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Couloir Capital is Pleased to Announce it has Initiated Research Coverage for Kootenay Silver
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2023) - Couloir Capital is pleased to a...
About this update from Kootenay Silver Inc.
[{"type":"text","content":"Couloir Capital is Pleased to Announce it has Initiated Research Coverage for Kootenay SilverVancouver, British Columbia--(Newsfile Corp. - August 22, 2023) - Couloir Capital is pleased to announce it has initiated research coverage for Kootenay Silver Inc. (TSXV: KTN) (\"KTN\", or \"Company\"). The new report is titled, \"Advanced Silver Exploration in Mexico with a Significant Resource Base and Enticing Upside Potential.\" The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal. All investors are encouraged to sign up for a subscription to receive research reports and other valuable information. It is free and always will be. Report excerpt: \"Can La Cigarra and Promontorio be mined profitably?According to an article by The Independent Speculator, a rule of thumb for classifying silver grades in ore deposits is shown in the below table and to help illustrate why that classification is relevant, the rock value corresponding to the silver grade ranges has also been included. The rock value is useful because it allows us to approximate if the grade is high enough to cover the cost of potential extraction given the metal contained. The over- and underground mining costs in the table below were taken from the technical reports used to compile the list of resources for peer comparison.Table 7: Categories of Silver Grades, Rock Values and Mining Costs Source: Independent Speculator, Couloir Capital To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7358/178013_871c382c546a7b94_001full.jpgWith an average grade of the indicated resource of just over 100 g/t for La Cigarra and just under 80 g/t for Promontorio, both deposits fall into the middle range of the average grade category. That tells us that given the cost estimates and current metals prices, the silver at both deposits could be mined profitably in theory. However, there remains considerable uncertainty around key metrics like metallurgy, stripping ratio and size of the operation (CAPEX), all of which will have direct impacts on the economics of mining projects.\"About Couloir Capital Ltd.Couloir Capital Ltd. is an investment research firm comprised of a team of experienced investment professionals dedicated to providing opportunities in the natural resource exploration an...