Kootenay Silver Inc. (TSXV: KTN) has identified a number of high-grade intersections in the newest batch of results from its Phase 4 drilling programme at Columba High-Grade Silver Project in Chihuahua State, Mexico.
Results from five drill holes are reported here including one hole from D Vein and four holes from F Vein. The current diamond drill exploration programme is planned at 15,000 m and designed to step out on mineralised veins along strike and to depth within the target-rich Columba Silver Project.
Drilling is currently paused pending assays. The results below successfully extend known mineralisation beneath existing drilling at both the D Vein and F Vein targets, additional results are awaited.
Drill Highlights:
F Vein
CDH-22-121
- High grade of 2,330 g/t silver, 0.06% lead and 0.80% zinc across drill length of 1.63 m
- Extends F Vein 50 m down-dip of previous intercept on-section (beneath CDH 20-053).
- Mineralisation at F Vein remains open at depth and along strike.
D Vein
CDH-22-122
- Interval from 194.1 meters down hole averages 574 g/t silver with 0.19% lead and 0.66% zinc over 3.9 m
- Extends D Vein additional 55m beneath previously announced drill intercept (CDH-20-079).
- Highest individual assay grade of 956 g/t silver, 0.27% lead and 1.20% zinc over 0.72 m
“Each new batch of results continues to justify our excitement for the Columba Project. We are seeing both the D and F Vein expanding with additional drilling and are planning additional work to evaluate the many high priority targets that remain undrilled,” President and CEO, James McDonald, said.
D Vein is a northwest striking, silver-bearing epithermal style vein with associated mineralised quartz stockwork and hydrothermal breccia. Kootenay Silver has intercepted the D Vein over a strike length of 425 m to a depth of roughly 340 m with assays pending, the vein is part of a much larger system and remains open in all directions. The hole reported herein (CDH-22-122) is part of a systematic exploration programme designed to test high priority veins at Columba. The reported intercept is located 50 meters below the nearest drill intercept on-section to date.
The F Vein is located 600 m northeast of, and roughly parallel to the D Vein and has been mapped for over 1,000 m on surface. Historical production in the area focused on F Vein, two shafts sunk on the trace of the vein are located roughly 310 m apart. Underground mining was completed on F Vein over six levels to a vertical depth in excess of 160 m.
Four drill holes from F Vein are reported below. CDH-22-120, CDH-22-121, CDH-22-123 and CDH-22-124 represent step-outs on the F Vein structure beneath previous drilling. In addition to encountering F Vein, additional zones of quartz +/- barite-calcite veining ware reported. Exploration continues to define the F Vein on roughly 50 m centres.
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