News Releases

	March 01, 2007 GENERATIVE - Exploration update on the Connor Creek Property
	Kootenay Gold Inc. (KTN-TSX.V) is pleased to announce the results of a successful 2006 Connor Creek exploration season conducted under a Joint Venture Agreement with Amador Gold Corp. The property is located approximately 16 km NE of Castlegar, B.C. During the 2006 season geophysical, geochemical and geological surveys were completed resulting in the discovery of several excellent geochemical and geophysical anomalies. A total of 350 line kilometers of airborne geophysical survey using AeroTem II time domain EM and high cesium Magnetometer were flown and 3.0 square kilometers of soil grid was established to follow up on anomalies identified in 2005. A total of 685 soil samples were taken from the extended grid. Results of the 2006 season are very encouraging. The extended soil grid has now established a broad area of anomalous gold, copper, lead, zinc and silver across the 1.2 by 3.2 kilometer grid. There are 5 distinct groupings of soil anomalies variably associated with northwest magnetic low lineaments, north or northeast trending magnetic highs, EM anomalies and shearing, silicification, sericitization and sulfide mineralization hosted in Jurassic aged sediments within 100 to 200 meters of Jurassic aged granodiorite intrusives. Values in soils range from background to a maximum of 1554 ppb (parts per billion) for gold, 2.2 ppm (parts per million) for silver, 604 ppm for copper, 216 ppm for lead and 4382 ppm for zinc. (1,000 ppm = 1 gram and 10,000 ppm = 1%). A summary of the 5 distinct soil anomalies are: The northwest end of the grid a broad zone about 1 kilometer square in area with coincident copper (57 to >170 ppm), lead (20 to >72 ppm), zinc (160 ppm to >704 ppm) and gold (16 ppb to >123 ppb). A strong EM anomaly 200 by 300 meters in size is coincident with the higher values of copper, lead, zinc and gold. The original Powerline showing forms an area of anomalous gold in soils (16 ppb to 1554 ppb) along a north south trend 1.5 kilometers long by 50 to 150 meters and open at both ends. The northern 800 meters of this anomaly contains better than 39 ppb gold. Previously reported grabs of rock samples returned 6184 ppb, 7277 ppb, 11,920 ppb gold. Gold is associated with a silicified shear with disseminated pyrrhotite, pyrite, arsenopyrite and chalcopyrite adjacent and parallel to a magnetic high. A coincident lead, zinc and arsenic anomaly sitting on the western edge mid way down the grid this anomaly is open to the north and south. Lead values are 20 to >72 ppm, zinc values are >162 ppm and arsenic varies from 14 to > 80 ppm. Sitting to the southeast of anomaly 2 this northeast trending anomaly consists of coincident copper, zinc, lead silver and gold along a 1.0 kilometer by 300 meter area open to the northeast. Copper values are > 57 ppm and zinc values vary from 162 to > 704 ppm. The lead, silver and gold values appear as discrete bulls eyes. A single circular EM anomaly 100 meters wide sits upslope at the edge of the soil anomaly. The soil anomaly also sits along the edge of a northeast trending magnetic high. This anomaly overlies and extends the mineral occurrence the Debbie. Located in the southeast corner of the grid coverage this anomaly is a strong north south trending silver dominant anomaly 450 meters by 125 meters and open at both ends. Silver is > 0.5 ppm over the entire length with the northern 200 meters being greater than 0.9 ppm. Coincident lead, zinc and copper anomalies occur with the silver. The geochemical anomaly sits on the flank of a magnetic high. Besides the magnetic and EM anomalies mentioned above there are 4 EM anomalies outside of the grid coverage. The largest is 350 by 90 meters and has the min file occurrence called the Hungary Man at its southern edge. The remainder of the anomalies are circular and from 100 to 125 meters across. The min file occurrence known as the Root corresponds with a north trending magnetic high within sediments of the Ymir Group. An extensive program of trenching and drilling along with soil sampling to close off open anomalies and geologic mapping are all planned for 2007. Jim McDonald, P.Geo, is a qualified person for the purposes of National Instrument 43-101 and has approved the contents of this news release Option Agreement Under the terms of the agreement Amador Gold has the right to earn a 50% interest in the Connor Creek property from Kootenay. The option calls for Amador to expend $1-million in exploration and issue 400,000 shares to Kootenay over four years. If commercial production is reached, an additional 250,000 shares of Amador are payable to Kootenay (see December 16, 2005 news release). About Kootenay Kootenay is an emerging exploration Company actively developing a suite of premier gold and silver projects in British Columbia, Canada and Mexico. The Company's top priority remains the ongoing aggressive development of its rich Promontorio Silver project, which encompasses the former producing Promontorio Silver Mine in Northwest Mexico. Supported by an experienced and accomplished technical team, over the past four years Kootenay has substantially grown its mineral asset base through key acquisitions, while successfully achieving four new mineral discoveries in the Rossland Republic Gold Trend of British Columbia. -30- For additional information, please contact: James McDonald, CEO at 403- 238-6986 or Ken Berry, President at 604-683-2214; 1-888-268-8688 www.kootenaygold.ca The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: 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.

	You can view the Next News Releases item: Mon Mar 5, 2007, <html><FONT COLOR="0066CC"><b>GENERATIVE DISCOVERIES - </b></font></html>Kootenay Expands Regional Exploration in the Rossland Republic Gold Belt of British Columbia You can view the Previous News Releases item: Mon Jan 15, 2007, <html><FONT COLOR="0066CC"><b>FINANCING - </b></font></html>Kootenay Closes $2million Financing You can return to the main News Releases page, or press the Back button on your browser.