Kootenay Silver Inc. V.KTN

Kootenay set to drill 15K meters @ Columba

[basserdan]

Kootenay Silver Set to Commence 15,000 Meters of Drilling at Columba High-Grade Silver Project, Mexico

May 6, 2022

Kootenay Silver Inc. (TSXV: KTN; OTC: KOOYF) (the “Company” or “Kootenay”) is pleased to announce drill crews are on site at the Columba high-grade silver project (the “Property”), located in Chihuahua State, Mexico in preparation to begin the 2022 drill program. Two diamond core drills are scheduled to arrive within the next few days.

Drilling for this 15,000-meter program will focus on several areas on the property, including:

* The F Vein; host to historic high-grade silver underground workings (4 shafts and 6 levels of drifts) measuring over 1,000 meters in length;
* D, and B Veins located 800 metres south and along strike from the F Vein;
* JZ Zone located 700 meters east of the F Vein; and
* East Block located 200 meters east form the JZ Zone.

Initial focus of this program will be on deeper drill testing on the F Vein and expanding on the D and B Vein intercepts. This plan follows up promising results from previous drill programs highlighted by these examples of many:
F Vein
CDH-19-41: 787 gpt silver over 5.95 meters within 650 gpt silver over 7.45 meters and 159 gpt silver

D Vein
CDH-21-110: 932 gpt silver over 6.07 meters within 650 gpt silver over 17.8 meters and 453 gpt silver over 29.9 meters

B Vein
CDH-21-82: 1186 gpt silver over 4.6 meters within 9 meters of 691 gpt silver

JZ Trap Zone:
CDH-21-103; 2035 gpt silver over 6 meters within 805 gpt silver over 17 meters and 333 gpt silver over 44 meters

East Block:
CDH-21-101: 1190 gpt silver over 0.5 meters within 459 gpt silver over 1.6 meters

Sampling and QA/QC at Columba
All technical information for the Columba exploration program is obtained and reported under a formal quality assurance and quality control ("QA/QC") program. Samples are taken from core cut in half with a diamond saw under the direction of qualified geologists and engineers. Samples are then labeled, placed in plastic bags, sealed and with interval and sample numbers recorded. Samples are delivered by the Company to ALS Minerals ("ALS") in Chihuahua. The Company inserts blanks, standards and duplicates at regular intervals as follows. On average a blank is inserted every 100 samples beginning at the start of sampling and again when leaving the mineral zone. Standards are inserted when entering the potential mineralized zone and in the middle of them, on average one in every 25 samples is a standard. Duplicates are taken in the mineralized zone, on average 1 to 2 duplicates for each hole.

The samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS in Vancouver, B.C. Systematic assaying of standards, blanks and duplicates is performed for precision and accuracy. Analysis for silver, zinc, lead and copper and related trace elements was done by ICP four acid digestion, with gold analysis by 30-gram fire assay with an AA finish. All drilling reported is HQ core and has been contracted to Globexplore Drilling from Hermosillo, Sonora, Mexico.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Qualified Persons
The Kootenay technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf of Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.

About Kootenay Silver Inc.
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.

For additional information, please contact:
James McDonald, CEO and President at 403-880-6016
Ken Berry, Chairman at 604-601-5652; 1-888-601-5650

or visit: www.kootenaysilver.com

https://www.kootenaysilver.com/news/kootenay/2022/kootenay-silver-set-to-commence-15000-meters-of-drilling-at-columba-high-grade-silver-project-mexico