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Kootenay Announces 2017 Drill and Exploration Program to Commence on La Negra Silver Discovery in Sonora, Mexico Operated by Pan American Silver Corp
Kootenay Announces 2017 Drill and Exploration Program to Commence on La Negra Silver Disco...
About this update from Kootenay Silver Inc.
[{"type":"text","content":"\n\n\n\nKootenay Announces 2017 Drill and Exploration Program to Commence on La Negra Silver Discovery in Sonora, Mexico Operated by Pan American Silver Corp\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 2, 2017\n\n\n\nVANCOUVER, March 2, 2017 /CNW/ - Kootenay Silver Inc. (TSXV: KTN) (the \"Company\" or \"Kootenay\") is pleased to announce plans are underway to proceed with the 2017 exploration program being conducted and operated by Pan American Silver Corp on its La Negra silver discovery in Sonora, Mexico. The program is part of an option agreement between Kootenay and Pan American that provides Kootenay with a series of work and cash commitments and a carried to production interest on La Negra. \n\nThe 2017 program will focus on defining the potential size of the La Negra magmatic hydrothermal silver-lead breccia. The current program budget is US$2.0 million and will entail approximately 6500 meters of diamond drilling, geologic mapping and reconnaissance work to define additional prospective targets proximal to La Negra within the Promontorio project. Drilling is scheduled to start late in the second quarter.\n\nStates Kootenay President and CEO James McDonald \"We are very pleased to launch with the 2017 drill and exploration program on the La Negra silver discovery. We look forward to this next phase of work in particular to the drill results from the La Negra breccia that in 2016 returned multiple intercepts of high-grade silver mineralization within a 600-meter strike length of the breccia, remaining open at depth.\"\n\nFurther details will be reported by Kootenay once Pan American confirm the upcoming exploration and drill program has been finalized and a drilling contractor has been engaged.\n\nThere are currently 4 additional holes to report from the 2016 Phase I program with Pan American Silver that will be reported once assay results are received and compiled by the Company.\n\nResults from Phase I Exploration and Drilling Program on La Negra:\n\nPan American began managing the exploration program in April 2016 and comm...