VANCOUVER, BC, Feb. 28,
2023 /CNW/ - Kootenay Silver Inc. (TSXV: KTN)
(the "Company" or "Kootenay Silver") is pleased to be
presenting at the Pre-PDAC Mining Showcase hosted by Red Cloud
Financial Services Inc., an in-person event taking place at the
Sheraton Centre Hotel in Toronto,
Canada on March 2nd
and 3rd.
Kootenay Silver invites shareholders and interested silver
investors to come and see the Company's President and CEO
James McDonald present the company
at 8:30 a.m. on Friday March the
3rd.
Says James McDonald, "We invite
you to come and hear about the exciting potential of the high-grade
silver discovery Columba and why we think it is likely an almost
entirely intact new vein district in Mexico. It is easy to understand our
excitement when you see high-grade intercepts in multiple veins
like 6 meters of 2035 gpt silver, 17.8 meters of 650 gpt silver,
4.6. meters of 1186 gpt silver and 9.7 meters of 1746 gpt
silver*. We look forward to presenting to you."
*Respectively holes CDH-21-103, CDH-22-110,
CDH-21-82, and CDH-22-125 and widths are drilled widths, true
widths will typically vary from 90% to 45% of drilled length.
See Kootenay's website for full
details.
A comprehensive list of drill results completed on the Columba
Property since 2019 can be viewed here: Columba Drill Results
Sampling and QA/QC at Columba
All technical information for the Columba exploration program is
obtained and reported under a formal quality assurance and quality
control ("QA/QC") program. Samples are taken from core cut in half
with a diamond saw under the direction of qualified geologists and
engineers. Samples are then labeled, placed in plastic bags, sealed
and with interval and sample numbers recorded. Samples are
delivered by the Company to ALS Minerals ("ALS") in Chihuahua. The
Company inserts blanks, standards and duplicates at regular
intervals as follows. On average a blank is inserted every
100 samples beginning at the start of sampling and again when
leaving the mineral zone. Standards are inserted when entering the
potential mineralized zone and in the middle of them, on average
one in every 25 samples is a standard. Duplicates are taken in the
mineralized zone, on average 1 to 2 duplicates for each hole.
The samples are dried, crushed and pulverized with the pulps
being sent airfreight for analysis by ALS in Vancouver, B.C. Systematic assaying of
standards, blanks and duplicates is performed for precision and
accuracy. Analysis for silver, zinc, lead and copper and related
trace elements was done by ICP four acid digestion, with gold
analysis by 30-gram fire assay with an AA finish. All drilling
reported is HQ core and has been contracted to Globexplore Drilling
from Hermosillo, Sonora,
Mexico.
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.
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 and approved on behalf of 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 junior 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 its priority silver projects located in prolific
mining districts in Sonora, State
and Chihuahua, State, Mexico,
respectively.
CAUTIONARY NOTE REGARDING
FORWARD-LOOKING STATEMENTS:
The information in this news release has been prepared as at
February 27, 2023. 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 includes Mineral Reserves and Mineral Resources
classification terms that comply with reporting standards in
Canada and the Mineral Reserves
and the Mineral Resources estimates are made in accordance with
National Instrument 43-101 – Standards of Disclosure for Mineral
Projects ("NI 43-101"). NI 43-101 is a rule developed by the
Canadian Securities Administrators that establishes standards for
all public disclosure an issuer makes of scientific and technical
information concerning mineral projects. These standards differ
significantly from the requirements adopted by the U.S. Securities
and Exchange Commission (the "SEC"). The SEC sets
rules that are applicable to domestic United States reporting companies.
Consequently, Mineral Reserves and Mineral Resources information
included in this news release is not comparable to similar
information that would generally be disclosed by domestic U.S.
reporting companies subject to the reporting and disclosure
requirements of the SEC. Accordingly, information concerning
mineral deposits set forth herein may not be comparable with
information made public by companies that report in accordance with
U.S. standards.
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SOURCE Kootenay Silver Inc.