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KOOTENAY INTERCEPTS 721 GPT SILVER OVER 4 METERS WITHIN 415 GPT SILVER OVER 11.5 METERS ON THE E & J VEINS AT COLUMBA SILVER PROJECT, MEXICO

December 12, 2019

Kootenay Silver Inc. (TSXV: KTN; OTC: KOOYF) (the “Company” or “Kootenay”) is pleased to announce assay results from six core drill holes recently completed on the E and J Veins at its Columba high-grade silver project (the “Property”), located in Chihuahua State, Mexico.

Recent Highlights of the Continuing Drill Program:

* Hole CDH-19-030: 982 gpt silver over 1.9 meters within an intercept of 721 gpt silver over 4 meters and 415 gpt silver over 11.5 meters.This intercept is within a new type of mineralization hosted within silicified breccias in close proximity to a distinct lithologic contact. The overall interval averaged 200 gpt silver over 25.85 meters intercepting quartz veinlets and hydrothermal breccias across the J Vein structure.
* Hole CDH-19-029: 67 gpt silver over 6.25 meters including 172 gpt silver over 2.09 meters intercepting quartz veinlets in rhyolite and hydrothermal breccias across the J Vein structure;
* Hole CDH-19-031: 314 gpt silver over 3.0 metres including 776 gpt silver over 0.63 metres in hydrothermal breccias and quartz veinlets across the E Vein structure. This intercept may be the same breccia horizon as encountered in hole CDH-19-030. More drilling is required to confirm the orientation and correlation of these breccias;
* Hole CDH-19-033: 146 gpt silver over 9.57 meters within 48 gpt silver over 59.8 meters intercepting the E Vein comprised of fault zone, quartz veinlets, manganese calcite vein, and brecciation across the E Vein structure); and
* Hole CDH-19-034: 103 gpt silver over 6.63 meters in the E Vein (quartz-barite vein with banded textures) and 124 gpt silver over 1-meter intercepting quartz veinlets in rhyolite and hydrothermal breccias (along the E Vein Structure).
Click the following links to view: Plan Map and Cross Sections for holes 29 to 34

Kootenay President and CEO James McDonald states “The high-grade intercept in hole CDH-19-030 represents an exciting new style of breccia and stockwork mineralization identifying a new and potentially wide-spread target area. It is about 700 meters away from the historically mined F Vein within a completely different vein. Similar breccia mineralization was seen in CDH-19-031 about 200 meters away and may be the same mineral zone. Determining if this is the case will be one of the priorities for the next phase of drilling in the new year.”

Continued at:

https://www.kootenaysilver.com/news/kootenay/2019/kootenay-intercepts-721-gpt-silver-over-4-meters-within-415-gpt-silver-over-115-meters-on-the-e-and-j-veins-at-columba-silver-project-mexico