Business

Kootenay Silver makes progress with Columba Project in Mexico - PDAC 2024

(NewsDirect) Kootenay Silver Inc (TSX-V:KTN) CEO Jim McDonald shares an update on the com...

articleKootenay Silver Inc.March 14, 20243/company/kootenay-silver-inc/news/kootenay-silver-makes-progress-with-columba-project-in-mexico-pdac-2024
Kootenay Silver makes progress with Columba Project in Mexico - PDAC 2024

About this update from Kootenay Silver Inc.

[{"type":"text","content":"Kootenay Silver makes progress with Columba Project in Mexico - PDAC 2024\n \n \n (NewsDirect)\n \n \n \n \n Kootenay Silver Inc (TSX-V:KTN) CEO Jim\nMcDonald shares an update on the company's projects with\nProactive's Angela Harmantas at PDAC 2024 conferenc.\n \n \n McDonald told Proactive the company is\nexperiencing positive momentum from the gold and silver markets,\ncontributing to a buoyant atmosphere among stakeholders. He\nhighlighted the progress of the company's flagship project, the\nColumba project in Mexico, known for its silver deposits. This\nproject, described as a newly discovered vein district, remains\nlargely unexposed to erosion, preserving its original deposits. Over\nthree years, Kootenay Silver has drilled 30,000 metres across 147\nholes, with plans to drill an additional 5,000 metres in approximately\n24 holes, focusing on the D vein which has shown significant silver\nintercepts.\n \n \n The company aims to\nestablish a maiden resource for Columba by the end of 2024, contingent\non market conditions and fundraising efforts, estimating a requirement\nof an additional 20,000 metres of drilling.\n \n \n Additionally,\nMcDonald discussed the La Cigarra project, also in Mexico, which has\nrecently updated its mineral resource estimate. The revision has\nincreased the measured and indicated grade from 85-86 grammes of\nsilver per tonne to 102 grammes per tonne, without loss of material.\nThis update enhances the project's economic viability, especially\nwith silver prices approaching or exceeding $30, contributing to\nKootenay Silver's potential for growth in a bullish silver\nmarket.\n \n \n \n Contact Details\n \n \n \n Proactive United\nStates\n \n \n +1 347-449-0879\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2024 TheNewswire - All rights reserved.\n \n \n","length":2205,"tagName":"div"}]

More updates from Kootenay Silver Inc.