Kootenay Reports Drilling Intersects 0.77 Gpt GOLD over 160.0 Meters Including 1.04 Gpt GOLD over 80.0 Meters at Cervantes GOLD Property, Sonora, Mexico
April 24, 2018
KOOTENAY REPORTS DRILLING INTERSECTS 0.77 GPT GOLD OVER 160.0 METERS
INCLUDING 1.04 GPT GOLD OVER 80.0 METERS AT CERVANTES GOLD PROPERTY,
SONORA, MEXICO
Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to report that Aztec
Minerals Corp. (“Aztec Minerals”) today announced the results of 3 additional holes from its phase I
drill program totaling 3,000 meters, currently underway at Kootenay’s Cervantes gold project, located
in Sonora State, Mexico.
Drilling by Aztec Minerals continues to intersect long intervals of porphyry-type gold (copper, silver)
mineralization on the California Target. Recent results are highlighted by drill-hole 18CER010 which
intersected 160.0 meters grading 0.77 grams per tonne (gpt) gold, 0.125% copper and 3.4 gpt silver,
including a higher-grade intercept assaying 1.04 gpt gold, 0.11% copper, and 4.0 gpt silver over 80.0
meters starting at a down hole depth of 4.0 meters. Click here to view the map of the drill area.
The full news release issued by Aztec Minerals can be found at: http://aztecminerals.com/
The Cervantes Property is held under an earn-in option agreement whereby Aztec Minerals can acquire
up to 100% interest in the property in two stages which would leave Kootenay with a 2.5% NSR and a
payment of US$5.00 per ounce or gold equivalent based on a NI 43 -101 Resource Estimate. See
Kootenay news release dated October 13, 2015.
Drill Results
Hole ID From
(meters)
To
(meters)
Interval
(meters)
Gold
(gpt)
Copper
(%)
Silver
(gpt)
9 0 56.0 56.0 0.20 0.04 1.5
0 104.0 104.0 0.16 0.03 1.2
10 0 160.0 160.0 0.77 0.13 3.4
4.0 84.0 80.0 1.04 0.11 4.0
30.0 58.0 28.0 1.77 0.13 5.8
42.0 118.0 76.0 0.78 0.20 3.8
140.0 144.0 4.0 5.56 0.08 3.6
11 0 166.0 166.0 0.28 0.09 2.4
6.5 25.5 19.0 0.47 0.03 3.7
92.5 156.0 63.5 0.36 0.09 2.2
Notes: Drill holes were oriented to cross the most prominent structures seen in outcrops so core lengths reflect the
approximate interpreted true width of the California zone mineralization. One sample in hole 18CER010 had a
value of 183.8 gpt silver but was capped at 20.5 gpt silver by statistical analysis. No other sample results required
capping.
Sampling and QA/QC
All core samples were split in half, placed into plastic bags, labeled with sample number, closed with
zip ties, and placed in rice sacks by Aztec Minerals. Samples were typically collected in 2.0m intervals
with occasional exceptions of 2.1m to 4.35m intervals due to lower core reco very. Blanks, duplicates,
and 3 different certified standards were inserted into the sample stream and subsequently reviewed
without any outliers or abnormal results. The samples were delivered to Bureau Veritas Laboratories in
Hermosillo and analyzed for gold using a 30gram sample by fire assay fusion with AAS finish. Samples
were shipped to Vancouver and analyzed with a 0.25gram sample using 4 -acid ICP -MS providing
analysis on 36 elements.
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 of Kootenay by James McDonald, P.Geo, President, CEO &
Director for Kootenay.
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. 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 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 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 February 23 , 2018. 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 statemen ts 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 results may differ materially fro m 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 Canadian 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.
2018 number 11