Kootenay Announces Two Drill Rigs Operating on Promontorio, Third Diamond Drill Rig Has Been Mobilized and is Expected to Commence Drilling in Two Weeks
Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce that two diamond drills are now operating at the Company's Promontorio Silver Project in Sonora, Mexico and a third diamond drill rig has recently been mobilized on site and is expected to commence drilling in the next two weeks. As previously announced on May 31, 2011, Kootenay has initiated 25,000 meters of drilling to follow up on the success of the Company's recently concluded 10,000 meter drill program on Promontorio. The current in-fill drilling and resource definition program represents the single largest and most expansive drilling campaigns conducted to date by Kootenay on the Promontorio Silver project. The 25,000 meter, multi-phase program will concentrate on step out and in-fill drilling off setting the numerous drill intercepts concentrated along a 1.0 kilometer long mineralized corridor that includes the Pit Resource, Pit NE zone, Northeast zone and Southwest zone. See 25,000 meter drill highlights and map:http://www.kootenaygold.ca/i/projects/Promontorio/drillresultsmap.pdf The foregoing geological disclosure has been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay. ABOUT KOOTENAY Kootenay Gold is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company's flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. The Company's objective is to develop near term discoveries and long term sustainable growth. Kootenay's management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.
Kootenay Silver est une société développant des projet miniers d'or et d'argent basée au Canada.
Kootenay Silver détient divers projets d'exploration au Canada et au Mexique.
Ses principaux projets en exploration sont CONNOR CREEK, ROSETTA STONE, JUMPING JOSEPHINE, SILVER FOX CANADA et BC PROPERTIES au Canada et ESPIRITU, SANTA LUCIA NORTE, PROMONTORIO et SONORA PROPERTIES au Mexique.