Kootenay Silver Inc. (TSX-V:KTN) has announced results from an additional three holes of ongoing diamond drilling at the Columba silver project in Mexico, which included 29 meters (m) of core-length averaging 208 grams per tonne (g/t) silver, 0.21% lead, and 0.46% zinc from 250m downhole.
The exploration company noted that the current program comprises a 12-to-15-hole campaign for a total of about 3,000m designed to extend known mineralization on the 'D Vein' target area at Columba.
The first holes of the current program are designed to extend the D Vein ahead of a follow-up program aimed to result in a maiden resource in late 2024.
"We are pleased that our planned drilling is intersecting D Vein consistently at expected target depths with a 100% hit rate to date for the D Vein,” Kootenay Silver CEO James McDonald said in a statement.
“The widths and grades we are seeing at D Vein are extremely encouraging and support our belief in the potential of defining a significantly sized silver resource. We are also starting to intersect additional mineralized veins flanking the main mineralized vein.”
In addition to the D Vein, Kootenay said it maintains a priority list of new vein targets and known vein extensions all warranting drill testing.
The company said additional assay results will be announced as they are received, after verification and interpretation.
Kootenay Silver is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico while continuing to provide its shareholders with significant leverage to silver prices.
Contact the author at stephen.gunnion@proactiveinvestors.com