Twitter Facebook LinkedIn YouTube

Kootenay Silver reports best intercept results to date from Columba high-grade silver project in Mexico, including 2,035 g/t silver over 6 meters

Video Platform Video Management Video Solutions Video Player

This particularly high-grade zone of hydrothermal breccias and stockwork in CDH-21-103 has now been hit in three holes, with hole CDH-030 from 2019 returning 982 gpt silver over 1.9 meters within 721 gpt silver over 4.07 meters and 200 gpt silver over 25.85 meters and hole CDH-060 from 2020 returning 608 gpt silver over 5 meters within 361 gpt silver over 11 meters and 229 gpt silver over 22 meters.

Additional Information:

Company: Kootenay Silver
Website: http://www.kootenaysilver.com
Stock Symbol: TSXV: KTN
Date Published: Oct 12, 2021
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Kootenay Silver, a Canadian and Mexican based silver exploration company, announced results for 6 additional drill holes from the Columba High-Grade Silver Project in Chihuahua State, Mexico.

Columba is just one of the company’s 5 major silver projects in Mexico.

These holes, CDH-21-102 to CDH-21-107, test across the J-Z trap zone some 700 meters east of the F vein.

Hole CDH-21-103 returned 2,035 gpt silver over 6 meters within 805 gpt silver over 17 meters and 333 gpt silver over 44 meters, along with a project high assay of 9,840 gpt silver over 0.92 meters.

This particularly high-grade zone of hydrothermal breccias and stockwork in CDH-21-103 has now been hit in three holes, with hole CDH-030 from 2019 returning 982 gpt silver over 1.9 meters within 721 gpt silver over 4.07 meters and 200 gpt silver over 25.85 meters and hole CDH-060 from 2020 returning 608 gpt silver over 5 meters within 361 gpt silver over 11 meters and 229 gpt silver over 22 meters.

James McDonald, President and CEO, stated: "This is a very exciting hit in hole 103 being the best drill hole to date. It indicates the high grades in holes 30 and 60 have continuity and show a vector in which to follow and expand this very high-grade zone. This certainly bolsters our confidence that the JZ area is another area on the property where high grade resource may be put together."

Also of importance is the intercept in CDH-21-106 of 316 gpt silver over 4 meters including 406 gpt silver over 2 meters.

This intercepted the O Vein some 300 meters along strike of hole CDH-21-101 which hit 459 gpt silver over 1.6 meters with 1,190 gpt silver over 0.5 meters.

These two holes appear to have both hit the O Vein opening up another large area of strike potential.

Hole CDH-21-107 likely hit O Vein with 111 gpt silver over 5.5 meters.

Other holes in the East Block are interpreted to have hit the structure too high to encounter good silver grades.

Gustavo Gallego, Chief Geological Engineer, added: "The hard work and commitment of our technical team has led us to the discovery and definition of the high-grade trap zone trend, we look forward to phase 4 drilling to be able to extend this zone and continue finding high silver grades at the same time that we discovered, defined and expanded the different targets at Columba. We reiterate our gratitude to our corporate office for allowing us to develop and execute our hypotheses."

Further results from the 2021 - Phase 3 Drill Program will be released as they are received and analysed by the Kootenay team.

The shares are trading at $0.215.

For more information, please visit the company’s websites www.kootenaysilver.com, or contact James McDonald, President and CEO at 403-880-6016, or Ken Berry, Chairman, at 604-601-5652.

I’m Cassandra Bolinski for Investmentpitch Media