Categories: Coin Shop Blog

Kootenay Provides Drilling Update on 3,000 Meter Program at La Cigarra Silver Project, Mexico

VANCOUVER, Dec. 7, 2016 /CNW/ – Kootenay Silver (TSXV:KTN) is pleased to report 6 additional core drill holes have been completed and submitted for assaying, with the core drill rig collared on the 7th hole within the La Soledad Zone, located approximately 1,000 meters south of the Company’s established La Cigarra silver resource in Chihuahua State, Mexico.

Drilling on La Soledad is part of a current 3,000 meter, multi-phase discovery and resource expansion program underway to assess and evaluate several high priority targets that have been identified proximal to the La Cigarra deposit with the potential to add near surface silver resources to the project. The Company drilled the first 11 holes of the program on La Cigarra’s adjoining RAM structure resulting in an entirely new silver discovery (see news release dated November 23, 2016), within a large structurally controlled anomalous silver trend measuring 3.8 kilometers in length. Combined with the 5 holes drilled on the La Soledad structure, the Company reports it has completed a total of 16 holes to date on the program.

The La Soledad structure is contained within the southern extension of the main La Cigarra mineralized system that currently measures over 6.5 kilometers in length and remains open to the north and south. A comprehensive ground exploration and reconnaissance program recently conducted by Kootenay on La Soledad confirmed mineralization along the structure occurs as quartz vein breccias up to 8 meters in width with peripheral veins and stockworks in a 60 to 80 meter wide zone.  Previous rock and chip sampling taken by both Northair Silver and Kootenay returned high-grade silver values of 582, 458, 323, 278, 277gpt.  Kootenay’s technical team report the mineralized quartz breccias share similar textural affinities to the major Veta Colorada Mine located to the east of the La Cigarra Property (immediately north of the City of Parral) and to the San Francisco Del Oro and Santa Barbara veins being actively mined immediately south of La Cigarra.  To view maps of the La Soledad Structure highlighting the silver in rock sampling program click on the following links: La Soledad Silver in Rock Sampling Plan; La Soledad Silver in Rock Sampling Image.

The Soledad Zone is one of 8 prospective targets that have been identified proximal to the La Cigarra deposit with the potential to add near surface silver resources to the project.

In total, the Company completed an additional 1,000 meters in drilling in the 5 diamond drill holes on La Soledadstructure.  Results from Phase I drilling on the La Soledad will be announced as soon as assays from the program are compiled and interpreted by the Company.

Read the full press release.

Connect with Kootenay Silver (TSXV:KTN) to receive an Investor Presentation.

The post Kootenay Provides Drilling Update on 3,000 Meter Program at La Cigarra Silver Project, Mexico appeared first on Investing News Network.

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