KS Klondike Silver Corp

Klondike Silver Corp. (TSX-V: KS) (PINKSHEETS: KLSVF) is very pleased to report that approval has been received from a smelter to begin shipment of the concentrate held in inventory at the Sandon Mill near New Denver, BC. Trucking of the concentrate has been arranged to begin this week and will continue until the entire inventory has been cleared.

The Company further reports that delivery of the 3000-ton bulk sample to Sandon from the Stump property in the Yukon continues on schedule and is expected to conclude by October of this year. The mineralization of the 80-ton bulk sample delivered from the same property in 2007 assayed 40% lead and 40 oz silver per ton.

Management is encouraged with the process being made in arranging for the sale and delivery of the concentrate and looks forward to the positive cash flow it will create.

About Klondike Silver

Klondike Silver Corp. has assembled a quality portfolio of silver and silver-rich poly-metallic properties in historic mineral districts of North America, and is applying advanced exploration technologies to add value to these core assets.

Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with a stellar track record of discovery and development in Canada.

Distributed by Filing Services Canada and retransmitted by Marketwire

Contact Information Corporate Inquiries: Kevin Hull or Alan Campbell (604) 685-2222 Email: Email Contact Or visit Klondike Silver's Website: www.klondikesilver.com to see Smartstox interviews with our Company President. AGORACOM Investor Relations Email: Email Contact Website: http://www.agoracom.com/ir/KlondikeSilver Klondike Silver Corp. #711-675 West Hastings Street Vancouver, B.C. Canada V6B 1N2 Telephone: (604) 685-2222 Fax: (604) 685-3764 www.klondikesilver.com