Kootenay Silver - Columba Silver Project, Mexico (2020).
Columba Silver Project, Mexico (2020).
Source: Kootenay Silver.
  • Kootenay Silver (TSXV:KTN) released results from another four holes of its drilling program at the Columba Silver Project in Mexico
  • The Vancouver-based miner stated the program is now complete and totals 12 holes for a total of 3,052.8 metres designed to extend known mineralization on the “D Vein” target area at the project
  • The current program brings the project total to more than 30,000 metres drilled in 147 holes since 2019
  • Kootenay Silver Inc. last traded at C$1.19 per share

Kootenay Silver (TSXV:KTN) released results from another four holes of its current drilling program at the Columba Silver Project in Mexico.

Situated in the prolific Silver Belt region of Chihuahua, Mexico, the Columba High Grade Silver Project is a past-producing silver mine that is host to numerous classic epithermal high-grade veins measuring more than 10 kilometres of strike over widths of more than six metres.

In a news release, the Vancouver-based miner stated the program is now complete and totals 12 holes for a total of 3,052.8 metres designed to extend known mineralization on the “D Vein” target area at the project. The current program brings the project total to more than 30,000 metres drilled in 147 holes since 2019.

Work at Columba has identified multiple veins within the D-Vein trend, hole CDH-23-145 encountered the upper levels of the northeast trending E-Vein from 9.0 metres downhole and two mineralized zones interpreted as hangingwall vein.

CDH-23-145

  • 6 metres core-length averaging 435 grams per ton (gpt) silver, 0.1 per cent lead, and 0.2 per cent zinc from 215 metres downhole within a broad 22 metres of 174 gpt silver
    • including 3.0 metres of 544 gpt silver and 0.13 per cent lead and 0.2 per cent zinc from 217 metres downhole
    • 1.0 metre of 814 gpt silver, 0.24 gpt gold, 0.1 per cent lead, and 0.2 per cent zinc from 219 metres downhole

CDH-23-142

  • 121 metres core-length of 60 gpt silver and 0.1 per cent zinc from 206 metres downhole
    • including 0.5 metres of 369 gpt silver, 0.5 per cent lead and 1.0 per cent zinc from 269.5 metres downhole immediately following a 5-metre-wide dissolution void
    • 2.88 metres of 224 gpt silver, 0.2 per cent lead and 0.5 per cent zinc from 296.12 metres downhole

The current drilling program is designed to extend the D-Vein in preparation of a wider spaced follow-up program aimed to delineate a maiden resource expected late next year.

Kootenay Silver Inc. is engaged in the discovery and development of mineral projects in the Sierra Madre region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects in mining districts in Sonora, state and Chihuahua, state, Mexico.

Kootenay Silver Inc. last traded at C$1.19 per share and has risen 25.26 per cent in the past month.

Join the discussion: Find out what everybody’s saying about this silver stock on the Kootenay Silver Inc. stock forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


More From The Market Online
Baytex worker

Baytex reports production growth, income drop in Q2 2024

Canadian oil and natural gas stock Baytex Energy (TSX:BTE) announces financial and operational results for its Q2 2024.
A gold bar from Dynacor Group's ore processing facility in Peru.

Green flags galore: Why to invest in Dynacor Group today

Gold stock Dynacor Group (TSX:DNG) announces a monthly dividend of C$0.01167 per share for August 2024 with eyes on further growth.