Kootenay Silver Inc. is pleased to announce results from the first 3 holes of the ongoing diamond drilling at Columba Silver Project in Chihuahua, Mexico. The current program comprises a 12 to 15 hole campaign for a total of approximately 3,000 meters designed to extend known mineralization on the "D-Vein" target area at Columba. Drill highlights are as follows: CDH-23-138 13.56 meters core-length averaging 599 gpt [...]
Kootenay Silver Inc. is pleased to announce an updated mineral resource estimate at the Promontorio-La Negra Project in Sonora Mexico. The resource estimate is an update of the Promontorio deposit and a maiden mineral resource estimate for the La Negra deposit 7km to the north. The two deposits are part of the Promontorio Mineral Belt and are considered a single project. The mineral resource estimates have been prepared [...]
Kootenay Silver Inc. is pleased to provide an update on the progress of diamond drilling at Columba Project. The ongoing program announced earlier this month is designed to step out along and beneath the known extents of the well mineralized D-Vein and is expected to total 12-15 holes for approximately 3,000 meters. The first four holes of the current program were drilled to target depth on the two westernmost sections of [...]
Kootenay Silver Inc. is pleased to announce resumption of drilling at Columba High Grade Silver Project, located 25 km south of the township of Nueva Casas Grandes, Chihuahua, Mexico. To date Kootenay has drilled 135 holes for just over 27,000 meters on the project. The current campaign will drill a minimum of 3,000 meters comprising of 12 to 15 holes focused on expanding on impressive, wide high-grade intercepts hit to [...]
Kootenay Silver Inc. is pleased to announce the filing of the first Technical Report on it's 100% owned Columba project located in Chihuahua State, Mexico. The report, titled "Technical Report for the Columba Silver Property", was prepared by independent consultants Moose Mountain Technical Services and was authored by Sue Bird P.Eng., with an effective date of March 17, 2023, and an issue date of July 28, 2023. The [...]
Kootenay Silver Inc. is pleased to announce continued progress at the Columba project . Of the three land access agreements due for renewal this year, two are now signed with a third in the final stages of negotiation. Completion of these agreements will provide Kootenay access to drill vein targets out to the edges of the inferred mineralized system. During 2023 surface exploration has continued to refine targets [...]
VANCOUVER, BC , June 13, 2023 /CNW/ - Kootenay Silver Inc. would like to make a correction to the news release issued earlier this morning regarding the Columba High-Grade Silver Project. The final payment made on the Columba property was US$215,000, not US$125,000 as previously stated. Please see the initial release for more details. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts [...]
Kootenay Silver Inc. is pleased to announce it now holds 100% ownership of the Columba High-Grade Silver Project. The final payment of US$125,000 was made paid in cash on May 12, 2023. The company has paid a total of US$3,290,000 in staged payments commencing November 2018 to earn 100% ownership. The vendor retains a 2% royalty of which 1% can be purchased by the Company for $US750,000. James McDonald President and CEO [...]
Kootenay Silver Inc. announces that it has closed its previously announced brokered private placement offering of units of the Company for gross proceeds of approximately $2.1 million with a non-brokered portion for gross proceeds of approximately $1.6 million, at a price of $0.10 per Unit for aggregate gross proceeds of $3,772,500. The Offering was led by Research Capital Corporation, as co-lead agent and sole [...]
Kootenay Silver Inc. announces that on May 5, 2023, Kootenay sold common shares of Aztec Minerals Corp. in several market transactions. Prior to the sale of the Aztec Shares, Kootenay beneficially owned and had control over approximately 11.85% of the outstanding Aztec Shares. As a result of the disposition, Kootenay's ownership of the Aztec Shares decreased to 7,601,500 Aztec Shares, representing approximately 8.02% on a [...]
Kootenay Silver Inc. , is pleased to announce that it has entered into an agreement with Research Capital Corporation, as co-lead agent and sole bookrunner, and together with Red Cloud Securities Inc. as co-lead agents, on behalf of a syndicate of agents, including Canaccord Genuity Corp. , in connection with a best efforts, private placement of units of the Company at a price of $0.10 per Unit for gross proceeds of up to [...]
Kootenay Silver Inc. is pleased to announce it has amended the terms for the Columba option agreement to allow for 50% of the April 2023 payment of US$430,000 plus 16% IVA to be paid in common shares of the Company. The payment is due on April 12, 2023, and will be paid as follows US$215,000 cash and US$215,000 in Kootenay common shares calculated at the volume weighted average price of Kootenay for the previous twenty [...]