Upcoming B2B Gems & Jewellery Exhibition- 19th - 20th - 21st January 2019. Bangalore.

La Cigarra measured 44.47 mn oz of silver

2016-06-24


Kootenay Silver announced that it is preparing to conduct a 3,000 metre drill program on its 100% owned La Cigarra silver project located in Chihuahua State, Mexico. The targeted drill program, scheduled to commence in Q3 2016 is designed to test the high priority RAM target and to expand La Cigarra's current mineral resource estimate by targeting continuity of high-grade trends recently identified within the resource.States Kootenay President and CEO James McDonald "We are very excited to proceed with a targeted drill program on La Cigarra mineral resource and the nearby RAM target.

The objective will be to further enhance the size and grades of our established silver resource estimate on La Cigarra prior to proceeding with a Preliminary Economic Assessment on the project. Concurrently, we will conduct the first drill test on our high priority RAM target that is a large, structurally controlled trend that demonstrates significant potential to further add to our current silver resources."

These zones also correspond nicely with the resource blocks above a 75 g/t Ag cutoff contained within the current resource estimate. Although the existing resource estimate did not publish silver resources at a 75 g/t Ag cutoff, the ounces at a 50 g/t Ag cutoff total 44.47 million ounces of Measured and Indicated ounces grading 103 g/t Ag with another 9.6 million ounces of Inferred grading 97 g/t.