|Jun 25, 2009|
Kootenay Strengthens Board of Directors with Former Placer Dome Executive
Hermosillo, Mexico - Kootenay Gold Inc. ("Kootenay") (TSX Venture: KTN) is pleased to announce Brian Groves has joined the board of directors. Brian has worked in the mining and exploration industries for more than 29 years. A graduate of The University of Sydney, Australia, Brian began his career in exploration as a geophysicist in Australia. He has been involved with junior, mid-tier and major companies such as AMAX Minerals, Noranda and Placer Dome where he served for 12 years rising to the position of Manager of Corporate Development, Canada. Currently, Brian serves as CEO of Skygold Ventures (TSX Venture: SKV) where he guides development of a multi-million ounce gold resource.
Brian Groves commented, "Having just completed a visit to Kootenay's Promontorio Silver/Gold Project, I am pleased with the results of the systematic exploration completed to date and based on these results, the potential to develop a large silver/gold ore body in Mexico. The trenching, mapping and modeling now underway will provide excellent targets for the next round of drilling at Promontorio. I feel confident my network of contacts, combined with my technical and corporate development experience will complement the Kootenay team."
Brian Groves brings an impressive range of knowledge and experience to the board of directors", said Jim McDonald, CEO of Kootenay. "His integrity and commitment to excellence are attributes we welcome as we advance Promontorio."
Kootenay has also issued an aggregate total of 1,065,000 incentive stock options exercisable for a period of five years at a price of $.65 per share to directors, officers, consultants and employees of the company.
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.
For additional information, please contact:
James McDonald, CEO at 403-238-6986
Ken Berry, President at 604-601-5652; 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: 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: Thu Jul 23, 2009, <html><FONT COLOR="FF6600"><b>PROMONTORIO - </b></font></html>Kootenay Expands 3D IP Survey Over New Dorotea Discovery at Promontorio
You can view the Previous News Releases item: Mon May 25, 2009, <html><FONT COLOR="FF6600"><b>PROMONTORIO - </b></font></html>Kootenay Completes Forty-Seven Trenches Totalling 2,613M At Promontorio; Mapping & Sampling Returns Assays Of Up To 24.9 g/t GOLD And 269 g/t SILVER
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