Kootenay Accelerates Work Programs; Results Pending

- July 14th, 2010

Kootenay Gold Inc. (CVE:KTN) reports on a  concurrent work programs underway.
In fulfilling its mandate to develop high potential precious metal discoveries, the company incurred $21.1 million in exploration expenditures of which $3.7 million in expenditures were billed to Joint Venture Partners over three year period.
James McDonald, CEO and President of Kootenay Gold says:
“The Promontorio with its demonstrated […]

Kootenay Gold Inc. (TSXV:KTN) reports on a  concurrent work programs underway.

In fulfilling its mandate to develop high potential precious metal discoveries, the company incurred $21.1 million in exploration expenditures of which $3.7 million in expenditures were billed to Joint Venture Partners over three year period.

James McDonald, CEO and President of Kootenay Gold says:

“The Promontorio with its demonstrated potential for multiple open pit scenarios remains a top priority for the company. Step-out drilling has identified areas with similar characteristics to the past producing Pit Zone which contain grades of 950 g/t Silver over 18.4 m. Continuous high IP chargeability between the mineralized Pit Zone and the Northeast Zone underlines the projects large-scale potential. Moreover, multiple untested priority drill targets suggest strong potential for a host of new discoveries within the property.”

For complete news release, click here.

For Kootenay Gold’s company profile, click here.

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