Kootenay drilling confirms widespread mineralization
by Jo Black

Kootenay Gold Inc. announces the first assay results from its ongoing phase II 10,000 meter drill program on its wholly owned Promontorio project in Sonora Mexico.
Drilling has intersected wide intervals of low to high grade silver-gold polymetalic mineralization to a depth of 444 meters (remains open at depth).
Drilling will continue to test a 3D IP Geophysical Survey target which outlines a large “L” shaped area of chargeability, with one “arm” measuring 1.6 km and the other 900 meters with widths being 250 to 600 meters.
Drilling is showing this chargeability anomaly is mapping out sulfide mineralization and is proving a useful tool for drill targeting.
Jim McDonald, CEO of Kootenay, said we remain highly encouraged by the depth and consistency of widely disseminated mineralization at the Promontorio Silver Project.
In addition, the mineralized system contains high grade gold-silver and equally significant values of lead and zinc.
Based on the success of each consecutive phase of exploration to date, we intend to accelerate the current program as we systematically explore the large IP Target and surrounding regional mineralization, concluded Mr. McDonald.
Add to Bookmarks:
Related posts to: Kootenay drilling confirms widespread mineralization
Niblack underground program update ...
Halo Resources provides updates ...
Drilling commences at Dorex’s Carmelita ...
New mineralized zone discovered at Gossan’s Bird River property ...
Soltoro provides geological update on La Tortuga project ...
Latest Metals News:
BHP Billiton scraps plans to acquire Rio
Base metals see more price declines
Copper prices fall on inventories, US housing data
Copper, aluminium gain after early declines
Gold drops half a dollar in New York
Copper pares gains on US retail data
Copper, aluminium inventories continue to climb
Alcoa delays expansion at Wagerup and cuts production
Platinum, palladium down on auto sector problems
China’s stimulus plan sends most metals higherPrevious: « Exploration Orbite announces private placement of $1,505,000
Next: Murchison reports mineral resource upgrade at Jack Hills »
Visited 841 times, 3 so far today