Kootenay Resources Reports Continued Review of Two Times Fred Drill Results
Kootenay Resources Reports Continued
Review of Two Times Fred Drill Results
VANCOUVER, BC
,
April 14, 2025
/CNW/ -
Kootenay Resources Inc.
(TSXV: KTRI)
(the "Company" or "KTRI")
continues the compilation and review of
$4.0 million dollars
of work
conducted on Two Times Fred, Nechako Plateau Region,
British Columbia
, while under option as
disclosed in the news release of
March 27, 2025
.
Two Times Fred is a discovery and recognition of an epithermal vein system made over several
years. The continuing overview of exploration conducted on the system reveals:
Two primary vein trends with one striking north-northeast and the other northeast. All are steep
dipping
The two sets make up a classic structural pattern often seen in vein systems possibly indicative
of strike slip movement.
Numerous veins occur with 5 principle veins to date
Borrow Pit
Saki
Hidden Hand
Gold Hill
Shinju
The Shinju and Gold Hill are northeast trending veins
Saki, Hidden Hand and Borrow Pit are north-northeast trending veins.
Click here to view an image of the vein traces
The northeast trending veins:
Gold Hill Vein
Strike length of outcrop about 250 meters, in drill intercepts up to 800 meters with probable
1,100-meter strike indicated by magnetics
Steep to vertical dip.
Only 7 drill holes
Open in all directions
5 of 6 holes hit gold mineralization over 0.1 gpt gold.
Wide spaced holes over 800 meters length
Two fences 150 meters apart and then single holes 350 meters and 700 meters further
northeast respectively.
One lone hole 2XF-21-0036 intercepted Vein at
300m
vertical depth from surface.
Most holes less than 150 to 200 meters vertical depth.
Shinju Vein
Probable strike of 1,500 meters
10 holes
Lightly drilled
8 holes on two fences only
900m
apart; one single hole in between those fences and another
single hole
300m
northeast along strike
All holes hit vein with anomalous gold
Veins open in all directions
Deepest intersection to date is
265m
from surface (2XF21-0031)
The north-northeast trending veins:
Borrow
Pit Vein
Strike length in outcrop up to 650 meters with a further potential strike of 1,300+ meters
indicated by magnetic trend and intercept in hole 2XF 21-0021
Only three holes drilled along 1,300 meters
Two are anomalous in gold and one missed the vein.
Saki Vein
Strike length in outcrop about 300 meters, in drilling 1,300 meters and as indicated by
magnetics 2,000 meters
Wide step outs of 400 and 500 meters
Possible hole 2XF-21-0026 hit Saki Vein extending drilled length to 2,150 meters. More drilling
required to confirm correlation.
8 to 10 holes drilled depending if 2XF-21-0026 and 21-0030 are Saki vein
All holes anomalous and open along strike and to depth
Hidden Vein
Potential 1000 meter strike based on outcrop, two possible drill intercepts and magnetic
signature.
Possible hits in two drill holes 2XF-21-0017 and 2XF-15-07.
A blind vein uncovered in an access trail.
Other veins or vein trends include Western and outcrops near 800 meters east of Gold Hill Vein. It is
probable further exploration work will reveal more veins.
KTRI will continue to update on the data review as it prepares plans for the project.
Background
Kootenay Resources Inc's stated mission is the discovery a Tier One deposit and as such KTRI
focuses on those areas with demonstrated geologic potential for such deposits. The Company is
exploring its flagship Moyie Anticline property in southern
British Columbia
and on its generative
program including several promising gold-silver-copper properties in the Nechako plateau of central
British Columbia. Kootenay Resources Inc. welcomes partners for exploration projects and currently
has one mineral property under option to Centerra Gold (KB) Inc., and three projects under option to
fellow junior exploration company Rokmaster Resources Corp.
Qualified Persons
The KTRI 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 Dale Brittliffe, P.Geo, V.P.
Exploration 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 Resources Inc.
KTRI is an exploration company actively engaged in the exploration and discovery mineral projects
in
British Columbia, Canada
. The Company was formed as a spin-out of Kootenay Silver Inc in
which prospective Canadian assets were transferred to Kootenay Resources Inc. The transaction
was completed in October of 2021, Kootenay Silver currently holds 5.4 million common shares of
Kootenay Resources.
On behalf of the board of directors of the
Company
:
James McDonald
,
Director
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
The information in this news release has been prepared as at
April 13, 2025
. 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 KTRI 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, KTRI expressly disclaims any obligation or undertaking to release publicly any
updates or revisions to any such statements to reflect any change in KTRI's expectations or any
change in events, conditions or circumstances on which any such statement is based.
SOURCE
Kootenay Resources Inc.
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For further information:
For additional information, please contact: James McDonald, Director at
403-880-6016; Raj Kang, Director at 604-601-5650
CO: Kootenay Resources Inc.
CNW 07:30e 14-APR-25