Kootenay Silver Establishes 54 Million Ounce Silver Resource At Columba

Kootenay Silver (TSXV: KTN) this morning published a maiden mineral resource estimate for their Columba Silver project in Mexico, which is one of the flagship assets within Kootenay’s portfolio.

The maiden estimate is a based on an underground resource model, with the model based upon over 53,000 metres of drilling within over 200 holes. Highlights from the estimate include:

  • Inferred Resources: 5.92 million tonnes at 284 g/t silver, 0.19% lead and 0.50% zinc
    • Containing 54.07 million ounces of silver, 25.2 million pounds of lead and 65.6 million pounds of zinc

The estimate is based on a cut-off grade of 150 grams per tonne, with the mineralized veins said to remain wide open to expansion along strike, to depth, or both. The resource includes a total of 17 epithermal veins within it, which comprise the Columba vein system. The veins across all zone are believed to average 5 to 6 metres in width, with continuity said to be excellent.

“We believe this resource is just the first step in defining the true extent of the mineralized system at Columba and remain focused on advancing exploration. We will continue with step out drilling of several kilometers of undrilled veins as well as selective infill on wide spaced intervals on known veins. Our team have designed an additional 50,000 meters of drilling planned at Columba with the first 20,000 to 30,000 meters focused on expanding the known resource,” commented James McDonald, CEO of Kootenay Silver.

Kootenay Silver last traded at $1.20 on the TSX Venture.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Euro Sun: Rovina Copper-Gold Project Secures Some Major Funding

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Kootenay Silver Sees Grade Improvement In Updated La Cigarra Resource Estimate

Kootenay Silver (TSXV: KTN) has seen its ounces in the ground remain nearly flat after...

Thursday, January 25, 2024, 09:18:05 AM

Kootenay Silver To Conduct $5.0 Million Private Placement

Kootenay Silver (TSXV: KTN) has entered an agreement with Mackie Research to conduct a best...

Tuesday, July 28, 2020, 09:33:37 AM

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...

Wednesday, July 22, 2020, 08:30:39 AM

Growing Silver Supply Deficit Year 5 – What’s Next? | James McDonald – Kootenay Silver

In this interview, James McDonald, CEO of Kootenay Silver (TSXV: KTN), discusses recent drilling success...

Monday, February 3, 2025, 02:10:00 PM

Kootenay Silver Hits 43 G/T Silver Over 30.85 Metres At Columba Project

Kootenay Silver (TSXV: KTN) this morning released results from its ongoing drill program at its...

Monday, October 5, 2020, 08:26:26 AM