Kootenay Silver Inc. (TSX VENTURE: KTN.V) ("Kootenay") is pleased to announce assay results from a further three drill holes as part of its ongoing, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. Current drilling is focused on a series of high-grade silver intercepts recently identified within breccia silver mineralization situated between the Pit and NE Zones. (See June 4, 2013 news release). The Company reports drilling continues to encounter high-grade mineralization. At present, results are pending on 14 additional drill holes that have been completed and will be reported on as results are received and compiled.
States Kootenay Silver President and CEO James McDonald "We are extremely pleased with current drill results. The current drill intercepts are contained within the project's 1.5 km, Single Whittle Pit Shell and show the high-grade breccia zone extending an additional 75 meters down dip to depth in previously untested areas of the Northeast zone. The holes sit adjacent to and outside of the inferred resource blocks. The extension of this priority zone stands to play a major factor in our ongoing resource expansion, as we continue to hit high grades and build continuity of mineralization in this newly recognized corridor of mineralized breccia. "
All drill holes reported were drilled using HQ sized diamond drill core and drilled by B.D Drilling Mexico, S.A. de C.V of Guadalajara, Mexico. Further.
Quality Assurance and Control procedures and details on assays procedures and laboratories used are disclosed on the Kootenay Silver Inc. website.
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 Kootenay.
ABOUT KOOTENAY
Kootenay Silver Inc. is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Its flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. Kootenay's objective is to develop near term discoveries and long-term sustainable growth. Its management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: The information in this news release has been prepared as at November 12, 2013. Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms.