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Kootenay Silver and Theia Resources Announce Results of Surface Sampling Program at Two Times Fred Property, BC
Kootenay Silver and Theia Resources Announce Results of Surface Sampling Program at Two Ti...
About this update from Kootenay Silver Inc.
[{"type":"text","content":"\n\n\n\nKootenay Silver and Theia Resources Announce Results of Surface Sampling Program at Two Times Fred Property, BC\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\nKootenay Silver and Theia Resources Announce Results of Surface Sampling Program at Two Times Fred Property, BC\nCanada NewsWire\nVANCOUVER, Oct. 5, 2016\n\n\n\nVANCOUVER, Oct. 5, 2016 /CNW/ - Kootenay Silver Inc. (TSXV:KTN) (\"Kootenay\" or the \"Company\") and Theia Resources Ltd. (TSXV: THH) (\"Theia\") are pleased to announce new surface sampling which indicates potential for the discovery of high grade gold and silver on the Two Times Fred project located in British Columbia.\n\nA limited follow up sampling of exposures of new epithermal veins along strike of the Saki and Gold Hill veins has returned some very encouraging numbers from grab samples. Sample results grade up to 11.4 gpt gold with 39 gpt silver and 12.7 gpt gold with 139 gpt silver. There were 54 samples collected in total, 40 samples were collected from the veins excluding the high-grade values the average value was 202 ppb gold and 4.2 ppm silver. The highest grades encountered to date indicate that the 3 by 1.4 kilometre epithermal vein system has potential for the discovery of high grade gold and silver. High grade results from 2016 grab samples were returned from sub-cropping quartz veins within a 100 by 50 metre area of argillic and pyritic host rocks located approximately 750 metres north of the area drill tested in 2015.  These new samples may represent the edge of a higher grade shoot within the larger vein system. To view a map follow the link: Two Times Fred sampling and vein system.\n\nAssay results from surface sampling across the entire vein system have returned consistently anomalous values for gold and silver indicating a strong mineralizing system.  Vein textures, petrographic work, and newly discovered exposures interpreted as sinter, indicate that the system is exposed at very high levels.  Based on this interpretation deeper drilling will be required to find high-grade zones within the system. Further ex...