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Kootenay Silver Inc.

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Summary

Project:

Columba

Deposit:Columba
Location:Mexico
Commodities:Lead-Zinc-Silver
Date:7/16/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-7-2020: Kootenay Silver Inc. announces an Exploration/Drilling Update report for its Columba deposit at the Columba project. Drilling results incl. 42.43m @ 61g/t Ag, 0.03% Pb, 0.12% Zn from 100.92m. Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “
Resources:x
CP/QP:[Overall Report] James McDonald (Internal)
ABSTRACT:Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to report results from an additional 5 drill holes from the high-grade Columba Property (the “Property”) located in Chihuahua State, Mexico. These holes are step outs along strike and to depth from high-grade intercepts previously reported in the Phase-II drill campaign (the “Program”). Kootenay President and CEO James McDonald stated: “These results show excellent continuity and grade along the F Vein for 700 meters of strike length and depths to 240 meters. Having established at least one well mineralized shoot within the F Vein over a substantial area we will now focus on testing other veins on the Property. Priority areas include the J-Z vein area where last year hole CDH-19-030 returned a 25.85 meter intercept grading 200 gpt silver and included highs of 982 gpt silver over 1.8 meters, 415 gpt silver over 11 meters and 721 gpt silver over 4 meters!” Mineralization on the F Vein remains open along strike and to depth and continues to be a promising target for further investigation after other veins have been explored. To date the spacing of drill holes along the F Vein has varied from 50 meters to over 200 meters thus more drilling is required. Currently, sufficient drilling of the F Vein has been completed to establish a well mineralized shoot so drilling will move onto the other veins.

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