Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce that drilling is proceeding as scheduled at the Copalito silver-gold project, located in Sinaloa State, Mexico. To date, the Company has completed 1,600 of the planned 3,500 meters (the “Program”) over 19 shallow drill holes, ranging from 50 to 160 meters in depth. As previously announced in the Company’s new release related to Columba property dated April 15, 2021, laboratory delays for assay turn around time has been longer than expected causing result announcement delays.
The Program is a follow up to last year’s maiden drill program along the five principal veins. Notable drill results from 2020 program included:
BDH-20-004 (5 Senores Vein)
BDH-20-015 (Pilar Vein)
BDH-20-033 (Pilar Vein)
BDH-20-040 (5 Senores Vein)
The Program has focused primarily on the 5 Senores vein, with drilling now stepping out to test the Agua and Chiva Veins. The Company will announce results when received and compiled.
About Copalito Silver-Gold Project
The Copalito Project is a classic low sulphidation epithermal vein system which has numerous small old workings and no evidence or reports of historic exploration drilling. The Property consists of seven concessions totaling approximately 3,700 hectares and is located 35 kilometers east of McEwen Mining’s “El Gallo Mine” complex in Sinaloa State, along the western fringes of the Sierra Madre Occidental in northwestern Mexico. The Copalito Project has good access, topography and infrastructure.
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 and approved on behalf of Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.
Sampling and QA/QC
All technical information for the Copalito exploration program is obtained and reported under a formal quality assurance and quality control (“QA/QC”) program. Samples are taken from core cut in half with a diamond saw under the direction of qualified geologists and engineers. Samples are then labeled, placed in plastic bags, sealed and with interval and sample numbers recorded. Samples are delivered by the Company to ALS Minerals (“ALS”) in Hermosillo, Sonora. The samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS in North 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. All drilling reported is HQ core and has been contracted to Globexplore Drilling from Hermosillo, Mexico.