Announcement Date: 2022-03-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Kootenay Silver Inc.
Project name: Cervantes
Location: Mexico
Commodities: Gold
Highlight: Drilling results incl. 138.32m @ 0.53g/t Au from 0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, Canada – March 22, 2022 – Kootenay Silver reports its JV with Aztec on the Cervantes Property continues to hit shallow and long intervals of oxide gold mineralization, Reported lengths are apparent widths, not true widths, and the observed gold mineralization appears to be widely distributed in disseminations, fractures and veinlets within quartz-feldspar porphyry, feldspar porphyry stocks and related hydrothermal breccias. Kootenay CEO James McDonald says “The Cervantes project continues to deliver wide intervals of oxide gold mineralization that remain open in all directions. The area now covers about 900 meters by 250 to 500 meters to a depth of 265 meters. We are looking forward to the remaining 8 holes of the current program.” The primary focus of the Phase 2 RC drill program at Cervantes is to expand the previously drilled California zone by completing two drill hole fences parallel to and on either side of the 2017-18 Phase 1 drill hole fence. To-date, every hole drilled at California has intersected near surface, oxidized gold mineralization with minor copper oxides. Drill samples cuttings are collected every 5 feet (1.52m) from all drill holes. The samples are analyzed by Bureau Veritas for gold with a 30-gram sample size using the method FA430 followed by MA300. Over limits, when present, are analyzed by AR404
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