KS Klondike Silver Corp

Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce
the completion of the first phase of a drilling program testing in the Hewitt -
Van Roi area in the southern part of the Slocan camp. Four holes have been
drilled in the first-phase of this program to test for extension of structures
and mineralization to the west, beyond the known workings. Upon completion of
these initial holes the Company may initiate a second phase, dependent on
results and weather limitations. Due to the high elevation of the target area
the second phase may be postponed until the following spring. The Company is
also drilling underground in the past producing Silvana Mine.


To view a map of the Hewitt - Van Roi and other areas of exploration in the
Slocan Camp click on the following link:


http://www.klondikesilver.com/i/pdf/08-07-02-Slocan-3.pdf

The Hewitt - Van Roi exploration area includes the past-producing Hewitt and Van
Roi Mines, which produced approximately 400,000 tonnes averaging 300.5 g/t
silver and 2.8% lead (Van Roi) and 529 g/t silver and 1.5% lead (Hewitt). During
the 2009 spring/summer regional exploration program the Company completed a
number of soil grids and geophysical surveys, focusing on the area immediately
west of the Hewitt Mine. Targets identified from these surveys are guiding the
current program.


Several holes defined small structures, one containing minor sulphides, that
paralleled the Hewitt vein system. The final hole in this initial phase
discovered a wide structural zone, on strike with the Hewitt vein and believed
to the extension of the lode system. Further drilling of this structure is
warranted, in order to locate potential mineralization within it.


Data collected from drilling will be compiled and used in the planning of the
Company's 2010 spring/summer regional exploration program.


The Qualified Person for the purpose of National Instrument 43-101 is Trygve
Hoy, PEng, PhD 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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