Tuesday, May 31, 2011

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



Vancouver, B.C. - Kootenay Gold Inc. TSX.V: KTN ("Kootenay") is pleased to announce it has successfully concluded the final holes of its 10,000 meter drill program on its Promontorio Silver project in Sonora, Mexico, highlighted by a 234 meter intersection grading 146 gpt silver equivalent*. Based on the success of the 10,000 meter program Kootenay reports it has entered into a contract with BDW Drilling to immediately commence a minimum 25,000 meter multi-phase diamond drill program at Promontorio. The in-fill drilling and resource definition program will be the Company’s single largest and most expansive drill campaign ever conducted at Promontorio.

*See 10,000 meter drill highlights below - Click here for the complete drill results and map.

States James McDonald, President and CEO of Kootenay: "Hitting excellent grades of silver mineralization over a broad 234 meter intersection is further testimony to the success of our 10,000 meter drilling program on Promontorio. Paramount to its success, we confirmed that high and medium grade silver occurs along the entire 1.0 kilometer long mineralized corridor that hosts the current resource. Equally important broadly spaced holes indicate continuity of silver mineralization over 300 meters of strike in the North East Zone, which is double the strike length of our current 43-101 silver resource.”