Kootenay Silver Inc. (TSX-V:KTN) has announced continued progress at its Columba high-grade silver project in Mexico, saying to date the company has completed 135 diamond drill holes for a total of 27,000 meters (m), testing a series of northwest-southeast and northeast-southwest trending epithermal quartz-calcite veins.
The exploration firm said highlights of the drill program included 650 grams per tonne (g/t) silver over 17.8m from the D Vein.
"The ongoing surface mapping and prospecting at Columba continues to increase our understanding of this caldera hosted, silver-dominant epithermal vein system," Kootenay Silver CEO James McDonald said in a statement.
“Our team continues to identify and refine extensions of known mineralized veins and our work has also identified new veins, as yet undrilled," he added.
Kootenay noted that the next phase of drilling will prioritize expanding the D Vein, where there are multiple high-grade hits over wide intervals open in both strike directions and to depth and where intercepts to date indicate a mineralized shoot with the potential to host a “very significant” number of silver ounces in one single zone.
As well, the company reported that of the three land access agreements due for renewal this year, two are now signed with a third in the final stages of negotiation.
It added that completion of the agreements will provide Kootenay access to drill vein targets out to the edges of the inferred mineralized system.
During 2023 surface exploration has continued to refine targets, and drilling is anticipated to recommence upon completion of the land access agreements, Kootenay Silver stated.
Kootenay Silver 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.
Contact Sean at sean@proactiveinvestors.com