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Project: | Promontorio La Negra | |
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Deposit: | La Negra | |
Location: | Mexico | |
Commodities: | Silver | |
Date: | 4/3/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 3-4-2017: Kootenay Silver Inc. announces an Exploration/Drilling Update report for its La Negra deposit at the Promontorio La Negra project. JV - Drilling results incl. 40.85m @ 194g/t Ag, 0.06g/t Au, 172ppm Cu from 1m. Kootenay Silver Inc. (TSXV: KTN) (t | |
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 more high-grade silver intercepts from the remaining 6 holes of the 2016 drill program conducted and operated by Pan American Silver Corp. ("Pan American Silver") on its La Negra silver discovery within the Promontorio project located in Sonora, Mexico. The definition drill program on La Negra is part of an option agreement between Kootenay and Pan American Silver that provides Kootenay with a series of work and cash commitments and a carried to production interest on Promontorio. Of the 6 drill holes reported in this release four were drilled into the La Negra Breccia with 2 into a target south of the breccia. Pan American Silver is scheduled to recommence drilling in late June-early July 2017. Kootenay President and CEO JamesMcDonald states, "We are very pleased with results from the final holes of our 2016 drilling program on La Negra with Pan American Silver. The consistent confirmation of multiple zones of high-grade silver mineralization within a 600-meter strike length of the breccia, remaining open at depth, supports further work on the Promontorio/La Negra project. Upcoming exploration and drilling by Pan American Silver will focus on defining the potential size of the magmatic hydrothermal silver-lead breccia and testing additional targets." | |
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