Kootenay Silver Plans 3,000 Metre Drill Program at La Cigarra Project, Mexico

Kootenay Silver (TSXV:KTN) announced that it is preparing to conduct a 3,000 metre drill program on its 100% owned La Cigarra silver project located in Chihuahua State, Mexico. The targeted drill program, scheduled to commence in Q3 2016 is designed to test the high priority RAM target and to expand La Cigarra’s current mineral resource estimate by targeting continuity of high-grade trends recently identified within the resource.

As quoted in the press release:

Drill testing on La Cigarra will test the continuity of several high-grade trends identified within the deposit with focus on stepping out from existing mineralization along the extensions of what appear to be underlying high-grade zones. This includes the southern boundary of the Las Carolinas Zone where hole 155 returned 23 metres of 138 g/t silver. (See Kootenay/Northair News Release dated Dec 15, 2014).  This area remains open down dip and along strike to the southeast, which could potentially extend an additional two (2) kilometres.

In conjunction with the preparation of the drill program, Kootenay’s technical team has been focused on advancing the La Cigarra deposit with the objective of moving towards a Preliminary Economic Assessment (“PEA”).  The Company has been assessing the potential to increase grade, in order to demonstrate the economic potential of the project by seeing if there are contiguous zones of higher grade within the current NI 43-101 silver resource estimate.  This approach shows promise as several north trending higher grade zones have been identified.  These zones also correspond nicely with the resource blocks above a 75 g/t Ag cutoff contained within the current resource estimate.  Although the existing resource estimate did not publish silver resources at a 75 g/t Ag cutoff, the ounces at a 50 g/t Ag cutoff total 44.47 million ounces of Measured and Indicated ounces grading 103 g/t Ag with another 9.6 million ounces of Inferred grading 97 g/t.  *(See resource estimate below and as filed on SEDAR).

Kootenay Silver President and CEO, James McDonald, stated:

We are very excited to proceed with a targeted drill program on La Cigarra mineral resource and the nearby RAM target. The objective will be to further enhance the size and grades of our established silver resource estimate on La Cigarra prior to proceeding with a Preliminary Economic Assessment on the project. Concurrently, we will conduct the first drill test on our high priority RAM target that is a large, structurally controlled trend that demonstrates significant potential to further add to our current silver resources.

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