Kootenay Silver Inc. has commenced its Q1/Q2 diamond drilling program at the Columba Silver Project located in Mexico. This ambitious program involves 15-17 drillholes spanning approximately 5,000 meters, with a primary focus on the D-Vein target, a site that has previously indicated significant silver mineralization potential. According to Jim McDonald, CEO of Kootenay Silver, the initiative is strategically designed to extend the D-Vein in anticipation of a subsequent drilling program that could encompass up to 15,000 meters.
The company's immediate goal is to expand upon earlier intercepts along the D-Vein, which have already demonstrated promising signs of silver mineralization. McDonald highlighted the importance of this phase in the project's development, stating that the results will play a crucial role in delineating a maiden resource by late 2024. However, achieving this milestone is contingent upon securing additional drilling beyond the initial 5,000 meters and obtaining the necessary financing.
Beyond the D-Vein, Kootenay Silver has identified a priority list of new vein targets and known vein extensions that are slated for further exploration. The first assay results from the current drilling efforts are eagerly awaited within the next 4 to 6 weeks, offering critical data that could significantly influence the project's trajectory. McDonald reiterated the company's commitment to advancing the Columba Silver Project, underscoring its potential to contribute to the silver mining industry.
This drilling program represents a pivotal step for Kootenay Silver Inc. as it seeks to unlock the full potential of the Columba Silver Project. The outcomes of this exploration could have far-reaching implications for the company, the local economy, and the broader silver mining sector, marking an important chapter in the pursuit of valuable mineral resources.
