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Kootenay Silver Inc.
Summary
| Project: | Copalito | |
|---|---|---|
| Deposit: | Copalito | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 6/17/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-6-2020: Kootenay Silver Inc. announces an Exploration/Drilling Update report for its Copalito deposit at the Copalito project. Drilling results incl. 56m @ 58g/t Ag from 8m. Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to a | |
| Resources: | x | |
| CP/QP: | [Overall Report] James McDonald (Internal) | |
| ABSTRACT: | Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce assay results from the first core hole completed at its Copalito silver-gold project (the “Property”) located in Sinaloa State, Mexico. The results were derived from the initial 105.2 meters of the 3,000-meter drill campaign currently underway. The first hole tested the eastern edge of the 5 Senores Vein located in the southern portion of the Property, where drilling returned a cumulative 8 meters grading 248 gpt silver and 0.562 gpt gold. These assay results correlate very well with previously reported chip sampling taken at surface, which returned 282 gpt silver and 1.4 gpt gold over 10.2 meters. Upcoming drilling will target the 5 Senores Vein before stepping out to test the other 5 principle veins of the classic epithermal system. Further results will be released as assays are received and interpreted by the Company. About Copalito Silver-Gold Project The Copalito Project is a classic low sulphidation epithermal vein system which has numerous small old workings and no evidence or reports of historic exploration drilling. The Property consists of seven concessions totaling approximately 3,700 hectares and is located 35 kilometres east of McEwen Mining’s “El Gallo Mine” complex in Sinaloa State, along the western fringes of the Sierra Madre Occidental in northwestern Mexico. The Copalito Project has good access, topography and infrastructure. | |
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