KOOTENAY SILVER REPORTS AZTEC MINERALS BEGINS DRILLING AT CERVANTES PROPERTY, SONORA, MEXICO
November 14, 2017 Kootenay Silver Inc. (TSXV: KTN; OTC: KOOYF) (the “Company” or “Kootenay”)
is pleased that its exploration partner Aztec Minerals Corp. (TSXV: AZT) today announced the commencement of a diamond core drill program (the “Program”) on the Cervantes gold-copper porphyry property in Sonora State, Mexico.
The Program will consist of 14 to 17 holes totalling approximately 3,000 metres to test the gold oxide cap located in the California Zone, where 50m x 50m spaced soil sampling identified a 600m wide by 900m long gold anomaly averaging 0.44 grams per tonne (“gpt”).
Drilling will also test the gold-copper oxide mineralization found in the Jasper target, where Aztec recently identified 92.4m of 0.62 gpt gold and 0.52% copper in trenching (see Aztec’s news release dated October 3, 2017). During the Program, Aztec will drill one hole to approximately 500m depth to test one of the geophysical chargeability/resistivity anomalies identified by the induced polarization survey conducted last year for gold-copper sulfide mineralization.
The full Aztec news release can be found on their website or SEDAR profile.
The Cervantes Property is held under an earn-in option to agreement whereby Aztec Minerals can acquire up to 100% interest in the property in two stages which would leave Kootenay with a 2.5 % NSR and a payment of US$5.00 per ounce or gold equivalent based on a NI 43-101 Resource Estimate (see Kootenay news release dated October 13, 2015). Qualified Persons
The Kootenay technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed on behalf of Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Kootenay Silver Inc.
Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of two of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
. For additional information, please contact:
James McDonald, CEO and President at 403-880-6016
Ken Berry, Chairman at 604-601-5652; 1-888-601-5650
or visit: http://www.kootenaysilver.com http://www.kootenaysilver.com/news/kootenay/2017/kootenay-silver-reports-aztec-minerals-begins-drilling-at-cervantes-property-sonora-mexico