Precious Metals

TSX:KTN

Kootenay Silver (TSXV:KTN) has provided results from comprehensive mapping and channel sampling conducted on an historical underground adit contained within the San Gregorio zone at its La Cigarra silver project in Chihuahua state, Mexico.


Kootenay Silver (TSXV:KTN) has provided results from comprehensive mapping and channel sampling conducted on an historical underground adit contained within the San Gregorio zone at its La Cigarra silver project in Chihuahua state, Mexico.
The detailed work program on the underground adit was carried out by Kootenay in an effort to model a series of known underlying high-grade silver zones that are contained within the Company’s NI 43-101 La Cigarra silver deposit. Data compiled from the program will assist the Company in gaining an understanding what controls the high-grade mineralization contained within the deposit and will assist in further defining a series of silver targets for future drill programs.
James McDonald, President & CEO of Kootenay Silver stated, “We are very pleased with the latest exploration data we have gained from the San Gregorio underground adit. Results from the current program, combined with our ongoing re logging efforts and previous data we have obtained through prior exploration programs, support our effort to design a drill program to test the extensions of the current resource, which remains open along strike and to depth. Upon completion of the prerequisite work, we look forward to initiating a drill program aimed at expanding our established silver resource, starting sometime in the first quarter of 2017.”
The exploration program included a total of 34 channel samples taken across walls on the inside of the adit. The combined results from all the samples carried a weighted average silver grade of approximately 89 gpt, which corresponds with the average silver grade contained within the current silver resource estimate. Detailed results of the channel samples taken within the adit are included in the table below and are also highlighted in the map found in the following link: San Gregorio Adit Silver Values.
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    San Gregorio Underground Adit Sampling Results
   Sample #'s                   Type   Width (meters)Silver (gpt)Gold  (gpt)Lead (ppm)
9, 10, 25, 26, 27,28,29,30,31Channel17.5          130         0.136      773
9                            Channel2.0           536         0.189
13                           Channel1.0           569         0.193      2840
24                           Channel1.0           195         0.088      1000
11,12,23                     Channel5.5           173         0.147      1386
14,15,16,17,18,19            Channel12.0          49          0.110      1030
32,33,34                     Channel6.0           28          0.185      890
1,2,3,4,5,6,7,8              Channel16.0          15          0.160      785
20,21,22                     Channel6.0           12          0.027      1080

Sampling and QA/QC
All technical information for the La Cigarra exploration program is obtained and reported under a formal quality assurance and quality control (“QA/QC”) program. Samples are taken under the direction of qualified geologists and stored in sealed bags. Samples are delivered by the Company via courier to ALS Minerals (“ALS”) in Chihuahua. The samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS in Vancouver B.C. Systematic assaying of standards is performed for precision and accuracy. Analysis for silver, zinc, lead and copper and related trace elements was done by ICP four acid digestion, with gold analysis by 30 gram fire assay with an AA finish.
Qualified Persons
The Kootenay technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed on behalf Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person for the purpose of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
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