🕐03.10.11 - 18:27 Uhr

KOOTENAY GOLD INC.: PROMONTORIO DRILLING INTERCEPTS 47 METERS OF 214.2 GPT SILVE
R EQUIVALENT (84.47 PGT AG, 3.04% PB+ZN) AND 54 METERS OF 197 GPT SILVER EQUIVALENT (91.98 GPT AG, 2.47% PB+ZN) IN NORTHEAST ZONE, 700 METERS OUTSIDE OF CURRENT 43-101 RE



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Kootenay Gold Inc.: Promontorio Drilling Intercepts 47 Meters of 214.2 gpt Silver Equivalent
(84.47 pgt Ag, 3.04% Pb+Zn) and 54 meters of 197 gpt Silver Equivalent
(91.98 gpt Ag, 2.47% Pb+Zn) in Northeast Zone, 700 Meters Outside of Current 43-101 Resource

Click Here for a Free Real-time Stock Quote on TSX-V: KTN

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 Companys 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."

Highlights are as follows:

DH 68 Southwest Zone

Two composited intervals within 225 meters of mineralization as follows: 149 meters of 145.7 gpt Silver Equivalent (59.93 gpt Ag, 2.0% Pb+Zn) and 50 meters of 111 gpt Silver Equivalent (44.39 gpt Ag, 1.55% Pb+Zn). Includes Higher Grade interval of 50 meters of 226.9 gpt Silver Equivalent (93.92 gpt Ag, 3.1% Pb+Zn). DH 68 shows excellent grade and width increase 30 meters down dip on section with previously announced DH 67 DH 68 demonstrates continuance of mineralization into the Southwest Zone and is over 50 meters (from center point of mineralization) along strike and outside of the Pit Resource

DH 71 Southwest Zone

About 90 meters southwest of and beyond Pit Resource 6 different mineralized composites within 225 meters of mineralization 19 meters of 108.1 gpt Silver Equivalent (50 gpt Ag, 1.35% Pb+Zn) 14 meters of 79.21 gpt Silver Equivalent (36.21 Ag gpt, 1.0% Pb+Zn) 4 meters of 172.6 gpt Silver Equivalent (78.5 gpt Ag, 2.17% Pb+Zn) 20 meters of 64.87 gpt Silver Equivalent (27.5 gpt Ag, 0.87% Pb+Zn) 45 meters of 56.2 gpt Silver Equivalent (22.46 gpt Ag, 0.79%Pb+Zn) 21 meters of 44.85 gpt Silver Equivalent(21.62 gpt Ag, 0.54% Pb+Zn)

DH 63 Southwest Zone

Intercepts mineralization 100 meters west of Pit Resource boundary Down dip extension of DH 62 that returned 92 meters of 147 gpt Silver Equivalent (56 gpt Ag, 2.11% Pb+Zn) Two composited intervals within a 100 meter long mineralized intercept that grades 36 meters of 36 gpt Silver Equivalent (13 gpt Ag, 0.52% Pb+Zn) and 27 meters of 48 gpt Silver Equivalent (16 gpt Ag, 0.76% Pb+Zn) Remains open to depth

DH 70 Northeast Zone

47 meters of 214 gpt Silver Equivalent (84 gpt Ag, 3.05% Pb+Zn) including 11 meters of 481 gpt Silver Equivalent (179 gpt Ag, 7.06% Pb+Zn) and 54 meters of 197 gpt Silver Equivalent (92 gpt Ag, 2.47% Pb+Zn) including 16 meters of 492 gpt Silver Equivalent (203 gpt Ag, 6,81% Pb+Zn) Both composite intervals of 47 and 54 meters occur within 115 meter mineralized interval. 25 meters along strike and to southwest of PC 28 and DH 66 both high grade holes Shallow intercept on minus 45 degree hole On section and up dip of DH 69 released September 15, 2011

DH 66 Northeast Zone

Twin hole offset from PC 28 with 51 meters of 91 gpt Silver, 3.44% Pb+Zn Extends mineralization 70 meters beyond the bottom of PC 28 and hits second 67 meter interval deeper in hole Total of 6 composited mineralized zones totaling 137 meters within a 224 meter hole length

Upper interval intercepts 39 meters of 309 gpt Silver Equivalent (128 gpt Ag, 4.25% Pb+Zn) including 3 different 6 meters intervals of 667 gpt Silver Equivalent (357 gpt Ag, 7.25% Pb+Zn) and 6 meters of 430 gpt Silver Equivalent (76 gpt Ag, 8.44% Pb+Zn) and 6 meters of 655 gpt Silver Equivalent (277 gpt Ag, 8.9% Pb+Zn)

*See 25,000 meter highlights below

Click here for complete Drill Results and Map

Hole ID Target From To Interval *AgEq (Ag,Pb,Zn) Ag Pb Zn Pb+Zn (m) (m) (m) (g/t) (g/t) (%) (%) (%) DH-063-11 Pit SW Extension 359.00 395.00 36 35 13 0.25 0.27 0.52 DH-063-11 Pit SW Extension 423.00 450.00 27 48 16 0.20 0.56 0.76 DH-066-11 NE Zone 131.00 170.00 39 309 128 1.27 2.98 4.25 including NE Zone 132.00 138.00 6 667 357 2.98 4.27 7.25 including NE Zone 143.00 149.00 6 430 76 0.99 7.45 8.44 including NE Zone 157.00 163.00 6 655 277 2.99 5.91 8.90 DH-066-11 NE Zone 179.00 195.00 16 59 48 0.11 0.14 0.25 DH-066-11 NE Zone 204.00 209.00 5 46 32 0.10 0.21 0.31 DH-066-11 NE Zone 228.00 233.00 5 215 116 1.06 1.25 2.31 DH-066-11 NE Zone 240.00 245.00 5 180 86 1.09 1.11 2.20 DH-066-11 NE Zone 288.00 355.00 67 56 25 0.33 0.40 0.72 DH-068-11 Pit SW Extension 137.00 286.00 149 146 60 0.93 1.07 2.00 including Pit SW Extension 172.00 222.00 50 227 94 1.44 1.67 3.10 DH-068-11 Pit SW Extension 297.00 347.00 50 111 44 0.80 0.75 1.55 DH-070-11 NE Zone 125.00 179.00 54 197 92 0.89 1.58 2.47 including NE Zone 145.00 161.00 16



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