HIGHLIGHTS INCLUDE: 281 GPT SILVER OVER 48.7
METERS - 403 GPT SILVER OVER 31.80 METERS
VANCOUVER, Oct. 5, 2017 /CNW/ - Kootenay Silver Inc.
(TSXV: KTN) (the "Company" or "Kootenay") is pleased to
announce the results of 13 infill drill holes recently completed by
Pan American Silver Corp. ("Pan American Silver") on its La
Negra silver discovery, contained within the Promontorio Mineral
Belt in Sonora, Mexico. The
current definition drill program on La Negra is part of an option
agreement between Kootenay and Pan American Silver that provides
Kootenay with a series of work and cash commitments and a carried
to production interest on La Negra.
Kootenay President and CEO James
McDonald states, "We are very pleased with Pan
American's work and the continued high-grade results achieved from
the current infill drill program on La Negra. Assays continue to
support the grades and widths encountered in previous drilling,
further demonstrating the consistency and continuity of the
high-grade silver mineralization contained within the resource. We
are excited and look forward to Pan American completing the
remaining 1500 meters of the program and additional metallurgical
work."
Drill highlights from LN 17-73 to LN 17-85 include:
- LN-74-17: 306 gpt silver over 8.20 meters within 159 gpt
silver over 34.30 meters and 597 gpt silver over 3.55 meters within
192 gpt silver over 17.10 meters
- LN-76-17: 3004 gpt silver over 1.95 meters, 2,146 gpt
silver over 1.00 meter and 558 gpt silver over 5.35 meters within
281 gpt silver over 48.70 meters
- LN-81-17: 3018 gpt silver over 1.10 meters within 274
gpt silver over 21.00 meters and a separate interval of 388 gpt
silver over 11.40 meters within 274 gpt silver over 21 meters
- LN-82-17: 1098 gpt silver over 8.85 meters within 403
gpt silver over 31.80 meters and a separate interval of 138 gpt
silver over 29.25 meters
- LN-83-17: 674 gpt silver over 7.60 meters within 289 gpt
silver over 38.70 meters and a separate interval of 236 gpt silver
over 76.35 meters
- LN-85-17: 308 gpt silver over 12.15 meters within 174
gpt silver over 53.80 meters and a separate interval of 571 gpt
silver over 5.35 meters
Click to view: Drill plan and cross sections.
A summary of the infill drilling within the mineralized zone
is provided in the table below.
Drill
hole
|
From
|
To
|
Interval
|
Silver
gpt
|
Gold
gpt
|
Copper
ppm
|
Lead
ppm
|
Zinc
ppm
|
Breccia
|
LN-73-17
|
151 .15
|
152 .50
|
1.35
|
44
|
0.54
|
1381
|
2761
|
717
|
LN Bx
Principal
|
|
295.70
|
300.70
|
5.00
|
52
|
0.03
|
172
|
26
|
65
|
LN Bx
Inferior
|
Inc.
|
295.70
|
297.45
|
1.75
|
96
|
0.03
|
282
|
31
|
91
|
LN Bx
Inferior
|
LN-74-17
|
67.65
|
94.90
|
27.25
|
58
|
0.03
|
148
|
4193
|
325
|
LN Bx
Principal
|
Inc.
|
74.65
|
75.40
|
0.75
|
388
|
0.17
|
775
|
8639
|
332
|
LN Bx
Principal
|
Inc.
|
82.35
|
82.80
|
0.45
|
1014
|
0.26
|
3069
|
31900
|
3691
|
LN Bx
Principal
|
|
131.45
|
135.00
|
3.55
|
62
|
0.11
|
123
|
3189
|
165
|
LN Bx
Principal
|
Inc.
|
134.20
|
135.00
|
0.80
|
101
|
0.06
|
251
|
1167
|
118
|
LN Bx
Principal
|
|
175.70
|
192.80
|
17.10
|
192
|
0.18
|
286
|
7061
|
231
|
LN Bx
Inferior
|
Inc.
|
175.70
|
179.25
|
3.55
|
597
|
0.40
|
840
|
29289
|
415
|
LN Bx
Inferior
|
Inc.
|
176.35
|
178.10
|
1.75
|
881
|
0.42
|
1252
|
37700
|
576
|
LN Bx
Inferior
|
|
212.05
|
246.35
|
34.30
|
159
|
0.14
|
277
|
544
|
155
|
LN Bx
Inferior
|
Inc.
|
238.15
|
246.35
|
8.20
|
306
|
0.28
|
574
|
909
|
274
|
LN Bx
Inferior
|
Inc.
|
238.15
|
239.20
|
1.05
|
487
|
0.14
|
835
|
1062
|
368
|
LN Bx
Inferior
|
Inc.
|
243.85
|
246.35
|
2.50
|
487
|
0.29
|
1034
|
896
|
402
|
LN Bx
Inferior
|
Inc.
|
245.30
|
246.35
|
1.05
|
507
|
0.36
|
1127
|
1057
|
325
|
LN Bx
Inferior
|
LN-75-17
|
29.00
|
40.15
|
11.15
|
325
|
0.04
|
286
|
4068
|
78
|
LN Bx
Principal
|
Inc.
|
30.50
|
35.50
|
5.00
|
588
|
0.04
|
370
|
4731
|
83
|
LN Bx
Principal
|
Inc.
|
31.75
|
33.15
|
1.40
|
979
|
0.05
|
1129
|
4074
|
59
|
LN Bx
Principal
|
|
61.55
|
62.95
|
1.40
|
346
|
0.12
|
613
|
11900
|
432
|
LN Bx
Principal
|
LN-76-17
|
73.20
|
121.90
|
48.70
|
281
|
0.08
|
399
|
2590
|
175
|
LN Bx
Principal
|
Inc.
|
75.35
|
77.30
|
1.95
|
3004
|
0.43
|
885
|
1486
|
221
|
LN Bx
Principal
|
Inc.
|
76.40
|
77.30
|
0.90
|
3143
|
0.46
|
742
|
1197
|
190
|
LN Bx
Principal
|
Inc.
|
93.05
|
94.05
|
1.00
|
2146
|
0.34
|
3395
|
28800
|
438
|
LN Bx
Principal
|
Inc.
|
104.35
|
105.65
|
1.30
|
474
|
0.45
|
2260
|
12300
|
809
|
LN Bx
Principal
|
Inc.
|
116.55
|
121.90
|
5.35
|
558
|
0.11
|
851
|
387
|
248
|
LN Bx
Principal
|
Inc.
|
117.65
|
118.95
|
1.30
|
642
|
0.15
|
1052
|
645
|
349
|
LN Bx
Principal
|
Inc.
|
120.65
|
121.90
|
1.25
|
1029
|
0.15
|
1448
|
417
|
312
|
LN Bx
Principal
|
LN-77-17
|
47.55
|
53.25
|
5 .70
|
30
|
0.09
|
125
|
5933
|
188
|
LN Bx
Principal
|
LN-78-17
|
46.10
|
47.70
|
1.60
|
42
|
0.01
|
71
|
224
|
379
|
LN Bx
Principal
|
LN-79-17
|
34.4
5
|
45.65
|
11.20
|
34
|
0.01
|
108
|
1665
|
212
|
LN Bx
Principal
|
Inc.
|
43.60
|
44.25
|
0.65
|
66
|
0.01
|
61
|
224
|
76
|
LN Bx
Principal
|
LN-80-17
|
1.25
|
43.55
|
42.30
|
45
|
0.01
|
85
|
3365
|
93
|
LN Bx
Principal
|
Inc.
|
6.00
|
2205
|
16.05
|
72
|
0.01
|
115
|
2512
|
108
|
LN Bx
Principal
|
Inc.
|
6.00
|
9.95
|
3.95
|
167
|
0.01
|
118
|
866
|
214
|
LN Bx
Principal
|
Inc.
|
8.00
|
9.95
|
1.95
|
211
|
0,01
|
146
|
1152
|
220
|
LN Bx
Principal
|
LN-81-17
|
33.00
|
36.60
|
3.60
|
101
|
0.13
|
330
|
6545
|
566
|
LN Bx
Principal
|
|
46.10
|
48.00
|
1.90
|
83
|
0.01
|
216
|
13531
|
4118
|
LN Bx
Principal
|
|
72.55
|
73.75
|
1.20
|
156
|
0.06
|
298
|
1643
|
149
|
LN Bx
Principal
|
|
93.45
|
94.95
|
1.50
|
234
|
0.07
|
489
|
8396
|
140
|
LN Bx
Principal
|
|
117.20
|
138.20
|
21.00
|
274
|
0.09
|
528
|
736
|
175
|
LN Bx
Principal
|
Inc.
|
122.85
|
124.15
|
1.30
|
832
|
0.18
|
1209
|
1873
|
362
|
LN Bx
Principal
|
Inc.
|
129.15
|
129.95
|
0.80
|
739
|
0,13
|
1173
|
837
|
279
|
LN Bx
Principal
|
Inc.
|
136.45
|
137.55
|
1.10
|
3018
|
0.60
|
5612
|
2382
|
1055
|
LN Bx
Principal
|
|
158.50
|
205.40
|
46.90
|
137
|
0.13
|
200
|
535
|
88
|
LN Bx
Inferior
|
Inc.
|
159.40
|
170.80
|
11.40
|
388
|
0.09
|
617
|
51
|
211
|
LN Bx
Inferior
|
Inc.
|
159.40
|
161.25
|
1.85
|
1261
|
0.18
|
1936
|
87
|
534
|
LN Bx
Inferior
|
Inc.
|
159.95
|
161.25
|
1.30
|
1458
|
0.20
|
2234
|
95
|
599
|
LN Bx
Inferior
|
LN-82-17
|
45
.40
|
74.65
|
29.25
|
138
|
0.11
|
210
|
11245
|
272
|
LN Bx
Principal
|
Inc.
|
46.75
|
47.80
|
1.05
|
1111
|
0.22
|
901
|
32700
|
377
|
LN Bx
Principal
|
Inc.
|
57.60
|
62.45
|
4.85
|
242
|
0.24
|
417
|
18535
|
280
|
LN Bx
Principal
|
Inc.
|
62.00
|
62.45
|
0.45
|
463
|
0.98
|
976
|
22300
|
462
|
LN Bx
Principal
|
|
107.90
|
139.70
|
31.80
|
403
|
0.13
|
706
|
676
|
221
|
LN Bx
Principal
|
Inc.
|
128.75
|
137.60
|
8,85
|
1098
|
0.26
|
1515
|
388
|
365
|
LN Bx
Principal
|
Inc.
|
128.75
|
130.30
|
1.55
|
2102
|
0.29
|
3635
|
1391
|
909
|
LN Bx
Principal
|
Inc.
|
136.90
|
137.60
|
0.70
|
3759
|
0.46
|
3622
|
84
|
717
|
LN Bx
Principal
|
LN-83-17
|
52.50
|
128.85
|
76.35
|
236
|
0.10
|
401
|
1627
|
163
|
LN Bx
Principal
|
Inc.
|
72.75
|
74.55
|
1.80
|
1112
|
0.15
|
1733
|
3644
|
375
|
LN Bx
Principal
|
Inc.
|
100.40
|
106.95
|
6.55
|
1248
|
0.31
|
2234
|
1405
|
423
|
LN Bx
Principal
|
Inc.
|
100.40
|
101.85
|
1.45
|
3581
|
0.60
|
5890
|
2045
|
1029
|
LN Bx
Principal
|
|
174.40
|
213.10
|
38.70
|
289
|
0.16
|
491
|
1180
|
225
|
LN Bx
Inferior
|
Inc.
|
184.75
|
187.40
|
2.65
|
553
|
0.20
|
948
|
1695
|
274
|
LN Bx
Inferior
|
Inc.
|
195.30
|
202.90
|
7.60
|
674
|
0.10
|
1192
|
514
|
338
|
LN Bx
Inferior
|
Inc.
|
199.50
|
200.90
|
1.40
|
1330
|
0.14
|
2375
|
614
|
451
|
LN Bx
Inferior
|
|
231.05
|
238.10
|
7.05
|
61
|
0.02
|
72
|
1809
|
136
|
LN .Bx
Inferior
|
Inc.
|
236.80
|
238.10
|
1.30
|
110
|
0.02
|
143
|
594
|
102
|
LN Bx
Inferior
|
LN-84-17
|
65.10
|
75.15
|
10.05
|
77
|
0.04
|
132
|
3787
|
197
|
LN Bx
Principal
|
Inc.
|
65.10
|
65.70
|
0.60
|
190
|
0.10
|
65
|
2659
|
33
|
LN Bx
Principal
|
Inc.
|
73.30
|
73.85
|
0.55
|
703
|
0.32
|
1304
|
27500
|
698
|
LN Bx
Principal
|
|
116.65
|
117.70
|
1.05
|
125
|
0.14
|
157
|
8859
|
204
|
LN Bx
Principal
|
|
131.80
|
133.10
|
1.30
|
120
|
0.13
|
159
|
9013
|
112
|
LN Bx
Principal
|
|
209.80
|
264.75
|
54.95
|
68
|
0.05
|
150
|
434
|
130
|
LN Bx
Inferior
|
Inc.
|
209.80
|
210.65
|
0.85
|
535
|
0.05
|
975
|
1338
|
504
|
LN Bx
Inferior
|
Inc.
|
225.80
|
233.30
|
7.50
|
209
|
0.18
|
348
|
808
|
343
|
LN Bx
Inferior
|
Inc.
|
231.65
|
233.30
|
1.65
|
400
|
0.05
|
824
|
918
|
482
|
LN Bx
Inferior
|
LN-85-17
|
39.05
|
44.40
|
5.35
|
571
|
0.25
|
2566
|
12143
|
609
|
LN Bx
Principal
|
Inc.
|
40.10
|
40.65
|
0.55
|
3735
|
2.26
|
21200
|
93300
|
2200
|
LN Bx
Principal
|
|
84.85
|
89.70
|
4.85
|
72
|
0.01
|
170
|
6279
|
336
|
LN Bx
Principal
|
|
121.65
|
175.45
|
53.80
|
174
|
0.09
|
263
|
2039
|
114
|
LN Bx
Inferior
|
Inc.
|
130.55
|
142.70
|
12.15
|
308
|
0.17
|
476
|
2602
|
176
|
LN Bx
Inferior
|
Inc.
|
137.80
|
139.75
|
1.95
|
913
|
040
|
1401
|
3131
|
392
|
LN Bx
Inferior
|
Inc.
|
162.65
|
167.10
|
4.45
|
779
|
0.20
|
1211
|
373
|
321
|
LN Bx
Inferior
|
Inc.
|
164.00
|
165.15
|
1.15
|
1363
|
0.26
|
2006
|
640
|
578
|
LN Bx
Inferior
|
Note: all intervals
are downhole. Holes are oriented approximately perpendicular to the
mineralized trends, and downhole lengths may be slightly shorter
than the stated interval.
|
QA/QC
Samples were assayed by Inspectorate of Hermosillo, Mexico, using four acid digestion
35 element ICP analytical methods with fire assay for Au and Ag
with atomic absorption finish and gravimetric finish, respectively.
Pan American has followed a Quality Assurance/Quality Control
program comprised of the insertion of blank material and certified
standard samples at a frequency of one each for every 20 samples.
There is no known drilling, sampling, recovery, or other factors
that could materially affect the accuracy or reliability of the
data referred to in the table.
Qualified Persons
The Kootenay technical information in this news release has been
prepared in accordance with the Canadian regulatory requirements
set out in National Instrument 43-101 (Standards of Disclosure for
Mineral Projects) and reviewed on behalf Kootenay by James McDonald, P.Geo, President, CEO &
Director for Kootenay, a Qualified Person.
About Kootenay Silver Inc.
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.
Supported by one of the largest portfolios of silver assets in
Mexico, Kootenay continues to
provide its shareholders with significant leverage to silver
prices. The Company remains focused on the expansion of its current
silver resources, new discoveries and the near-term economic
development of two of its priority silver projects located in
prolific mining districts in Sonora, State and Chihuahua, State,
Mexico, respectively.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS:
The information in this news release has been prepared as at
October 4, 2017. Certain statements
in this news release, referred to herein as "forward-looking
statements", constitute "forward-looking statements" under the
provisions of Canadian provincial securities laws. These statements
can be identified by the use of words such as "expected", "may",
"will" or similar terms.
Forward-looking statements are necessarily based upon a
number of factors and assumptions that, while considered reasonable
by Kootenay as of the date of such statements, are inherently
subject to significant business, economic and competitive
uncertainties and contingencies. Many factors, known and
unknown, could cause actual results to be materially different from
those expressed or implied by such forward-looking
statements. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the
date made. Except as otherwise required by law, Kootenay
expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any such statements to reflect
any change in Kootenay's expectations or any change in events,
conditions or circumstances on which any such statement is
based.
Cautionary Note to US Investors: This news
release may contain information about adjacent properties on which
we have no right to explore or mine. We advise U.S. investors that
the SEC's mining guidelines strictly prohibit information of this
type in documents filed with the SEC. U.S. investors are cautioned
that mineral deposits on adjacent properties are not indicative of
mineral deposits on our properties. This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore involve inherent risks
and uncertainties. Actual results may differ materially from those
currently anticipated in such statements.
This press release uses the terms "Measured", "Indicated",
and "Inferred" resources. United
States investors are advised that while such terms are
recognized and required by Canadian regulations, the United States
Securities and Exchange Commission does not recognize them.
"Inferred Mineral Resources" have a great amount of uncertainty as
to their existence, and as to their economic and legal feasibility.
It cannot be assumed that all or any part of an Inferred Mineral
Resource will ever be upgraded to a higher category. Under Canadian
rules, estimates of Inferred Mineral Resources may not form the
basis of feasibility or other economic studies. United States investors are cautioned not to
assume that all or any part of Measured or Indicated Mineral
Resources will ever be converted into Mineral Reserves.
United States investors are also
cautioned not to assume that all or any part of a Mineral Resource
is economically or legally mineable.
SOURCE Kootenay Silver Inc.