Kootenay Silver Releases Drill Results from 2x's Fred Property

Kootenay Silver Inc. (TSXV:KTN) released the results of a 2015 drill program conducted under an option with Theia Resources Ltd. (TSXV:THH), its partner. The program was focused on the 2x’s Fred property in British Columbia.
As quoted in the press release:

The 2015 drilling program on 2x’s Fred focused on providing information on the dip and width of the Saki and Gold Hill veins. Eight holes were drilled for a total of approximately 717 meters with four holes drilled on the Saki vein and four on the Gold Hill vein.
Veins are steep dipping to the northwest and southeast directions. True widths vary from 15 to 30 meters and are composed of vein, vein stockwork and vein breccia within altered basalt. Veins bifurcate and coalesce with the widest single vein being 30 meters true width and varying from about 2m to 30 meters in width.
The best interval was 3.2 gpt Au and 46.48 gpt Ag over 1.9 meters within 7.6 meters of 1.69 gpt Au and 29.36 gpt Ag. The longest interval was 0.370 gpt Au and 7.2 gpt Ag. Holes 6 and 8 bottomed in vein material with hole 6 just entering the vein when it had to be abandoned due to hole conditions.

James McDonald, president and CEO of Kootenay, commented:

The results from recent drilling in the Nechacko Plateau underscore the significant potential of the gold and silver bearing quartz vein systems, contained within the parameters of the 2x’s Fred property. The 2x’s Fred property, a new discovery made by Kootenay’s generative program, is an example of the generator model dimension of Kootenay and the option to Theia is a part of the business plan to monetize generative stage properties.

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