KTN.V · 2019-03-20 12:00:00

Kootenay Announces High Grade Sampling Results in New Zone at Mecatona Property, Parral Silver Mining District, Mexico

Drill Results Sampling & Geoscience Results

Kootenay Announces High Grade Sampling

Results in New Zone at Mecatona Property,

Parral Silver Mining District, Mexico

VANCOUVER

March 20, 2019

/CNW/ -

Kootenay Silver Inc. (TSXV: KTN) (the "Company" or

"Kootenay")

is pleased to announce recent mapping and sampling results from ongoing surface

exploration at its 100% owned Mecatona Property (the "Property"), located in the Parral Silver

Mining District and southeast of the Company's flagship La Cigarra Project in Chihuahua State,

Mexico

Click on this link to view the Property location

Reconnaissance exploration recently completed at the Mecatona Property was successful in the

discovery of a previously unknown silver, copper, gold zone hosted in pervasive skarn-altered Lower

Cretaceous turbidites of the Mezcalera Group. Silver, copper, gold and anomalous cobalt

mineralization is distributed in a 200 by 400 meter zone with apparent uniformity. Highlights of the

program include

51 samples (29 chips averaging 1 meter in length, 17 grabs and 5 dump)

taken across the new zone returning silver values averaging 110 gpt with a high of 486 gpt

silver

Additional highlights of all samples taken within the mineralized zone include 12 of 51

samples grading > 100 gpt silver with 86% returning values greater than 20 gpt silver

Furthermore, the average of all 51 samples measured for copper was 1.7% with 30 samples

returning greater than 1%. To view details of the sampling results please see the table below.

Previous high-grade results were reported in the Company's news release of

October 29, 2018

Based on the length of mineralized structures, adjacent producing properties and the context within

the Parral-San Francisco Del Oro-Santa Barbara mineral camps, Kootenay believes the Mecatona

Property has the potential to host high grade vein type silver deposits. Follow-up work will be

directed to systematic sampling of all old workings to establish the apparent continuity of

mineralization and establishment of a data base to prepare for exploration drilling.

Mecatona Sample Results

Sample_

Sample

Type

Silver

gpt

Gold

ppb

Copper

ppm

Lead

ppm

Zinc

ppm

FC2670ch

CH (1.0m)

3440

190

FC2671ch

CH (0.5m)

154

13300

570

FC2672ch

CH (0.7m)

8720

420

FC2673ch

CH (1.0m)

20600

330

FC2674ch

CH (1.0m)

23000

580

FC2675ch

CH (1.0m)

134

33900

420

FC2676ch

CH (1.0m)

123

103

55500

310

620

FC2678g

145

104

29600

530

FC2679ch

CH (1.0m)

179

251

47300

1550

FC2680ch

CH (1.0m)

285

156

30200

100

860

FC2683f

133

170

5250

5000

FC2684ch

CH (1.0m)

240

350

MM018g

135

278

24000

960

MM019d

330

5610

590

MM020ch

CH (0.9m)

14100

-20

290

MM021d

1350

MM022d

373

836

1280

64500

90800

MM023ch

CH (1.0m)

14800

420

MM024g

2040

170

MM025g

366

10300

200

450

MM029g

24700

130

820

MM030g

14400

450

350

MM031g

5040

530

MM032d

208

23500

100

610

MM033ch

CH (1.6m)

13200

530

MM034g

137

30100

-20

390

MM042g

130

1170

1270

MM043g

171

8020

230

MM044ch

CH (2m)

12500

150

600

MM045ch

CH (1.1m)

116

180

5160

4620

RG149g

418

640

27900

590

RG150g

383

27600

420

RG151g

2380

220

RG152ch

CH (0.4m)

1010

RG153d

377

556

95100

310

RG154ch

CH (1.2m)

101

19350

580

RG155ch

CH (1.0m)

21300

510

RG156g

1940

330

RG157g

7030

150

440

RG161g

15800

410

RG162ch

CH (2.2m)

141

10900

-20

230

RG163ch

CH (0.5m)

105

24200

710

RG164ch

CH (1.5m)

170

19900

540

520

RG165ch

CH (1.3m)

139

41300

1110

RG166ch

CH (0.9m)

41300

470

RG173ch

CH (1.0 m)

200

215

270

49600

8410

RG174ch

CH (1.0m)

165

24400

100

760

RG175d

436

5920

650

220

RG192g

6030

900

TR1575D

5610

130

250

*G: grab sample, CH: chip-channel sample, F: float sample, SC: subcrop sample, D: dump sample.

Geologic Description

Mineralization associated in the new zone is oxidized to assorted limonites with most of the copper

mineralization hosted in the limonites. Depth of oxidation remains unknown. Mineralization occurs as

a range of textures that includes bedding replacement, fracture/stockworks and disseminations,

patches and hairlines. Quartz veins are not common with one dump sample showing anomalous gold

(0.84 gpt), silver (373 gpt) and 16% lead and zinc. One location of unoxidized material, from an

underground working showed chalcopyrite, bornite, arsenopyrite, pyrrhotite, galena, sphalerite in

quartz and carbonate fracture/vein/gash system. The skarn is all fine grained marked by dense hard

white to greenish beddings with local garnets and marble noted. The mineralization and high

temperature skarn association is similar to parts of the mineralization settings of

Santa Barbara

San

Francisco

silver camp situated only 20 kilometers northwest.

Elsewhere on the Mecatona Property, a silver-dominant epithermal mineral system is hosted in veins

and breccias within a Tertiary rhyolitic caldera. One anomalous silica structure has been traced for

over 1.7 kilometers and remains open along strike with silver values of 291, 205, 194, 190 and 169

gpt having been obtained from these epithermal veins. Early stages of exploration by the Company

have also outlined other anomalous areas including a northeast trending zone outlined by stockworks

and quartz veinlets within an 80-meter-wide argillic alteration zone. Several small active mines

operated by local gambusinos, located 1.5 kilometer west of the Property, are reported to host high

grades greater than 1 kg/ton silver at depth.

Sampling and QA/QC

Surface samples reported herein are a combination of grab, chip and panel chip. All technical

information for the Mecatona exploration program is obtained and reported under a formal quality

assurance and quality control ("QA/QC") program. Samples are taken under the direction of qualified

geologists. Samples are then labeled placed in plastic bags, sealed and with interval, location and

sample numbers recorded. Samples are delivered by the Company via courier to ALS Minerals

("ALS") in Chihuahua. The samples are dried, crushed and pulverized with the pulps being sent

airfreight for analysis by ALS in

Vancouver, B.C.

Systematic assaying of standards, blanks and

duplicates is performed for precision and accuracy. Analysis for silver, zinc, lead and copper and

related trace elements was done by ICP four acid digestion, with gold analysis by 30-gram fire

assay with an AA finish.

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.

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.

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.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

The information in this news release has been prepared as at

March 19, 2019

. 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.

SOURCE

Kootenay Silver Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/March2019/20/c2186.html

%SEDAR: 00016508E

For further information:

James McDonald, CEO and President at 403-880-6016; Ken Berry,

Chairman at 604-601-5652; 1-888-601-5650 or visit: www.kootenaysilver.com

CO: Kootenay Silver Inc.

CNW 08:45e 20-MAR-19

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