Kootenay Announces Drill Program to Target Resource Expansion at LA Cigarra Silver Project, Mexico
April 19, 2017
KOOTENAY ANNOUNCES DRILL PROGRAM TO TARGET RESOURCE EXPANSION
AT LA CIGARRA SILVER PROJECT, MEXICO
Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “ Kootenay”) is pleased to announce that amended
permits are in place and preparations fo r the previously announced 7,500-meter drill program (the “Program”) are
underway at its 100% owned La Cigarra silver project, located in Chihuahua State, Mexico. Drilling will commence
in approximately two weeks and operate concurrently with ongoing geological mapping and sampling programs on
peripheral target areas, which will be drill tested later in the year. The program is designed to expand on the reported
Measured and Indicated silver resource , which currently stands at 18.5 million tonnes grading 86.3 gpt containing
51.5 million ounces and an Inferred silver resource of 4.45 million tonnes grading 80.0 gpt containing 11.4 million
ounces (see Northair News Release dated January 14, 2015 or SEDAR for information on the NI 43 -101 technical
report).
The Program will focus on the expansion of the La Cigarra mineral resource by first targeting an 800-meter gap
between the Las Venadas Zone and the south end of the resource (Las Carolinas Zone). This includes the southern
boundary of Las Carolinas where hole 155 returned 23 .45 meters of 138.3 gpt silver. (See Northair News Release
dated Dec 15, 2014 ). Drilling will begin the Las Venadas Zone, where s ignificant soil and rock geochemical
anomalies and historic mine workings occur and work northward on trend towards the Las Carolinas Zone.
Sampling and QA/QC
All technical information for the La Cigarra exploration program is obtained and reported under a formal quality
assurance and quality control ("QA/QC") program. Samples are taken under the direction of qualified geologists and
stored in sealed bags. Sampl es are delivered by the Company via courier to ALS Minerals ("ALS") in Chihuahua.
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 is performed for pre cision 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.
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.
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.
About Kootenay Silver Inc.
Kootenay Silver Inc. i s 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 t o 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.
For additional information, please contact:
James McDonald, CEO and President at 403-880-6016
Ken Berry, Chairman at 604-601-5652; 1-888-601-5650
or visit: www.kootenaysilver.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
The information in this news release has been prepared as at April 18, 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 suc h 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 an y 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 fi led 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 result s 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 Canad ian 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 ca utioned 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.
2017 number 11