Vancouver-based Kootenay Silver Inc. (TSX VENTURE: KTN.V) ("Kootenay") has announce joy assay results from a further fifteen drill holes as part of
Vancouver-based Kootenay Silver Inc. (TSX VENTURE: KTN.V) ("Kootenay") has announce joy assay results from a further fifteen drill holes as part of its ongoing, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico.
The Company reports drilling continues to encounter high-grade results within a newly identified breccia zone situated between the Pit and NE Zones (See June 4, 2013 news release). A further 5,500 meters of drilling have been completed, which concludes the current 5,000 meter drill phase, bringing the total drilled since November 2012 to 21,500 meters.
The Company reports, mapping, core logging and compilation of results are currently underway to establish the next phase of work on Promontorio.
· DH 203 Returned: 114 gpt Silver Eqv. Over 29.0 Meters (27 gpt Ag, 1.37 Au, 0.69% Pb+Zn)
Includes: 396 gpt Silver Eqv. Over 5.0 Meters (79 gpt Ag, 5.0 gpt Au, 2.47% Pb+Zn)
· DH 205 Returned: 147 gpt Silver Eqv. Over 15.0 Meters (76 gpt Ag, 1.19 gpt Au, 0.36% Pb+Zn)
Includes: 227 gpt Silver Eqv. Over 5.0 Meters (147 gpt Ag, 1.26 Au, 0.64% Pb+Zn)
· DH 207 Returned: 108 gpt Silver Eqv. Over 34.0 Meters (41 gpt Ag, 0.72 Au, 1.43% Pb+Zn)
Includes: 222 gpt Silver Eqv. Over 8.0 Meters (71 gpt Ag, 1.88 gpt Au, 2.47 % Pb+Zn)
Kootenay Silver President and CEO James McDonald stated, "We are very pleased with current drill results, as we conclude another successful phase of drilling on Promontorio. Results have been remarkably consistent throughout the current phase, generating multiple high-grade hits within broad zones of widespread mineralization. Drilling continues to establish continuity of mineralization between the two main zones. Gold grades are increasing in the Central Breccia area between the NE and Pit Zones underscoring the complexity and potential of Promontorio's large diatreme system."