Kootenay Reports Results from Nine Holes in Ongoing Columba Drill Program
Prnewswire·2026-01-08 12:00

Core Insights - Kootenay Silver Inc. has announced additional assay results from its ongoing 50,000-meter drill program at the Columba High Grade Silver Project in Chihuahua, Mexico, focusing on expanding known resource bodies [1][11] Drilling and Resource Expansion - The drilling program is aimed at expanding the inferred Mineral Resource Estimate (MRE) of 54.1 million ounces (Moz) of silver, based on 5.92 million tonnes (Mt) at a grade of 284 grams per tonne (gpt) [2][3] - The current drilling includes nine holes, with four targeting the D Vein and five targeting the B2/Lupe Vein System, testing extensions of known mineralized structures at approximately 100-meter spacing [3][5] D Vein Highlights - The D Vein Trend shows aggressive extension drilling, with all holes targeting intercepts around 100 meters beneath existing known mineralization, indicating the vein remains open at depth and along strike [3][11] - Significant results include a 12.9-meter interval averaging 87 gpt Ag, with deeper holes indicating a pattern of mineralization that is expected to repeat in the down dip direction [7][11] Lupe-B2 Vein System - The Lupe-B2 Trend shows strong potential for wide and high-grade mineralization, remaining open along strike and to depth [5][11] - Notable intercepts include 7.6 meters averaging 299 gpt Ag from the Lupe Vein and 4.53 meters averaging 390 gpt Ag from the B2 Vein, both within broader low-grade envelopes [13][15] Ongoing Drilling and Future Plans - The company is currently 13,000 meters into the 50,000-meter drilling program, with additional holes awaiting assay results and plans to increase the number of drill rigs at the project [11][12] - The exploration team emphasizes the potential for further expansion of high-grade resources, particularly in the B2/Lupe corridor [12][11] Corporate Developments - Kootenay Silver has extended its marketing services agreement with Sideways Frequency LLC for an additional three-month term at a cost of $250,000 [18] - The company has also raised funds through an "at-the-market" equity distribution program, generating net proceeds of $256,721 during the fiscal quarter ended December 31, 2025 [19]