- Shares in Kootenay Resources Inc. (TSXV:KTRI) began trading on the TSX Venture Exchange as a Tier 2 Mining Issuer
- Formed as a spin-out of Kootenay Silver Inc. (TSXV:KTN), prospective Canadian assets were transferred to Kootenay Resource
- The team’s exploration efforts will focus on first the Moyie Anticline project and second the Nechacko Plateau region of B.C.
- Kootenay Resources Inc. opened trading at $0.20 per share
Shares in Kootenay Resources Inc. (TSXV:KTRI) began trading Wednesday on the TSX Venture Exchange after final approval.
Under the exchanges’ policies, the company will be classified as a Tier 2 Mining Issuer.
Formed as a spin-out of Kootenay Silver Inc. (TSXV:KTN), prospective Canadian assets were transferred to Kootenay Resources. The transaction was completed in October 2021, Kootenay Silver Inc. currently holds roughly 5.4 million common shares of Kootenay Resources.
The team’s exploration efforts will focus on first the Moyie Anticline project and second the Nechacko Plateau region of British Columbia.
In 2021, Kootenay Silver commissioned two surveys to assist in the discovery of a Tier 1 deposit. The first was a regional style MT survey designed to find deep conductive zones. Research has demonstrated deep conductive feeders appear to be feeders to shallower large deposits around the world.
The company also announced that Christopher Curran has been appointed as a new member of its board of directors, as well as the audit committee of the board.
Speaking on this appointment in a news release, James McDonald, Kootenay Resources’ president and chief executive, said, “Chris brings over 20 years of experience in business development, communications and capital markets that includes working with several publicly listed junior mining and exploration companies.”
Kootenay Resources Inc. is an exploration company actively engaged in the exploration and discovery of tier one mineral deposits in B.C.
Kootenay Resources Inc. opened trading at $0.20 per share.
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