Wednesday, 29 June 2011

Kootenay Gold adds third rig for 25,000 metre program at Promontorio

Kootenay Gold (CVE:KTN) announced Wednesday that a third diamond drill has become active on its Promontorio silver project in Sonora, Mexico.
The three rigs are drilling a 25,000 metre program - the largest and most expansive drilling campaign the company has performed on the site to date - in order to follow up on its successful 10,000 metre program at the property.
The campaign will focus on step out and in-fill drilling to determine continuity between several medium-to-high grade silver intercepts found along Promontorio's mineralized corridor, which includes the Pit Resource, the Pit NE zone, the Northeast zone and the Southwest zone.
During the prior 10,000 metre drill program, the Pit zone returned 234 metres grading 58 grams per tonne (g/t) silver, including 70 metres of 91.4 g/t silver, in hole DH 53.
Meanwhile, the Southwest area found 36 g/t silver over 114.5 metres in hole PC 12, while the Northeast zone returned 12 metres of 93.4 g/t silver.
Kootenay said it hopes to provide an updated NI 43-101 compliant resource estimate at the conclusion of the current program

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