Joint Venture Programs

Kootenay's experienced exploration team has developed an impressive portfolio with multiple exploration discoveries during the last five yearsin the Rossland Republic Trend of British Columbia, Canada and the Sierra Madre Trend of Mexico.

Joint Venture Expenditures plus Share Payments

• Results in minimized dilution to Kootenay
• Increases exploration dollars spent on portfolio of properties
• Leverages success of exploration by holding shares in partner company
• Generates future sustainable growth

Copley Property (JV):

Exploration including; channel sampling, geologic mapping andprospecting have been conducted on the Copley property in the NechakoPlateau of north central B.C. Work during the 2010 season on the Copleyis part of a larger generative program looking for multi million ouncegold deposits within the Nechako Plateau, an area of B.C. that isconducive for the formation and discovery of such deposits. The recentdiscovery at the Blackwater-Davison property underscores the potentialof the area.

Santa Lucia (JV):

Santa Lucia is part of the Sierra Madre Occidental gold-silver belt,host to many epithermal deposits including: Mulatos, Dolores, PinosAlto, Ocampo, Suazal amongst many others. A conservative estimate ofgold reserves from these mines is at least $15 B
An exploration program will be determined by the partners with CopperCreek as operator. The main objective will be to drill test the CSAMTtarget and associated gold bearing structures.

Connor Creek (JV):

The property is located in south eastern British Columbia. Explorationconducted over the past few years has identified several clear gold andgold-copper-lead-zinc enriched zones as defined by geophysics, geologicmapping, rock and soil anomalies and ~1,850 meters of drilling. Two maintypes of mineralization found are; semi-massive sulfide vein withcharacteristics similar to the Rossland veins in nearby Rossland thatproduced nearly 3.0 million ounces of gold at an average grade of 0.4ounces per tonnes and disseminated sulfides hosted in zones of shearing.

Deer Creek (JV) :

The Deer Creek property comprises approximately 420 hectares. Severalstyles of mineralization have been recognized. Gold occurs within northtrending shear zones in quartz veins, veinlets and irregular fracturezones, commonly with minor copper or other base metal sulphides; within amapped and projected strike length of nearly 3km. Higher concentrationsand better grades appear to be associated with small east-trending,crosscutting fractures or faults, with hand sample values containing upto 23 g/t gold.

Jumping Josephine (JV) :

The 18,429.5 hectare gold project is located in the West Kootenay regionof British Columbia within a mining district boasting historicalproduction in excess of 9 million ounces of high-grade gold. Goldmineralization has been traced 900 m along strike and to vertical depthsup to 240m below surface; the zone is open on strike and at depth.
Drilling on the JJ Project in 2010 targeted three main areas around theJJ Main Gold Discovery: 1) the extension of the JJ Mainstructure/Highway showing; 2) JJ Main parallel zones northwest andsoutheast of known mineralization and 3) a single hole tested for apotential northerly plunge to the JJ Main zone. In addition three holeswere drilled at the Big Sheep soil geochemical anomaly, 5km southwest ofJJ Main.
The TSX just accepted Astrals option to earn the remaining 40% of thisproperty. Within the next year we will hold 4 million shares of Astral.They currently have approx 11.6 million shares outstanding.

Rosetta Stone Property (JV):

The 11,588 hectares is located in southeastern BC, Canada. The drillprogram will test two newly discovered gold showings named the "Road"and "Rosetta Stone" showings. The road showing is 94 m long and 4 to 6 mwide and can be projected for another 450 meters along strike; and theRosetta Stone showing is exposed for 40 m of strike over 2 to 4 m widebefore disappearing into overburden on both ends. Grab samples from theRosetta Stone showing up to 21.1 grams per tonne (gpt.), gold. Grabsamples from the Road showing ranged from background to a high of 17.0gpt. gold.

Ruby Steel (JV):

The properties of Chenier, Sweet Spot, Enigma and Ruby Steel comprise atotal of 8,664.6074 ha. located in the highly prospective Kootenayregion of southeastern British Columbia; Sweet Spot is proximal to therecent Iron Range discovery made by Eagle Plains Resources Ltd. andProvidence Capital Corp.


Espiritu (JV):

Mineralization and alteration at Espiritu is traceable in anortheasterly trend for approximately 4 kilometres and up to 800 metresin width. Greater than 0.100 g/t Gold was contained in 30 of the 150grab samples including values of 1.078, 1.359, 1.781, 2.39 and 3.6 g/t.Silver values include highs of 114, 133, 138, 182, 199, 215 and 302g/t. The average copper values from surface grab samples returned 0.27%(2700 ppm), including background levels. Lead returned values to 9.6%and zinc to 9.8%.


Source: http://www.kootenaygold.ca/s/JointVentures.asp?ReportID=152487