Kootenay Gold Inc.
TSX VENTURE : KTN

Kootenay Gold Inc.

April 29, 2009 11:21 ET

Kootenay Gold Inc.: Promontorio Surface Sampling Confirms Mineralization for 1000 Meters; Grading Up to 45.6 gpt Gold & 298 gpt Silver

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2009) - Kootenay Gold Inc. ("Kootenay") (TSX VENTURE:KTN) is pleased to announce surface sampling confirms mineralization discovered in the Dorotea Structure in drill holes DDH 55 to 57 continues for more than 1000 meters. The Dorotea Structure projects into the Pit Discovery area some 1600 meters to the southeast of the drill holes.

Mineralization is found in three different exposed areas along the trend of the structure grading up to 45.6 grams per tonne gold and 298 grams per tonne silver in a grab sample 800 meters to the northwest of the drill discovery and 90 meters southeast of the drill discovery values to 12.1 grams per tonne gold and 587 grams per tonne silver were encountered (see attached map). Results contained herein are from select grab samples taken from outcrops while exploring for the surface extensions of the drill intercepts.

Jim McDonald, CEO of Kootenay commented, "Results at Promontorio continue to be very encouraging and indicate the newly discovered Dorotea Structure is mineralized along at least 1000 meters of its length. Drill results in the Dorotea structure further underscore its potential. Drilling encountered 34.5 meters grading 1.73 grams per tonne gold, 74.83 grams per tonne silver and 2.4% Pb+Zn in KP 56 and 6.0 meters grading 5.92 grams per tonne gold, 167.20 grams per tonne silver and 1.625 Pb+Zn in KP 55" (see news release dated February 5, 2009 for full results).

TRENCHING UNDERWAY TO IDENTIFY ADDITIONAL DRILL TARGETS

A 2000 meter trenching program is currently underway. This program is intended to expose the Dorotea structure in numerous places along its strike extension with the objective of determining continuity and width of mineralization between outcrops. Several other mineralized zones identified in the Promontorio discovery area will also be trenched (See news release dated July 17, 2008 describing zones A to N). Results of this program will be incorporated into the drill, geochemical and geophysical data and used to set specific drill targets for the next drill program.



DOROTEA STRUCTURE SAMPLES

Summary:
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Total Max Au Max Ag Avg. Cu Avg. Pb Avg. Zn
Samples Avg. Au Value Avg. Ag Value Value Value Value
Taken (g/t) (g/t) (g/t) (g/t) (%) (%) (%)
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22 5.71 45.60 114 587 0.20 1.30 0.11
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Complete Sample List:
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Sample_ID Au gpt Ag gpt Cu % Pb % Zn %
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PS701F 1.15 63 1.695 0.122 0.024
PS702SC 1.925 79 1.715 0.179 0.023
PS703SC 5.14 7 0.043 0.005 0.004
PS705G 0.082 21 0.002 0.353 0.067
PS706SC 0.401 53 0.017 2.98 0.087
PS707SC 3.78 37 0.035 0.521 0.204
PS708G 0.72 6 0.013 0.26 0.053
PS709G 2.15 42 0.033 0.863 0.032
PS710 0.163 3 0.008 0.135 0.078
PS779G 0.0025 1 0.0005 0.023 0.009
PS780SC 10.65 135 0.064 0.303 0.265
PS781F 6.6 242 0.055 1.2 0.122
PS782G 2.67 587 0.052 5.74 0.303
PS783SC 8.33 91 0.078 1.37 0.314
PS784SC 12.1 348 0.068 1.91 0.128
PS785G 5.53 45 0.017 0.609 0.141
PS786G 11.4 140 0.079 0.207 0.136
PS787G 1.52 190 0.197 3.96 0.076
PS788G 45.6 298 0.041 3.61 0.101
PS789F 3.51 76 0.041 3.71 0.11
PS790SC 0.37 14 0.014 0.288 0.015
PS791SC 1.8 31 0.023 0.341 0.028
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The foregoing geological disclosure has been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of the Company.

QA/QC

All samples were placed and sealed with tape into a plastic rock sample bag. Each sample was labeled and catalogued and delivered to ALS Chemex's preparation laboratory in Hermosillo, Sonora Mexico where pulps are made of each sample which were then sent to the ALS Chemex laboratory in North Vancouver, B.C. Canada. Each sample was analyzed with a multi acid digestion ICP AES (Plasma Emission Spectroscopy). Samples with precious metals exceeding the upper detection limit of the ICP AES are analyzed again using fire assay methods with either atomic absorption, emission spectroscopy or gravimetric finishes for gold and silver. Base metals exceeding upper limits are reanalyzed using a four acid ore grade analysis. All samples referred to herein are grab samples. ALS Chemex is an internationally recognized independent laboratory operating to ISO 17025 quality assurance standards.

ABOUT KOOTENAY

Kootenay is an emerging exploration Company actively developing mineral projects in British Columbia, Canada and the Sierra Madre Region of Mexico. The Company's top priority remains the ongoing development of its 100% owned Promontorio Silver project, which encompasses the former producing Promontorio Silver Mine in Northwest Mexico.

Cautionary Note: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

NOTE: To view the map associated with this release, please click the following link: http://media3.marketwire.com/docs/ktn0429.pdf.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Kootenay Gold Inc.
    James McDonald
    CEO
    403-238-6986
    or
    Kootenay Gold Inc.
    Ken Berry
    President
    604-601-5652
    www.kootenaygold.ca