www.kootenaysilver.com
Kootenay Silver is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company’s flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. Encouraging results from ~60,000 meters of drilling at Promontorio suggests the possible existence of a large Porphyry system similar to major producing deposits within the region. The objective of the current 25,000 meter drill program is to substantially build on and expand the existing NI 43-101 silver resource identified on the project by AGP Mining Consultants in 2010. Two diamond drill rigs are currently operating on Promontorio.
Kootenay’s management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution. The Company's objective is to develop near term discoveries and long term sustainable growth
Kootenay encounters 706 g/t silver equivalent over 16 metres at Promontorio
Kootenay Gold (CVE:KTN) Tuesday unveiled assay results from an additional 20 drill holes from its resource definition program on its flagship Promontorio silver project in Sonora, Mexico.
The 25,000 metre, multi-phase, step out drill program is currently ongoing. The company said the multi-rig diamond drilling program continues to yield exceptional results, extending from the pit discovery zone across the central 1 kilometre mineralized corridor.
The strike continuity of silver mineralization in the southwest zone connecting to the NI 43-101 pit resource has now been extended from 140 metres to 300 metres.
In the northeast zone, which sits 700 metres outside of the current NI 43-101 pit resource, mineralization along strike is now 210 metres.
Kootenay CEO James McDonald said: "We continue to consistently hit multiple intercepts of high-grade silver mineralization confirming and extending continuity of the pit resource and southwest zone.
"In the Northeast Zone we also continue to hit multiple high-grade silver zones as demonstrated by the 706 grams per tonne (g/t) silver equivalent in hole 88. These are exciting developments for the future prospects of Promontorio as we move toward an updated NI 43-101 resource estimate."
Among the highlights from the northeast zone, hole DH 88 over 16 metres encountered 706 g/t silver equivalent.
DH 87 returned 104 g/t silver equivalent over 22 metres, including 5 metres of 208 g/t silver equivalent, with three other composited intervals including 32 metres of 70 g/t silver equivalent, 3 metres of 175 g/t silver equivalent and 3 metres of 205 g/t silver equivalent.
At DH 94, the company encountered 74 g/t silver equivalent over 15 metres including 6 metres of 110 g/t silver equivalent.
Highlights from the southwest zone included DH 82, encountering 115 g/t silver equivalent over 109 metres including 15 metres of 189 g/t silver equivalent.
DH 81 returned 120 g/t silver equivalent over 35 metres of silver equivalent while in the pit northeast zone, DH 97 found 107 g/t silver equivalent over 104 metres.
Kootenay Gold is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada.
