Business

Kootenay Temporarily Suspends Drill Programs at Columba & Copalito Silver Projects, Mexico

Kootenay Temporarily Suspends Drill Programs at Columba & Copalito Silver Projects, Me...

articleKootenay Silver Inc.March 31, 20204/company/kootenay-silver-inc/news/kootenay-temporarily-suspends-drill-programs-at-columba-and-copalito-silver-projects-mexico
Kootenay Temporarily Suspends Drill Programs at Columba & Copalito Silver Projects, Mexico

About this update from Kootenay Silver Inc.

[{"type":"text","content":"\n\n\n\nKootenay Temporarily Suspends Drill Programs at Columba & Copalito Silver Projects, Mexico\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 Temporarily Suspends Drill Programs at Columba & Copalito Silver Projects, Mexico\nCanada NewsWire\nVANCOUVER, March 31, 2020\n\n\n\nVANCOUVER, March 31, 2020 /CNW/ - Kootenay Silver Inc.  (TSXV: KTN) (the \"Company\" or \"Kootenay\") reports that it has temporarily suspended the current drill programs at its Columba silver & Copalito silver-gold projects located in the states of Chihuahua and Sinaloa, Mexico.  These actions were taken to minimize the potential exposure of the novel coronavirus (\"COVID-19\") to the Company's employees, contractors, families and communities and to comply with the Mexico Presidential Decree issued March 30, 2020.  \n\n \n \n \n \n \n \n\n \nKootenay President and CEO, James McDonald stated: \"Although these drill stoppages are  unfortunate, it is the responsible course of action to take under the current circumstances. Kootenay will continue to monitor the evolving situation and follow protocols consistent with minimizing the spread of the COVID-19 virus to protect the health of its work force and their local communities.  Kootenay is well financed with $6.8 million in cash, no debt and possesses quality silver assets that will continue to strongly position the Company once the markets emerge from this crisis.\"\nPrior to the work stoppage at Columba, the Company completed a total of 1,679 metres over 10 drill-holes of the planned 7,000 metre phase II program.  To date, phase II drilling has focused on the historically mined F Vein to define the mineralized strike length and depth extent of the vein.  Once the program resumes at Columba, drilling will continue to test F Vein in addition to other priority areas and structures where 2019 drilling intercepted favorable widths and appreciable silver grades.  Detailed results for all 2019 drill-holes can be viewed by clicking the following link: 2019 Columba Drill Results.\nAt the Cop...

More updates from Kootenay Silver Inc.