Kootenay Silver Provides an Update on Activities
Original announcement by tmx on
- Company
- Kootenay Silver Inc.
- Ticker
- KTN
- Exchange
- TSX
- Region
- Chihuahua, Mexico
- Primary commodity
- Silver
- Secondary commodities
- Lead, Zinc, Gold
- Document categories
- Drill results, Resource update
- Extracted
- 2026-09-18 06:53:12 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Kootenay Silver reports high-grade silver intercepts at the Columba project, including a 1,830 gpt Ag sub-interval. The company has increased its Columba drilling program to 60,000 meters and remains well-financed for the next 18-24 months.
Reasoning: The company reports strong high-grade silver intercepts at Columba and an increased drilling program, alongside a robust resource inventory and sufficient financing to advance projects.
Positive factors
- High-grade silver intercepts reported at Columba
- Expansion of drilling program at Columba
- Strong resource inventory across multiple projects
- Well-financed position for 18-24 months
Negative factors
- D vein results show potential transition to less favorable base metal zone
Facts used in scoring: 7
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Intercept of 1,830 gpt Ag is exceptionally high-grade for an epithermal system.
Evidence · text
“1,830gpt Ag”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details specific QA/QC protocols including blanks, standards, and duplicates.
Evidence · text
“The Company inserts blanks, standards and duplicates at regular intervals”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling at Columba is explicitly described as systematic step-out drilling to expand resource bodies.
Evidence · text
“systematic step out drilling of the D, B-2, and Lupe veins with the dual purpose of expanding”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Technical information is prepared in accordance with NI 43-101 standards.
Evidence · text
“prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A current resource fact retains the disclosed cut-off grade
Extracted facts
Stored fact records: 7. Some facts used in scoring do not have a stored record.
Drill Results (5)
CDH-26-222Columba · silverGrade: 299Grade Unit: g/tIntercept: 7.6 mView all detailsHide details
Identity
- Hole ID
- CDH-26-222
- Project
- Columba
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- KTN
Geometry
- Grade
- 299
- Grade Unit
- g/t
- Intercept
- 7.6 m
- True Width
- 4.56 m
- From
- 379.4 m
- To
- 387 m
- Intercept Depth
- 379.4 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- CDH-26-222:379.4-387
- Mining Method
- underground
Location
- Location
- Lupe Vein System
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
- Deleterious Elements
- lead, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-09T00:00:00.000Z
Reasoning: High grade silver intercept in an epithermal system.
Positive factors
- Strong silver grade
Evidence · text
“7.6 meters (4.56m etw) averaging 299 gpt Ag, 0.5%Pb and 1.0% Zn from 379.4 meters downhole”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.56
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
CDH-26-222Columba · leadGrade: 0.5Grade Unit: %Intercept: 7.6 mView all detailsHide details
Identity
- Hole ID
- CDH-26-222
- Project
- Columba
- Commodity
- lead
- Region
- mexico
- Reported Region
- mexico
- Ticker
- KTN
Geometry
- Grade
- 0.5
- Grade Unit
- %
- Intercept
- 7.6 m
- True Width
- 4.56 m
- From
- 379.4 m
- To
- 387 m
- Intercept Depth
- 379.4 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- CDH-26-222:379.4-387
- Mining Method
- underground
Location
- Location
- Lupe Vein System
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
- Deleterious Elements
- lead, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-09T00:00:00.000Z
Reasoning: Base metal component of intercept.
Evidence · text
“0.5%Pb”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.56
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
CDH-26-222Columba · zincGrade: 1Grade Unit: %Intercept: 7.6 mView all detailsHide details
Identity
- Hole ID
- CDH-26-222
- Project
- Columba
- Commodity
- zinc
- Region
- mexico
- Reported Region
- mexico
- Ticker
- KTN
Geometry
- Grade
- 1
- Grade Unit
- %
- Intercept
- 7.6 m
- True Width
- 4.56 m
- From
- 379.4 m
- To
- 387 m
- Intercept Depth
- 379.4 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- CDH-26-222:379.4-387
- Mining Method
- underground
Location
- Location
- Lupe Vein System
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
- Deleterious Elements
- lead, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-09T00:00:00.000Z
Reasoning: Base metal component of intercept.
Evidence · text
“1.0% Zn”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.56
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
CDH-26-222Columba · silverGrade: 1830Grade Unit: g/tIntercept: 0.45 mView all detailsHide details
Identity
- Hole ID
- CDH-26-222
- Project
- Columba
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- KTN
Geometry
- Grade
- 1830
- Grade Unit
- g/t
- Intercept
- 0.45 m
- True Width
- 0.27 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- CDH-26-222:sub-interval
- Mining Method
- underground
Location
- Location
- Lupe Vein System
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
- Deleterious Elements
- lead, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-09T00:00:00.000Z
Reasoning: Extremely high grade silver sub-interval.
Positive factors
- Bonanza grade
Evidence · text
“1,830gpt Ag, 5.0% Pb and 6.2% Zn”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.27
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
CDH-25-233Columba · silverGrade: 503Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- CDH-25-233
- Project
- Columba
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- KTN
Geometry
- Grade
- 503
- Grade Unit
- g/t
- Intercept
- 10 m
- True Width
- 5.3 m
- From
- 372 m
- To
- 382 m
- Intercept Depth
- 372 m
Classification
- Deposit Type
- epithermal
- Program
- resource
- Sample Type
- drill
- Group ID
- CDH-25-233:372-382
- Mining Method
- underground
Location
- Location
- Lupe vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
- Deleterious Elements
- lead, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-09T00:00:00.000Z
Reasoning: Significant silver intercept on Lupe vein.
Positive factors
- Strong silver grade and width
Evidence · text
“10 meters (5.30m etw) of 503 gpt silver, 0.1% lead, 0.6% zinc from 372 meters downhole”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 5.3
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Resource Estimates (2)
inferredColumba · silverTonnes: 5920000Grade: 284Grade Unit: g/tContained Metal: 54.07Contained Unit: mozView all detailsHide details
Identity
- Project
- Columba
- Commodity
- silver
- Region
- mexico
- Reported Region
- Chihuahua, Mexico
- Ticker
- KTN
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:541da165d83e3783990c
Resource Data
- Category
- inferred
- Tonnes
- 5920000
- Grade
- 284
- Grade Unit
- g/t
- Contained Metal
- 54.07
- Contained Unit
- moz
- Cutoff Grade
- 150
- Cutoff Unit
- gpt
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-09T00:00:00.000Z
Reasoning: Inferred resource at Columba with high silver grade.
Positive factors
- High grade resource
Evidence · text
“The resource currently sits at 54.1 million inferred ounces of silver at a grade of 284 gpt silver in 5.92 million tonnes”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLa Cigarra · silverTonnes: 15730000Grade: 102Grade Unit: g/tContained Metal: 51.57Contained Unit: mozView all detailsHide details
Identity
- Project
- La Cigarra
- Commodity
- silver
- Region
- mexico
- Reported Region
- Chihuahua, Mexico
- Ticker
- KTN
Resource scope
- Estimate type
- resource
- Resource group id
- resource:995e87bda94f7888fee2
Resource Data
- Category
- indicated
- Tonnes
- 15730000
- Grade
- 102
- Grade Unit
- g/t
- Contained Metal
- 51.57
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-09T00:00:00.000Z
Reasoning: Indicated resource at La Cigarra.
Evidence · table
“102.00”
Context: 15.73
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.