KS Klondike Silver Corp

Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce
that lateral drifting westerly has commenced from the underground west extension
of the main access "4625 Level" of the Silvana Mine. This heading is starting to
cross-cut the lode structure intersected in a recent drill program (see news
release August 27, 2009). The planned 100 meter drift is the first into a 1.5 km
long unexplored, underground segment of the productive and historic "Main Lode"
structure which is the principal source of the Slocan mining camp's
silver/lead/zinc production.


"We are pleased to announce the commencement of this new drift into an area of
the Slocan that has never been explored," comments Company President, Richard
Hughes. "Intersecting the lode structure this early in our underground efforts
is extremely encouraging as over 1.5 km of unexplored ground remains to be
tested. Our efforts are now focused on determining whether or not this extension
of the lode structure is mineralized and if so to what extent."


To view a map of the 2009 drilling and target area please click on the following
link (if the link does not open cut & paste it into your browser address bar):


http://www.klondikesilver.com/i/pdf/NewMailLodesection.pdf

The initial underground diamond drilling program consisted of four BQ size holes
totaling 363.6 meters. Geology intersected in the initial drilling includes
structure having characteristics typical of the Main Lode as mined in the
Silvana mine. These characteristics are interpreted as belonging to this major
and important feature whose location and identification are critical factors in
the exploration effort.


The Main Lode is over 8 km long, extending from Silverton on Slocan Lake in the
west to Sandon in the east through the "Silver Ridge" of the Selkirk mountains
approximately 50 km north of Nelson, BC.


Silvana mine production to date is approximately 8 million ounces of silver and
over 30,000 tons each of lead and zinc from approximately 550,000 tons of
millfeed mined from a 1.5 km section of the Main Lode under Silver Ridge. The
section was explored, developed and mined from by the Silmonac Syndicate and its
successors including Kam-Kotia Mines Limited, Silvana Mines Inc., Dickenson
Mines Limited and Treminco Resources Ltd. almost continuously from 1970 to 1993,
until low metal prices resulted in its closure.


The Company holds the ground on the next approximately 1.5 km to the west of
this productive zone, to within 500 meters of the Mammoth mine. The current
program represents the first attempt since the early 1990's to explore westerly
towards the Mammoth and the other major Main Lode producers towards Silverton.


The Qualified Person for the purpose of National Instrument 43-101 is Ed Craft,
PEng, who has read and agreed with the technical information in this news
release.


About Klondike Silver:

Klondike Silver Corp. has assembled a quality portfolio of silver properties in
historic mineral districts in North America, and is applying advanced
exploration technologies to add value to these core assets. Klondike Silver is
reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous
Klondike district of Yukon Territory. The Company owns a 100 TPD fully
operational flotation mill in Sandon, BC, which is currently processing material
from one of its Yukon properties and local mines in the historic Slocan Silver
Camp.


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.


Visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox
interviews with Company President, Richard Hughes.


The statements made in this news release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Company's expectations and projections.

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