Phase II Drilling On La Negra Discovery

VANCOUVER - Kootenay Silver Inc. reported results from an additional seven holes of its Phase II drill program on its Promontorio La Negra Diatreme Silver discovery in Sonora, Mexico. The seven holes were designed to extend the known areas of mineralization along strike, down dip and to fill in large gaps. Results continue to affirm La Negra's potential for the delineation of a high-medium grade, open-pittable silver resource and for adding substantial additional silver resources at depth.

States Kootenay President and CEO James McDonald "We are very pleased with results from the current seven holes of our Phase II program. Drilling continues to return consistent intervals of high-grade silver, further underscoring La Negra's potential as a growing silver resource that clearly displays attributes with potential to evolve into a substantial low-cost, open-pit operation. Equally exciting, holes LN-34, 37 and 38-15 successfully confirm the excellent depth potential of the La Negra diatreme breccia, hitting mineralized breccia 250 to 300 meters vertically from surface, which is a full 100 to 150 meters deeper than previous drill holes."

Kootenay further reports ongoing ground exploration immediately around a 2-3 km radius of the La Negra Breccia has identified two high priority mineralized trends with clear underlying geologic controls. These have been named the 'La Negra Silver trend' and 'Vania'. Additional areas of silver and gold mineralization identified apart from these trends are currently being evaluated.