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    Kootenay Silver Receives Updated Resource Estimate for Promontorio Project

    Investing News Network
    Aug. 21, 2012 10:32AM PST
    Silver Investing

    Kootenay Silver Inc.(TSXV:KTN) announced that it has received an updated resource estimate from SRK Consulting for its Promontorio project.

    Kootenay Silver Inc.(TSXV:KTN) announced that it has received an updated resource estimate from SRK Consulting for its Promontorio project.

    As quoted in the press release:

    The open pit mineral resources for the Promontorio Project are 36,018,000 tonnes grading an average of 51.35 g/t silver equivalent classified as Measured and Indicated Mineral Resources, with an additional 9,136,000 tonnes grading an average of 42.86 g/t silver equivalent classified as Inferred Mineral Resources.

    Kootenay Silver, President and CEO, James McDonald, commented:

    It is immensely satisfying to see the hard work and diligence of our entire team on the ground and in the office be rewarded by such an excellent result. We cannot emphasize enough the significance that the 59 million measured and indicated silver equivalent ounces are contained within two optimized Whittle Pits. This bodes extremely well for the potential economic viability of the Promontorio project and our objective of seeing Promontorio become a prominent Mexican silver producer.

    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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