#Canada #Vancouver #Kootenay Silver #Columba Project #Mineral Resource

Kootenay Silver Unveils Columba Project's Mineral Resource Estimate

Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) has recently revealed an independently prepared technical report under NI 43-101 regarding its Columba Silver Project situated in Chihuahua, Mexico. This milestone marks a significant achievement for the company as it presents the first-ever Mineral Resource Estimate (MRE) for this fully-owned property, underscoring its potential in the mining sector.

Detailed Findings of the Technical Report

The report details an Infered Mineral Resource of 5.92 million tonnes with an impressive grade of 284 grams per tonne (gpt) of silver, along with 0.19% lead and 0.50% zinc. This equates to approximately 54.1 million ounces (Moz) of silver, valued at current market prices, and amounts of lead and zinc estimated at 25.2 million pounds and 65.6 million pounds respectively. It is essential to note that these figures do not account for any mined-out resources, such as those from the known F Vein.

Additionally, the report highlights that the resource estimation incorporates 17 epithermal veins within the Columba vein system, further solidifying its significance as a mining asset.

Drilling Activities Resuming

Adding to the excitement, Kootenay has announced the recommencement of drilling at the Columba site. This marks the seventh phase of drilling since operations began in 2019, as the company seeks to extend the known mineralized zones at depth and along the strike. James McDonald, the President and CEO of Kootenay, expressed his enthusiasm regarding the initial mineral resource estimate and the ongoing exploration efforts at Columba, emphasizing their commitment to uncovering new mineralized structures.

A Vision for Discovery

The Columba Project is shaped uniquely by its high-grade epithermal vein characteristics, akin to other renowned silver and gold districts in Mexico, such as La Chispas and Panuco. Covering a surface area of roughly 4 kilometers by 3 kilometers, the mapped veins project a vertical extent of at least 350 meters. Geological assessments indicate the possibility of significant mineralization extending beyond 700 meters in depth, awaiting further exploration.

The project's prior exploration history is also noteworthy. It has seen limited exploration activity for nearly 40 years prior to Kootenay’s involvement, aside from historical mining efforts in the early 1900s and brief operations from 1958 to 1960.

Sustainable Practices in Exploration

Kootenay Silver employs a robust quality assurance and control program for its exploration initiatives at Columba. The company ensures that all sampling is conducted under strict guidelines, with samples being processed and analyzed by reputable laboratories. They employ meticulous protocols involving standards, duplicates, and blanks to maintain the integrity of the data.

Looking Ahead

As the silver market displays favorable conditions, Kootenay Silver is poised to capitalize on its exploration activities at the Columba Project. With extensive drilling campaigns paving the way for potential further resource discoveries, stakeholders eagerly await the next steps in this promising venture.

By laying this foundation, Kootenay aims to solidify its position in the silver landscape while contributing to sustainable mining practices and economic development in the region. Shareholders and the mining community alike keep a close watch on this project, anticipating future developments and potential enhancements to the already remarkable resource estimate at Columba.