Kootenay Silver Inc. Reports Promising Drill Results at Columba Project in Mexico
Kootenay Silver Inc. Reports Promising Drill Results at Columba Project in Mexico
Kootenay Silver Inc. (TSXV: KTN) has recently announced promising results from new drilling activity at their Columba High Grade Silver Project located in Chihuahua, Mexico. The findings stem from the latest tests conducted across three areas: F-Vein, D-Vein, and B-Vein Corridor, revealing significant mineralization that enhances the potential for resource estimation.
Recent Drill Findings
The latest drill program included seven new drill holes, with highlights featuring some exceptional intercepts:
Hole CDH-24-183
This drill hole encountered extensive mineralization within the historically mined F-Vein, covering a significant lateral gap of approximately 200 meters from previous drilling. Key results from this hole include:
- - 210 gpt silver over a core length of 32 meters (with an estimated true width of 14.7 meters)
- - A striking high-grade interception of 1,440 gpt silver, 0.46% lead, and 2.55% zinc over 0.79 meters
- - Additional readings of 1,050 gpt silver, 0.9% lead, and 2.90% zinc over 1 meter core length
Hole CDH-24-177
This hole was designed to investigate the D-Vein system from a different perspective. The high-level portion of the D-Vein showcased:
- - 10.12 meters of mineralization, with the core interval revealing 222 gpt silver and a blend of lead and zinc
Kootenay's President and CEO, James McDonald, expressed satisfaction with these findings, highlighting the continuity and richness of the mineralization. He noted the significance of the drill results, particularly the extension of mineralization in holes like CDH-24-180, which is positioned about 75 meters down from previous drilling that reported similar high silver grades.
Continuing Exploration Efforts
The current drilling campaign aims to fill known gaps and extend existing mineralization trends in preparation for an imminent resource estimate. An ambitious drilling program of 20,000 meters is underway, with approximately 2,000 meters still to be drilled, ensuring ongoing exploration at this promising site.
The Future of the Columba Project
The Columba project is characterized as a high-grade epithermal vein system within a volcanic caldera setting, indicating it could potentially host significant silver and gold resources similar to other renowned Mexican districts. The company has conducted extensive mapping and airborne surveys, coupled with approximately 45,000 meters of drilling across various veins since gaining full ownership of the project, thus greatly enhancing the understanding of the vein system.
With historical mining activities occurring sporadically in the past, the strategic exploration efforts by Kootenay Silver are believed to uncover further substantial deposits. The ongoing exploration has already almost tripled the known strike length of D-Vein, currently mineralized up to 1,275 meters.
Conclusion
Kootenay Silver Inc.'s recent drilling results at their Columba project signify promising advancements in the potential for substantial silver and lead-zinc resources. The company continues to affirm its commitment to exploring the Columba property, with future findings expected to shape the area's economic viability significantly. The combination of innovative drilling strategies alongside comprehensive geological assessments positions Kootenay Silver in a favorable light within the competitive exploration landscape of Mexico. With each drill hole revealing more about this intriguing project, stakeholders can remain optimistic about the future of this endeavor.
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