Kootenay Silver Announces 30,000 Meter, Multi-Phase, Drill and Resource Expansion Program Continues at Promontorio. First 8

Kootenay Silver Announces 30,000 Meter, Multi-Phase, Drill and Resource 
Expansion Program Continues at Promontorio. First 8 Holes Completed. Camp 
Facilities Upgraded 
Shares Outstanding: 56,488,850 
VANCOUVER, Jan. 17, 2013 /CNW/ - Kootenay Silver Inc. (TSX VENTURE: KTN.V) is 
pleased to announce following a scheduled two-week seasonal break, drilling 
has recommenced on its 30,000 meter, multi-phase drill and resource expansion 
program on its flagship Promontorio Silver Project in Sonora, Mexico. At 
present, a total of three core rigs are operating on site. 
Prior to the break a total of 8 core holes were completed with all 8 holes 
being drilled in the NE zone area. The holes were step out holes looking for 
extensions to known mineralization. Samples from the 8 holes have been taken 
and submitted for assaying and will be reported upon once received and 
compiled. Multi-phase drilling will now expand to the Dorotea area and 
southwest of the Pit Zone. The current 30,000 meter drill program, which is 
the largest drill campaign conducted on Promontorio to date, is designed to 
substantially increase the overall size of Promontorio's contained silver 
resource and to expedite the path to a production decision. 
States Kootenay CEO James McDonald "We are very pleased to ramp up drilling 
again at Promontorio and to report the first 8 drill holes of our program have 
been completed and sent for assaying. It promises to be a very exciting year 
ahead. Due to the accelerated nature of the program, shareholders can expect a 
steady stream of upcoming drill results coming from the Promontorio camp as 
our drill and resource expansion program reaches full capacity over the coming 
weeks and months." 
In other news, Kootenay's ground exploration team reports a promising new area 
of mineralization has recently been discovered in outcrops on the main 
northeast to southwest trending structure that hosts the NE and Pit resources. 
The new mineralization is considered important as it adds significantly to the 
strike extent of mineralization in the Diatreme Breccia Corridor, adding an 
additional 3 kilometers of potential to the mineralized trend. (For a map 
view: Click here or visit www.kootenaysilver.com) 
In conjunction with the multi-phase drill and resource expansion program, the 
Company further reports it has finalized the expansion of its on-site camp 
facilities at Promontorio to accommodate the recent increase in camp personnel 
and work force. Additions to the 3-shift, 24 hour per day fully serviced camp, 
include an upgraded cook house, new air-conditioned bunk houses and a fully 
equipped medical room. 
Current NI 43-101 Compliant Silver Resource 
The most recent updated NI 43-101 mineral estimate on Promontorio (See 
KOOTENAY News Release—August 21, 2012) contains a combined measured and 
indicated silver resource of 61,679,000 silver equivalent ounces. In addition 
to the measured and indicated silver resources, there are an additional 
14,469,000 silver equivalent ounces in the inferred category. (Measured and 
Indicated resources are contained in open pit resources of 36,018,000 tonnes 
grading an average of 51.35 g/t silver equivalent and underground resources of 
2,216,000 tonnes grading an average of 48.75 g/t silver equivalent. Inferred 
resources are within open pit resources of 9,136,000 tonnes grading an average 
of 42.86 g/t silver equivalent and underground resources of 3,077,000 tonnes 
grading an average of 53.90 g/t silver equivalent). 
The foregoing geological disclosure has also been reviewed and verified by 
Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of 
National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. 
McDonald is a director of Kootenay. 
Kootenay Silver Inc. is actively developing mineral projects in the Sierra 
Madre Region of Mexico and in British Columbia, Canada. Its flagship property 
is the former producing Promontorio Silver mine in Sonora State, Mexico. 
Kootenay's objective is to develop near term discoveries and long-term 
sustainable growth. Its management and technical team are proven professionals 
with extensive international experience in all aspects of mineral exploration, 
operations and venture capital markets. Multiple, ongoing J/V partnerships in 
Mexico and Canada maximize potential for additional, new discoveries while 
maintaining minimal share dilution. 
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 
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 
For additional information, please contact: 
James McDonald, CEO and President at 403-238-6986 
Ken Berry, Chairman at 604-601-5652; 1-888-601-5650 
or visit:www.kootenaysilver.com 
SOURCE: Kootenay Silver Inc. 
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CO: Kootenay Silver Inc.
ST: British Columbia
-0- Jan/17/2013 14:00 GMT
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