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Kootenay Silver Inc.
Summary
| Project: | La Cigarra | |
|---|---|---|
| Deposit: | Las Venedas | |
| Location: | Mexico | |
| Commodities: | Silver-Gold-Lead-Zinc | |
| Date: | 8/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-8-2017: Kootenay Silver Inc. announces an Exploration/Drilling Update report for its Las Venedas deposit at the La Cigarra project. Drilling results incl. 24.2m @ 92.88g/t Ag. Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to | |
| 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 results from hole CC-17-28 drilled to test the extension of a large new mineralized zone recently discovered in the Venadas target area on its La Cigarra Silver project in Chihuahua State, Mexico. The Company reports assays from hole CC-17-28 returned a series of good grading silver intercepts, extending the new discovery zone 140 meters northeast of original discovery hole CC-17-26. Kootenay President and CEO James McDonald states, “The grades and characteristics of mineralization encountered 140 meters away from hole CC-17-26 further supports the large-scale nature and potential continuity of the new zone. We are looking forward to further drill testing of this exciting new discovery.” The results represent only the upper part of the zone, as the hole was unable to drill further due to encountering faulted rock. Accordingly, it is believed the larger and stronger part of the system remained untested by the hole. In hole CC-17-26 more than 250 meters of veining, vein breccia was encountered right to the bottom of the hole with the stronger part of the zone toward the bottom of the intercept. The intercept is 140 meters northeast of CC-17-26 and 62 meters deeper establishing some meaningful extent to the zone in just the second hole. | |
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