Replies to post #1126 on Silver Penny Plays

[basserdan]

Kootenay Silver announces generative program in Nechako Plateau results in the discovery of two precious metals mineral systems

April 3, 2014

Kootenay Silver Inc. (TSX VENTURE:KTN.V; OTC:KOOYF) (“Kootenay”) is pleased to announce exploration activities conducted in the Nechako Plateau, British Columbia over the past two work seasons has resulted in the discovery of two new precious metal mineral systems called the Fox and Two Times Fred.

Highlights of the new finds are:

* Known deposits and former producers in area such as the Blackwater Gold Deposit and the former producing Equity Silver Mine demonstrate geologic terrane that is permissive for large deposits.

Fox Property:

* Strongly anomalous gold (“Au”) and silver (“Ag”) values in surface grab samples to 32 grams per tonne (“gpt”) Au and 6049 gpt Ag.
* Numerous anomalous mineral occurrences over one square kilometer.
* Best mineralization underlain by three kilometer long magnetic anomaly.
* Alteration and mineralization indicate potential for “disseminated and high grade type discovery”.

Two Times Fred Property:

* Consistently anomalous gold with silver in upper levels of a “hot spring” epithermal gold system.
* Composite grab samples averaging 0.388 gpt Au with all samples averaging 0.318 gpt Au.
* Geology and mineralization indicate potential for large low grade and smaller high grade deposits.
* Stacked Gold anomalous silica veins lie flat over a large 1.75 by 2.5 kilometer area.
* Mineralization coincident with airborne magnetic and EM anomalies with bigger aerial extent than known occurrences.

Kootenay targeted the Nechako Plateau region for gold and silver exploration as the geology is conducive to the formation of large precious metals deposits as evidenced by the renowned Blackwater gold deposit and the Equity Silver deposit. Multi-phase exploration conducted by Kootenay leading up to the discoveries included extensive ground soil and rock sampling, biogeochemistry, geological mapping, processing and in-depth interpretation of government magnetic and EM surveys and ground geophysical surveys (magnetic and VLF-EM).

Continued at:
http://www.kootenaysilver.com/s/NewsReleases.asp?ReportID=646052&_Type=News-Releases&_Title=KOOTENAY-ANNOUNCES-GENERATIVE-PROGRAM-IN-NECHAKO-PLATEAU-RESULTS-IN-THE-DIS...