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Market: TSX-V
Sector: General Mining
Epic: KTN
News: Latest news
Web Site: Kootenay Gold Inc
Other Articles: 26-02-201014-01-201006-01-2010

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Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Tuesday March 16, 11:50Gulf Resources: a burgeoning industrial minerals force in Africa

A new force in industrial minerals is taking shape in Africa, following on from Gulf's acquisition of world class vermiculite assets from Rio Tinto International in 2009.  

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Kootenay Gold Inc

Kootenay Gold Inc

Kootenay Gold Inc. is an exploration and mining Company focused on the exploration and development of its top priority Promontorio Silver/Gold Project situated within the mineral rich Sierra Madre trend of Mexico. Encouraging results from ~20,000 meters of drilling on the Promontorio suggests the possible existence of a large Porphyry system similar to major producing deposits within the region.

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Monday, May 25, 2009

Trenching results confirm gold-silver mineralizaion over 950 meters at Kootenay Gold’s Dorotea Zone

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Kootenay Gold (TSX-V:KTN) confirmed that it had completed 2,613 meters of trenching around the Promontorio Mine in Mexico. The forty-seven trenches were designed to test for gold-silver mineralization previously identified from prospecting and known showings around the historic mine.

Eleven of the forty-seven were dug, mapped and sampled at the Dorotea Main and Dorotea North-West which make up the Dorotea Zone.  All eleven trenches at the Dorotea Zone intersected a silicified shear/breccias zone over 950 meters. While the trench results were as expected, Kootenay Gold noted that further work would be required: “There is approximately 500m of untested strike between [Dorotea Main and Dorotea North-West] due to overburden and steep slopes. Grab sampling suggests that mineralization is present along the strike extent of the Dorotea structure; however, its location between the two trenching areas is not yet defined.”

Kootenay Gold went on to report that the Dorotea structural zone comprises of several phases and types of breccias and semi ductile shearing that may extend over 60 meters in width and 1000 meters in strike to the north-west. “The structure has strike potential beyond the 1000 meters as it projects into the Pit Discovery area some 1600 meters to the southeast and is covered to the northwest by post mineral conglomerates,” the company added. “Steep dip and apparent lateral extent combined with highly anomalous drill and grab sampling values make this a highly attractive target.”

Kootenay additionally reported the remaining batch of surface grab samples from previous prospecting. The grab samples reinforced previous data released: gold and silver assays warrant further investigation.

Jim McDonald, CEO of Kootenay commented, "The Dorotea Zone remains a high priority target for trenching and additional drilling. The structure has good strike potential and may project into the Pit Discovery area 1600 meters to the southeast. The Dorotea Zone is known to contain significant values of gold and silver as demonstrated from surface samples and drill results in 3 holes drilled during 2008 that included 6 meters grading 5.92 gm/t Au and 167.20 gm/t Ag within 13.5m grading 2.78gm/t Au and 77gm/t Ag in KP-55 from a 3m depth; while 47 drill holes at the Pit Discovery have encountered wide-spread mineralization in an area measuring 300m by 300m on surface and to a 450m depth."

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