Kootenay Silver Drills 1,322 G/T Silver Equivalent Over 3.2 Metres At Copalito
Kootenay Silver (TSXV: KTN) this morning announced assays from three drill holes conducted at its Copality project in Sinaloa State, Mexico this morning. Results are part of a 3,000 metre campaign conducted at the property this year, for which highlights include 3.2 meters of 1,297 grams per tonne silver and 0.285 grams per tonne gold.
The three drill holes were focused on testing what is referred to as the 5 Senores Vein in the southern portion of the property. Results are said to show continuity along strike for 500 metres of strike length, with mineralization said to match results generated from previous surface sampling.
Results announced for the project today consist of the second third and fourth holes on the project, with all results released for the project thus far being as follows:
Hole ID | From (meters) | To (meters) | Interval (meters) | Silver (gpt) | Gold (gpt) | Silver Eq. (gpt) |
BDH-20-001 | 8 | 64 | 56.0 | 58.0 | – | 58 |
including | 29 | 51 | 22.0 | 106.0 | – | 106 |
including | 29 | 32 | 3.0 | 244.0 | 1.09 | 342 |
including | 46 | 51 | 5.0 | 250.0 | 0.247 | 272 |
BDH-20-002 | 42 | 52.25 | 10.3 | 80.0 | 0.905 | 161.5 |
Including | 42 | 48 | 6.0 | 118.0 | 0.346 | 149.1 |
including | 48 | 52.25 | 4.3 | 26.7 | 1.69 | 178.8 |
including | 50.6 | 52.25 | 1.7 | 3.0 | 3.02 | 274.8 |
BDH-20-003 | 31 | 38.1 | 7.1 | 29.7 | 0.307 | 57.33 |
including | 33 | 37 | 4.0 | 33.8 | 0.516 | 80.24 |
including | 34 | 35 | 1.0 | 40.0 | 1.18 | 146.2 |
BDH-20-004 | 20.82 | 21.25 | 0.4 | 146.0 | – | – |
BDH-20-004 | 41 | 42 | 1.0 | 100.0 | – | |
BDH-20-004 | 54 | 67.1 | 13.1 | 347.0 | 0.216 | 366.44 |
including | 57.78 | 61 | 3.2 | 1,297.0 | 0.285 | 1,322.65 |
including | 60 | 61 | 1.0 | 2,830.0 | 0.145 | 2,843.1 |
The company is currently focused on conducting initial drilling on what it refers to as the principle outcropping veins on the project. It will then use this data to establish which veins have the most promising results, with those veins then being subject to a larger exploration program. Approximately 1,600 metres of the 3,000 metre program have been completed.
Kootenay Silver last traded at $0.40 on the TSX Venture.
Information for this briefing was found via Sedar and Kootenay Silver. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.