Kootenay Zinc prepares to drill target at SullyKootenay Zinc prepares to drill target at Sully Kootenay Zinc Corp (C:ZNK)
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Thursday April 20 2017 - News Release
Mr. Hugh Rogers reports
SULLY PROJECT GEOPHYSICAL, PERMITTING AND DRILLING UPDATE
Kootenay Zinc Corp. is providing the following update on its Sully exploration project in Fort Steele, B.C. Spring breakup conditions have dramatically improved, and the project team has commenced several concurrent activities, including preparations for drilling hole SY17-12 at the E1S target.
Geophysics
Excel Geophysics has completed an additional 180 gravity stations at the E1 anomaly since mobilizing on April 12, 2017, bringing station spacing there to roughly 20 metres by 20 metres. The new gravity work will assist in improved targeting of that anomaly but will also help in benchmarking the appropriate station spacing to develop equivalent mass models for the other anomalies at Sully. Once work at E1 is completed, the geophysical crew will continue their field work over E2, E3 and E4 to provide definition of these recently identified and larger magnitude gravity anomalies.
Permitting and related studies
The project team reports it is now in receipt of an approved Notice of Work (NOW) permit for all planned drilling at Sully, including tests of the E2, E3 and E4 anomalies identified in late 2016. As the field season progresses and additional targeting information is acquired the team will evaluate access opportunities and priorities for subsequent drill sites such that drilling can continue seamlessly through the field season.
Drill Hole SY17-12 at E1S Target
FB Drilling has now mobilized to the site and is setting up at a new collar approximately 50m south of the SY17-10/11 site to test the E1S target described previously. Drilling will be undertaken using the same methodology and approach as previous holes, including: tools to minimize deviation of the hole and to provide oriented core for measurement of structural features. DDH SY17-12 will be oriented at a dip of -45 degrees toward east and the target is expected to be intersected between 200m and 300m.
As described in previous news, drill targeting at E1S is intended to provide proof-of-concept, specifically that the gravity masses indicated are caused by massive sulphides. If successful, drilling will be expanded to test all of the EAST anomalies once their mass models are completed. The Sully project team is excited to test and determine the composition of these gravity masses.
About Kootenay Zinc Corp.
Kootenay Zinc Corp. is a mineral exploration and development company based in Vancouver, British Columbia that is presently targeting the Sully Property. The Company is focused on discovering large-scale sedimentary-exhalative ("SEDEX") deposits.
The Sully Property comprises 1,375 hectares located approximately 30 kilometres east of Kimberley, B.C., and overlies rocks of similar age and origin as those which host the world-class Sullivan deposit, owned by Teck Resources Ltd. Sullivan was discovered in 1892, and is known to be one of the largest SEDEX deposits in the world. Over its 100-year lifetime, Sullivan produced approximately 150 million tonnes of ore, including approximately three hundred million ounces of silver, eight million tonnes of zinc and eight million tonnes of lead. The equivalent level of strata as at Sullivan and that formed on the margin of that same basin are present at the Sully Property. The Company cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Sully Property.
The scientific and technical information contained in this news release has been reviewed and approved by the Company's Project Manager, Paul Ransom, P.Geo., a "Qualified Person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects.
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