Kootenay Drills 146 gpt Silver eqv over 234m as 10,000 Meter Drill Program
Kootenay Gold Inc. (CVE:KTN) reports it has concluded the final holes of its 10,000 meter drill program on its Promontorio silver project in Sonora, Mexico.
The press release is quoted as saying:
Kootenay reports final mobilization is underway in preparation for the current multi-phase program. Drilling is scheduled to commence with two drills June 2, 2011 and will continue into the fall 2011. With the planned addition of a third rig, a total of three diamond core drills will be working on site and a minimum of 25,000 meters of drilling is budgeted. The program is designed to substantially expand the current 43-101 resource conducted on the project by AGP Mining Consultants in 2010. Included in the program will be extensive infill and step out drilling to define continuity between silver intercepts and to test the limits of silver mineralization.
Kootenay’s President and CEO, James McDonald says:
“Hitting excellent grades of silver mineralization over a broad 234 meter intersection is further testimony to the success of our 10,000 meter drilling program on Promontorio. Paramount to its success, we confirmed that high and medium grade silver occurs along the entire 1.0 kilometer long mineralized corridor that hosts the current resource. Equally important broadly spaced holes indicate continuity of silver mineralization over 300 meters of strike in the North East Zone, which is double the strike length of our current 43-101 silver resource.”