Philip Ker of Union Securities Ltd talks Kootenay Gold with The Gold Report

TGR: What are some other junior precious metals companies that could rebound significantly in 2012?

PK: I like Kootenay Gold Inc. (KTN:TSX.V). It has the Promontorio silver deposit down in Mexico and is currently engaged in a 25,000m drill program. It has been successful with extending mineralization outside of the current resource pit, particularly in the northeast and southwest zones. It is aiming for almost five times its current resource, targeting 100 Moz Ag eq.

TGR: What does that tell you about the project and the deposit?

PK: This northeast zone at Promontorio is not a one-hole wonder. It is continuing to intersect this zone along strike as well as along different fence lines within the zone. There definitely seems to be a high-grade area that can add significant resources in the upcoming NI 43-101.

TGR: What are you expecting from that?

PK: It is targeting 100–105 Moz Ag eq. In terms of silver prospects, it is mid to small size, but it is definitely in a good district. Mexico is one of the largest silver producers on the planet.

TGR: If it keeps hitting intercepts like that, it will not be long before that resource doubles. What is your 12-month target price for Kootenay?

PK: $2.50.

Read the Full Interview Here

Minesite.com's highlights of The Vancouver Resource Investment Conference 2012

"Meanwhile, Kootenay Gold’s booth on the main floor was buzzing all day, as punters sought more information on recent drill results which showed numbers as high as 706 grams per tonne silver equivalent over 16 metres. The current drilling campaign at the Promontorio silver resource in Mexico consists of 25,000 metres of ongoing multi-phase, step out drilling and resource definition drilling. So far the program has been successful in extending the pit resource at Promontorio by 140 metres to 300 metres. In the Northeast Zone, which sits 700 metres from the Pit Resource, high grade intercepts have also been found and mineralization along strike is now 210 meters. "

Source: Minesite.com

Rick Mills talks about Kootenay Gold with The Gold Report

"RM: Okay, the next one is Kootenay Gold Inc. (KTN:TSX.V), which has the 100%-owned Promontorio silver project in Sonora, Mexico. Like Cangold, Kootenay already has a significant resource. AGP Mining Consultants' resource estimate puts Indicated mineral resource at 5.2 million tons, with 8.9 Moz silver, 99 million pounds (Mlb) lead and 111 Mlb zinc. It grades 52 grams of silver, 0.86% lead and 0.96% zinc.

Since that estimate, Kootenay has drilled 53,000m into Promontorio at an average depth of 300m; the results from two-thirds of that drilling will go into a new resource estimate, which is due out in another month or two. Going back through the results on the website, you see some pretty decent assays, and I expect a very definite resource increase – a doubling or even tripling in the new estimate. Then Kootenay will launch another big and aggressive drill program. It wouldn't surprise me to see 50 Moz silver and quite likely the equivalent to that in lead and zinc after that drilling.

With all of that, plus a very good share structure with heavy management participation, a very healthy treasury, and more news coming, I refuse to believe that Kootenay won't be revalued much, much higher over the coming year.

Silver's Surge

By Warren Bevan     Jan 23 2012 10:41AM We had a super week in regard to swing trading as markets and stocks did what the charts said they were going to, now it looks like we need at least a few days of correcting and backing and filling before we attempt a new move higher but it was very nice to see the S&P move beyond 1,300. Ideally I’d enjoy seeing the 1,300 area on the S&P tested again this week. As for the precious metals they're doing well, especially silver and palladium but just because gold isn’t really moving up doesn’t mean it’s sick.

Kootenay Gold Hits 706 gpt Silver Equivalent Over 16 Meters (370 Ag and 7.79 % Pb-Zn) as Promontorio Drilling Continues to Encounter High Grade Intercepts of Silver in Top Priority Southwest and Northeast Zones

Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce assay results from an additional 20 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 exceptional results extending from the Pit Discovery Zone across the central 1km mineralized corridor.

The strike continuity of silver mineralization in the Southwest Zone connecting to the NI 43-101 Pit Resource has now been extended from 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 is now 210 meters.

To view map of drill hole locations please visit:

http://www.kootenaygold.ca/i/projects/Promontorio/drillingupdate

Commodity Online: Silver 2012 predictions: What do you think - bearish or bullish?

Previous year has been a very mixed for Silver investors. By April it was very bullish for silver which rose 61% compared to the closing level in 2010. Silver suffered a setback in 2011, backtracking from a near-doubling in price during 2010, as worries about the global economy and a recent slide in Gold hurt demand. This is its first annual loss in three years.


Silver is now however well below the $30 mark and is thus over 10% in the red from its peak. The huge gains in the first 5 months of 2011 were completely erased in 7 months that followed. A significant setback for the silver bull!

Northern Vertex - Chief Geologist Robert Thompson - Market Edge Media Minute

These 8 Analysts See Gold Going to $3,000 - $10,000 in 2012! Here’s Why

Back in 2009 I began keeping track of those financial analysts, economists, academics and commentators who were of the opinion that it was just a matter of time before gold reached a parabolic peak price well in excess of the prevailing price. As time passed the list grew dramatically and at last count numbered 140 such individuals who have gone on record as saying that gold will go to at least $3,000 – and as high as $20,000 - before the gold bubble finally pops. Of more immediate interest, however, is that 8 of those individuals believe gold will reach its parabolic peak price in the next 12 months - even as early as February, 2012. This article identifies those 8 and outlines their rationale for reaching their individual price expectations.

Northern Vertex (TSV.V: NEE) Appears on Globe And Mail's Big Movers list; Top 10 Venture Exchange Gainers of 2011

*December 31st, 2011 Globe and Mail - Section "Stars and Dogs 2011"