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Re:   News Releases - Thursday, June 11, 2009
      2009 Regional Exploration Program Underway in the Slocan Silver
      Camp
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VANCOUVER, BC - Klondike Silver Corp. (TSX.V: KS) (the 'Company') is
pleased to report that its 2009 exploration programs,  focusing mainly
on testing targets generated last year in the Sandon Silver Camp of
south-central British Columbia, has begun.

Klondike Silver is the dominant landholder in the Slocan Camp, which
has produced more than 24 million ounces of silver plus by-product base
metals since the late 1800s. The land package includes ten historic
mines and a 100-tonne-per-day mill. 

The Company's 2008 exploration efforts were divided into a regional
program focused on five main project areas --- Hewitt-Van Roi,
Silverton Creek, Jackson Basin, Payne and Mount Con --- and surface and
underground programs focused on targets and past-producing mines in
close proximity to the fully permitted Sandon mill.  The 2008 regional
programs included soil geochemical surveys covering an area of about
1,400 hectares, several ground geophysical surveys, a contracted
prospecting program, geological mapping, ground acquisition and a
limited trenching program.

Most of the Company's recent exploration has focused on the
Wonderful-Sandon Area, which includes several past-producers in the
Slocan camp, notably the Silvana, Ruth Hope and Wonderful mines. This
work concentrated on the Wonderful vein system, which was explored by
geochemical and geophysical programs followed by diamond drilling and
trenching. Underground exploration, drilling and drifting was also
conducted to explore underground veins and their potential extensions.

.. In 2009, the Wonderful-Sandon Area will be further explored by
surface programs including trenching. Additional underground programs
are also underway. Systematic geological mapping of creeks and road
exposures is a priority for the 2009 season as little modern geological
mapping has been done in the Sandon Area. Surface exploration in 2009
will test geochemical targets identified in 2008, notably in the area
south of Carpenter Creek.

The Cody Creek Area east of the Wonderful-Sandon Area is a high
priority target as it contains several silver-rich occurrences and
occurs along strike of the larger past-producers in the Sandon Camp.
Work in 2008 included a soil geochemical program that identified
silver-lead anomalies, and prospecting that identified old workings.

.. In 2009, mapping, ground geophysics and trenching of at least four
newly identified silver-lead anomalies are proposed for the Cody Creek
Area.



REGIONAL EXPLORATION TARGETS

The 2009 regional exploration program will focus on the best targets
identified during the 2008 season in each of the five main discrete
areas.

For a regional exploration map of the Slocan Silver Camp click on the
following link:

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

.. Hewitt-Van Roi: This area includes the past-producing Hewitt and Van
Roi Mines, which produced about 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). Soil geochemical programs identified several coincident
silver and lead anomalies that may define an unexplored portion of the
Hewitt-Van Roi vein systems. A gold anomaly and separate zinc and lead
anomalies were also discovered. In 2009, a ground geophysical program
is proposed to better define the central silver-lead anomaly west of
the Hewitt Mine. Permits to trench the separate silver, zinc and lead
anomalies have been submitted for approval.

.. Silverton Creek: Past exploration of this rugged area south of the
Sandon camp focused mainly on the ridges and testing along strike of
occurrences and past-producers (Ivanhoe, Canadian, Wakefield and Adams
Lode). The 2008 program in this area was limited to the ridge and north
slopes. Further mapping and prospecting are proposed for the southern
part of the area, on the southern slopes of Selkirk Ridge, along with a
soil program on the north slopes of this ridge to test for
mineralization between known vein systems.

.. Jackson Basin: This area includes the past-producing Jackson Mine,
the largest producer on the property, the Stenson area and several
high-grade veins located to the west. The 2008 program successfully
identified a high-grade silver-lead-zinc vein near the main Jackson
portal, several small vein occurrences just west of the mine workings
and along a prominent silver-lead soil anomaly and a large silver
anomaly 600 meters north of the Jackson Mine workings. Further work
including trenching is planned for the 2009 season.

.. Payne Mountain: This area encompasses several past-producing
deposits, including Payne (110,605 tonnes averaging 1,058 g/t silver
and 15.7% lead). The 2008 program generated several new prospects,
including the Ridge anomaly, that warrant further evaluation through
mapping and prospecting, ground geophysical surveys, trenching and
geochemical soil surveys.

.. Mount Con: Located 5 km east of Sandon, this area has few-past
producing mines. Prospecting and soil geochemistry in 2008 focused on
rediscovering two historic showings, Utica-Noonday and Silver Apex.
Zinc mineralization on trend with Utica Noonday was discovered by
prospecting in 2008, along with small exploration pits and shallow
adits northeast of the discovery. Further ground work is planned for
this season, including mapping and prospecting.

The Qualified Person for the purpose of National Instrument 43-101 is
Dr. Trygve H�y, PGeo, PHd who has read and approved the contents of
this news release.



About Klondike Silver

Klondike Silver has established a regional exploration office in
Roseberry to direct the regional program. In addition to these core
assets in the Slocan Silver Camp, the Company holds projects in the
historic Gowganda and Elk Lake silver camps of Ontario, silver-rich
polymetallic targets in the Klondike district of the Yukon Territory,
and has optioned or acquired concessions in under-explored historic
mineral districts of Mexico.

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 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
expectations and projections.

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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 Thu Jun 11, 2009 at 4:02:30 PM Pacific Time
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