InvestorsHub Logo
Followers 328
Posts 92770
Boards Moderated 3
Alias Born 07/06/2002

Re: None

Thursday, 06/20/2019 8:36:02 AM

Thursday, June 20, 2019 8:36:02 AM

Post# of 1360

Kootenay Silver Reports Columba Access Road and Surface

Kootenay Silver Inc. (TSXV: KTN; OTC: KOOYF) (the "Company" or "Kootenay")
is pleased to announce completion of road building into the Company's Columba silver project, located in Chihuahua State, Mexico and that the surface access agreement with the landowner has been signed.

Kootenay President and CEO, James McDonald stated: "It took longer than predicted to finalize the road building and surface agreement, but with them in place drilling can now begin. Construction of a temporary camp on site for the drill crew is starting and expected to take about 10 days; during such time a drill rig will be mobilized. Drillers will arrive upon completion of the camp and drilling is expected to be underway the week of June 17(th). We are very excited to be on the doorstep of drill testing Columba and hope to confirm the impressive high grades reported from historic work."

Since acquiring Columba, the Company has undertaken a mapping and surface sampling program with silver grades of up to 693 gpt sampled on surface. This area includes a network of underground workings comprised of 4 shafts and 6 levels of drifts reported to measure over 1,000 meters in length. Historic* mine records indicate grades from these underground workings to range from 600 to 900 gpt silver with highlights of 1,900 gpt silver over 4 meters and 679 gpt silver along 133 meters of vein strike and 1.3 meters of vein width. (Click on this link to view a video that illustrates the historic underground mining data).

* The Company cautions that a qualified person has not done sufficient work to verify the historical sampling data and has not substantiated any data as it pertains to the Property; therefore, the reader should not rely upon such historical grades. The information is not necessarily indicative of mineralization on the Property and is provided as background and context material for the reader. The Company is treating the historical sampling data as a guideline to determining potential future exploration programs.

About Columba
Columba is a past producing high-grade silver mine, which operated on a small scale circa 1910 and again briefly circa 1958-60. The Property covers a large, potentially high-grade silver epithermal system comprised of numerous veins, which the Company has mapped over strike lengths from 200 meters to up to 2 kilometers.

Columba Geology
Mineralization at Columba is text book low to medium sulfidation epithermal vein hosted, displaying the classic zonation from non or weakly anomalous silver at high elevations that increase with depth into the classic high-grade zones that make them such profitable deposit types. (Click to view an image that shows this zonation on the Property). https://tinyurl.com/y2dg53y9

Sampling and QA/QC
Surface samples reported herein are a combination of grab, chip and panel chip. All technical information for the Columba exploration program is obtained and reported under a formal quality assurance and quality control ("QA/QC") program. Samples are taken under the direction of qualified geologists. Samples are then labeled placed in plastic bags, sealed and with interval, location and sample numbers recorded. Samples are delivered by the Company via courier to ALS Minerals ("ALS") in Hermosillo. The samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS in Vancouver, B.C. Systematic assaying of standards, blanks and duplicates is performed for precision and accuracy. Analysis for silver, zinc, lead and copper and related trace elements was done by ICP four acid digestion, with gold analysis by 30-gram fire assay with an AA finish.

Qualified Persons
The Kootenay scientific and 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 and approved on behalf Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.

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.

On Behalf of the Board of Directors of
KOOTENAY SILVER INC.
"James McDonald"
President & CEO

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: https://www.kootenaysilver.com

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.

CAUTIONARY NOTES:
The sampling results disclosed in this news release are not necessarily indicative and drilling is required to confirm a mineral deposit.

https://www.kootenaysilver.com/news/kootenay/2019/columba-access-road-and-surface-access-agreement-completed







Dan

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.