Kootenay Silver CEO McDonald “delighted with exploration results”

Kootenay Silver. {TSX.V:  KTN} announced the latest results from their La Negra expanded exploration plan, with CEO Jim McDonald clearly delighted with the results.

The results have led to the recognition of in excess of a 4 kilometer belt of gold and silver mineralisation, which has been named the Cameron-Vania Belt.


Kootenay keep on producing good results from their Promontorio / La Negra projects in Mexico, and this latest news release is a good example..

Ironically, it was the fall in the silver price that imposed the further exploration, as Promontorio became marginal,  which has resulted in better finds on the property, and the focus is very much on La Negra now, with Promontorio awaiting a lift in the price of AG.

The finding of gold mineralisation in a sliver belt augurs well, and we await further drill results with interest to see if they can expand on this gold mineralisation.

Still a tightly held stock, only 56 million shares in issue.


News release

Kootenay Silver Inc. {TSX.V:  KTN} is pleased to announce results from its expanded ground exploration program on its Promontorio La Negra Diatreme silver discovery in Sonora, Mexico. Results from the ongoing sampling and mapping program immediately around a 2-3 km radius of the La Negra Breccia drill discovery has led to the recognition of a 4+ km belt of highly anomalous gold-copper-silver mineralisation, now named the Cameron-Vania trend.

Kootenay President and CEO James McDonald enthused “We could not be more pleased with results from our expanded ground exploration program on La Negra. The discovery of the new Cameron zone and the Cameron-Vania trend is a milestone development for Kootenay that underscores the potential of this mineralized corridor to become a mining district capable of producing multiple new precious metals discoveries well into the future. The recognition of underlying geologic controls that link the La Negra and Promontorio mineralization with the Cameron-Vania trend serves as a strong complement to our emerging La Negra silver discovery and cements our confidence for the discovery of additional, similar style, large-scale deposits on Promontorio.”

The newly discovered Cameron-Vania trend

The Cameron-Vania trend is a newly recognized belt of gold-copper-silver mineralisation that comprises the previously announced Vania, Gringo and Vineteria zones, and the new Cameron zone. Recognition of the trend led to the discovery of the Cameron gold-copper-silver prospect, a 1000 meter (NW-SE) x 300-500 (NE-SW) meter zone of widespread gold and copper mineralization associated with hematite, magnetite, sericite and tourmaline alterations. The Cameron gold-copper-silver prospect remains open ended. One hundred and forty four prospect samples were collected from the Cameron area to date.

Highlights from rock sampling program. The majority of samples taken are grab samples at this preliminary stage. Results from the 144 samples taken from the new Cameron area concluded:

  • Gold in 89 samples was greater than 0.1 gpt the average of which is 2.6 gpt, 61 of the samples are greater than 0.5 gpt and 40 are greater than one gram per tonne. High values included 85.5, 20, 13 and 12.8 gpt.
  • Copper values for all 144 samples averaged 1.4% ranging from the 100s of ppm to highs of 8.9%, 10.4%, 10.9%, 11.0%, 11.2% and 14.25%.
  • Of note, samples with gold greater than 0.1 gpt (89 samples), the copper average is 2.38% and the gold average is 2.6 gpt.
  • Silver values averaged 16 gpt with a high of 227 gpt.

Kootenay additionally reports values of molybdenum (to 1900 ppm), bismuth (to 6510 ppm), and cobalt (to 1110 ppm) were noted and lead, zinc, arsenic and antimony values are low. Anomalous lanthanum (130 to 240 ppm) was noted only from the banded magnetite alterations.

Copper mineralisation occurs as disseminations, stockworks and irregular masses of reddish copper-bearing limonite interpreted to represent oxidized chalcopyrite. Visible gold is associated with the copper limonite here and elsewhere in the Cameron-Vania trend. There are 7 different locations where visible gold has been found in the form of very fine grains. There is a strong correlation between gold and copper.
One kilometer to the southwest of the Cameron zone, 14 samples were collected along a northwest trending 300 x 150 m area of very poor exposure (PS 2985 zone). Ten of the samples returned gold greater than 0.1 gpt, with 7 greater than 0.5 gpt, and a high of 7.85 gpt.

The exploration potential of the Cameron-Vania trend was initially recognized in its southeast part, the Vania zone. Gold from Vania zone returned values ranging from background to highs of (including visible gold) 110, 70, 66 and 40 gpt and anomalous copper.

Plans are underway for detailed mapping, sampling and trenching of the newly discovered mineralized zone with the intent of developing priority drill targets. Details of this program, along with plans for upcoming drilling and development on the Company’s La Negra silver discovery, will be forthcoming in a future release.

La Negra Silver Discovery

The La Negra Breccia prospect is situated approx. 6.5 kms north of Kootenay’s Promontorio Silver Resource in Sonora, Mexico and is contained within a 25 x 15 km mineralized corridor, the ‘Promontorio Mineral Belt.’ Initial exploration on La Negra included a successful trenching and surface sampling program that confirmed extensive silver mineralization over a large 100 to 200 meters by 500 meters area on surface. (See news releases from May 28th and June 5th, 2014 for more details). A follow up Phase I drill program on La Negra returned significant and consistent intervals of high grade, widespread silver mineralization extending from surface to depth, confirming a substantial new silver discovery. (See news releases, ‘Drill Results’ Oct. 15, 2014, Nov. 26, 2014 and Dec 3, 2014 for more details).

Results from a recent Phase II drilling program on La Negra have further confirmed the continuity of silver grades and the consistency of silver mineralization to depth within the core of the diatreme breccia. (See news releases from March 31st, April 30th and May 20th, 2015 for more details). This has set the stage for the advanced future development of La Negra and reinforces its future potential as a low-cost, open pittable silver resource. At present, drill results from the program are being compiled and collated in a 3D model showing the geologic controls and assay results. This compilation will be used to design the next drill phase, which is expected to be announced in the near future.


Samples were described and sampled bagged, tagged, catalogued, sealed and sent to an accredited assay lab for analysis using 4 acid digestion and ICP analysis with overlimits being assayed. Further Quality Assurance and Control procedures and details on assays procedures and laboratories used are disclosed on the Kootenay Silver Inc. website.

The foregoing geological disclosure has been reviewed and verified by Kootenay’s CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.


Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada.

The Company’s top priority is the advancement of precious metals projects contained within its Promontorio Mineral Belt in Sonora, Mexico that includes its new La Negra high-grade silver discovery and its Promontorio Silver Resource. Kootenay’s core objective is to develop near-term discoveries and long-term sustainable growth. Its management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.

For more information, please visit : http://www.kootenaysilver.com