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Kootenay Announces Option Agreement with Capstone Mining for the La Mina Project

Kootenay Announces Option Agreement with Capstone Mining for the La Mina Project C...

articleKootenay Silver Inc.June 28, 20185/company/kootenay-silver-inc/news/kootenay-announces-option-agreement-with-capstone-mining-for-the-la-mina-project
Kootenay Announces Option Agreement with Capstone Mining for the La Mina Project

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[{"type":"text","content":"\n\n\n\nKootenay Announces Option Agreement with Capstone Mining for the La Mina Project\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, June 28, 2018\n\n\n\nVANCOUVER, June 28, 2018 /CNW/ - Kootenay Silver Inc. (TSXV: KTN) (the \"Company\" or \"Kootenay\") is pleased to announce that its wholly owned Mexican subsidiary has entered into an option agreement (\"Agreement\") with Capstone Mining Corp. (TSX: CS) (\"Capstone Mining\") on the Company's La Mina Project (\"La Mina\"), located 180 kilometers southeast of the city of Hermosillo in Sonora State, Mexico.  La Mina was staked by Kootenay as part of its generative property portfolio strategy and covers the upper levels of a zoned copper porphyry mineral system exposed over a 2 by 2 kilometer area. \n\nKootenay President & CEO, James McDonald stated: \"We are pleased to have completed the Agreement with Capstone Mining and are looking forward to have them drill test this exciting copper porphyry system\".\n\nLa Mina contains a large leached argillized pyritic zone exposed at surface where surface grab and chip samples taken averaged about 300 ppm copper. This is consistent with leached zones above enriched copper deposits to the north such as at La Caridad, where the leached zone was in the 200 ppm range and overlaid an enriched deposit of 0.7% copper.  Click to view maps of copper (%) and gold (gpt) rock samples taken within the leached pyrite shell.\n\nThe concessions also cover an exotica copper zone northwest of the leached pyritic shell where sampling averaged 0.49% copper over 40 rock chip samples. This zone occurs over an approximate 100 by 700-meter area. Additionally, there is a peripheral zone of silver-gold veins out bound from the copper porphyry which is classic of zonation around porphyries. Kootenay discovered the area while conducting a grass roots generative work program looking for silver deposits. Click to view map of copper (%) rock samples taken within the exotica copper and polymetallic vein zones.\n\nThe Agreement allows Capstone Mining to earn...

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