NEWS Kootenay Silver drills 40.8 m of 194 g/t Ag at La Negra 2017-04-03 08:10 ET - News Release
Mr. James McDonald reports
KOOTENAY ANNOUNCES CONTINUED HIGH-GRADE RESULTS FROM 2016 DRILL PROGRAM ON LA NEGRA OPERATED BY PAN AMERICAN SILVER
Kootenay Silver Inc. drilling has returned more high-grade silver intercepts from the remaining six holes of the 2016 drill program conducted and operated by Pan American Silver Corp. on its La Negra silver discovery within the Promontorio project located in Sonora, Mexico. The definition drill program on La Negra is part of an option agreement between Kootenay and Pan American Silver that provides Kootenay with a series of work and cash commitments and a carried-to-production interest on Promontorio. Of the six drill holes reported in this release four were drilled into the La Negra Breccia with two into a target south of the breccia. Pan American Silver is scheduled to recommence drilling in late June to early July, 2017.
Kootenay president and chief executive officer James McDonald stated: "We are very pleased with results from the final holes of our 2016 drilling program on La Negra with Pan American Silver. The consistent confirmation of multiple zones of high-grade silver mineralization within a 600-metre strike length of the breccia, remaining open at depth, supports further work on the Promontorio/La Negra project. Upcoming exploration and drilling by Pan American Silver will focus on defining the potential size of the magmatic hydrothermal silver-lead breccia and testing additional targets."
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