Description
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.
Share Price
In-depth Kootenay Gold Inc Proactive Investors Articles
Recent Kootenay Gold Inc news
- 08/03/2010 Kootenay Gold joins Alberta Star’s bid for Sterling Mining
- 26/02/2010 Kootenay Gold and Orestone Mining reports drill results from Conner Creek
- 14/01/2010 Step out drilling at Kootenay Gold’s Promontorio Silver Project hits high grade silver-lead-zinc over 3 meters
- 06/01/2010 Kootenay Gold ratchets up drilling pace in Mexico and Canada
- 16/12/2009 Astral in option deal with Kootenay to take full control of Jumping Josephine project for C$2 mln and 4 mln shares
Related Media
Presentations & Company Media
01/06/2008 Kootenay Corporate Presentation (Presentation)
Related Research & Media
No Documents available.
Company Statement:
Kootenay generated four gold/silver discoveries and raised ~$30 million since 2007. The treasury remains strong throughout current market conditions, enabling management to fast track exploration at Promontorio, expand its current drill program and continue working for 2-3 years without need of further financing.
Drilling on Promontorio continues to encounter widespread, high-grade mineralization to a depth of 650 meters. The Discovery Zone has identified a rich area approximately 200 meters by 300 meters in plan by 440 meters vertically, still open on three sides and at depth. Step out drilling (more than 1,600 meters from the original Discovery Zone) found very encouraging ag/au results. This new "Dorotea Zone" will be a focus within the completion of the current 35, 000 meter program. The additional 100+ holes will test a large 1.6 km 3D IP Anomaly identified on the project and newly discovered mineralized zones in the surrounding 90,000 hectare property.
Objectives
Create shareholder value through discovery and acquisition of mineral resources
Generate exploration targets that demonstrate potential to evolve into large scale discoveries
Establish joint venture partnerships on high risk, high reward properties
Current Operations:
Promontorio Silver Project,Sonora, Mexico
Setting the stage for advanced exploration and development
Acquisition of rich Promontorio Silver Project
For Kootenay, the milestone acquisition of the Promontorio Silver project represents the culmination of over 2 years of intense negotiating with former property holders and the Mexican Ministry of Mines. Cash and equity commitments exceeding $2million secured the right to a 100% registered and beneficial interest in the highly sought after Promontorio project, which consists of contiguous claims covering a total area of approximately 90,000 hectares.
Drilling encounters widespread mineralization
Kootenay has completed Phase I and II exploration programs, consisting of; an airborne geophysical survey, ground geophysics, geological mapping, till sampling, prospecting along cut grid lines, 3D IP Survey and more than 10,000 meters of detailed drilling. [READ MORE]
For full drill results of the Promontorio project please CLICK HERE
For details on Kootenay's joint ventures please CLICK HERE
For details on further exploration possibilities please CLICK HERE
Management
James McDonald, PGeo
Position: President & CEO
Ken Berry, BComm
Position: Chairman & Director
Brian Groves, BSc Geophysics
Position: Director
Joseph Giuffre, BA LLB
Position: Director
Richard Hughes
Position: Director
Dr. Tom Richards, PGeo, BSc, PhD
Position: Vice-President of Exploration
Dr. Tony Starling, BSc PhD
Position: Regional Exploration, Mexico
Raj Kang, CMA
Position: CFO & Corporate Secretary
Joseph Church
Position: Advisor
For further details please CLICK HERE
Major Shareholders
|
|
|
37,054,600 |
|
7,752,470 |
|
3,691,250 |
|
48,498,320 |
|
~$12 million |
Contact Information
Canada
Kootenay Gold Inc.
Suite 920 - 1055 W. Hastings St.
Vancouver, British Columbia
Canada V6E 2E9
604-601-5650
1-888-601-5650
FAX: 604-683-2249
Mexico
Kootenay Gold Inc.
Francisco Gonzalez Bocanegra No. 91
Alvarado y Yocupicio
C.P.83150 Col. Periodista,
Hermosillo, Sonora
Mexico
Corporate Information
Corporate Registered Office:
Axium Law Corporation
Suite 3350, Four Bentall Centre
1055 Dunsmuir Street
PO Box 49222
Vancouver, British Columbia
Canada V7X 1L2
Transfer Agent:
Computershare Investor Services Inc.
510 Burrard Street 3rd Floor
Vancouver BC
Canada V6C 3B9
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