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Kootenay Silver Inc.
Summary
| Project: | La Cigarra | |
|---|---|---|
| Deposit: | La Borracha | |
| Location: | Mexico | |
| Commodities: | Silver-Gold-Lead-Zinc | |
| Date: | 1/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-1-2018: Kootenay Silver Inc. announces an Exploration/Drilling Update report for its La Borracha deposit at the La Cigarra project. Drilling results incl. 73m @ 13.81g/t Ag, 0.015g/t Au, 0.187% Pb, 0.542% Zn from 145m. Kootenay Silver Inc. (TSXV: KTN) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: James McDonald (Internal) | |
| ABSTRACT: | Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce the results of the remaining nine core holes from the Company’s 2017 drill program carried out at its 100% owned La Cigarra silver property, located in Chihuahua State, Mexico. The La Borracha Zone showed encouraging results along the northern extension of the La Cigarra resource all of which sits within a nine-kilometer-long mineralized trend. Kootenay President and CEO James McDonald stated "La Borracha is a very exciting target with the potential to add a significant number of new ounces to our resource. The zone has been traced on surface from the resource northward for at least 1,100 meters and the latest hole CC-17-37 indicates good grades and widths. The zone has seen very limited drilling and we are eager to commence the next round of drilling in the first half of February." The La Borracha drill intercept in Hole CC-17-37, is about 500 meters northwest of the Resource with 107.2 gpt silver over 8.0 meters within a wider intercept of 31 meters grading 45.75 gpt silver. There is a total of 46 meters of mineralization in the hole separated by 15 meters of rhyolite dyke. The second interval grades 42 gpt silver over 15 meters. These results extend silver mineralization 100 meters down dip from a previous hole (CC-12-089), which returned an intercept of 56 gpt silver over 9.25 meters. To date, 12 holes have been drilled along the La Borracha trend with nine of those being drilled too far west to hit the main mineralized structure extending northward from the resource. | |
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