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allowfullscreen="false" src="http://www.kootenaygold.ca/i/SectionPics/other_fla.swf" type="application/x-shockwave-flash" allowscriptaccess="sameDomain" height="644" align="middle" quality="high" width="281">		News Releases August 17, 2009 KOOTENAY EXTENDS WARRANT Vancouver, B.C. - Kootenay Gold Inc. TSX.V: KTN ("Kootenay") announces that it has, subject to regulatory approval, extended the expiration date of 2,750,000 unexercised share purchase warrants, which were originally expiring on August 29, 2009 by eighteen months to February 28, 2011. Each share purchase warrant remains exercisable at a price of $1.80 and if exercised the holder will receive one common share of Kootenay. All other terms of the share purchase warrants will remain unchanged. About Kootenay Kootenay is an emerging exploration Company actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company's top priority remains the ongoing development of its Promontorio Silver/Gold Project in Sonora State, northwest Mexico, which encompasses the former producing Promontorio Silver Mine. -30- For additional information, please contact: James McDonald, CEO and President at 403-238-6986 or Ken Berry, Chairman at 604-601-5652; 1-888-601-5650 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 statements. You can view the Previous News Releases item: Thu Jul 23, 2009, Kootenay Expands 3D IP Survey Over New Dorotea Discovery at Promontorio You can return to the main News Releases page, or press the Back button on your browser.

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