Kootenay Silver Set to Commence Stage One of the Next 50,000 Meters of Drilling at Columba High-Grade Silver Project, Mexico

Core Viewpoint - Kootenay Silver Inc. is set to commence a staged drilling program aimed at expanding its silver resource at the Columba project, following a successful maiden resource announcement of 54 million ounces of silver at a grade of 284 gpt [1][3]. Group 1: Drilling Program - Drill crews are scheduled to arrive by the end of July 2025, with the first drill starting in early August and a second drill following ten days later [1]. - The initial phase of the drilling program will involve 25,000 to 30,000 meters focused on expanding existing resource bodies in the D, F, and B/Lupe veins, which remain open for further exploration [2]. Group 2: Resource Estimates - The maiden resource estimate for the Columba project includes 5.92 million tonnes grading 284 gpt silver, 0.19% lead, and 0.50% zinc, translating to 54.1 million ounces of silver, 25.2 thousand tonnes of lead, and 65.6 thousand tonnes of zinc [4][6]. - The resource estimate is based on 17 epithermal veins and is exclusive of mined-out material [6][11]. Group 3: Financial Position - The company is fully funded for the drilling program, having recently closed a $20 million bought deal financing [2]. Group 4: Future Objectives - The company aims to increase its silver resource to over 100 million ounces, leveraging the open-ended nature of the vein zones for further exploration [3].