Kootenay Silver Inc. (TSX-V: KTN) is pleased to announce JV operator Aztec Minerals Corp. has released additional drill results on the California target, which continue to return broad gold mineralization from the 2022 RC drill program being completed at the Cervantes property located in Sonora, Mexico.
California Zone Highlights
Additionally, at the Jasper target a new zone of copper mineralization was intercepted in drilling.
Widespread visible copper oxides and sulfides occur over 150 meters in quartz feldspar porphyry intrusion in RC drill hole at Jasper target 600 meters west of California Zone at Cervantes in CAL22-017
Hole JAS22-001, 600 meters west of California Zone, hit widespread visible copper oxide and secondary sulfide mineralization over 150 meters of quartz feldspar porphyry intrusion, including 0.332 gpt gold over 9.1 metres.
The first ICP results have been returned and show some very good copper and gold grades. For example, CAL22-001 has 0.21% copper and 1.1 gpt gold over 88.4 meters including 0.45% copper and 3.92 gpt gold over 15.2 meters. The ICP results are consistent with a copper-gold porphyry system.
View drill section here:
Reported lengths are apparent widths, not true widths, and the observed gold mineralization appears to be widely distributed in disseminations, fractures and veinlets within quartz-feldspar porphyry, feldspar porphyry stocks and related hydrothermal breccias.
Table 1: Select Multi-Element Results with Gold
Table 2: RC Drilling Results (Gold Only)
|Drill Hole||From (m)||To (m)||Interval (m)||Gold gpt||Comments|
|CAL22-001||22.86||111.3||88.41||1.1||230 Az, -60|
|CAL22-002||0||108.2||108.2||0.374||225 Az, -60|
|CAL22-003||45.7||91.5||45.7||0.451||233 Az, -60|
|CAL22-004||0||167.2||167.2||1.002||236 AZ, -59|
|CAL22-005||0||136.8||136.8||1.486||236 Az, -59|
|CAL22-006||16.77||117.38||100.32||0.75||229 Az, -60|
|CAL22-007||32.01||39.63||7.6||0.684||225 Az, -59|
|CAL22-008||0||54.72||54.72||0.884||212 Az, -58|
|CAL22-009||0||86.64||86.64||0.5||235 Az, -60|
|CAL22-010||0||138.32||138.32||0.53||227 Az, -52|
|CAL22-011||25.9||158.5||132.2||0.427||224 Az, -59|
|CAL22-012||41.2||193.6||152.4||0.872||228 Az, -59|
|CAL22-013||140.2||147.9||7.7||0.209||229 Az, -60|
|CAL22-014||0||54.9||54.9||0.484||205 Az, -58|
|CAL22-015||4.6||73.0||68.4||0.421||204 Az, -59|
|CAL22-016||0||56.2||56.2||0.475||207 Az, -58|
|CAL22-017||29.0||53.3||24.3||0.315||251 Az, -60|
The Aztec-Kootenay JV has now completed its Phase 2 Reverse circulation program of 26 holes, totaling 4,649 metres at the Cervantes Property.
Drill samples cuttings are collected every 5 feet (1.52m) from all drill holes. The samples are analyzed by Bureau Veritas for gold with a 30-gram sample size using the method FA430 followed by MA300. Over limits, when present, are analyzed by AR404 or FA550. All holes contain certified blanks, standards, and duplicates as part of the quality control program. The QA/QC review for all drilling has been completed with excellent results showing good data integrity. The samples are shipped to and received by Bureau Veritas Minerals laboratory for the gold and multielement geochemical analysis and additional gold results will be received and reported in the next several weeks. Final multielement ICP results are expected to follow the release of the preliminary gold assays and are expected to be received during the second quarter 2022.
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.
About Kootenay Silver Inc.
Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.
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