Kootenay Silver Inc. V.KTN

Columba Silver Deposit From KTN Website

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PROJECT HIGHLIGHTS:

• Unexplored high-grade vein system with no evidence of any exploration in modern times;

• Past producing silver mine (~1900-1910); hosts numerous classic epithermal high-grade veins measuring 10+ kilometers of strike over widths of 6+ meters; Historic* mine records indicate grades of 600 to 900 gpt silver;

• Underground workings include 4 shafts and 6 levels of drifts measuring over 1,000 meters in length (70k to 100k tonne estimated production); historic sampling grades include:

• • 1900 gpt silver over 4 meters
  • 679 gpt silver along 133 meters of vein strike and 1.3 meters of vein width
  • 618 gpt silver along 218 meters of vein strike and 0.9 meters of vein width

• Kootenay surface samples highlights completed in 2018 and 2019:

• • 330 gpt Ag over 2 meters chip 
  • 692 gpt Ag over 0.8 meters chip
  • 360 gpt Ag over 1.8 meters chip
  • 426 gpt Ag over 0.7 meters chip
  • 275 gpt Ag over 3.5 meters chip
  • 182 gpt Ag over 6.6 meters chip

• Highlights from the Company's drill programs include:

 

• • Hole CDH 19-41 (Twin of CDH-19-008) : 650 gpt silver over 7.45 meters within a wider interval of 159 gpt silver over 39.9 meters intercepting banded quartz vein (F Vein);
  • Hole CDH-19-038: 628 gpt silver over 1.5 meters within a wider interval of 301 gpt silver over 4.63 meters and 175 gpt silver over 10.0 meters in the B Vein. Quartz, quartz-barite veins and veinlet stock work and silicified rhyolite
  • Hole CDH-19-030: 982 gpt silver over 1.9 meters within an intercept of 721 gpt silver over 4 meters and 415 gpt silver over 11.5meters.This intercept is within a new type of mineralization hosted within silicified breccias in close proximity to a distinct lithologic contact. The overall interval averaged 200 gpt silver over 25.85 meters intercepting quartz veinlets and hydrothermal breccias across the J Vein structure
  • Hole CDH-19-005: 775 gpt silver over 1.15 meters within 2 meters of 518 gpt silver and 230 gpt silver over 4.83 meters. (F Vein)
  • Hole CDH 19-009:  519 gpt silver over 2.90 meters including 1,070 gpt over 0.90 meters in a hanging wall vein and a separate intercept of 50 gpt silver over 10.40 meters followed by a 3.0-meter mined stope or tunnel interpreted as the F Vein.
  • Hole CDH 19-011: 648 gpt silver and 0.64 gpt gold over 1.0 meter within 245 gpt silver over 5.0 meters and 133 gpt silver over 11 meters in the F Vein with two separate footwall veins intercepted: 228 gpt over 1.2 meters and 102 gpt over 1.87 meters.
  • Hole CDH 19-012:  699 gpt over 2.1 meters, 113 gpt silver over 1.35 meters, and 113 gpt silver over 0.6 meters in three separate hanging wall veins and 755 gpt silver and 1.16 gpt gold over 1.75 meters within 476 gpt silver and 0.66 gpt gold over 3.15 meters and 184 gpt silver and 0.21 gpt gold over 11.0 meters in the F Vein.

• Detailed results of the first 60 reported drill holes can be seen in the table listed on the following link: COLUMBA_DRILL_RESULTS