Company
CVE:KTN
Kootenay Silver Inc is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.
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Joint venture partner Aztec Minerals has finished the first 14 holes of a planned 5,000-metre, 22-hole Phase 2 program at the property, with just over 2,800 metres drilled to date
The B Vein is yielding “impressive” grades and widths of up to 1,050 g/t silver, according to Kootenay CEO James McDonald
The JV plans to drill a 22-hole, 5,000-metre reverse circulation drill program over the next three months to test four main targets
Drilling returned “excellent” grades, according to Kootenay, with intervals grading as high as 1,300 grams per ton (g/t) silver and 21 g/t gold, as well as 27% combined lead plus zinc
The company is actively engaged in the development of several major silver projects in Mexico, including the Columba and La Cigarra projects in Chihuahua, the Promontorio and La Negra projects in Sonora, and the Copalito high-grade silver-g
Aztec and Kootenay recently formed a 65/35 joint venture and the JV Management Committee met earlier this week to review and approve the Phase 2 drill program
Drill hole BDH-21-110 was the second-highest intercept to date at 13,545 gram-metres, which results from multiplying grams per tonne by number of metres drilled
The company said the application to increase its land holdings surrounding the Columba project to more than 10,000 hectares is in response to its “excellent” 2021 exploration results
Kootenay plans to release further results from the 2021 phase III drill program as they are received and analyzed by the company team
The discovery was made as part of the 2021 phase II drill program during expansion drilling east of the JZ Zone
The company expects the arrangement will increase shareholder value by allowing capital markets to ascribe value to the Canadian assets independently of the other properties held by Kootenay
