesite.com/news/kootenay-triples-its-silver-resource-at-promontorio

[wshaw14]

43-101 08/21/22012 http://www.kootenaysilver.com/s/NewsReleases.asp?ReportID=542844&_Type=News-Releases&_Title=htmlFONT-COLORFF6600BPROMONTORIO-BFONThtml-Kootenay-Silver-Announces-Result... Not much activity here lately. The potential is here,its just a matter of time until this one gets "discovered" IMHO

[basserdan]

In reference to Kootenay Silver TSX.V:KTN; OTC:KOOYF Update August 22nd 2012

I’d like to talk about a few things in regards to KTN’s last news release:

Kootenay Silver Announces Results of Updated NI 43-101 Resource Estimate on its Flagship Promontorio Silver Project in Sonora, Mexico #msg-78777362

When SRK does a resource estimate they use a mathematical modeling program to define potentially economic ozs at, and above, the cut-off grade.



A Whittle Pit would encompass all the ozs, (the ones with proper drill hole spacing allowing them to be used) above the cut-off grade in a certain area, all mining costs are considered. What we end up with is an extremely detailed first pass list of the economic viability of the deposit.

Currently, the drill hole spacing between the Pit Zone Resource and the NE Zone Resource is too far apart for a resource to be calculated, the company intends to infill drill the gap between the two resources in the upcoming 25,000 meter drill program. KTN also intends to drill towards the Dorotea Zone to potentially establish continuity.

At the same time Kootenay will continue, and start, the engineering studies required to evaluate what they have on an economic basis.

There have been many questioning why a $34 cut-off was used when First Majestic used $25. Well the difference is Majestic was doing a feasibility study on a mine for reserves. For reserves, mineable ore, you use a 36 month trailing average.

SRK was doing a resource calculation, potentially economic ore, for KTN and its perfectly acceptable to use an 18 month trailing average, which is where the $34 came from.

The updated Measured and Indicated resource contains an estimated 61,679,000 oz Ag Eq with another 14,469,000 oz Ag Eq categorized as Inferred. With just over 76m oz Ag Eq and looking at the above diagram it’s not hard to believe, imo, that Promontorio is going well over 100m oz Ag Eq.

Rick Mills

***

http://aheadoftheherd.com/PitBULL-Pieces.html

[basserdan]

Kootenay Silver Announces Results of Updated NI 43-101 Resource Estimate on its Flagship Promontorio Silver Project in Sonora, Mexico

Shares Outstanding: 48,383,850

VANCOUVER, British Columbia, August 21, 2012 --
Kootenay Silver Inc. (TSX VENTURE: KTN.V; OTC:KOOYF) is pleased to announce that an updated resource estimate performed by SRK Consulting (U.S.) Inc. of Lakewood, Colorado ("SRK") on its Promontorio Silver Project has resulted in a significant increase in the size of Promontorio's Measured and Indicated mineral resources.

Resource Statement

The open pit mineral resources for the Promontorio Project are 36,018,000 tonnes grading an average of 51.35 g/t silver equivalent classified as Measured and Indicated Mineral Resources, with an additional 9,136,000 tonnes grading an average of 42.86 g/t silver equivalent classified as Inferred Mineral Resources. This resource is stated above a 15.00 g/t cut-off grade and contained within potentially economically mineable pit shells.

Underground mineral resources are 2,216,000 tonnes grading an average of 48.75 g/t silver equivalent classified as Indicated Mineral Resources, with an additional 3,077,000 tonnes grading an average of 53.90 g/t silver equivalent classified as Inferred Mineral Resources. The resource is stated above a 35.00 g/t cut-off grade to reflect the higher mining costs associated with underground production.

The mineral resources are summarized in Table 1. The updated Measured and Indicated resource contains an estimated 61,679,000 oz AgEq with another 14,469,000 oz AgEq categorized as Inferred.

The following material changes incorporated into the updated resource estimation contributed to the significant increase in the mineral resource;

• Significantly, extensive additional drilling has been incorporated into the new estimation. This includes over 37,900 meters of new drilling to expand the previous resource, as well as define an entirely new area to the NE of the previous resource. Over 22,000 samples were used in the modeled wireframes compared to just over 3,000 for the previous model.

• The new zones of mineralization have been defined through careful logging of the geology, and have been defined as wireframes that are volumetrically almost 15x larger than the previously modeled high-grade core that limited the estimation.

• Silver prices used for calculations of cutoff grades and equivalencies in the previous report were $15/oz, less than half of the current 18-month rolling average of $34/oz. This had a positive significant impact on the amount of material included in the pit optimization.

Table 1: Resource Statement for the Promontorio Deposit, Sonora State, Mexico: SRK Consulting (U.S.) Inc., July 31, 2012*

 Open Pit                                             Reported at a 15 g/t AgEq Cutoff 
               AgEq Oz  Ag Oz  Pb Lbs  Zn lbs  Tonnes 
               (000's) (000's) (000's) (000's) (000's)                Grade 
                                                           AgEq                        Zn 
                                                          (gpt)   Ag (gpt)  Pb (%)    (%) 
   
     Measured   17,092  10,428 102,613 120,342   9,170    57.97    35.37     0.51     0.60 
     Indicated  42,371  25,675 257,043 301,592  26,848    49.09    29.74     0.43     0.51 
     M+I        59,463  36,104 359,656 421,934  36,018    51.35    31.18     0.45     0.53 
     Inferred    9,136   6,038  47,351  56,354   6,630    42.86    28.32     0.32     0.39 
   
     Underground                                          Reported at a 35 g/t AgEq Cutoff 
               AgEq Oz  Ag Oz  Pb Lbs  Zn lbs  Tonnes 
               (000's) (000's) (000's) (000's) (000's)                Grade 
                                                           AgEq               Pb       Zn 
                                                          (gpt)   Ag (gpt)   (%)      (%) 
   
     Indicated   2,216   1,371  13,284  14,987   1,414    48.75    30.15     0.43     0.48 
     Inferred    5,333   3,555  30,217  28,960   3,077    53.90    35.94     0.45     0.43 
   
     Total                                                    Reported at multiple cutoffs 
               AgEq Oz  Ag Oz  Pb Lbs  Zn lbs  Tonnes 
               (000's) (000's) (000's) (000's) (000's)                Grade 
                                                           AgEq               Pb       Zn 
                                                          (gpt)   Ag (gpt)   (%)      (%) 
   
     Measured   17,092  10,428 102,613 120,342   9,170    57.97    35.37     0.51     0.60 
     Indicated  44,587  27,046 270,327 316,579  28,262    49.06    29.72     0.43     0.50 
     M+I        61,679  37,474 372,940 436,921  37,432    51.25    30.68     0.44     0.51 
     Inferred   14,469   9,593  77,568  85,314   9,707    46.36    32.57     0.39     0.41

Notes:
* Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves estimate

[1] Open pit resources stated as contained within a potentially economically minable pit shell
[2] Pit optimization is based on assumed silver, lead, and zinc prices of $34/oz , $1.07/lb, and $0.97/lb respectively, mill recoveries of 82%, 85% and 91% respectively, a 1.5% NSR, mining costs of $1.20/t, and a processing and G&A cost of $12.00/t
[3] Break-even cutoff grades used were 15 g/t AgEq for open pit mill material and 35 g/t AgEq for underground material;
[4] Silver equivalency is based on unit values calculated from the above metal prices, and assumes 100% recovery of all metals.
[5] Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding

Kootenay President and CEO James McDonald states, "It is immensely satisfying to see the hard work and diligence of our entire team on the ground and in the office be rewarded by such an excellent result. We cannot emphasize enough the significance that the 59 million measured and indicated silver equivalent ounces are contained within two optimized Whittle Pits. This bodes extremely well for the potential economic viability of the Promontorio project and our objective of seeing Promontorio become a prominent Mexican silver producer."

Adds McDonald "In addition to the outstanding results, the resource areas remain open in multiple directions and have the potential to materially increase in size yet again. The next steps will be to aggressively pursue the expansion of these resources through drilling and to advance geotechnical, engineering, groundwater and environmental studies to be incorporated into assessing the economic viability of the project."

The mineral resources are reported in accordance with Canadian Securities Administrators ("CSA") NI 43-101 and have been classified in accordance with standards as defined by the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") "CIM Definition Standards - For Mineral Resources and Mineral Reserves".

This mineral resource estimate has been completed by Matthew Hastings M.Sc, P.Geo under the direction of Jeffrey Volk, M.Sc. C.P.G., FAusIMM, Principal Resource Geologist with SRK, who has reviewed pertinent geological information in sufficient detail to support the data incorporated in the mineral resource estimate. Mr. Volk is an Independent Qualified Person as defined under NI 43-101 and is responsible for the mineral resource estimate presented in this release.

Drilling data includes a total of 45,118 samples from 65,092m of drilling. Approximately 37,900m has been drilled since the 2010 resource was completed. Of the 45,118 samples in the database, 22,658 lie within the wireframes and were used in the resource estimation. This is significantly more data than the previous estimation, which used only 3,022 samples within the modeled wireframes. Wireframes are three-dimensional closed solids constructed in Vulcan™ and based on a combination of logged geology and assay information. These wireframes limit the estimation.

Three-dimensional wireframes were constructed for the modeled domains using Leapfrog 3D™ modeling software as well as Vulcan™. SRK modeled both the SW/Pit and NE zones independently, and corrected inconsistencies with the Leapfrog solids using Vulcan.

The average sample length for all samples is 1.44m. Samples were composited to 3m lengths within the breccia, stockwork, and PC zones. For the estimation, SRK used Ordinary Kriging in the densely-drilled areas, and Inverse Distance Weighting for the areas with more widely-spaced drilling. SRK applied appropriate block model validation techniques for a resource estimation at this stage of project development.

Pit optimization was conducted using Whittle™ software and evaluating the block model which was constructed in Vulcan™. A cutoff for the pit optimization of 15 gpt and 35 gpt silver equivalent for open pit and underground was used respectively.

Measured, Indicated and Inferred Mineral Resources are categorized as Measured being where at least 3 drill holes occur within a 25 meter ellipsoid, Indicated being where at least 3 drill holes occur within a 50 meter ellipsoid and Inferred being where at least 2 drill holes occur within a 75 meter ellipsoid. Blocks estimated using Inverse Distance Weighting in the widely-spaced drilling intermediate to the two predominant zones were categorized as Inferred.

QA/QC

The majority of holes reported here were drilled with HQ sized diamond drill core with some sections reduced down to NQ sized core. Core samples were cut using a core saw with 1 to 2 meter long sample intervals. A select few holes drilled using reverse circulation methods were included in the resource estimation, but are generally in the areas of more widely-spaced drilling between the two primary zones. Further Quality Assurance and Control procedures and details on assays are disclosed on the Kootenay Gold Inc. website.

SRK, with inputs from Kootenay on specific sections, will be the author of an NI 43-101 compliant Technical Report on the Mineral Resource Estimate for the Promontorio Project, to be filed within 45 days of this news release.

ABOUT KOOTENAY

Kootenay Silver Inc. is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Its flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. Kootenay's objective is to develop near term discoveries and long-term sustainable growth. Its management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.

Video with caption: "Video: Kootenay Silver Announces Results of Updated NI 43-101 Resource Estimate on its Flagship Promontorio Silver Project in Sonora, Mexico". Video available at: http://tinyurl.com/crd7zq2

For additional information, please contact:

James McDonald,
CEO and President
at [phone]

Ken Berry,
Chairman
at [phone]; [phone]

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

PR Newswire
August 21, 2012 - 1:49 PM EDT
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8595188

[wshaw14]

I do like the prospects here. I do hawever have favorites that will ????

[gharma]

Well, I am watching this new diatreme model closely, although I should try to figure how much of what would be the mineralization annulus is on property controlled by which parties despite the absence of sufficient geo-info.
I also find their somewhat project generator JV pipeline attractive aspect.
Yes, not a quickie, but has been prone to some 10%-ish spikes; but there is a lot of potential here imo. And hey, they actually update us on the timelines !

[wshaw14]

Agreed, but this is IMHO not a quickie.

[gharma]

In fact, see the July 25 NR: Update: NI 43-101 Resource Calculation Close To Completion, Multiple Additional Targets Identified Within Diatreme System
http://www.kootenaysilver.com/s/NewsReleases.asp?ReportID=538877&_Type=News-Releases

There is a whole lot more info in there, but I pull this forward:

Promontorio updated NI 43-101 resource estimate. SRK Consulting Inc. is currently conducting the updated resource calculation for Promontorio. As a result of brief delays from Kootenay's recent core analysis and geologic interpretation of Promontorio's diatreme system, results from the SRK study are now expected to be completed in mid to late August 2012.

[wshaw14]

They are doing fine.

[basserdan]

Kootenay Silver Expects To Deliver A Significant Resource Upgrade At Promontorio Imminently

By Sally White
July 04, 2012

Kootenay Silver (TSXV: KTN; OTC:KOOYF) is about to make a quantum leap. The TSXV quoted explorer expects to have a new NI 43-101 compliant figure for its flagship Mexican project, Promontorio, imminently. The new resource will likely more than double the current 21 million ounce silver-equivalent resource.

“Within this resource update we may very well see numbers in the 40 million to 50 million-plus range”, says chairman Ken Berry.

In the medium to longer term, Ken says, he is targeting “100 million ounces-plus silver, with an equivalent lead-zinc component.”

Kootenay recently completed a two-staged programme on Promontorio that included 35,000 metres of drilling. “The programme was immensely successful”, says Ken, “consistently returning medium to high-grade results over widespread zones of silver mineralisation”.

In an inaugural note last year analysts at Union Securities forecast that the resource at Promontorio was likely to come in at at least 105.5 million silver equivalent ounces. “There could be further upside to our estimate”, added Union.

“These types of systems can typically be very large in size and can result in the discovery of numerous deposits. Examples of major deposits in Mexico associated with diatreme systems include the Pitarrilla silver-lead-zinc deposits in Durango and the Peñasquito silver-gold-lead-zinc mine located in northern-central Mexico,” Ken explains.

So how far away is production? The history of production at Promontorio is intermittent, although the first small underground operation, funded by JP Morgan, operated from the early 1900s to 1925.

Several attempts have been made in the intervening years, but none have been as serious as Kootenay’s plan. This has been to “drill, drill, drill”, and the result is that the resource update is right on schedule.

After it’s out, says Ken, the company will need to conduct scoping and baseline studies “in an effort to fast-track future mine permitting and development”.

Kootenay has already commissioned and completed an initial hydrologic study on the ground water resources on the project. This will form the basis for additional studies going forward in the longer term for prefeasibility level evaluation of mine water supply.

Included will be likely dewatering flow rates needed for potential open-pit and underground mining and mine water supplies.

Meanwhile, a detailed geotechnical logging programme has been designed by Saguaro Geosciences of Arizona that goes beyond the basic specific gravity and rock quality (RQD) data currently being recorded.

As things stand, there is enough money in the bank for the work that’s currently planned. Kootenay closed the half year at the end of March with working capital of C$4.2 million and with cash and cash equivalents of C$2.4 million, so it is funded for the immediate future, and has enough room for manoeuvre to be able to devote a little attention to its joint venture projects in Mexico and British Columbia.

The joint venture with Pinecrest Resources on the Espiritu Polymetallic vein/breccia property at Sonora in Mexico has recently been the subject of an encouraging update, when Kootenay announced initial phase one drill results from five diamond drill holes in this silver-rich mineralized area.

The highest individual section assayed one metre of 187 grams per tonne silver and 1.87% lead plus zinc. Pinecrest and Kootenay are now reviewing the technical data in order to work out what to do next.

But while Espiritu looks good, Ken emphasises that “the top priority at this time remains advancing Promontorio’s silver resource”. Kootenay’s share price has held up relatively well amidst the ongoing market uncertainty, and is currently trading around C.86 against the 12-month range of between C.76 and C$1.38.

However, the new resource figure at Promontorio should show that Kootenay has a very sizeable silver reserve which could make it into a potential mid-tier producer, and that could wake the market up pretty quickly.

http://minesite.com/news/kootenay-silver-expects-to-deliver-a-significant-resource-upgrade-at-promontorio-imminently

[wshaw14]

I-Box is updated.

[wshaw14]

I like the prospects, but not for the impatient IMHO.

[gharma]

Yea, that change slipped in a while back. Nice looking prospects here.

[wshaw14]

Wow, Woow, Kootney gold now Kootney silver> What ever will make us some money is fine with me.

[basserdan]

Kootenay Silver Announces Progress Update of New NI 43-101 Resource Calculation on Promontorio Silver Project.
Ongoing Metallurgical, Environmental Baseline and Geotechnical Studies Aimed at Fast-Tracking Development Process

Shares Outstanding: 48,378,850

VANCOUVER , May 17, 2012 /CNW/ - Kootenay Silver Inc. (TSX VENTURE:KTN.V; OTC:KOOYF) is pleased to provide a summary update with respect to its ongoing development activities at its flagship Promontorio Silver Project in Sonora, Mexico .

Updated NI 43-101 Resource Calculation

Kootenay is pleased to report SRK Consulting (U.S.), Inc. of Lakewood, Colorado has been engaged to calculate an independent NI 43-101 compliant mineral resource on its Promontorio Silver Project. The compilation of drill results and geologic modeling for the updated resource calculation is well underway with completion expected by the end of June 2012 .

The updated resource calculation follows the recent completion of a highly successful, two staged drill program on the Promontorio project that included 25,000 meters of diamond drilling (core) and 10,000 meters of reverse circulation drilling (RC).

A total of 35,000 meters of drilling has been conducted since the first resource calculation was reported in 2010. The objective of the recent in-fill drill and resource definition program was to substantially increase the size of Promontorio's current contained silver resource.

Metallurgical Testing

G&T Metallurgical Services Ltd. of Kamloops, B.C. has been contracted to conduct additional metallurgical work on Promontorio mineralization and is working on three additional bulk samples with final results expected in the next few weeks. One sample is from the Southwest Zone, one from shallow in the Pit Resource and one from the Northeast Zone. Work underway includes rougher, cleaner and locked cycle tests. Additionally acid base accounting of mineralized and wall rock is being conducted along with a gold deportment study to determine if the significant gold content of the deposit, which is not yet factored into any of the Company's resource calculations, can be extracted economically. (underlined for emphasis)

The first metallurgical testing reported in 2009 was very positive showing 82% of the silver reporting to the lead concentrate and a further 7% to the zinc concentrate with 85% of the lead recovered to the lead concentrate and 91% of the zinc to the zinc concentrate.

Ongoing Baseline and Scoping Studies

Hatch Engineering of Scottsdale , Arizona completed initial hydrologic studies designed to characterize the ground water resources on the project and develop a conceptual hydrogeologic model. This information will form the basis for additional studies going forward in the longer term for prefeasibility level evaluation of mine water supply, including potential dewatering flow rates needed for potential open-pit and underground mining and mine water supplies.

Saguaro Geosciences Inc. of Tucson , Arizona designed a detailed geotechnical logging program that goes beyond the basic specific gravity and RQD data currently being recorded. The geotechnical program will collect all the necessary data appropriate to future geotechnical analysis required for feasibility level work.

In other activities, preliminary environmental baseline studies conducted by independent consulting engineer Patricia Aguayo Hurtado, cataloguing the flora and fauna of the area are now complete.

Silver Hosted in Large Diatreme Complex

The recent definitive recognition by Kootenay's technical team that Promontorio silver mineralization is hosted in a large diatreme complex has significant geologic implication, as these types of systems can typically be very large in size and result in discovery of numerous deposits. Examples in Mexico include the Pitarrilla Silver-Lead-Zinc deposits in Durango and the Peñasquito Silver-Gold-Lead-Zinc mine located in the northeast of the State of Zacatecas in north-central Mexico .

At present, silver mineralization remains open in both strike directions and down dip within Promontorio's Diatreme complex, between the Pit, Southwest Extension and Northeast Zones. The Company reports it has identified a host of new prospective targets within the Diatreme complex, that require further drill testing. Accordingly, the Company reports plans are underway to conduct a large follow up drill program after the release of the NI 43-101 resource update.

The foregoing technical disclosure in this release has been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.

ABOUT KOOTENAY

Kootenay Silver is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada . The Company's flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico . The Company's objective is to develop near term discoveries and long-term sustainable growth. Kootenay's management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution. Visit us at our website: http://www.kootenaysilver.com/

http://finance.yahoo.com/news/kootenay-announces-progress-ni-43-131700317.html

[basserdan]

Kootenay Hits 18 Meters of 254 gpt Silver Eqv Within 89 Meters of 84 gpt Silver Eqv

(*Includes 120 gpt Silver and 3.1% Pb+Zn and 41 gpt Silver and 1.01%Pb+Zn)

Shares Outstanding: 48,378,850

VANCOUVER, April 25, 2012 /PRNewswire/ - Kootenay Silver Inc. (TSX VENTURE: KTN.V; OTC:KOOYF) is pleased to announce results from an additional 10 holes from its current 25,000 meter drill program on its Promontorio Silver Project in Sonora, Mexico. The Company reports the two-phase 35,000 meter in-fill drill and resource definition program, comprised of 25,000 meters of core drilling and 10,000 meters of RC drilling is now complete. Work on an independent NI 43-101 resource update to incorporate results from drilling is underway.

States Kootenay CEO James McDonald
"The high-grade results achieved from step-out drilling in the Northeast Zone is further testimony to the success of our multi-phase drill program. Since confirming our initial NI 43-101 silver resource in 2010, we established one continuous zone of silver mineralization from the Pit (Discovery) Zone through the Southwest Zone. This zone remains open to the east, west and to depth. We continue to encounter high-grade silver intercepts over widespread areas of silver mineralization in the Northeast Zone, some 700 meters outside of the current NI 43-101 resource. We expect these developments will play a critical factor in sharply boosting the size of our existing silver resource as we prepare for our updated independent NI 43-101 resource study."

Silver Hosted in Large Diatreme Complex
The recent definitive recognition that Promontorio silver mineralization is hosted in a large diatreme complex has significant geologic implication, as these types of systems can typically be very large in size and result in discovery of numerous deposits. Examples in Mexico include the Pitarrilla Silver-Lead-Zinc deposits in Durango and the Pe?asquito Silver-Gold-Lead-Zinc mine located in the northeast of the State of Zacatecas in north-central Mexico.

Mineralization Remains Open on Strike and Down Dip
At present, silver mineralization remains open in both strike directions and down dip within Promontorio's Diatreme complex, between the Pit, Southwest Extension and Northeast Zones. The Company reports it has identified a host of new prospective targets within the Diatreme complex, that require further drill testing. Accordingly, the Company reports plans are underway to conduct a large follow up drill program after the release of the NI 43-101 resource update.

Table of the full results follows:

Hole ID  Target  From(m)  To(m)  Interval(m)  *AgEq(gpt)  Ag (gpt)  Pb(%)  Zn(%)  Pb+Zn(%)   
 DH-111-12  NE Zone  6.00  8.00  2  73  9  1.43  0.01  1.44   
 DH-111-12  NE Zone  172.00  174.00  2  261  86  0.97  3.19  4.15   
 DH-111-12  NE Zone  181.00  182.00  1  186  119  0.59  0.99  1.58   
 DH-112-12  Pit SW Extension  33.00  36.00  3  283  218  0.67  0.84  1.51   
 DH-112-12  Pit SW Extension  263.00  269.00  6  26  10  0.15  0.23  0.38   
 DH-113-12  NE Zone  121.00  122.00  1  99  89  0.10  0.13  0.23   
 DH-114-12  Pit SW Extension  88.00  91.00  3  64  53  0.06  0.19  0.24   
 DH-115-12  NE of Pit  123.00  135.00  12  43  31  0.13  0.15  0.28   
 including  NE of Pit  123.00  126.00  3  112  77  0.44  0.37  0.81   
 DH-115-12  NE of Pit  263.00  264.00  1  151  73  0.77  1.07  1.84   
 DH-115-12  NE of Pit  273.00  275.00  2  95  35  0.59  0.81  1.40   
 DH-115-12  NE of Pit  374.00  379.00  5  37  30  0.05  0.11  0.16   
 DH-116-12  NE Zone  284.00  373.00  89  84  41  0.61  0.41  1.01   
 including  NE Zone  294.00  312.00  18  254  120  1.96  1.14  3.10   
 including  NE Zone  310.00  312.00  2  579  272  4.27  2.84  7.11   
 DH-117-12  NE of Pit  29.00  33.00  4  102  32  0.79  0.85  1.63   
 DH-117-12  NE of Pit  151.00  165.00  14  113  34  0.74  1.10  1.84   
 including  NE of Pit  163.00  165.00  2  357  87  2.07  4.29  6.36   
 DH-117-12  NE of Pit  201.00  209.00  8  31  14  0.16  0.24  0.41   
 DH-118-12  NE of Pit  101.00  103.00  2  135  94  0.32  0.65  0.96   
 DH-118-12  NE of Pit  259.00  269.00  10  158  99  0.70  0.67  1.38   
 including  NE of Pit  267.00  269.00  2  345  218  1.33  1.65  2.97   
 DH-119-12  NE Zone  127.00  129.00  2  79  11  0.68  0.90  1.58   
 DH-119-12  NE Zone  220.00  222.00  2  59  58  0.02  0.01  0.03   
 DH-119-12  NE Zone  254.00  256.00  2  70  26  0.50  0.53  1.03   
 DH-119-12  NE Zone  271.00  287.00  16  34  12  0.22  0.29  0.51   
 DH-119-12  NE Zone  331.00  363.00  32  44  18  0.32  0.28  0.60   
 including  NE Zone  352.00  360.00  8  69  32  0.41  0.44  0.85   
 DH-120-12  NE of Pit  162.00  171.00  9  100  35  0.66  0.86  1.52   
 including  NE of Pit  162.00  166.00  4  188  65  1.23  1.66  2.89

*Assuming 100% Metallurgical Recovery
*Prices used in Silver Equivalent
(AgEq) Calculations:
Ag dollars/oz 15
Zn dollars/lb 0.91
Pb dollars/lb 0.97

North East Zone
DH 116
•Eastern most intercept to date
•May be up dip extension of mineralization 110 and 232 meters deeper in KP 39

DH 111
•Up dip of DH 74 and 75, 35 to 108 meters respectively

DH 113
•Up dip of DH 85, 86 and 66

DH 119
•50 meters down dip of DH 69
•Shows zone is open to depth

NE Pit Extension
DH 115
•35 meters down dip of PC 16
•shows potential opening of mineralization to the north

DH 117
•On section with DH 77, PC 48 and KP 32

DH 118
•83 meters up dip of PC 18 intercept.

DH 120
•123 meters up dip of DH 109

Southwest Extension
DH 112
•Up dip of DH 106
•Testing south edge of diatreme breccia

DH 114
•Testing south edge of diatreme breccia

The recently completed 25,000 meter in-fill drilling and resource definition program represents the single largest and most expansive drilling campaigns conducted by Kootenay on the Promontorio Silver project to date.

The foregoing technical disclosure in this release has been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay. Website: http://www.kootenaysilver.com/

ABOUT KOOTENAY
Kootenay Silver is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company's flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. The Company's objective is to develop near term discoveries and long-term sustainable growth. Kootenay's management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.

http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8489419

[basserdan]

Kootenay Silver starts phase I drilling at Espiritu JV project

2012-04-18 07:08 ET
Also NR Pinecrest Resources Ltd

Mr. James McDonald of Kootenay reports

KOOTENAY ANNOUNCES PINECREST INITIATES PHASE 1 DRILLING PROGRAM ON THE ESPIRITU POLYMETALLIC VEIN/BRECCIA PROPERTY, SONORA, MEXICO

Under a joint venture agreement, Pinecrest Resources Ltd. (PCR.V) has commenced a phase I drilling program on Kootenay Silver Inc.'s (KTN.V ~ KOOYF) Espiritu gold/silver polymetallic project in Sonora, Mexico. The phase I drill program will comprise 500 metres of core drilling to test two silver/gold polymetallic mineralized zones outlined during the phase I exploration prospecting, mapping and soil sampling program. Pursuant to the terms of an option agreement with Kootenay, Pinecrest can earn a 50-per-cent interest in the Espiritu project by spending $1.0-million on exploration over a four-year period and by issuing up to 750,000 common shares of Pinecrest to Kootenay over three years. Pinecrest is the operator on the project.

Two drill holes will be collared on the Road Show zone to test a 500-metre by 500-metre target characterized by the presence of silver/gold/lead/zinc/copper mineralization as replacement, breccia, vein and stockwork zones associated with ferrodolomite-ankerite and manganese alteration hosted in limestone/rhyolite dikes. From 54 prospector samples collected during phase I exploration, silver values include: 1,230 grams per tonne, 1,140 gpt, 775 gpt, 353 gpt, 434 gpt, 336 gpt, 527 gpt, 277 gpt, 217 gpt and 736 gpt, and gold values include 3.66 gpt, 1.6 gpt, 3.39 gpt, 1.51 gpt, 2.9 gpt, 2.1 gpt and 4.5 gpt associated with highly anomalous lead, zinc, mercury and manganese. This style of mineralization is similar to many limestone-hosted replacement deposits of the Mesa Central district of Mexico that include the Naica and Santa Eulalia silver mines.

Two holes will test the Au/Ag veins and stockwork mineralization in the Molinos zone which is located approximately 2.0 kilometres southeast of the Road Show zone. Mineralization in the Molinos zone is hosted as veins and stockwork within an easterly trending granitic plug and along its immediate contacts. From 31 prospector samples collected during the phase I exploration, silver values include 1,380 gpt, 1,350 gpt, 1,231 gpt, 541 gpt, 504 gpt, 841 gpt and 216 gpt silver with 0.97 gpt gold.

Mineralization is associated with highly anomalous copper, lead, zinc and antimony with elevated molybdenum, tungsten and mercury. A 500 m by 1,000 m soil survey completed over the Molinos zone outlined a broad zone of highly anomalous gold, silver, lead, zinc mineralization: with gold values of 406 ppb, 348 ppb, 361 ppb, 185 ppb, 140 ppb, 111 ppb and 106 ppb, and silver values of 72 gpt, 55 gpt, 53 gpt, 50 gpt, 22 gpt and 21 gpt noted in soils.

The Molinos zone is interpreted to represent the deeper zones of mineralization associated with high temperature carbonate-hosted replacement (CRD) deposits. This level of mineralization is commonly associated with porphyry, skarn and chimney/manto styles of mineralization, and is suggestive of a continuum of mineralization between the Road Show into the Molinos zone.
/FONT>

In addition to the reconnaissance drill program, trenching will be conducted in other areas of mineralization in addition to the Road Show and Molinos targets. Trenching on the Old Mines/Pediment zone, located approximately two to three kilometres north of the Road Show, will be designed to investigate areas of limestone breccia mineralization where prospecting has obtained silver values of 1,160 gpt, 348 gpt, 141 gpt and 140 gpt silver, and of 2.0 gpt, 1.29 gpt and 0.57 gpt gold.

The foregoing technical disclosure in this release has been reviewed and verified by Kootenay's chief executive officer, James McDonald, PGeo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.
Website: http://www.kootenaysilver.com/

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:KTN-1947999&symbol=KTN&news_region=C

[wshaw14]

Just checking in. No change as far as I can see.

[wshaw14]

Nothing happening it seems. Takes time.

[wshaw14]

This one looks like it will linger to the .625 range if no support is offered. Relatively un-known and seems no attempt to support by management. I however believe this one long term to be a winner.

[basserdan]

Kootenay Announces Name Change to Kootenay Silver Inc. As High-grade Silver Results Signal New Era at Promontorio

Shares Outstanding: 44,373,100

VANCOUVER, Feb. 6, 2012 /CNW/ - Kootenay Gold Inc. (TSX VENTURE:KTN.V; OTC:KOOYF) is pleased to announce name change to Kootenay Silver Inc. as Company reports 25,000 meter in-fill drill and resource definition program nears completion on Promontorio Silver Project in Sonora, Mexico.

States Kootenay CEO James McDonald "The name change to Kootenay Silver better reflects our core focus on developing our flagship Promontorio Silver project. It also coincides with all the high-grade results we have achieved from drilling on Promontorio over the past year. Within this 1st quarter we will have completed over 35,000 meters of drilling since our initial resource calculation. We look forward to incorporating these numerous high-grade results into an updated NI 43-101 resource calculation at the conclusion of the current program."

Previous Announced High-Grade Results From Drilling on Promontorio

Drill Hole Intervals Above 450 g/t (15oz) Silver eq      
 1)Drill Hole  
 2)Interval (m)       
 3)*AgEq (Ag,Pb,Zn)g/t   
 4)Ag (g/t)   
 5)Pb+Zn %   
 6)Not Yet Incorporated in 43-101   
 7)Date Released                                        
                                            
     1)      2)     3)      4)    5)   6)      7)    
 DH-086-11  1.00  1519.5  699.0  19.1  v  NEWS-06/12/11   
 KP-15-07   1.20  1487.6  942.1  12.7  v  NEWS-22/07/08   
 KP-64-09   3.00  1425.5  551.0  20.3  v  NEWS-14/01/07   
 DH-110-11 27.00   678.6  351.5   7.7  v  NEWS-02/01/11   
 Including  4.50  1145.5  645.7  11.7  v  NEWS-02/01/11   
 KP-09-07   6.70  1008.0  671.2   7.9     NEWS-22/07/08   
 PC-004-10  3.00   930.9  819.5   2.6  v  NEWS-30/11/10   
 KP-47-08   2.00   855.1  687.1   3.9  v  NEWS-09/01/09   
 KP-25-08   7.85   773.6  335.4  10.1     NEWS-22/07/08   
 DH-088-11 16.00   705.7  369.9   7.8  v  NEWS-17/01/11   
 DH-057-11  5.00   679.7  486.4   4.5  v  NEWS-15/09/11   
 DH-106-11  4.00   678.3  535.3   3.3  v  NEWS-01/02/11   
 DH-066-11  6.00   666.8  357.2   7.2  v  NEWS-03/10/11   
 KP-06-07   4.06   666.5  492.7   4.1     NEWS-22/07/08    
 KP-06-07   5.99   660.5  462.3   4.6     NEWS-22/07/08    
 DH-066-11  6.00   654.8  276.5   8.9  v  NEWS-03/10/11   
 KP-81-10   4.50   488.5  364.0   2.9  v  NEWS-12/05/11    
        
 Selected Drill Hole Intervals Over 90 M 
 1)Drill Hole  
 2)Interval (m)       
 3)*AgEq (Ag,Pb,Zn)g/t   
 4)Ag (g/t)   
 5)Pb+Zn %   
 6)Not Yet Incorporated in 43-101   
 7)Date Released 
   
     1)      2)     3)     4)   5)   6)      7) 
 DH-056-11 251.00  116.1  47.4  1.6  v  NEWS-23/08/11   
 including  66.00  185.7  76.6  2.5  v  NEWS-23/08/11   
 DH-053-11 234.00  146.0  57.6  2.1  v  NEWS-03/05/11   
 including  70.00  236.3  91.4  3.4  v  NEWS-03/05/11   
 DH-058-11 205.00  116.9  48.9  1.6  v  NEWS-23/10/11   
 including  48.00  152.4  62.4  2.1  v  NEWS-23/10/11   
 including  50.00  168.6  73.6  2.2  v  NEWS-23/10/11   
 KP-25-08  190.93  196.3  79.9  2.7     NEWS-22/07/08   
 Including  95.54  244.4 101.8  3.3     NEWS-22/07/08   
 KP-23-08  189.92  138.6  52.3  2.0     NEWS-22/07/08   
 KP-20-07  166.57  146.7  50.5  2.2     NEWS-22/07/08   
 Including  86.70  181.4  64.7  2.7     NEWS-22/07/08   
 KP-22-07  157.65  119.5  48.9  1.7     NEWS-22/07/08   
 DH-068-11 149.00  145.7  59.9  2.0  v  NEWS-03/10/11   
 KP-33-08  131.36   98.4  42.2  1.3     NEWS-22/07/08   
 Including  99.65  124.0  52.8  1.7     NEWS-22/07/08   
 DH-079-11 120.00  164.2  68.1  2.2  v  NEWS-06/12/11   
 PC-002-10 120.00  100.7  42.1  1.4  v  NEWS-10/10/10   
 KP-44-08  119.00  142.2  52.3  2.1     NEWS-09/01/09   
 DH-082-11 109.00  114.9  40.3  1.7  v  NEWS-17/01/11   
 DH-097-11 104.00  106.8  47.3  1.4  v  NEWS-17/01/11   
 KP-26-08  101.65  132.9  53.0  1.9     NEWS-22/07/08   
 KP-35-08   97.40  145.4  50.8  2.2  v  NEWS-22/07/08   
 DH-061-11  96.00  182.5  71.8  2.6  v  NEWS-03/10/11   
 DH-072-11  96.00  107.5  42.0  1.5  v  NEWS-06/12/11   
 DH-080-11  95.00  145.8  51.0  2.2  v  NEWS-17/01/11   
 DH-062-11  92.00  147.0  56.4  2.1  v  NEWS-15/09/11

*Assuming 100% Metallurgical Recovery
*Prices used in Silver Equivalent (AgEq) Calculations:
Ag dollars/oz;
Zn dollars/lb
Pb dollars/lb

Drilling has encountered consistent, widespread silver mineralization and multiple high-grade silver intercepts in the Pit Resource, the Southwest Extension Zone, and Northeast Zone, which sits 700 meters outside of the current 43-101 Pit Resource. To view map and drill results visit: http://www.kootenaygold.ca/s/DrillResults.asp

The current 25,000 meter in-fill drilling and resource definition program represents the single largest and most expansive drilling campaigns conducted by Kootenay on the Promontorio Silver project to date.

QA/QC

All holes reported here were drilled with HQ sized diamond drill core with some sections reduced down to NQ sized core. Core samples were cut using a core saw with 1 to 2 meter long sample intervals. All mineralized intercepts are drill core length drilled across a vertically inclined breccia system at angles of 45 to 70 degrees. Dimensions of the breccia system are being determined. The current resource sits approximately along 140 meters of strike by 60 meters of horizontal width in a range of 20 to 90 meters and to a 400 meter depth. Further Quality Assurance and Control procedures are disclosed on the Kootenay Gold Inc. website.

The foregoing geological disclosure has also been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.

SUBJECT TO REGULATORY APPROVAL

The Company has made application to the TSX V to change its name from Kootenay Gold Inc. to Kootenay Silver Inc. Management feels the name change is necessary to better reflect the core focus of the Company, which is to develop a substantial silver resource on its flagship Promontorio Silver Project in Sonora, Mexico. The proposed name change is subject to the acceptance of the TSXV and the registrar of companies and is therefore by no way confirmed until the Company received approval from the regulatory authorities.

ABOUT KOOTENAY

Kootenay Gold is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company's flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. The Company's objective is to develop near term discoveries and long term sustainable growth. Kootenay's management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.
Website: http://www.kootenaygold.ca


Contacts:

James McDonald
CEO and President
at 403-238-6986

Ken Berry
Chairman
at 604-601-5652
1-888-601-5650
or visit: http://www.kootenaygold.ca

http://finance.yahoo.com/news/Kootenay-Announces-Name-cnw-255290972.html?x=0

[basserdan]

Kootenay Gold Hits 873 gpt Silver Eqv Over 18 Meters in NE Zone (471 gpt Ag, 9.42% Pb+Zn) and 150 gpt Silver Eqv Over 17 Meters in SW Zone (118 gpt Ag, 0.76% Pb+Zn) as Promontorio Drilling Continues to Produce High-Grade Silver Results Within 1km Mineralized System

VANCOUVER, British Columbia, F
February 1, 2012 /PRNewswire/ --

Shares Outstanding: 45,448,850

Kootenay Gold Inc. (TSX VENTURE: KTN.V; OTC: KOOYF) is pleased to announce assay results from an additional 6 drill holes from its 25,000 meter, ongoing, multi-phase, step out drill and resource definition program on its Promontorio Silver Project in Sonora, Mexico.

The Company reports the multi-rig diamond drilling program continues to yield high-grade results, while demonstrating continuity of silver mineralization in the top priority Southwest and Northeast zones across the property's central 1km mineralized corridor.

The strike continuity of silver mineralization in the Southwest Zone connecting to the NI 43-101 Pit Resource currently measures 140 meters to 300 meters. In the Northeast Zone, which sits 700 meters outside of the current NI 43-101 Pit Resource, mineralization along strike now extends approximately 210 meters.

States Kootenay CEO James McDonald "We continue to encounter multiple high-grade silver intercepts in the Northeast Zone and the Southwest Zone which once again underscores the strength and large upside potential of Promontorio'sdiatreme breccia hosted mineral system. We could not be more enthused and optimistic with results from the current multi-phase program. Approximately 4000 meters of drilling remain to be completed in the 25,000 meter drill program, following which time geologic modeling and a NI 43-101 resource update will be completed."

To view map of drill hole locations please visit:
http://www.kootenaygold.ca/i/projects/Promontorio/drillresultsmap.pdf

Highlights from the Northeast (NE) Zone include:

DH 110 in the Northeast Zone hits 18 meters of 873 pgt Silver Equivalent(471 gpt Ag, 9.42% Pb+Zn) within 71 meters of 297 Silver Equivalent (149 gpt Ag, 3.46% Pb+Zn)

The high-grade intercept in DH 110 included 4.5 meters of 1146 gpt Silver Equivalent(646 gpt Ag, 11.67% Pb+Zn) and a separate 4 meter interval of 1060 gpt Silver Equivalent(667 gpt Ag, 9.21% Pb+Zn)

Highlights in the Southwest Zone include:

DH 106 hits 678 gpt Silver Equivalent over 4 meters (535 gpt Ag, 3.29% Pb+Zn)
DH 105 hits 17 meters of 150 gpt Silver Equivalent (118 gpt Ag, 0.76% Pb+Zn)

In the Southwest Zone DH 105 included two higher grade intervals of 392 gpt Silver Equivalent (310 gpt Ag, 1.91% Pb+Zn) over 4 meters and 350 gpt Silver Equivalent (287 gpt Ag and 1.48% Pb+Zn) over 2 meters

                                From    To   Interval   *AgEq     Ag    Pb   Zn  Pb+Zn 
                                                       (Ag,Pb,Zn) 
   
      Hole ID       Target       (m)    (m)     (m)      (gpt)    (gpt) (%)  (%)    (%) 
     DH-105-11 Pit SW Extension 91.00  108.00    17       150      118  0.39 0.37  0.76 
     including Pit SW Extension 97.00  99.00     2        350      287  0.82 0.65  1.48 
     including Pit SW Extension 103.00 107.00    4        392      310  0.97 0.94  1.91 
   
     DH-106-11 Pit SW Extension 52.00  56.00     4        678      535  2.22 1.07  3.29 
   
     DH-107-11    NE of Pit     273.00 315.00    42        47      20   0.33 0.32  0.65 
     DH-107-11    NE of Pit     323.00 372.00    49        62      24   0.39 0.50  0.89 
     including    NE of Pit     325.00 345.00    20        90      34   0.51 0.82  1.33 
   
     DH-109-11    NE of Pit     254.00 338.00    84        61      26   0.42 0.40  0.82 
     including    NE of Pit     254.00 264.00    10       148      68   1.04 0.81  1.85 
   
     DH-110-11     NE Zone      96.00  167.00    71       297      149  1.41 2.05  3.46 
     including     NE Zone      102.00 129.00    27       679      352  3.19 4.47  7.65 
     including     NE Zone      102.00 120.00    18       873      471  3.74 5.68  9.42 
     including     NE Zone      103.50 108.00   4.5       1146     646  5.29 6.37 11.67 
     including     NE Zone      111.00 115.00    4        1060     667  3.67 5.54  9.21

*Assuming 100% Metallurgical Recovery
*Prices used in Silver Equivalent (AgEq)
Calculations:
Ag dollars/oz 15
Zn dollars/lb 0.91
Pb dollars/lb 0.97

Northeast Zone

DH 110
High grade intercept 55 meters up dip of DH 70 which hit 54 meters of 197 gpt Ag Equivalent (92 gpt Ag, 2.47% Pb+Zn) including 16 meters of 492 gpt Ag Equivalent (203 gpt Ag, 6.81% Pb+Zn)

About 35 meters on strike of high grade previously released hole DH 88 with 16 meters of 706 gpt Ag Equivalent (370 gpt Ag, 7.79% Pb+Zn)

DH 108
No significant results
Drilled 48 meters up dip of previously released DH 95 and 75 meters up dip of high grade DH 88

Southwest Zone

DH 105 and 106 both hitting high grade with DH 106 40 meters up dip of DH 105
About 134 meters southwest of Pit Resource boundary
Drilled on section with previously announced DH 91 and DH 102 with DH 106 being 85 meters up dip of DH 102 and 210 meters up dip of DH 91

DH 91 hit 86 meters of 57 gpt Ag Equivalent (23 gpt Ag, 0.81% Pb+Zn) including 9 meters of 162 gpt Ag Equivalent (67 gpt Ag, 2.19% Pb+Zn)

DH 102 hit 12 meters of 35 gpt Ag Equivalent (12 gpt Ag, 0.54% Pb+Zn) and 2 meters of 318 gpt Ag Equivalent (223 gpt Ag, 2.21% Pb+Zn)

Pit Northeast Extension

DH 109
On section with PC 52
About 40 meters northeast of Pit Resource

DH 107
Hole deviated to the southwest transversing section about 12 meters down dip of previously released DH 77

The current 25,000 meter in-fill drilling and resource definition program represents the single largest and most expansive drilling campaigns conducted by Kootenay on the Promontorio Silver project to date.

Upcoming drilling will continue to focus on step out and in-fill drilling off setting the numerous silver intercepts concentrated along a 1.0 kilometer long mineralized corridor that includes the Pit Resource, Pit NE Zone, Northeast Zone and Southwest Zone.

QA/QC

All holes reported here were drilled with HQ sized diamond drill core with some sections reduced down to NQ sized core. Core samples were cut using a core saw with 1 to 2 meter long sample intervals. All mineralized intercepts are drill core length drilled across a vertically inclined breccia system at angles of 45 to 70 degrees. Dimensions of the breccia system are being determined. The current resource sits approximately along 140 meters of strike by 60 meters of horizontal width in a range of 20 to 90 meters and to a 400 meter depth. Further Quality Assurance and Control procedures are disclosed on the Kootenay Gold Inc. website.

The foregoing geological disclosure has also been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.

ABOUT KOOTENAY

Kootenay Gold is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company's flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. The Company's objective is to develop near term discoveries and long-term sustainable growth. Kootenay's management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal

2012 number 3

For further information:

James McDonald,
CEO and President
at 403-238-6986

Ken Berry,
Chairman
at 604-601-5652; 1-888-601-5650,

[e-mail]
http://www.kootenaygold.ca

http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8413794

[wshaw14]

This is all good. Why is the market not following? This one is and has been amazing. I have always been against pumping but maybe this one needs some awareness. Kootney is good.

[basserdan]

Kootenay Gold Drills 120 Meters Grading 164 gpt Silver Equivalent (68 gpt Ag and 2.24% Pb+Zn) Including High-Grade Intervals of 31 Meters of 292 gpt Silver Equivalent (118 gpt Ag and 4.06 Pb+Zn) and 13 Meters of 362 gpt Silver Equivalent (149 gpt Ag and 4.96% Pb+Zn)

Shares Outstanding: 45,415,100

VANCOUVER , Dec. 6, 2011 /CNW/ - Kootenay Gold Inc. (TSX VENTURE: KTN.V; OTC:KOOYF) is pleased to announce assay results from an additional five drill holes from its 25,000 meter, ongoing, multi-phase, in-fill drill and resource definition program on its Promontorio Silver Project in Sonora, Mexico .

Drill holes DH 79 and 77 are from the Southwest and Pit NE extension areas respectively and DH 75, 85 and 86 are from the Northeast Zone.

All five drill holes encountered consistent, widespread silver mineralization and multiple high-grade silver intercepts in Promontorio's Southwest Extension Zone, and Northeast Zone, which sits 700 meters outside of the current 43-101 Pit Resource. (To view map please visit: http://www.kootenaygold.ca/i/projects/Promontorio/drillresultsmap.pdf)

States Kootenay CEO James McDonald "We are very pleased and excited with results from the current five holes of our 25,000 meter drill program. We are consistently hitting excellent grades of silver mineralization in both the Southwest Zone, extending from the Pit Resource, and in the emerging Northeast Zone, which sits 700 meters outside of the 43-101 Pit Resource".

"Hole DH 79 underlines the high-grade silver potential that exists within the system. The high-grade results that we continue to achieve across Promontorio's 1.0 kilometer long mineralized corridor will play a major factor in building and adding to the overall volume of contained silver ounces in the resource as we move toward a future updated 43-101 Resource Estimate" Adds McDonald.

The current 25,000 meter in-fill drilling and resource definition program represents the single largest and most expansive drilling campaigns conducted by Kootenay on the Promontorio Silver project to date.

Upcoming drilling will continue to focus on step out and in-fill drilling off setting the numerous silver intercepts concentrated along a 1.0 kilometer long mineralized corridor that includes the Pit Resource, Pit NE Zone, Northeast Zone and Southwest Zone.

Table of the full results follows:

                         From    To   Interval   *AgEq.    Ag    Pb   Zn  Pb+Zn 
                                                (Ag,Pb,Zn) 
      Hole ID   Target    (m)    (m)     (m)      (gpt)    (gpt) (%)  (%)   (%) 
     DH-075-11 NE Zone   184.00 194.00    10        55        45 0.10 0.13  0.23 
     DH-075-11 NE Zone   241.00 250.00    9        233       109 1.33 1.57  2.90 
     DH-075-11 NE Zone   286.00 328.00    42        50        25 0.30 0.29  0.59 
     including NE Zone   310.00 314.00    4        140        67 0.91 0.78  1.69 
   
     DH-077-11 NE of Pit 218.00 315.00    97        76        31 0.51 0.53  1.04 
     including NE of Pit 253.00 269.00    16       118        47 0.74 0.91  1.65 
     including NE of Pit 296.00 309.00    13       155        64 1.06 1.06  2.11 
     DH-077-11 NE of Pit 326.00 373.00    47        81        33 0.57 0.54  1.11 
     including NE of Pit 331.00 338.00    7        161        60 1.17 1.18  2.35 
   
               Pit SW 
     DH-079-11 Extension 154.00 170.00    16        49        19 0.29 0.41  0.70 
               Pit SW 
     DH-079-11 Extension 178.00 182.00    4         44        19 0.33 0.25  0.58 
               Pit SW 
     DH-079-11 Extension 199.00 238.00    39        66        28 0.40 0.48  0.88 
               Pit SW 
     including Extension 220.00 228.00    8        147        63 0.97 0.99  1.96 
               Pit SW 
     DH-079-11 Extension 271.00 391.00   120       164        68 1.09 1.14  2.24 
               Pit SW 
     including Extension 289.00 320.00    31       292       118 1.97 2.09  4.06 
               Pit SW 
     including Extension 306.00 319.00    13       362       149 2.49 2.47  4.96 
               Pit SW 
     including Extension 327.00 357.00    30       212        93 1.38 1.39  2.76 
   
     DH-085-11 NE Zone   135.00 159.00    24       107        46 0.51 0.94  1.45 
     including NE Zone   138.00 145.00    7        149        64 0.76 1.23  1.99 
     including NE Zone   153.00 158.00    5        221        86 1.11 2.06  3.17 
     DH-085-11 NE Zone   168.00 171.00    3        117        49 0.84 0.74  1.58 
   
     DH-086-11 NE Zone   146.00 147.00    1         62        47 0.14 0.22  0.36 
     DH-086-11 NE Zone   153.00 155.00    2         79        69 0.08 0.15  0.23 
     DH-086-11 NE Zone   188.00 189.00    1        1520      699 9.46 9.64 19.10

*Assuming 100% Metallurgical Recovery
*Prices used in Silver Equivalent (AgEq.) Calculations:
Ag dollars/oz 15.00
Zn dollars/lb 0.91
Pb dollars/lb 0.97

DH 79 returned 120 meters grading 164 gpt Silver Equivalent (68 gpt Ag and 2.24% Pb+Zn) with three high grade intervals of 31 meters of 292 gpt Silver Equivalent (118 gpt Ag and 4.06 Pb+Zn) including 13 meters of 362 gpt Silver Equivalent (149 gpt Ag and 4.96% Pb+Zn) and 30 meters of 212 gpt Silver Equivalent (93 gpt Ag and 2.76% Pb+Zn).
•Drilled in Southwest Zone
•DH 79 is about a 50 meter down dip step out of DH 68 with 149 meters of 146 gpt Silver Equivalent including 50 meters of 227 gpt Silver Equivalent (60 Ag and 2.0 % Pb+Zn including 94 gpt Ag and 3.10% Pb+Zn)
•Also a 50 meter up dip step up of DH 80 with 95 meters of 146 gpt Silver Equivalent (51 gpt Ag and 2.21% Pb+Zn)
•Continues to show excellent high grade potential over significant widths within the larger mineralized system.

DH 77 returned two intervals, first 97 meters of 76 gpt Silver Equivalent (31 gpt Ag and 1.04% Pb+Zn) including 13 meters of 155 gpt Silver Equivalent (64 gpt Ag and 2.11% Pb+Zn) and second 47 meters of 81 gpt Silver Equivalent (33 gpt Ag and 1.11% Pb+Zn) including 7 meters of 161 gpt Silver Equivalent (60 gpt Ag and 2.35% Pb+Zn)
•A partial in-fill and step out hole in the Pit NE Zone designed to define mineralized contacts and expand mineralization
•Successfully expands mineralization 30 meters on hang wall side

Drill holes DH 75, 85 and 86 are from the Northeast Zone

DH 75 returned three intervals including 233 gpt silver Equivalent over 9 meters (109 gpt Ag and 2.9% Pb+Zn); 55 gpt Silver Equivalent over 10 meters (45 gpt Ag and 0.23% Pb+Zn) and 50 gpt Silver Equivalent over 42 meters (25 gpt Ag and 0.59% Pb+Zn) that includes 140 gpt Silver Equivalent over 4 meters (67 gpt Ag and 1.69% Pb+Zn)
•DH 75 extends mineralization down dip of DH 74 by 50 to 100 meters
•On same section with DH 74 which returned 263 Silver Equivalent over 12 meters (112 Ag and 3.54% Pb+Zn)

DH 85 returned 107 gpt Silver Equivalent over 24 meters (46 gpt Ag and 1.45% Pb+Zn) including 5 meters of 221 gpt Silver Equivalent (86gpt Ag and 3.17 % Pb+Zn) and 7 meters of 149 Silver Equivalent (64 gpt Ag and 1.99% Pb+Zn)
•Drilled on section with DH 65, 66 and 78

DH 86 returned 2 meters of 79 gpt Silver Equivalent (69 gpt Ag and 0.23% Pb+Zn) and 1 meter of 1,520 gpt Silver Equivalent (699 gpt Ag and 19.10% Pb+Zn)
•Drilled up dip of DH 85

QA/QC

All holes reported here were drilled with HQ sized diamond drill core with some sections reduced down to NQ sized core. Core samples were cut using a core saw with 1 to 2 meter long sample intervals. All mineralized intercepts are drill core length drilled across a vertically inclined breccia system at angles of 45 to 70 degrees. Dimensions of the breccia system are being determined. The current resource sits approximately along 140 meters of strike by 60 meters of horizontal width in a range of 20 to 90 meters and to a 400 meter depth. Further Quality Assurance and Control procedures are disclosed on the Kootenay Gold Inc. website.

The foregoing geological disclosure has also been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.

ABOUT KOOTENAY

Kootenay Gold is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada . The Company's flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico . The Company's objective is to develop near term discoveries and long term sustainable growth. Kootenay's management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.
Website: http://www.kootenaygold.ca


For further information:
James McDonald,
CEO and President
403-238-6986

Ken Berry,
Chairman
604-601-5652; 1-888-601-5650

http://finance.yahoo.com/news/Kootenay-Drills-120-Meters-cnw-3590721656.html?x=0

[basserdan]

Kootenay Gold Snapshot infographic detailing Kootenay’s management team, Promontorio property, 43-101 resource, and results sofar in 2011. (KTN.V ~ KOOYF)



Source: http://www.visualcapitalist.com/portfolio/kootenay-gold-company-snapshot

[wshaw14]

Not half bad. Wonder what it is going to take to bring this one to life? Just a matter of time I guess.

[wshaw14]

Wow, this one is doing no volume at all.

[basserdan]

Kootenay Gold's Promontorio Drilling Hits 83 meters of 166 gpt Silver Equivalent (58.2 Ag, 2.52% Pb +Zn) Including 329 gpt Silver Equivalent Over 6 Meters (111 gpt Ag, 5.11% Pb +Zn) in Step Out Drilling Extending 100 Meters Down Dip And Along Strike in Southwest Zone

Wednesday November 9, 2011, 11:34 am EST

Shares Outstanding: 45,013,100

VANCOUVER , Nov. 9, 2011 /CNW/ - Kootenay Gold Inc. (TSX VENTURE: KTN.V; OTC:KOOYF) is pleased to announce assay results from an additional seven holes of its ongoing 25,000 meter, multi-phase in-fill drill and resource definition program on its Promontorio Silver project in Sonora, Mexico .

Results to date demonstrate drilling has established continuity of silver mineralization between the Southwest expansion zone and the Pit Resource, extending a further 100 meters westward beyond current resource boundaries down dip and along strike. These two areas now represent one continuous mineralized zone for a minimum strike length of 240 meters, remaining open on strike and at depth.

States Kootenay President and CEO James McDonald "Results from the 25,000 meter program continue to meet or exceed our expectations. The establishment of continuity of silver mineralization between the Southwest Zone and the Pit Resource is a milestone development for Promontorio and will undoubtedly play a critical factor in our future resource expansion. Further supporting our resource growth initiatives, we continue to hit high silver grades in wide zones of hydrothermal breccia in the emerging Northeast Zone, which sits a full 700 meters outside of and on strike to the current 43-101 resource."

At present, three diamond drill rigs are currently operating on Promontorio with two stepping out in a systematic manner outside of the Pit Resource to the southwest and northeast. The third rig is working on stepping out from PC 28 in the Northeast Zone.

The current 25,000 meter in-fill drilling and resource definition program represents the single largest and most expansive drilling campaigns conducted by Kootenay on the Promontorio Silver project to date.

Upcoming drilling will continue to focus on step out and in-fill drilling off setting the numerous medium to high grade silver intercepts concentrated along a 1.0 kilometer long mineralized corridor that includes the Pit Resource, Pit NE Zone, Northeast Zone and Southwest Zone.

Highlights are as follows:

Southwest Zone

DH 80
• A big step out down dip returns 83 meters of 166.2 gpt Silver Equivalent (58.2 gpt Ag and 2.52% Pb+Zn)
• Includes 329 gpt Silver Equivalent (111 gpt Ag and 5.11% Pb+Zn) over 6 meters
• On section with DH 67* and 68* and 100 meters down dip of DH 68* that returned 149 meters of 146 Silver Equivalent (60 gpt Ag and 2.0% Pb+Zn)
• Hosted in hydrothermal breccia in intrusive host rock showing all rock types to be mineralized by a large hydrothermal breccia complex

DH 72
• Shows width increase and overall grade increase of 96 meters grading 108 gpt Silver Equivalent (42 gpt Ag and 1.53% Pb+Zn) down dip of DH 71
• Includes higher grades of 247 gpt Silver Equivalent over 7 meters (99 gpt Ag and 3.45% Pb+Zn)
• On section with DH 71* about 90 meters beyond the Pit Resource boundary in the Southwest Zone
• DH 72 and 71* show good correlation with holes D 67* and 68* where grades and widths also improve down dip
• Second deeper interval with 77 gpt Silver Equivalent over 61 meters (33 gpt Ag and 1.04% Pb+Zn)
• Includes 233 gpt Silver Equivalent (101 gpt Ag plus 3.09% Pb+Zn) over 7 meters

DH 73
• About 120 meters beyond Pit Resource in Southwest Zone
• First of a fence of holes with similar results to DH 71
• 4 mineralized composites in a 189 meter interval
• 66 meters grading 65 gpt Silver Equivalent (33 gpt Ag and 0.94% Pb+Zn) including 19 meters grading 100 gpt Silver Equivalent (36 gpt Ag and 1.51% Pb+Zn)

Pit Infill

DH 76
• An 88 meter intercept which bottomed in mineralization
• An infill hole testing the eastern extent of the Pit Resource that shows potential increase in width of mineralized zone
• 88 meters grading 73 gpt Silver Equivalent (28 gpt Ag and 1.03 % Pb+Zn)

Northeast Zone

DH 74
• More high grade with 263 gpt Silver Equivalent (112 gpt Ag and 3.54% Pb+Zn) over 12 meters
• Includes 562 gpt Silver Equivalent (227 gpt Ag and 7.85% Pb+Zn) over 5 meters
• 25 meter step out northeast along strike of section DH 65 ,66 and 78 where DH 66 hit 39 meters of 309 gpt Silver Equivalent (128 gpt Ag and 4.25% Pb+Zn)

DH 78
• 135 meters of mineralization with 4 composited intercepts such as 50 meters of 61 gpt Silver Equivalent (26 gpt Ag and 0.82% Pb+Zn)
• Includes 102 gpt Silver Equivalent (46 gpt Ag and 1.30% Pb+Zn) over 13 meters
• Ranges from 30 to 80 meters down dip of high grade hole DH 66

* See 25,000 meter highlights below - Previously released holes include DH 65, 66, 67, 68, 71.

Visit http://www.kootenaygold.ca/s/DrillResults.asp for complete Drill Results and Map

The following table shows the full results:

                         From    To   Interval  *AgEq     Ag    Pb   Zn  Pb+Zn 
                                               (Ag,Pb,Zn) 
     Hole ID   Target     (m)    (m)     (m)     (gpt)   (gpt)  (%)  (%)  (%) 
               Pit SW 
     DH-072-11 Extension 162.00 258.00    96      108      42   0.71 0.82 1.53 
               Pit SW 
     including Extension 196.00 203.00    7       247      99   1.62 1.84 3.45 
               Pit SW 
     DH-072-11 Extension 283.00 344.00    61       77      33   0.52 0.52 1.04 
               Pit SW 
     including Extension 337.00 344.00    7       233      101  1.45 1.64 3.09 
   
               Pit SW 
     DH-073-11 Extension 184.00 250.00    66       65      24   0.42 0.52 0.94 
               Pit SW 
     including Extension 198.00 217.00    19      100      36   0.65 0.86 1.51 
               Pit SW 
     DH-073-11 Extension 271.00 288.00    17       64      29   0.38 0.44 0.81 
               Pit SW 
     DH-073-11 Extension 333.00 353.00    20       86      37   0.58 0.55 1.13 
   
     DH-074-11 NE Zone   153.00 165.00    12      263      112  1.34 2.20 3.54 
     including NE Zone   160.00 165.00    5       562      227  2.96 4.89 7.85 
   
               Pit 
     DH-076-11 Infill    236.00 324.00    88       73      28   0.51 0.53 1.03 
   
     DH-078-11 NE Zone   187.00 196.00    9        66      17   0.94 0.16 1.11 
     DH-078-11 NE Zone   217.00 248.00    31       44      23   0.22 0.26 0.48 
     DH-078-11 NE Zone   255.00 305.00    50       61      26   0.41 0.41 0.82 
     DH-078-11 NE Zone   322.00 395.00    73       48      21   0.38 0.24 0.62 
     including NE Zone   352.00 365.00    13      102      46   0.86 0.45 1.30 
   
               Pit SW 
     DH-080-11 Extension 328.00 411.00    83      166      58   1.12 1.40 2.52 
               Pit SW 
     including Extension 328.00 334.00    6       329      111  1.98 3.12 5.11 
   
     *Assuming 100% Metallurgical Recovery 
     *Prices used in Silver Equivalent (AgEq) Calculations: 
     Ag dollars/oz       15.00 
     Zn dollars/lb        0.91 
     Pb dollars/lb        0.97

All holes reported here were drilled with HQ sized diamond drill core with some sections reduced down to NQ sized core. Core samples were cut using a core saw with 1 to 2 meter long sample intervals. All mineralized intercepts are drill core length drilled across a vertically inclined breccia system at angles of 45 to 70 degrees. Dimensions of the breccia system are being determined. The current resource sits approximately along 140 meters of strike by 60 meters of horizontal width in a range of 20 to 90 meters and to a 400 meter depth. Further Quality Assurance and Control procedures are disclosed on the Kootenay Gold Inc. website.

The foregoing geological disclosure has also been reviewed by James McDonald, P. Geo (a qualified person for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects). Mr. McDonald is the President and CEO and a director of Kootenay.

ABOUT KOOTENAY
Kootenay Gold is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada . The Company's flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico . The Company's objective is to develop near term discoveries and long term sustainable growth. Kootenay's management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.
Website: http://www.kootenaygold.ca

http://finance.yahoo.com/news/Promontorio-Drilling-Hits-83-cnw-1087479467.html?x=0&.v=1

[wshaw14]

Looks like the "news" has not yet started to flow. Just checking in. I do still like the potential here.

[basserdan]

Ahead of the Herd With Kootenay Gold

Richard (Rick) Mills
Ahead of the Herd

As a general rule, the most successful man in life is the man who has the best information

Today I’m speaking with Jim McDonald and Ken Berry of Kootenay Gold Inc. TSX.V;KTN; OTC:KOOYF

Jim McDonald P.Geo, President and CEO. Jim co-founded and successfully developed Black Bull Resources, National Gold (merged w/Alamos Gold) and White Knight Resources.

Ken Berry, Chairman and Director. Ken has over twenty years experience in the financing (raising over $300m) and corporate communications of public companies.

Rick: Ken, could you tell us a little bit about the history of Kootenay Gold?

Ken: Jim and I were the founders of Kootenay Gold. I started the public company, than about eight years ago Jim and I had an opportunity to meet, we discussed our philosophies and looked at the various things that we were doing.

There was a lot of positive energy between Jim’s goals, his beliefs and what I was trying to achieve and that has created a real bond and a good partnership over the years. Jim had secured some mineral properties in British Columbia’s Kootenay region (southeast corner of province – R. Mills) and I had the public company. I was a former investment advisor so it was a good marriage between the geological side and the investment/finance side, and that’s where the relationship originally started back in 2003.

Rick: Jim why the focus on the Kootenay’s and how did the transition happen from there down into Mexico?

Jim: Kootenay Gold was the opportunity to get under one umbrella a group of professional prospectors and geologists that I’d been working with on various deals for 15-20 years. I’d been looking for an opportunity to get that expertise going in one direction, under one company banner. That opportunity came up in 2003.

We incorporated the company privately and then went out with a business plan, let’s generate some new projects in a prospective for discovery area using in-house talent, option the properties out and as we build value doing that we will look for more advanced projects.

The Promontorio silver project in Mexico is the advanced project that we acquired. That was in 2006 and Kootenay embarked on the first drilling program in 2007, we made the discovery at the end of the year.

Rick: Jim could you explain to our readers how you structure one of your joint venture deals?

Jim: Sure, the deals are basically structured on an earn in basis, so the idea behind the property generation side is that because we have this expertise, which is quite uncommon, very few companies have the ability to generate projects internally, so that gives us quite an advantage because we are able to identify targets and find mineral projects from the grassroots stage.

Now, at the grassroots stage a mineral project has a pretty high risk profile as to success in finding a mineral deposit. You have to go through quite a few of these projects before you find one so you want to mitigate that risk as much as you can.

You can keep on raising money through financings, and carrying those projects forward yourself, or you can farm them out to others, and because we are able to generate these things, and we are actively doing that all the time, our model works best, and the dilution factor is the least, when we option these projects out.

The best way for us to mitigate risk is to bring partners in and let them advance these projects. Any mining project typically has gone through several operators before the economic discovery is made, that’s common.

It doesn’t happen 100% of the time, but it probably happens 80 or 90% of the time, where a project has had four or five or more companies take a shot at it before a mine is actually discovered. Our Connor Creek property, has now gone through two partners and we are lining up a third.

It’s got a very good gold anomaly and a copper anomaly on it. Having a very strong structural zone it still has good upside and discovery potential. We’re able to, even when the partner hands these properties back, generate more interest and get another partner to test them further if the project still has very good merit.

Rick: If the first, or even second, model doesn’t work, it doesn’t mean the next one’s not going to work. It seems like there is almost always something new to try based on the flow of new information.

Jim: Well yes there is, because when you first go in, you are dealing with a limited amount of information. You’ve come up with enough encouragement, enough of a positive result to say “okay, here is the target, it needs to be tested, let’s test it”. So you do, and now maybe you haven’t taken it to a mine, but during the process you’ve extended the scope of the target, you have realized that the control on the mineralization is something other than what you thought.

Through the process of exploration, you’ve eliminated some areas, but at the same time, if the property is a good one, its led you into other areas of mineralization that need to be tested, and that process is an ongoing one.

The more you learn, the better able you are to target, and the more work you do, even if the results are not very positive, you’ve eliminated areas to test, so your becoming more focused.

Rick: People asked Edison why he kept trying to invent the light bulb after failing a thousand times, he told them, “I didn’t fail a thousand times, I found out a thousand ways it wouldn’t work.”

Jim: Right, well it’s a good analogy because exploration is exactly like that.

Rick: Yes.

Jim: Every bit of information is valuable to you, in one way or another. We’ll bring a partner in and they’ll typically have the ability to earn a 50% to 60% interest from us, and in exchange for that, they have a commitment to spend “X” number of exploration dollars. It could be one million, two million, or three million dollars over what’s usually a three to five year term.

They make scheduled cash and stock payments to us along the way. As a mining cycle goes, we’re dealing with pretty bad markets right now, but nevertheless, base metals have held up pretty good and precious metals are doing very well, and the ability to generate new projects is a pretty rare one, so those exploration properties become more and more valuable as time goes on.

Rick: In a market downturn, mining is cyclical, the property generator business model (PGBM) that Kootenay follows, it might be the best one to follow, you are using OPM, other people’s money.

Jim: Well it becomes in a way a numbers game, you use the science and your expertise to increase your odds. But you’ll typically have to go through a thousand showings to find a mine, and you can accelerate that process quite a bit through the science and through expertise. So you want to get as many of these projects evaluated and tested as you can and these projects that we have, they all represent potential for new discoveries and of course carry forward their inherent value for future joint ventures.

Rick: Having a 100% owned property is much easier to promote then a joint venture and you decide when and how much to spend. Those are components many others following the PGBM don’t have. Tell us about Kootenay’s 100% owned Promontorio Silver Project in Mexico.

Jim: We’re building up the Promontorio project, it’s a brand new discovery of significant size and could immediately change the value of the company.

We’ve got all this high impact potential with the various joint venture projects that we have. Then, underpinning that value is the Promontorio silver project in Mexico, which is turning out to be quite a big, strong system.

Rick: Promontorio has a significant resource. The AGP resource estimate posted on your website comprises Indicated Mineral Resources of 5.22 million tonnes averaging 52.7 g/t silver, 0.86% lead and 0.96% zinc, containing 8.9 million oz Silver, 99.3 million pounds of lead and 110.8 million pounds of zinc. AGP also estimated that Promontorio contains 0.65 million tonnes averaging 55.7 g/t silver, 0.94% lead and 1.00% zinc in the Inferred category, containing 1.17 million oz Silver,13.4 million pounds of lead and 14.3 million pounds of zinc.

Jim: We’re looking to expand the size of that resource, we started on the largest and most aggressive drill program, with three drills, that has been conducted there to date. We have been in the current phase of drilling since May, with three rigs operating since about the end of June, beginning of July, and we’re generating a lot of very good results on step-out expansion drilling on the Promontorio trend.

Rick: It certainly seems like the numbers are building.

Jim: We can see the continuity is building beyond the resource side. We can see the potential for significant expansion, that resource is real, and we’re possibly half-way through a 25,000 meter program and so we are going to have steady drill news coming for the next three or four months. Then once we wrap the current drill program up we’ll be coming out with a new resource calculation, and taking it to the next stage.

Rick: Jim, can you tell us the location of Promontorio, is there any existing mines, infrastructure in the area?

Jim: Promontorio sits in northern Mexico, so it’s just outbound, west of the high Sierra, that’s in the foothills plains region just about 80 kilometers, in a straight line, from the coast of the Sea of Cortez, Gulf of California.

The access is really simple, it’s a 2-1/2 hour drive from a small international airport at Obregon City, and it sits in that prolific, well, all of Mexico is quite prolific for metal content, but it is just on the western edge of that well-known Sierra Madre mineral belt, where you have numerous silver/gold and gold deposits including Minefinder's Dolores gold silver mine, Alamos Gold's Mulatos gold mine, Agnico Eagle's Pinos Altos gold-silver mine, Gammon Gold's Ocampo gold-silver mine, Cour D'Alene's Palmarejo silver-gold mine, Goldcorp's El Sauzal gold mine and Pan American Silver's Alamo Dorado silver mine.

You know, when we first went into Mexico and starting looking around with Kootenay Gold, our region didn’t have any significant producers and now today, some seven years later, there are seven or eight significant producers within 100-150 km radius.

Rick: Geology?

Jim: The belt we’re in hosts not only gold/silver deposits, but it also has a copper porphyry and up in the northern extent hosts some of the biggest copper porphyries in the world. This is a very rich mineral belt.

The Promontorio system itself is a breccia hosted epithermal silver/lead/zinc system with a significant gold component in it, which we have discounted until we work out the metallurgy on it.

We’ve done preliminary metallurgy and we’ve got good metallurgical results on recovery of the silver and lead/zinc, in the low 80’s for the silver, and mid 80’s for the lead, and low 90’s for the zinc.

Rick: Have you done any work on the gold at all?

Jim: We’ve done some work on the gold. The gold is refractory, so we need to do additional, what are called department studies, to learn where exactly that gold is sitting, these studies will help us to determine whether we can economically extract it. We’re just negotiating on some contracts to do more metallurgical work in addition to doing detailed studies on what that gold is doing.

Rick: Promontorio has an interesting history, tell us about that and why you initially liked the project so much.

Jim: What attracted us to the project to begin with was it was a former producer, it produced a couple times in the past going back to the 1920s when J.P. Morgan funded a private company to go in there and get it into production.

They were preparing for production when the Yaqui rebellion put a halt to all operations, there were some subsequent efforts of exploration development in the early 1960s. Then in the late 1980s, a private consortium borrowed money from the Mexican government and put Promontorio into production for about three years before it was shut down due to low metal prices.

So what we liked about it when this project was brought to our attention, and was available for acquisition, was the fact that there is established mineral potential, and by the fact that it has been mined a couple of times in the past. And we liked the fact it’s a breccia hosted system. Unlike narrow veins you can have a larger size potential and you can more rapidly build up a resource size of significance with a breccia system.

Also, some of the historic grades that were reported from mining were very high grade, in excess of three to four hundred grams per tonne silver plus the lead/zinc component. So there was good grade potential in it. When we did our due diligence and got on the ground, we saw from the geology that what had been mined in the past was just a small part of a much bigger looking mineral system, and that’s been confirmed by our subsequent work.

Rick: Kootenay is currently running a very large drill program, I consider results to date outstanding, but maybe even more significant is that you are discovering mineralization between the two already discovered zones and on the other sides of these zones.

Jim: What we’re doing is focusing this drill effort, this is the third campaign into it, on a one km long trend. It’s where we have what we call our pit resource containing, in silver equivalent numbers, about 20 million ounces of silver, about half of which is in the silver component and the other half in the lead/zinc component. So, that sits at one end of the one km long trend, and at the other end we’ve got what we call the Northeast Zone, where so far we don’t have a lot of holes, but we’ve got very strong encouragement.

Some of the latest results are 51 meters with 91g/t silver and 3.4% combined lead/zinc with an interior core there of 18 meters, 188 silver and almost 8% lead/zinc, so there’s some really good hits up in the northeast end.

These two zones are 700 or 800 meters apart, but there are scattered holes in between indicating mineralization is continuous between the two and so now we’re stepping off of those zones, and we’re stepping off of the pit resource in the opposite direction as well where we have what we call the Southwest Zone from where we’re getting good results. We’re showing continuity between it and the pit resource. It’s the same zone, so those two zones are connected and in fact one, we see the potential for a doubling of that pit resource, perhaps more, depending on what happens.

Rick: What is the potential upside from here?

Jim: We believe the potential is there for the resource to be in the 50 million ounce silver range plus an equivalent value in the lead/zinc.

If we get up into our target range it’s got the potential to make a very nice mining operation. We’re doing all the steps to first of all determine what the size scope is here, and in the next stages after that, assuming we’ve got the positive results that we’re expecting, we’ll be looking for the scope of mining that you might be able to support here.

If we do get into that 50 million ounce range, plus an equivalent value in the lead/zinc, that’s like having a 100 million ounce silver deposit. Then you’ve got a resource that could support a very significant silver producer for a 10 or 15 year time period. You could be supporting something, on one project, that is doing three to five million ounces of silver a year over a 10 plus year time frame, and when you look at the silver producers in Mexico, particularly on the junior/midsize size, that’s a significant asset.

Rick: One asset producing that much silver is uncommon.

Jim: It typically takes two or three mines for companies to get into that 3-5 million ounce silver production per year. If you’ve got one asset that could support that, that’s a very good asset. So this kind of explains why we’re so excited about the prospects at Promontorio.

Rick: What are some of those midsize producers that produce four to six million ounces per year?

Jim: Endeavour Silver is one, First Majestic another, they are definitely in the senior midsize range now. First Majestic started out as a junior producer several years ago in Mexico. I think they have four mines going now, and they are in that six million ounce per year range, and with projections for much bigger going into next year.

Rick: It seems like Kootenay has something to offer every type of retail investor. You’ve got nine joint ventures and one 100% owned development property.

Jim: Well yes, so we do, we’ve got a lot to offer. We’ve got a really strong team put together, both from the technical side and the financial side. We’re a well-rounded company with a good business plan in place, a real good core asset and then all those generative projects which could lead to brand new exciting discoveries.

Rick: You’ve got strong management, ability to raise money, and quality projects.

Jim: Yes.

Rick: And also very important, a decent share structure.

Jim: We’ve done a good job of maintaining the share structure. We’ve always kept a close eye on that.

Rick: One of the benefits of the project generator model.

Jim: Yes, and it’s also a benefit of having a management team that owns a large part of the stock position, it’s in their interests to keep that dilution down.

Rick: That places them right onside of the retail investor, doesn’t it?

Jim: Yes, it does.

Rick: Ken, anything you want to add?

Ken: No, I think Jim’s done a great job of giving an overview of the company. I’ll just touch on the issue of outstanding shares. That’s 45 million shares, so as mentioned, it’s a great share structure, and the project at Promontorio is more advanced than ever before. There is a constant flow of news coming out with this current 25,000 meter drill program underway, and the initiation of baseline studies as well, bodes well for the future of Promontorio.

Rick: How’s the treasury right now Ken?

Ken: We are fully funded for the current 25,000 meter program, that means fully funded right through to the end of the year, and as you talked about with the joint ventures, our partners are funding those grassroots exploration projects.

Rick: Kootenay has a lot of potentially good news flow over the next while.

Ken: News will flow right through to the end of the year and into the first quarter of 2012.

Rick: It’s been a pleasure talking to you Ken and Jim, thank you.

Richard Mills has previously written two articles regarding Kootenay Gold

Kootenay Gold – The Best of Both Worlds
Mexico's Newest Emerging Silver Resource

Richard (Rick) Mills

http://aheadoftheherd.com/Newsletter/2011/Interviews/AOTH-With-Kootenay-Gold.html

[wshaw14]

Oct 03, 2011 PROMONTORIO - Intercepts 47 Meters of 214.2 gpt Silver Eqv (84.47 gpt Ag, 3.04% Pb+Zn) and 54 meters of 197 gpt Silver Eqv (91.98 gpt Ag, 2.47% Pb+Zn) in NE Zone, 700 Meters from Current 43-101 Resource

[wshaw14]

Seems nobody is taking notice yet. Nice uptick from the lows. This one may take a while, (or may not). Either is fine.

[wshaw14]

08-23-2010 ROMONTORIO - Drilling Success Continues at Promontorio as Kootenay Hits 205 meters of 117 gpt Silver Equivalent in Step-Out Drilling in Southwest Zone that includes 169 gpt Silver Equivalent over 50 meters.

[wshaw14]

Just checking in, still no news since june 29th. I will still exercise a little more patience.

[wshaw14]

Sure would be nice to get some news.

[wshaw14]

For anybody that is not familiar with the joint venture. Here are the terms.
In addition, Fjordland recently completed an Option Agreement with Kootenay Gold Inc. (TSX-V:
KTN), whereby Fjordland can acquire an undivided 60% interest in seven individual claim groups
(namely, Big Kahuna, Slocanny Granny, Red Lobster, Moly Pritchard, Big Smoke, MS Peg and GCP),
totaling 21,222 hectares, in the Aldridge portion of the Belt-Purcell ranges, located adjacent to the Iron
Range Project and within the 90-km long northeasterly-trending Kimberley Gold Trend. This Trend is
defined by placer gold in streams, high angle, intersecting oblique-slip faults, Fe-oxide, Fe-carbonate,
sericite/quartz/pyrite/albite/tourmaline alteration assemblages, numerous Au-Cu-Pb-Zn occurrences and
IOCG (iron oxide copper gold) affinities. Four of the claim groups in the Option Agreement have had
limited drilling activities and have new drill targets currently permitted for work.
A location map of Fjordland’s holdings may be viewed at www.fjordlandex.com/news/nr10-23b.pdf.
The interest in the Kootenay Gold claims is subject to the terms of the Kennedy Grubstake agreement,
including an underlying 2% net smelter royalty. Fjordland must issue an aggregate of 7 million common
shares of the Company to Kootenay Gold and fund an aggregate of $7 million of expenditures on the
Property within a period of 4 years, from December 20, 2010, the Effective Date of the Agreement.
The Option Agreement is subject to the approval of the TSX Venture Exchange http://www.fjordlandex.com/news/nr10-23.pdf

[wshaw14]

June 27, 2011 JOINT VENTURE - Fjordland Planning Three Drilling Programs on Kootenay's Properties in the Kimberley Gold and Iron Range Trends, Southeastern BC http://www.kootenaygold.ca/s/NewsReleases.asp?ReportID=464223&_Type=News-Releases&_Title=htmlFONT-COLOR0066CCbJOINT-VENTURE-bfonthtmlFjordland-Planning-Three-Drilli...

[wshaw14]

Here is the latest press release. There are some others recently updated in the IBOX. Looks like this one is not sitting on their thumbs.

June 29, 2011 PROMONTORIO - Kootenay Announces Three Diamond Drill Rigs Now Operating on Promontorio http://www.kootenaygold.ca/s/NewsReleases.asp?ReportID=464743&_Type=News-Releases&_Title=htmlFONT-COLORFF6600bPROMONTORIO-bfonthtmlKootenay-Announces-Three-Diamond-...

[wshaw14]

basserdan, nice post thanks.

[basserdan]

KOOTENAY GOLD - Stock Price Vs Recoverable Metal Value Per Share
Promontorio Silver Project - NI 43-101 Resource Estimate (September 28, 2010, Excl. Gold, Copper)

At the following metal prices and recovery rates:

- Ag: US$15/oz, 82%
- Pb: US$.97/lb, 85%
- Zn: US$.91/lb, 91%

Promontorio's Pit Discovery Zone has a NI 43-101 resource estimate of:

Indicated Mineral Resources:

5.22 million t @ 52.7 g/t Ag, .86% Pb, .96% Zn

= Ag: 8.9 million oz
= Pb: 99.3 million lb
= Zn: 110.8 million lb

Inferred Mineral Resources:

650,000 t @ 55.7 g/t Ag, .94% Pb, 1.00% Zn

= Ag: 1.17 million oz
= Pb: 13.4 million lb
= Zn: 14.3 million lb

Source: http://www.kootenaygold.ca/i/projects/Promontorio/NI_43-101_Promontorio_Resource_Calculation_2010-09-28.pdf


Promontorio Silver Project - Recoverable Metal Value Per Share

This equals a recoverable metal value of:

- Ag: 10,070,000 oz x US$15/oz = US$151,050,000
- Pb: 112,700,000 lb x US$.97/lb = US$109,319,000
- Zn: 125,100,000 lb x US$.91/lb = US$113,841,000

= US$374,210,000

Or, at yesterday's metal prices:

- Ag: 10,070,000 oz x US$35.39/oz = US$356,377,300
- Pb: 112,700,000 lb x US$1.1163/lb = US$125,807,010
- Zn: 125,100,000 lb x US$.9979/lb = US$124,837,290

= US$607,021,600

On a per-share basis, this becomes:

- Common shares, outstanding: US$607,021,600 / 44,958,100 = US$13.50 ~ CDN$13.22
- Common shares, fully-diluted: US$607,021,600 / 57,949,350 = US$10.48 ~ CDN$10.26

In other words, the current stock price (CDN$.91) reflects about 6.9% of the current recoverable metal value per (outstanding) share, and reflects only a fraction of what Kootenay is hoping to outline in the near future (read below).

Kootenay Gold has recently started a major, 25,000 m, multi-phase program that is designed to expand the current 43-101 resource substantially. The updated 43-101 resource calculation will commence at the of the 25,000 m drill program. An updated drill map with selected highlights can be viewed here:

http://www.kootenaygold.ca/i/projects/Promontorio/drillresultsmap.pdf


Additional Reading

2010-11-10
UK-Analyst.com - Kootenay Gold - Targeting 100+ Million Ounces of Silver in Mexico
http://uk-analyst.com/shop/page-advice/action-advertorial.show/id-130008848

2010-11-18
Minesite.com - With Drill Rigs Now Turning, Kootenay Hopes To Triple The Resource At The Promontorio Silver Project In Mexico In Double-Quick Time
http://minesite.com/news/with-drill-rigs-now-turning-kootenay-hopes-to-triple-the-resource-at-the-promontorio-silver-project-in-mexico-in-double-quick-time

2011-02-11
Resource Clips - Kootenay Gold’s New Projects Generate Income For Its Mexico Silver Project
http://resourceclips.com/2011/02/11/a-well-rounded-junior/

2011-03-17
Resource Investor - Mexico’s Newest Emerging Silver Resource
http://www.resourceinvestor.com/News/2011/3/Pages/Mexicos-Newest-Emerging-Silver-Resource.aspx

2011-04-12
Minesite.com - Kootenay Gold Has A Lot More Silver Than Its Name Might Suggest
http://minesite.com/news/kootenay-gold-has-a-lot-more-silver-than-its-name-might-suggest

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29873310&l=0&r=0&s=KTN&t=LIST

[wshaw14]

May 31, 2011
PROMONTORIO - Kootenay Drills 146 gpt Silver eqv over 234m as 10,000 M Drill Program Concluded; Major 25,000 Meter Multi-Phase In-Fill Drilling and Resource Definition Program to Commence at Promontorio

[wshaw14]

It is only a matter of time before this one gets discovered.

[wshaw14]

Does not seem to be much interest here right now. IBOX is up to date.

[wshaw14]

Done. You are now assisting.