FILING OF NI 43-101 TECHNICAL REPORT ON PROMONTORIO SILVER PROJECT IN SONORA, MEXICO

Kootenay Silver Inc. has filed a technical report prepared in accordance with National Instrument 43-101 in support of the company's May 14, 2013, news release, which announces an updated mineral reserve estimate at its Promontorio silver project in Sonora, Mexico.

The independent technical report, entitled, "NI 43-101 Technical Report on Resources, Promontorio, Mexico," dated May 24, 2013, effective date of March 31, 2013, was prepared by SRK Consulting (U.S.) Inc. of Lakewood, Colo. The technical report was authored by Allan V. Moran, CPG, BSc, RGeol; Frank Daviess, FAusIMM, RM-SME; and Eric Olin, MSc, MBA, RM-SME, all qualified persons as defined by and independent of Kootenay for the purposes of NI 43-101 requirements, and who have prepared or supervised the preparation of the scientific and technical information contained herein. The technical report is available on SEDAR and will be available on the company's website.

The foregoing geological disclosure has also been reviewed and verified by Kootenay's chief executive officer, James McDonald, PGeo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.