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Kootenay Silver Inc.
Summary
| Project: | Promontorio La Negra | |
|---|---|---|
| Deposit: | La Negra | |
| Location: | Mexico | |
| Commodities: | Silver | |
| Date: | 2/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-2-2017: Kootenay Silver Inc. announces an Exploration/Drilling Update report for its La Negra deposit at the Promontorio La Negra project. JV - Drilling results incl. 32.15m @ 237g/t Ag, 0.1g/t Au, 448ppm Cu, 2229ppm Pb from 200m. Kootenay Silver Inc. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: James McDonald (Internal) | |
| ABSTRACT: | Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce drilling has returned a series of high-grade silver intercepts from the latest 13 holes of a multi-phase drill program being conducted and operated by Pan American Silver Corp. (“Pan American”) on its La Negra silver discovery in Sonora, Mexico. The definition drill program on La Negra is part of an earn-in option agreement between Kootenay and Pan American that provides Kootenay with a series of work and cash commitments and a carried to production interest on La Negra. All holes reported are infill and step out drilling down dip on the La Negra breccia. Kootenay President and CEO, James McDonald states, “We are very pleased with results from the 13 holes of our current drill program on La Negra with Pan American. The confirmation of additional, multiple zones of highgrade silver mineralization within a 600 meter strike length of the breccia, remaining open at depth, further underscores the future development potential of La Negra’s contained silver resource. We are excited with the continued success at La Negra and look forward to receiving results from the remaining four holes of the program.” There are currently four additional holes remaining from the 2016 Phase I program with Pan American which will be reported once assay results are received and compiled by the Company. | |
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