Core Insights - Kootenay Silver Inc. announced positive assay results from its Columba High-Grade Silver Project in Chihuahua, Mexico, with significant silver grades reported from multiple drill holes [1] - The ongoing drill program has expanded from an initial 50,000 meters to a total of 60,000 meters, with approximately 17,000 meters completed and 24 holes reported [1] - The inferred Mineral Resource Estimate (MRE) at Columba currently totals 54.1 million ounces of silver at a grade of 284 grams per tonne (gpt) [1] Drilling Results - Notable results include 10 meters of 503 gpt silver, 0.1% lead, and 0.6% zinc, as well as 9.88 meters of 319 gpt silver, 0.1% lead, and 0.6% zinc from the Lupe-B2 Vein System [1] - The D Vein Trend showed high-grade intercepts, including 0.7 meters grading 1,020 gpt silver and 0.6% lead, and a footwall vein with 3,640 gpt silver over 0.3 meters [1] - The Lupe Vein System also demonstrated strong potential with multiple intersections exceeding 1,000 gpt silver [1] Project Overview - The Columba project is characterized as a high-grade epithermal vein system, similar to other significant silver districts in Mexico [2] - The surface extent of mapped veins measures approximately 4 kilometers by 3 kilometers, with mineralization occurring over a vertical extent of at least 350 meters [2] - Historical mining activity occurred in the early 1900s and again from 1958 to 1960, with Kootenay Silver acquiring 100% of the project and conducting extensive exploration since [2] Quality Assurance and Technical Information - All technical information is obtained under a formal quality assurance and quality control (QA/QC) program, with samples analyzed by ALS Minerals in Chihuahua and Vancouver [2] - The mineral resource estimate was conducted by independent qualified persons and adheres to Canadian regulatory standards [3]
Columba drilling returns 10 meters of 503 gpt silver, 0.1% lead, 0.6% zinc and 9.88 meters of 319 gpt silver, 0.1% lead and 0.6% zinc from the Columba Drill Program
Prnewswire·2026-03-02 13:30