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Kootenay Silver Finds Two New Precious Metals Mineral Systems
Apr. 03, 2014 10:07AM PST
Silver InvestingKootenay Silver Inc. (TSXV:KTN) announced that it has discovered two new precious metals mineral systems at British Columbia’s Nechako Plateau via exploration conducted over the past two work seasons.
Kootenay Silver Inc. (TSXV:KTN) announced that it has discovered two new precious metals mineral systems at British Columbia’s Nechako Plateau via exploration conducted over the past two work seasons.
The systems are called Fox and Two Times Fred.
Highlights include:
Fox Property:
- Strongly anomalous gold (‘Au’) and silver (‘Ag’) values in surface grab samples to 32 grams per tonne (‘gpt’) Au and 6049 gpt Ag.
- Numerous anomalous mineral occurrences over one square kilometer.
- Best mineralization underlain by three kilometer long magnetic anomaly.
- Alteration and mineralization indicate potential for ‘disseminated and high grade type discovery’.
Two Times Fred Property:
- Consistently anomalous gold with silver in upper levels of a ‘hot spring’ epithermal gold system.
- Composite grab samples averaging 0.388 gpt Au with all samples averaging 0.318 gpt Au.
- Geology and mineralization indicate potential for large low grade and smaller high grade deposits.
- Stacked Gold anomalous silica veins lie flat over a large 1.75 by 2.5 kilometer area.
- Mineralization coincident with airborne magnetic and EM anomalies with bigger aerial extent than known occurrences.
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