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Project: | La Cigarra | |
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Deposit: | La Soledad | |
Location: | Mexico | |
Commodities: | Silver-Gold-Lead-Zinc | |
Date: | 2/2/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 2-2-2017: Kootenay Silver Inc. announces an Exploration/Drilling Update report for its La Soledad deposit at the La Cigarra project. Drilling results incl. 32.0m @ 0.025g/t Au, 13.18g/t Ag, 0.23% Cu, 0.61% Pb+Zn. Kootenay Silver Inc. (TSXV: KTN) (the “Com | |
Resources: | (Resource, M+I): 18.54Mt containing 51.47Moz Ag | |
CP/QP: | [Overall Report]: James McDonald (Internal) | |
ABSTRACT: | Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce results from the seven remaining drill holes of its 3000 meter, phase I exploration drill program on mineralized targets proximal to its La Cigarra silver deposit in Chihuahua State, Mexico. The holes tested a 700-meter strike length of the La Soledad structure, which extends southward along strike from the La Cigarra silver deposit for a distance of approximately 2 kilometers. All seven holes intercepted significant widths of veining and varying grades of silver mineralization confirming the presence of a large mineralized structure. Click to view: La Soledad Drill Plan. James McDonald, President and CEO stated “We are very encouraged with the consistency of results from our initial drilling on the Soledad structure and its potential to yield future discoveries along its 2 kilometer strike length. These results, combined with the success of the previous 11 holes of the phase I drill program that identified an entirely new silver discovery within a 400 meter strike length on the nearby RAM structure, reinforces our belief that La Cigarra and its surrounding mineralized structures offer significant development potential to add to our future silver resources.” The 18 hole drill program totaling 3000 meters is the first stage of a multi¬phase program evaluating several high priority targets identified proximal to the La Cigarra silver deposit with the potential to add near surface silver resources to the La Cigarra project. The first 11 holes of the Program completed by the Company resulted in a new silver discovery within a 400¬meter long strike length on the RAM structure, (see Kootenay news release dated November 23, 2016). | |
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