Kootenay Silver Announces Drilling Underway at La Cigarra Silver Project, Mexico

Silver Investing
TSXV:KTN

VANCOUVER, Aug. 10, 2016 /CNW/ – Kootenay Silver (TSXV:KTN) is pleased to announce the commencement of a core drill program on its 100% owned La Cigarra silver project located in Chihuahua State, Mexico.

VANCOUVER, Aug. 10, 2016 /CNW/ – Kootenay Silver (TSXV:KTN) is pleased to announce the commencement of a core drill program on its 100% owned La Cigarra silver project located in Chihuahua State, Mexico.
The drill program will total approximately 3,000 metres and is designed to test the high priority RAM target and expand the La Cigarra resource estimate with a focus on determining continuity of high-grade trends recently identified within the resource.  (Click the following link to view a map of the La Cigarra Resource and RAM drill targets).
Kootenay President and CEO James McDonald, stated, “We are excited to start our drill program at La Cigarra, which will begin with the first ever drill test of the high-grade RAM silver target.  The primary objectives of the program are to test this high priority target and to expand the existing La Cigarra resource which is open in three directions with particular attention to intercepting higher-grade silver.  These are the first steps toward a new resource estimate and to proceeding with a Preliminary Economic Assessment on the project.”
Initial drilling will focus on the RAM Zone, where the first 8 holes are planned to target a potential high-grade silver area within a large structurally controlled anomalous silver trend measuring 3.8 kilometres in length.  A program of re-logging aimed at gaining a deeper understanding of what controls the high grades is well advanced and will guide drilling along the extensions of the La Cigarra resource where several underlying high-grade silver zones have been identified.  An example is at the southern boundary of the Las Carolinas Zone where hole 155 returned 23 metres of 138 g/t silver (See Northair News Release dated Dec 15, 2014) and remains open down dip and along strike to the southeast.  Anomalous silver mineralization and alteration indicate an additional two kilometres of strike potential.
Results from the drill program will be announced as soon as the assays are received and interpreted by the Company.  A larger drill program will be designed as progress and results of re-logging to assess the potential to model the high-grade zones and the 3,000 metre program are made and received.
Connect with Kootenay Silver (TSXV:KTN) to receive an Investor Presentation.

The Conversation (0)
×