- Kootenay Silver (TSXV:KTN) released the final results from its current drilling program at the Columba Silver Project in Mexico
- The program totals 12 holes for a total of 3,052.8 metres designed to extend known mineralization on the “D Vein” target area at Columbia
- The Vancouver-based miner stated that it had completed more than 30,000 metres in 147 holes since 2019 and the team said the current drilling at the D Vein target provides strong justification for resumption of work in the new year
- Kootenay Silver Inc. last traded at C$1.16 per share
Kootenay Silver (TSXV:KTN) released the final results from its current drilling program at the Columba Silver Project in Mexico.
The program totals 12 holes for a total of 3,052.8 metres designed to extend known mineralization on the “D Vein” target area at Columba. The results represent the final two drillholes for 2023.
Situated in the prolific Silver Belt region of Chihuahua, Mexico, the Columba High Grade Silver Project is a past-producing silver mine that is host to numerous classic epithermal high-grade veins measuring more than 10 kilometres of strike over widths of more than six metres.
In a news release, the Vancouver-based miner stated that it had completed more than 30,000 metres in 147 holes since 2019 and the team said the current drilling at the D Vein target provides strong justification for resumption of work in the new year.
“This drill program has returned excellent results expanding on the size of high-grade D Vein silver mineralization,” Kootenay’s president and CEO, James McDonald said. “The zone is open in both strike directions and to depth exhibiting excellent potential for further expansion. It is very exciting to think of the potential when two of our easternmost holes leave the zone wide open with high grade holes of 501 and 532 gpt silver over true widths about 4 to 5 metres within fat intervals of 228 gpt and 338 gpt silver over true widths around 12 to 9 metres respectively.”
Selected highlights for drill holes CDH-23-146 and CDH-23-147:
CDH-23-146
- 501 gpt silver, 0.3 per cent lead, and 0.7 per cent zinc over 10.26 metres from 173 metres downhole within a broad 24.26 metres of 228 gpt silver (all core length) including;
- 2,123 gpt silver and 1.3 per cent lead and 2.2 per cent zinc over 1.54 metres from 177.82 metres downhole including;
- 0.54 metres of 4,120 gpt silver, 3.4 per cent lead, and 2.8 per cent zinc from 178.82 metres downhole.
CDH-23-147
- 532 gpt silver, 0.2 per cent lead and 0.7 per cent zinc over 8.19 metres within;
- 338 gpt silver, 0.1 per cent lead and 0.4 per cent zinc over 17 metres and 219 gpt silver and 0.3 per cent zinc over 28 metres from 157 metres downhole including;
- 777 gpt silver, 0.6 per cent lead and 0.7 per cent zinc over 1.0 metres from 173 metres downhole and
- 914 gpt, 0.3 per cent lead and 0.7 per cent zinc silver over 1.0 metres
Kootenay Silver Inc. is engaged in the discovery and development of mineral projects in the Sierra Madre region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects in mining districts in Sonora, state and Chihuahua, state, Mexico.
Kootenay Silver Inc. last traded at C$1.16 per share and has risen 45 per cent in the past month.
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