Kootenay partner Aztec Minerals commences drilling at Cervantes

Kootenay Silver Inc. {TSXV: KTN}  announced its exploration partner Aztec Minerals Corp. (TSX.V: AZT)  today announced the commencement of a diamond core drill program on the Cervantes gold-copper porphyry property in Sonora State, Mexico.

 

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Kootenay Silver Inc. (TSX.V: KTN)  is pleased that its exploration partner Aztec Minerals Corp. (TSX.V: AZT)  today announced the commencement of a diamond core drill program (the “Program”) on the Cervantes gold-copper porphyry property in Sonora State, Mexico.

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The Program will consist of 14 to 17 holes totalling approximately 3,000 metres to test the gold oxide cap located in the California Zone, where 50m x 50m spaced soil sampling identified a 600 m wide by 900 m long gold anomaly averaging 0.44 grams per tonne (“gpt”).

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Drilling will also test the gold-copper oxide mineralisation found in the Jasper target, where Aztec recently identified 92.4m of 0.62 gpt gold and 0.52% copper in trenching (see Aztec’s news release dated October 3, 2017).  During the Program, Aztec will drill one hole to approximately 500m depth to test one of the geophysical chargeability / resistivity anomalies identified by the induced polarisation survey conducted last year for gold-copper sulphide mineralisation.

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The full Aztec news release can be found on their website or SEDAR profile.

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The Cervantes Property is held under an earn-in option to agreement whereby Aztec Minerals can acquire up to 100% interest in the property in two stages which would leave Kootenay with a 2.5 % NSR and a payment of US$5.00 per ounce or gold equivalent based on a NI 43-101 Resource Estimate (see Kootenay news release dated October 13, 2015).

 

 

 

 

 

 

 

 

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