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Last C$0.24 CAD
Change Today 0.00 / 0.00%
Volume 172.0K
As of 3:59 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

kootenay silver inc (KTN) Snapshot

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kootenay silver inc (KTN) Details

Kootenay Silver Inc., an exploration stage company, engages in the discovery and development of mineral properties, primarily precious metals projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The company explores for silver, gold, lead, and zinc ores deposits. Its flagship property is the Promontorio silver mine that covers an area of approximately 56,000 hectares located in the Sierra Madre region of northwest Mexico. The company was formerly known as Kootenay Gold Inc. and changed its name to Kootenay Silver Inc. in February 2012. Kootenay Silver Inc. is based in Vancouver, Canada.

kootenay silver inc (KTN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$180.0K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$143.0K
Vice President of Exploration
Total Annual Compensation: C$158.4K
Compensation as of Fiscal Year 2013.

kootenay silver inc (KTN) Key Developments

Kootenay Silver Inc expected to report Q2 2015 results on September 2, 2015. This event was calculated by Capital IQ (Created on August 27, 2015).

Kootenay Silver Inc expected to report Q2 2015 results on September 2, 2015. This event was calculated by Capital IQ (Created on August 27, 2015).

Kootenay Silver Inc. Initiates Maiden NI 43-101 Resource Estimate

Kootenay Silver Inc. announced it has initiated the maiden NI 43-101 resource estimate including a metallurgical study at the La Negra silver discovery located in Sonora, Mexico.

Kootenay Silver Inc. Announces Results from its Expanded Ground Exploration Program on Promontorio La Negra Diatreme Silver Discovery in Sonora, Mexico

Kootenay Silver Inc. announced 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 mineralization, now named, the Cameron-Vania trend. The Cameron-Vania trend is a newly recognized belt of gold-copper-silver mineralization 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. 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 mineralization 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. One kilometer to the southwest of the Cameron zone, 14 samples were collected along a northwest trending 300 x 150m 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) of 110, 70, 66 and 40 gpt and anomalous copper. 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. 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.


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