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Kootenay Silver Hits High-Grade Silver Zone Between Pit and NE Zones on Promontorio

Investing News Network
Jun. 04, 2013 11:30AM PST
Silver Investing

Kootenay Silver Inc. (TSXV:KTN) announced assay results from drill holes DH 141 to 188 as part of its Phase V drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. Drilling encountered a high-grade silver zone: 301 gpt Silver Eqv. Over 31.7 Meters, including 1,046 gpt silver eqv. over 5.0 meters; and 274 gpt Silver Eqv. Over 18.4 Meters including 1,106 gpt silver eqv. over 3.0 meters.

Kootenay Silver Inc. (TSXV:KTN) announced assay results from drill holes DH 141 to 188 as part of its Phase V drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. Drilling encountered a high-grade silver zone: 301 gpt Silver Eqv. Over 31.7 Meters, including 1,046 gpt silver eqv. over 5.0 meters; and 274 gpt Silver Eqv. Over 18.4 Meters including 1,106 gpt silver eqv. over 3.0 meters.

As quoted in the press release:

Drilling Highlights:

DH 186

  • 301 gpt Silver Eqv. Over 31.7 Meters (200 gpt Ag, 1.21 gpt Au and 1.79% Pb+Zn);
    • Including 1,046 gpt Silver Eqv. Over 5.0 Meters (808 gpt Ag, 1.83 gpt Au and 6.88% Pb+Zn)
    • Including 300 gpt Silver Eqv. Over 7 Meters (233 gpt Ag, 0.62 gpt Au and 1.6% Pb+Zn)

DH 185

  • 274 gpt Silver Eqv. Over 18.4 Meters (208 gpt Ag, 0.92 gpt Au and 0.79% Pb+Zn);
    • Including 1,106 gpt Silver Eqv. Over 3.0 Meters (1,023 gpt Ag, 0.92 gpt Au and 1.66% Pb+Zn)

DH 188

  • 124 gpt Silver Eqv. Over 20.3 meters (59 gpt Ag, 0.84 gpt Au and 1.0% Pb+Zn)

DH 183

  • 188 gpt Silver Eqv. Over 6 meters (111 gpt Ag, 0.49 gpt Au and 2.48% Pb+Zn)
  • 161 gpt Silver Eqv. Over 7.1 meters (98 gpt Ag, 0.61 gpt Au and 1.5% Pb+Zn)

Kootenay Silver President and CEO James McDonald said:

We are very pleased with current assays returned from drilling. Not only do results from Holes such as 186 and 185 represent some of the highest grades drilled to date, they occur in an area between the North East and Pit zones where these grades were not expected. This underscores the potential to delineate additional high-grade silver zones within the diatreme system. This new area of high-grade silver mineralization is open along strike and dip directions and appears to be on strike with other high-grade intercepts previously returned from drilling in the North East Zone.

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

Click here to see the Kootenay Silver Inc. (TSXV:KTN) profile.

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