Kootenay Silver Completes Phase 1 Drilling at La Negra Discovery

Kootenay Silver Inc. (TSXV:KTN) announced that it has finished a Phase 1 drill program at its Mexico-based La Negra breccia silver discovery. The new discovery is located about 6.5 kilometers from the company’s flagship Promontorio silver resource.

As quoted in the press release:

Current drilling included 18 additional HQ diameter core holes that were drilled along an approximate 400 meter strike length, for a total of 25 holes drilled in the Phase I program. An announcement on assay results will be made once results are received and compiled. The Company anticipates announcing results from the remaining 18 holes of the Phase I program by the end of November 2014.

James McDonald, president and CEO of Kootenay, commented:

We are very pleased to conclude the final 18 holes of our Phase I drill program on La Negra. Our goal is to continue to fast-track drilling and development on La Negra. Once current assays results are received, the next step will be to collate and interpret the additional results in a 3D model and design. Once concluded, we plan to immediately proceed to a Phase II drill program with the objective of producing a NI 43-101 resource on La Negra at the earliest opportunity.

Click here to read the full Kootenay Silver Inc. (TSXV:KTN) press release.