Announcement Date: 2022-08-16
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Kootenay Silver Inc.
Project name: Columba
Location: Mexico
Commodities: Silver,Lead,Zinc
Highlight: Drilling results incl. 11.3m @ 449g/t Ag, 0.3% Pb, 0.66% Zn from 81.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, Aug. 16, 2022 /CNW/ – Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce results from the first six holes of the Phase 4 drilling program on the Columba High-Grade Silver Project in Chihuahua State, Mexico. The previously announced 15,000-meter drilling program is designed to extend known mineralization and to test additional veins across the target-rich Columba Silver Project. The results detailed below extend known mineralization at both the D Vein and F Vein targets. Kootenay Silver’s President and CEO Mr. James McDonald stated “We are extremely pleased with the new results from Columba. Each of the holes was designed to extend the F and D veins beyond previous drilling, in some cases returning high silver grades which we expect from this project. As work continues to discover high grade shoots at Columba, we see increasing potential to identify a significant silver resource.” The D Vein is a northwest striking, silver-bearing epithermal vein with associated mineralized quartz stockwork and hydrothermal breccia. The D Vein remains open in all directions. Kootenay has intercepted the D Vein over a strike length of 425 meters to a depth of roughly 340 meters with assays pending. The holes reported herein (CDH-22-115, CDH-22-117 and CDH-22-119) test and extend the northwestern end of the D Vein, with a best result from CDH-22-119 of 0.89 meters grading 1,550 gpt silver, 0.95% lead and 4.5% zinc.
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