Vancouver, BC, February 6, 2014 - Silver-Investor.com's David Morgan interviews Kootenay Silver's Raj Kang, CFO. Kootenay Silver (TSXV:KTN) is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Its flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico.
This video interview can be viewed at InvestmentPitch.com. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Kootenay" in the search box.
Jim McDonald, President & CEO of Kootenay stated, "Mexico is a mature mining jurisdiction with high mineral endowments and high discovery rates. In a short period of time Kootenay has proven up 92 million measured and indicated ounces."
On February 5, 2014, the company report it has completed mapping, core logging and compilation of results from its recently completed 5,500 meter phase of the 2013 drill and resource expansion program on its Promontorio Silver Project.
The 2013 multi-phase, drill and resource expansion program successfully established mineralization along, throughout and to at least 400 meters of the recently identified Central Breccia Zone situated between the Pit and Northeast Zones. Results indicate excellent potential exists for the establishment of continuity of mineralization between the two zones.
In April 2013, Agnico-Eagle Mines purchased 6,250,000 units at a price of $0.76 per unit, an investment of $4.75 million. As a result of the transaction, Agnico-Eagle owned 9.96% of Kootenay's issued and outstanding shares on a non-diluted basis.
Sean Boyd, President and CEO of Agnico-Eagle commented, "We are pleased to be involved with the advancement of Promontorio, a project that will continue to benefit from Kootenay's capable exploration team. This investment is also consistent with our desire to increase our presence in Sonora State."
In October 2013, PI Financial has updated coverage on Kootenay Silver. Following the release of positive assays, analyst Philip Ker reiterated his buy recommendation and 12-month target price of $1.00, a premium of 59% to the $0.63 price the day the report was issued. A video summary of the report is available for viewing on InvestmentPitch.com.
For more information, please visit the company's website www.kootenaysilver.com, or contact James McDonald at 403-238-6986.
David Morgan is a widely recognized analyst in the precious metals industry and consults for hedge funds, high net worth investors, mining companies, depositories and bullion dealers. He is the publisher of The Morgan Report on precious metals, author of "Get the Skinny on Silver Investing", and a featured speaker at investment conferences in North America, Europe and Asia. For the latest on silver, please visit www.silver-investor.com.
InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases and research reports.
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Source: InvestmentPitch via Globenewswire
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