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Re:   News Releases - Monday, October 26, 2009
      Klondike Silver Corp. Completes Drilling at Hewitt -- Van Roi
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.. DRILLING TESTS NUMEROUS SOIL ANOMALIES WHERE SIGNIFICANT OVERBURDEN
LIMITS TRENCHING

VANCOUVER, BC --- Klondike Silver Corp. (TSX-V: 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 H�y, 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.

Contact Information:

Corporate Inquiries:  Kevin Hull or Alan Campbell, (604)-685-2222
 Email: info@klondikesilver.com
Or visit Klondike Silver's web-site: www.klondikesilver.com to see
Smartstox interviews with Company President, Richard Hughes.
AGORACOM Investor Relations
Email: KS@agoracom.com;    Website:
http://www.agoracom.com/ir/KlondikeSilver

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy or contents of this news release.

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
expectat

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Copyright (c) 2009 KLONDIKE SILVER CORP. (KS)  All rights reserved.
For more information visit our website at
http://www.klondikesilver.com/ or send mailto:info@klondikesilver.com
Message sent on Mon Oct 26, 2009 at 10:23:01 AM Pacific Time
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