Kootenay Silver Inc. Highlights Recent Drill Results
Kootenay Silver Inc. (OTCQX: KOOYF) is thrilled to provide insights into the recent drilling accomplishments at the Columba High Grade Silver Project. This initiative is part of an extensive 50,000-meter drill program designed to explore and reveal more about the rich silver vein systems located in Mexico. The current drilling efforts aim to enhance the expansion of known reserves.
Overview of the Columba High Grade Silver Project
The Columba project represents one of the most promising silver finds in recent years, showcasing an inferred mineral resource of 54.1 million ounces based on a grade of 284 grams per tonne. The ongoing drilling centers on extending the known mineralized structures that remain open across all directions. The project rests in a geological setting ideal for discovering silver, facilitating a work program that aims to exploit its potential.
Drilling Innovations and Results
Recent drilling focused on two main trends: the D Vein and the Lupe/B2 Vein systems, strategically placed to maximize efficiency and results. The results so far have shown considerable promise, revealing various mineralized intercepts at significant depths, particularly on the D Vein, where aggressive extension drilling has already begun.
D Vein Results
The D Vein drilling involved a systematic approach where holes were placed at intervals of roughly 100 meters to identify extensions of the known mineralization. Notable highlights from the drilling results include:
- CDH-25-225: This hole yielded remarkable intercepts, including 7.0 meters with an impressive grade of 186 grams per tonne of silver.
- CDH-25-223: Displayed veins grading 135 grams per tonne over 14.83 meters, illustrating a wide resource thickness that remains open at depth.
Lupe/B2 Vein Insights
Shifting focus to the Lupe/B2 vein systems, results have indicated potential for substantial widths and compelling grades. Drilling here has also revealed multiple silver-bearing structures, further reinforcing its viability as a significant target:
- CDH-25-222: Encountered several silver-bearing structures, averaging 299 grams per tonne of silver over 7.6 meters.
- CDH-25-221: Showed combined intervals of good grading intercepts, proving the system's robustness.
Future Exploration Plans
As the drilling program continues, Kootenay Silver is committed to enhancing its operational capabilities, which includes ongoing assessments on both the Lupe and B2 systems. Future drilling campaigns seek to increase the number of rigs to expedite the drilling schedule.
James McDonald, the President & CEO, expresses optimism about the ongoing drilling, saying, "We're excited by the results from the D Vein and are focusing on extending our understanding of the Lupe and B Veins. The findings thus far are promising, and we continue to see considerable development potential in the region."
Corporate Developments and Funding Update
The company has also extended its marketing agreement with Sideways Frequency LLC, illustrating a strategic move to bolster its market presence. With a focus on increasing accessibility and outreach, Kootenay Silver is dedicated to maintaining open lines of communication with its investors and stakeholders. The company is currently funded to fulfill its ambitious drill program, aiming for substantial results that can significantly augment its silver resource portfolio.
About Kootenay Silver Inc.
Kootenay Silver Inc. focuses on exploring and developing mineral projects within Mexico's Sierra Madre region, maintaining a diverse portfolio aimed at maximizing shareholder value through silver market leverage. The company is adamant about augmenting its existing resources while seeking new silver discoveries.
Frequently Asked Questions
1. What recent drill results have been announced by Kootenay Silver?
Kootenay Silver recently reported significant drill results highlighting both D Vein and Lupe/B2 vein systems, indicating substantial mineral intercepts.
2. How is the Columba project structured?
The Columba project is designed to explore a high-grade silver vein system, with a planned drilling program spanning 50 thousand meters.
3. What does Kootenay Silver aim to achieve with its ongoing drilling?
The company aims to significantly expand its silver resources while exploring new mineralized zones within the Columba project.
4. Who is the CEO of Kootenay Silver Inc.?
The President & CEO of Kootenay Silver Inc. is James McDonald, who leads the company's strategic directions and exploration endeavors.
5. What is the significance of the silver grades found in recent drills?
High silver grades in recent drills reflect the potential profitability of the Columba project, indicating successful mineralization and exploration efforts.
