Stepout Drilling Begins At Promontorio

 

VANCOUVER, BC - Kootenay Gold Inc. reported that drilling is underway at Promontorio. The program is designed to drill untested targets; expand on mineralization discovered at the Pit Discovery; and step-out across the 2km Dorotea Trend. The 5000 meter program expected to be completed by year end, will focus on targets identified by systematic exploration (3D IP Geophysical Survey; Mapping; Sampling; EM Airborne Study; Trenching; Drilling) across this large silver-lead-zinc-gold mineral system; then follow up in detail the strongest mineralized zones.

Results of data from the Dorotea 3D Induced Polarization geophysical survey, merged with data from the original I.P. survey over the Promontorio mine and the model shows the large, L-shaped anomaly covering the pit mineralization (see news release dated July 23, 2009) continues to the northwest and north covering the Dorotea discovery area.

The new survey has identified two discrete chargeability anomalies along the Dorotea trend using the +12mV/V contour. The larger anomaly is centred 2.5km from the Promontorio pit area and measures roughly 550m x 400m. The smaller anomaly is roughly 160m x 130m and correlates well with limited drilling at the Dorotea showing completed in late 2008 that encountered 34.5 meters grading 1.73 grams per tonne ("gpt") gold, 74.83 gpt silver and 2.4% lead + zinc reported in hole KP 56 and 6.0 meters grading 5.92 gpt gold, 167.20 gpt silver and 1.625% lead + zinc reported in hole KP 55.

The company’s address is Suite 960, 1055 W. Hastings St., Vancouver, BC V6E 2E9, 604-601-5650, fax: 604-683-2249.