Kootenay reports high-grade silver intercepts at Columba, Mexico
Kootenay Silver Inc. [KTN-TSXV] reported results from an additional five drill holes at the 100%-optioned high-grade Columba property in Chihuahua state, Mexico. These holes are step-outs along strike and to depth from high-grade intercepts previously reported in the Phase 2 drill campaign.
Kootenay President and CEO James McDonald stated: “These results show excellent continuity and grade along the F Vein for 700 metres of strike length and depths to 240 metres. Having established at least one well mineralized shoot within the F Vein over a substantial area we will now focus on testing other veins on the Property. Priority areas include the J-Z vein area where last year hole CDH-19-030 returned a 25.85-metre intercept grading 200 g/t silver and included highs of 982 g/t silver over 1.8 metres, 415 g/t silver over 11 metres and 721 g/t silver over 4 metres.”
Mineralization on the F Vein remains open along strike and to depth and continues to be a promising target for further investigation after other veins have been explored. To date, the spacing of drill holes along the F Vein has varied from 50 metres to over 200 metres, thus more drilling is required. Currently, sufficient drilling of the F Vein has been completed to establish a well mineralized shoot so drilling will move onto the other veins.
Holes CDH-20-052 and CDH-20-053 fill in a 140-metre gap between previous holes CDH-20-046, which reported 1,585 g/t silver over 0.6 metres within 553 g/t silver over 2.9 metres, and CDH-19-035 with 494 g/t silver over 1.35 metres.
Highlights from the additional five holes include hole CDH-20-052 that returned 601 g/t silver over 1.23 metres within a wider intercept of 279 g/t silver over 4.08 metres and 199 g/t silver over 7.53 metres within the F Vein.
CDH-20-053 returned 753 g/t silver over 0.95 metres within 620 g/t silver over 2 metres, 496 g/t
Total holes of the Phase-II campaign drilled thus far in 2020 are 16; all of which have tested the F Vein with most returning multiple high-grade intercepts. A total of about 3,200 metres of the announced 7,000-metre program has been completed. Drilling is ongoing.
Resource World Magazine Inc. has prepared this editorial for general information purposes only and should not be considered a solicitation to buy or sell securities in the companies discussed herein. The information provided has been derived from sources believed to be reliable but cannot be guaranteed. This editorial does not take into account the readers investment criteria, investment expertise, financial condition, or financial goals of individual recipients and other concerns such as jurisdictional and/or legal restrictions that may exist for certain persons. Recipients should rely on their own due diligence and seek their own professional advice before investing.