VANCOUVER, British Columbia, October 5, 2017 /PRNewswire/ --

Highlights Include: 281 gpt Silver Over 48.7 Meters - 403 gpt Silver Over 31.80 Meters

Kootenay Silver Inc. (TSXV: KTN) (the "Company" or "Kootenay") is pleased to announce the results of 13 infill drill holes recently completed by Pan American Silver Corp. ("Pan American Silver") on its La Negra silver discovery, contained within the Promontorio Mineral Belt in Sonora, Mexico. The current definition drill program on La Negra is part of an option agreement between Kootenay and Pan American Silver that provides Kootenay with a series of work and cash commitments and is carried to production interest on La Negra.

Kootenay President and CEO James McDonald states, "We are very pleased with Pan American's work and the continued high-grade results achieved from the current infill drill program on La Negra. Assays continue to support the grades and widths encountered in previous drilling, further demonstrating the consistency and continuity of the high-grade silver mineralization contained within the resource. We are excited and look forward to Pan American completing the remaining 1,500 meters of the program and additional metallurgical work."

Drill highlights from LN 17-73 to LN 17-85 include: 

• LN-74-17: 306 gpt silver over 8.20 meters within 159 gpt silver over 34.30 meters and 597 gpt silver over 3.55 meters within 192 gpt silver over 17.10 meters
• LN-76-17: 3004 gpt silver over 1.95 meters, 2,146 gpt silver over 1.00 meter and 558 gpt silver over 5.35 meters within 281 gpt silver over 48.70 meters
• LN-81-17: 3018 gpt silver over 1.10 meters within 274 gpt silver over 21.00 meters and a separate interval of 388 gpt silver over 11.40 meters within 274 gpt silver over 21 meters
• LN-82-17: 1098 gpt silver over 8.85 meters within 403 gpt silver over 31.80 meters and a separate interval of 138 gpt silver over 29.25 meters
• LN-83-17: 674 gpt silver over 7.60 meters within 289 gpt silver over 38.70 meters and a separate interval of 236 gpt silver over 76.35 meters
• LN-85-17: 308 gpt silver over 12.15 meters within 174 gpt silver over 53.80 meters and a separate interval of 571 gpt silver over 5.35 meters

Click to view: Drill plan and cross sections.

A summary of the infill drilling within the mineralized zone is provided in the table below. 

   
                                      
                                       Silver  Gold  Copper   Lead   Zinc
    Drill hole  From    To    Interval  gpt    gpt    ppm     ppm    ppm       Breccia
               
     LN-73-17  151.15  152 .50   1.35     44   0.54   1381    2761    717   LN Bx Principal
               295.70  300.70    5.00     52   0.03    172     26      65   LN Bx Inferior
       Inc.    295.70  297.45    1.75     96   0.03    282     31      91   LN Bx Inferior
     LN-74-17  67.65    94.90   27.25     58   0.03    148    4193    325   LN Bx Principal
       Inc.    74.65    75.40    0.75    388   0.17    775    8639    332   LN Bx Principal
       Inc.    82.35    82.80    0.45    1014  0.26   3069    31900   3691  LN Bx Principal
               131.45  135.00    3.55     62   0.11    123    3189    165   LN Bx Principal
       Inc.    134.20  135.00    0.80    101   0.06    251    1167    118   LN Bx Principal
               175.70  192.80   17.10    192   0.18    286    7061    231   LN Bx Inferior
       Inc.    175.70  179.25    3.55    597   0.40    840    29289   415   LN Bx Inferior
       Inc.    176.35  178.10    1.75    881   0.42   1252    37700   576   LN Bx Inferior
               212.05  246.35   34.30    159   0.14    277     544    155   LN Bx Inferior
       Inc.    238.15  246.35    8.20    306   0.28    574     909    274   LN Bx Inferior
       Inc.    238.15  239.20    1.05    487   0.14    835    1062    368   LN Bx Inferior
       Inc.    243.85  246.35    2.50    487   0.29   1034     896    402   LN Bx Inferior
       Inc.    245.30  246.35    1.05    507   0.36   1127    1057    325   LN Bx Inferior
     LN-75-17  29.00    40.15   11.15    325   0.04    286    4068     78   LN Bx Principal
       Inc.    30.50    35.50    5.00    588   0.04    370    4731     83   LN Bx Principal
       Inc.    31.75    33.15    1.40    979   0.05   1129    4074     59   LN Bx Principal
               61.55    62.95    1.40    346   0.12    613    11900   432   LN Bx Principal
     LN-76-17  73.20   121.90   48.70    281   0.08    399    2590    175   LN Bx Principal
       Inc.    75.35    77.30    1.95    3004  0.43    885    1486    221   LN Bx Principal
       Inc.    76.40    77.30    0.90    3143  0.46    742    1197    190   LN Bx Principal
       Inc.    93.05    94.05    1.00    2146  0.34   3395    28800   438   LN Bx Principal
       Inc.    104.35  105.65    1.30    474   0.45   2260    12300   809   LN Bx Principal
       Inc.    116.55  121.90    5.35    558   0.11    851     387    248   LN Bx Principal
       Inc.    117.65  118.95    1.30    642   0.15   1052     645    349   LN Bx Principal
       Inc.    120.65  121.90    1.25    1029  0.15   1448     417    312   LN Bx Principal
     LN-77-17  47.55    53.25   5 .70     30   0.09    125    5933    188   LN Bx Principal
     LN-78-17  46.10    47.70    1.60     42   0.01    71      224    379   LN Bx Principal
     LN-79-17  34.45    45.65   11.20     34   0.01    108    1665    212   LN Bx Principal
       Inc.    43.60    44.25    0.65     66   0.01    61      224     76   LN Bx Principal
     LN-80-17   1.25    43.55   42.30     45   0.01    85     3365     93   LN Bx Principal
       Inc.     6.00    2205    16.05     72   0.01    115    2512    108   LN Bx Principal
       Inc.     6.00    9.95     3.95    167   0.01    118     866    214   LN Bx Principal
       Inc.     8.00    9.95     1.95    211   0,01    146    1152    220   LN Bx Principal
     LN-81-17  33.00    36.60    3.60    101   0.13    330    6545    566   LN Bx Principal
               46.10    48.00    1.90     83   0.01    216    13531   4118  LN Bx Principal
               72.55    73.75    1.20    156   0.06    298    1643    149   LN Bx Principal
               93.45    94.95    1.50    234   0.07    489    8396    140   LN Bx Principal
               117.20  138.20   21.00    274   0.09    528     736    175   LN Bx Principal
       Inc.    122.85  124.15    1.30    832   0.18   1209    1873    362   LN Bx Principal
       Inc.    129.15  129.95    0.80    739   0,13   1173     837    279   LN Bx Principal
       Inc.    136.45  137.55    1.10    3018  0.60   5612    2382    1055  LN Bx Principal
               158.50  205.40   46.90    137   0.13    200     535     88   LN Bx Inferior
       Inc.    159.40  170.80   11.40    388   0.09    617     51     211   LN Bx Inferior
       Inc.    159.40  161.25    1.85    1261  0.18   1936     87     534   LN Bx Inferior
       Inc.    159.95  161.25    1.30    1458  0.20   2234     95     599   LN Bx Inferior
     LN-82-17  45 .40   74.65   29.25    138   0.11    210    11245   272   LN Bx Principal
       Inc.    46.75    47.80    1.05    1111  0.22    901    32700   377   LN Bx Principal
       Inc.    57.60    62.45    4.85    242   0.24    417    18535   280   LN Bx Principal
       Inc.    62.00    62.45    0.45    463   0.98    976    22300   462   LN Bx Principal
               107.90  139.70   31.80    403   0.13    706     676    221   LN Bx Principal
       Inc.    128.75  137.60    8,85    1098  0.26   1515     388    365   LN Bx Principal
       Inc.    128.75  130.30    1.55    2102  0.29   3635    1391    909   LN Bx Principal
       Inc.    136.90  137.60    0.70    3759  0.46   3622     84     717   LN Bx Principal
     LN-83-17  52.50   128.85   76.35    236   0.10    401    1627    163   LN Bx Principal
       Inc.    72.75    74.55    1.80    1112  0.15   1733    3644    375   LN Bx Principal
       Inc.    100.40  106.95    6.55    1248  0.31   2234    1405    423   LN Bx Principal
       Inc.    100.40  101.85    1.45    3581  0.60   5890    2045    1029  LN Bx Principal
               174.40  213.10   38.70    289   0.16    491    1180    225   LN Bx Inferior
       Inc.    184.75  187.40    2.65    553   0.20    948    1695    274   LN Bx Inferior
       Inc.    195.30  202.90    7.60    674   0.10   1192     514    338   LN Bx Inferior
       Inc.    199.50  200.90    1.40    1330  0.14   2375     614    451   LN Bx Inferior
               231.05  238.10    7.05     61   0.02    72     1809    136   LN Bx Inferior
       Inc.    236.80  238.10    1.30    110   0.02    143     594    102   LN Bx Inferior
     LN-84-17  65.10    75.15   10.05     77   0.04    132    3787    197   LN Bx Principal
       Inc.    65.10    65.70    0.60    190   0.10    65     2659     33   LN Bx Principal
       Inc.    73.30    73.85    0.55    703   0.32   1304    27500   698   LN Bx Principal
               116.65  117.70    1.05    125   0.14    157    8859    204   LN Bx Principal
               131.80  133.10    1.30    120   0.13    159    9013    112   LN Bx Principal
               209.80  264.75   54.95     68   0.05    150     434    130   LN Bx Inferior
       Inc.    209.80  210.65    0.85    535   0.05    975    1338    504   LN Bx Inferior
       Inc.    225.80  233.30    7.50    209   0.18    348     808    343   LN Bx Inferior
       Inc.    231.65  233.30    1.65    400   0.05    824     918    482   LN Bx Inferior
     LN-85-17  39.05    44.40    5.35    571   0.25   2566    12143   609   LN Bx Principal
       Inc.    40.10    40.65    0.55    3735  2.26   21200   93300   2200  LN Bx Principal
               84.85    89.70    4.85     72   0.01    170    6279    336   LN Bx Principal
               121.65  175.45   53.80    174   0.09    263    2039    114   LN Bx Inferior
       Inc.    130.55  142.70   12.15    308   0.17    476    2602    176   LN Bx Inferior
       Inc.    137.80  139.75    1.95    913    040   1401    3131    392   LN Bx Inferior
       Inc.    162.65  167.10    4.45    779   0.20   1211     373    321   LN Bx Inferior
       Inc.    164.00  165.15    1.15    1363  0.26   2006     640    578   LN Bx Inferior

    Note: all intervals are downhole. Holes are oriented approximately perpendicular to
    the mineralized trends, and downhole lengths may be slightly shorter than the stated
    interval.

QA/QC 

Samples were assayed by Inspectorate of Hermosillo, Mexico, using four acid digestion 35 element ICP analytical methods with fire assay for Au and Ag with atomic absorption finish and gravimetric finish, respectively. Pan American has followed a Quality Assurance/Quality Control program comprised of the insertion of blank material and certified standard samples at a frequency of one each for every 20 samples. There is no known drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to in the table.

Qualified Persons 

The Kootenay technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed on behalf Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.

About Kootenay Silver Inc. 

Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of two of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.

Neither the 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. 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: 

The information in this news release has been prepared as at October 4, 2017. 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. 

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies.  Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay's expectations or any change in events, conditions or circumstances on which any such statement is based. 

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. 

This press release uses the terms "Measured", "Indicated", and "Inferred" resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economically or legally mineable. 

Media Contact:
James McDonald
CEO and President
+1-403-880-6016

Ken Berry
Chairman
+1-604-601-5652
+1-888-601-5650

visit: http://www.kootenaysilver.com