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)

Vancouver, British Columbia: Kootenay Silver Inc. (TSX VENTURE: KTN.V) 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 and tin: 2 new critical electric metals, says Byron Capital

Silver and tin are two new critical electric metals that are garnering attention, according to Dr. Jon Hykawy, head of global research, clean technologies at Byron Capital Markets, who kicked off a talk on battery materials at the third annual electric metals conference in Toronto on Thursday.

These two metals are expected to see a sharp boost in demand, leading to a predicted shortage in materials for electronics like iPads and Kindles starting in 2017, and an anticipated increase in prices.
Demand for both silver and tin is driven by the fact that both metals are key components in solder alloys that meet the Restriction of Hazardous Substances (RoHS) directive implemented in the EU in 2006.

The directive, which took effect in July of 2006, recognizes that a large proportion of electronic waste will never be recycled, and therefore the materials within devices will dissipate into the environment. For example, when lead is used in substances such as the solder that connects components to a circuit board in an electronic device, there is no way the lead can be collected.

As a result, the EU said that substances like solder, at least within devices intended for sale in the region, must not contain any of the hazardous materials the directive is concerned with, including lead, mercury, cadmium, hexavalent chromium, polybrominated biphenyls and diphenyl ether.

Because of this new law, the search for a new standard solder in the electronics industry began, resulting in a mixture of tin and silver - putting pressure on supplies for both of these metals.

Philip Ker, analyst with Union Securities talks Kootenay Silver, sees 12 month target of $2.50

Philip Ker, an analyst with Toronto-based Union Securities, expects the junior mining sector to witness an increase in M&A activity throughout the remainder of 2012, which could funnel more capital into the space. Philip’s coverage universe includes several gold juniors with near-term growth catalysts and lofty 12-month target prices. He sat down with SmallCapPower.com to discuss some of the companies Union Securities is covering.


SmallCapPower.com: So you’re saying that virtually everything in the junior resource sector is underperforming, especially those companies working in high-risk jurisdictions. Nonetheless, you have some companies that you believe will eventually perform. What are some of those names?

Philip Ker: Kootenay Silver Inc. (TSX.V: KTN). It’s a unique brecciaed epithermal silver deposit in Sonora State, Mexico. Kootenay is currently wrapping up a 25,000-metre drill program on its Promontorio deposit and plans to publish an initial resource estimate later this quarter. There’s a historical resource estimate of about 25 Moz silver-equivalents, which takes into account some substantial lead and zinc credits. I toured the property in February, and was impressed with the location, as well as the drill core. My target for the resource estimate going forward is 100 Mozsilver-equivalent, which would be a substantial uplift from the previous estimate. Kootenay recently hit some great intersections at Promontorio, particularly in the Northeastern zone where some grades exceeded 800 grams per tonne silver-equivalent.

SmallCapPower.com: Kootenay is trading at about C$0.95. Is there a
warrant outstanding?

Philip Ker: There is and some of those expire this year. It should bring in some capital for the company for future exploration, which is expected to start later this year. The property has numerous untested targets and some may be followed up on in conjunction with delineation drilling at Promontorio.

SmallCapPower.com: What’s your 12-month target on Kootenay?

Philip Ker: My 12-month target is $2.50 based on a conservative in-situ valuation of only $1.25/oz silver.


SmallCapPower.com: That’s great.



Read the full discussion here: 

David Morgan - Silver, Gold, Mining, and How to be a Wise Investor

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.

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!

Stockhouse: How "big money" could push silver 54% higher in 2012

The big money is tiptoeing back into silver. Last month, commodity trading advisors, pool operators, and hedge funds – the "big money" – weren't interested in silver AT ALL... 
But as they move back into the market, silver prices could soar. Let me show you what I'm talking about...
Jason Goepfert created SentimenTrader, a service that tracks investor sentiment toward various asset classes. According to Jason, silver just bounced off its most pessimistic reading in four years. 

Eric Sprott: "Forces are at Work that can Move the Prices Down."

At the Casey Research/Sprott Summit When Money Dies, Eric Sprott speaks with Louis James for this week's Conversation with Casey. Eric Sprott makes the case for precious metals investment. (10/19/11)

Kootenay Gold: 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

High Grade Intervals Include 16 Meters of 492 gpt Silver Eqv (202.7 gpt Ag, 6.8% Pb+Zn) and 11 Meters of 480.6 gpt Silver Eqv (179.4 gpt Ag, 7.0% Pb+Zn) 

Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce assay results from its ongoing 25,000 meter, multi-phase drilling program on its Promontorio Silver project in Sonora, Mexico. At present, three diamond drill rigs are operating on site.

States Kootenay President and CEO James McDonald "We are extremely pleased with current drill results. Step out drilling returned multiple intercepts of high-grade silver mineralization in the Northeast Zone, which sits 700 meters outside of and on strike to the Company's established 43-101 Pit Resource. Equally critical to the current resource expansion program, hole DH 68 drilled in the Southwest expansion zone of the Pit Resource, returned widespread zones of medium to high-grade silver, showing excellent continuity of silver mineralization with the Pit Resource on strike and to depth, extending more than 50 meters outside the Pit Resource."