Kootenay Silver Inc announce the completion of the maiden Mineral Resource Estimate on its 100%-owned Columba Silver Project, located in Chihuahua, Mexico. This milestone represents a major step forward in advancing Columba Project as a significant silver exploration target and development opportunity. Much of the drilling at Columba is wide spaced and the company intends to expand and infill known mineralized zones with ongoing work.
Kootenay’s President & CEO, James McDonald states, “The maiden resource estimate of 54 million ounces at an excellent grade of 284 gpt silver is just the beginning. It is a starting point of 54 million ounces that sets Kootenay up very well to achieve its objective of defining an economic resource at Columba.
The probability of increasing this resource with the very next drill program is considered strong given all the open-ended mineralized zones and undrilled targets we see.”
Targets for significant expansion are immediately evident. The D vein for example, is known to extend vertically for near double the depth currently drilled while nearly half the strike length of the D Vein needs more drill holes to pull intercepts into a resource.
McDonald adds; “Congratulations to our team for their high standard of work, diligence and attention to detail and for taking Columba from a property exam to a negotiation of concession ownership, to surface access agreements, to discovery, and now the maiden resource. 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.”
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