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    KTN   CA5005837037

KOOTENAY SILVER INC.

(KTN)
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Delayed Bourse de Toronto  -  05/27 03:22:38 pm EDT
0.1350 CAD    0.00%
05/09Kootenay Silver Set to Commence 15,000 Meters of Drilling at Columba High-Grade Silver Project, Mexico
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05/06Kootenay Silver Set to Begin Drilling at Columba High-Grade Silver Project in Mexico
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05/06Kootenay JV Drilling Intercepts 0.42 gpt Gold over 68.4 Meters Including 2.25 gpt Gold over 10.6 Meters in the California Zone, Cervantes Project, Sonora, Mexico
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KOOTENAY SILVER : ANNOUNCES DRILL RESULTS FROM COPALITO SILVER-GOLD PROJECT. HIGHLIGHTS INCLUDE 276 GPT SILVER EQ. OVER 23 METERS AND 642 GPT SILVER EQ. OVER 5 METERS

12/02/2021 | 08:51am EDT

December 2, 2021

Kootenay Silver Announces Drill Results From Copalito Silver-Gold Project. Highlights

Include 276 gpt Silver Eq. Over 23 Meters and 642 gpt Silver Eq. Over 5 Meters

Kootenay Silver Inc. (TSXV: KTN) (the "Company" or "Kootenay") is pleased to announce results from the final drill holes of the 2021 program at the Copalito Silver-GoldProject in Sinaloa State, Mexico.

These holes are reporting on the Agua, 5 Senores and Chiva Veins. All veins continue to show excellent grades and grade potential with intervals grading as high as 1,300 gpt silver, 21 gpt gold and 27% combined lead plus zinc as detailed below.

Drilling has shown veins encountered are consistently anomalous in silver, gold, lead and zinc over 4 kilometers of strike in 6 different veins. We see several areas where grade and width show potential for mineralized shoots and resource definition. All veins are open to depth and a long strike with the majority of holes testing less than a 75meter vertical depth. Geologic mapping shows holes with no significant mineralization often hit fault zones off setting veins resulting in the holes missing their target.

Copalito shows the potential for substantial resources given the continuity of veins and mineralization. Drilling indicates potential for very high grades in at least 4 of the veins. Next steps will be focused on those areas, such as the 5 Senores and Agua Veins, of high grade with good widths in search of those dilational zones within the veins where mineralized shoots (bodies) may occur. For example, from this release alone, 587.3 gpt silver, 0.819 gpt gold, 1.58% lead-zinc over 3 meters. and 5 meters of 9.3 gpt gold,

27.6 gpt silver and 0.57% lead-zinc within 23 meters of 125 gpt silver, 2.0 gpt gold and 0.95% lead-zinc. In addition, several veins and strike extensions remain untested.

James McDonald, President and CEO remarked "The large strike continuity of the veins and mineralization indicate to us Copalito has good potential for the discovery of a large resource. Also impressive are the high gold, lead and zinc grades in numerous holes that add to this potential."

Luis Moya, Chief Geologist, states " With geologic mapping evidence was found that the 5 Señores vein extends 200 meters more to the SE. In some sectors the mineralization extends outside veins in envelopes of stockwork veinlets. With the drill holes mentioned we now see in the 5 Senores Vein continuity to 150 meters below the outcropping veins and open to depth. Some drill holes cut high-grade zones below previous holes where mineralization was not significant (section BDH-20-06 & BDH-21-55), in addition to blind veins without surface expression."

Drill Result Highlights from Holes BDH-21-051 to BDH-21-056 and BDH-21-080 in the Agua and 5 Senores Veins (The following drill highlights round to the nearest two decimal places and silver equivalent is noted as "silver Eq."):

Copalito Plan Map Holes BDH-21-050 to BDH-21-081

Highlights from Agua Vein:

BDH-20-055

  • 276 gpt silver Eq. over 23 meters (2 gpt gold, 125 gpt silver and 0.92% lead plus zinc) including: o 642.54 gpt silver Eq. (9.26 gpt gold, 27.6 gpt silver and 0.57% lead plus zinc) over 5.00
    meters including:
    o 1408.51 gpt silver Eq. (21.1 gpt gold, 29 gpt silver and. 0.35% lead plus zinc) over 0.65 meters and
  • 676.03 gpt silver Eq. (587.3 gpt silver, 0.82 gpt gold and1.58% lead plus zinc) over 3.00 meters

BDH-21-056

  • 135.39 gpt silver Eq. over 21 meters (101 gpt silver, 0.22 gpt gold and 0.86% lead plus zinc) including:
    o 198.62 gpt silver Eq. (162.9 gpt silver, 0.28 gpt gold and 0.76% lead plus zinc) over 7 meters and 492 gpt silver Eq. over 1.50 meters.

CDH-21-80

  • 422.78 gpt silver. Eq. over 0.43 meters (133 gpt silver, 0.69 gpt gold and 10.63% lead plus zinc) within 1.84 meters of 199.44 gpt silver Eq (63 gpt silver, 0.42 gpt gold and 4.75% lead plus zinc).

Agua Vein Plan Mapand Cross Sections

Highlights from Senores Vein:

BDH-20-051

  • 289.62 gpt silver Eq. over 1.40 meters (2.95 gpt gold and 0.26% lead plus zinc).

BDH-20-052

  • 173.74 gpt silver Eq. over 0.48 meters (1.286 gpt gold and 3.37% lead plus zinc) within 34.38 gpt silver Eq. over 3.30 meters and:
  • 116.12 gpt silver Eq. (114.4 gpt silver, 0.02 gpt gold and 0.14% lead plus zinc) over 5.38 meters including:
    o 286.39 gpt silver Eq. (281 gpt silver, 0.06 gpt gold and 0.32% lead plus zinc) over 0.89 meters

5 Senores Vein Plan Mapand Cross Sections

Highlights from Chiva Vein in Holes BDH-21-057 to BDH-21-065:

BDH-21-057

  • 546 silver Eq. over 0.82 meters (513 gpt silver, 0.229 gpt gold, and 0.80% lead plus zinc) within 118.14 gpt Silver Eq. over 6.33 meters consisting (106.5 gpt silver, 0.059 gpt gold, and 0.33% lead plus zinc).

BDH-21-058

  • 1,364.03 gpt silver Eq. over 0.35 meters (300.0 gpt silver, 0.506 gpt gold, and 1.39% lead plus zinc) within 47.83 gpt silver Eq. over 12 meters (40.8 gpt silver, 0.070 gpt gold, and 0.11% lead plus zinc).

BDH-21-063

  • 1,343.77 gpt silver Eq. over 0.32 meters (453 gpt silver, 4.49 gpt gold, 27.05% lead plus zinc) within 268.8 gpt silver Eq. over 1.82 meters (86.1 gpt silver, 0.924 gpt gold, and 5.46% lead plus zinc).

Chiva Vein Plan Mapand Cross Sections

Highlights from Pilar Vein in Holes BDH-21-66 to BDH-21-79

The Pilar Vein is showing higher gold and base metal grades as compared to other veins with a notable 5.2 gpt gold and 15.94% lead plus zinc with 103 gpt silver over 0.85 meters (CDH-21-63) in this news release.

CDH-21-69

  • 275.21 silver Eq. over 1.24 meters (198 gpt silver, 0.78 gpt gold and 1.24 % lead plus zinc).

CDH-21-73

  • 437.6 gpt silver Eq over 0.9 meters (4.36 gpt gold, 13.8 gpt silver and 6.12% lead plus zinc) within 3.52 meters of 163.5 gpt silver Eq. (16 gpt silver, 1.28 gpt gold and 2.8% lead plus zinc).

CDH-21-74

  • 329.38 gpt silver Eq. over 0.9 meters (4.0 gpt gold, 20.1 gpt silver and 2.15% lead plus zinc) within 5.3 meters of 172.13 gpt silver Eq. (185 gpt silver, 1.1 gpt gold and 3.57 % lead plus zinc).

CDH-21-76

  • 810.1 gpt silver Eq. over 0.85 meters (103.1 gpt silver, 5.2 gpt gold and 15.94 % lead plus zinc).

CDH-21-79

  • 315.62 gpt silver Eq. over 0.45 meters (10 gpt silver, 3.37 gpt gold and 3.69% lead plus zinc) within 4.45 meters of 176.32 gpt silver Eq. (36 gpt silver, 1.05 gpt gold and 3.21% lead plus zinc).

Pilar Vein Plan Mapand Cross Sections

Detailed Drill Results - Holes BDH-20-050 to BDH-21-081

Hole ID

From

To

Interval

Silver

Gold

Lead +

Silver

Vein

(meters)

(meters)

(meters)

(gpt)

(gpt)

Zinc (%)

Eq. (gpt)

BDH-20-

44.68

63.63

18.95

32.8

0.171

0.29

50.74

5 Senores

050

Includes

45

51.77

6.77

50.3

0.148

0.24

65.50

60.14

63

2.86

76.5

0.684

0.208

127.51

BDH-20-

58.6

70

11.40

36.5

0.500

0.31

68.99

5 Senores

051

62.29

62.29

1.40

97.9

2.950

0.26

289.62

BDH-20-

73.3

76.6

3.30

14.2

0.236

0.62

34.38

5 Senores

052

76.12

76.6

0.48

61.0

1.285

3.37

173.74

95.68

96.52

0.84

16.0

0.696

0.92

62.76

97.67

98.3

0.63

33.0

1.755

1.30

149.19

138

143.38

5.38

114.4

0.019

0.14

116.12

138.89

139.78

0.89

281.0

0.065

0.32

286.39

BDH-20-

8.48

12.94

4.46

87.3

0.048

0.07

92.07

Agua

053

(South)

9

10

1.00

229.0

0.041

0.11

234.09

21

32

11.00

26.1

0.147

0.17

39.18

38

52

14.00

9.6

0.113

0.05

17.96

BDH-20-

16.8

20

3.20

75.7

0.039

0.16

81.69

Agua

054

22

25

3.00

4.7

0.279

0.17

26.74

BDH-20-

78

101

23.00

125.0

2.004

0.92

276.07

Agua

055

78

83

5.00

27.6

9.236

0.57

642.54

81

81.65

0.65

29.0

21.100

0.35

1408.51

97

100

3.00

587.3

0.819

1.58

676.03

106

110

4.00

7.3

0.302

1.15

53.88

BDH-21-

50

71

21.00

101.4

0.220

0.86

135.39

Agua

056

53

60

7.00

162.9

0.282

0.76

198.62

60

61.5

1.50

439.7

0.482

0.93

492.12

BDH-21-

15.67

22

6.33

106.5

0.059

0.33

118.14

Chiva

057

20.18

21

0.82

513

0.029

0.80

546.00

BDH-21-

21

33

12.00

40.8

0.070

0.11

47.83

Chiva

058

31.1

31.45

0.35

1300.0

0.506

1.39

1364.03

40.23

47.7

7.47

16.8

0.167

0.72

44.29

BDH-21-

28

28.8

0.80

16.5

0.342

0.18

56.17

Chiva

059

44

44.7

0.70

21.0

0.159

0.08

35.83

BDH-21-

93

104

11

5.4

0.547

1.27

71.25

Chiva

060

97

98

1

15.0

2.650

3.31

266.10

BDH-21-

28

30

2.00

19.2

0.867

0.44

86.15

Chiva

061

28

28.64

0.64

5.0

1.895

0.31

135.23

BDH-21-

26

32.53

6.53

15.5

0.190

0.51

39.93

Chiva

062

BDH-21-

29.68

31.5

1.82

86.1

0.924

5.46

268.08

Chiva

063

29.68

30

0.32

453.0

4.490

27.05

1343.77

BDH-21-

50.16

51.17

1.01

10.0

0.308

0.93

51.33

Chiva

064

BDH-21-

18

20

2.00

18.2

0.138

0.63

41.94

Chiva

065

28.3

31

2.70

2.9

0.107

1.12

36.39

BDH-21-

2.2

4.78

2.58

68.7

0.087

0.31

81.45

Pilar Sur

066

BDH-21-

Anomalous

067

Values

BDH-21-

4.77

12

7.23

41.8

0.090

0.20

52.34

Pilar Sur

068

BDH-21-

4

18

14.00

54.9

0.510

0.34

72.63

Pilar Sur

069

15

16.24

1.24

198.0

0.778

1.18

275.21

BDH-21-

Anomalous

Pilar

070

Values

BDH-21-

Anomalous

Pilar

071

Values

BDH-21-

87.57

89.11

1.54

7.4

0.424

0.37

43.57

Pilar

072

BDH-21-

118

127.5

9.50

7.0

0.506

1.22

68.01

Pilar

073

120.88

121.12

0.24

31.0

1.930

11.85

426.56

120.88

124.4

3.52

16.0

1.280

2.80

163.60

123.5

124.4

0.90

13.8

4.362

6.12

436.65

BDH-21-

85

90.3

5.30

18.5

1.092

3.57

172.13

Pilar

074

88.5

89.4

0.90

20.1

4.013

2.15

329.38

BDH-21-

68

78

10.0

14.2

0.724

1.67

61.26

Pilar

075

68.35

69.2

0.85

103.1

5.196

15.94

440.83

BDH-21-

Anomalous

076

Values

BDH-21-

Anomalous

077

Values

BDH-21-

Anomalous

078

Values

BDH-21-

183.69

188.14

4.45

36.0

1.052

3.21

178.32

Pilar

079

186.86

187.69

0.83

24.0

1.255

5.56

234.79

187.69

188.14

0.45

10.0

3.370

3.69

315.62

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Disclaimer

Kootenay Silver Inc. published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 13:50:06 UTC.


© Publicnow 2021
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