Kootenay to Showcase Columba Silver Project at the 2026 PDAC Core Shack

Original announcement by tmx on

Company
Kootenay Silver Inc.
Ticker
KTN
Exchange
TSX
Region
Chihuahua, Mexico
Primary commodity
Silver
Secondary commodities
Lead, Zinc, Copper
Document categories
Drill results, Resource update
Extracted
2026-09-18 06:54:22 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Kootenay Silver Inc. is showcasing its Columba Silver Project in Chihuahua, Mexico, at the 2026 PDAC convention. The project features a maiden inferred silver resource of 54.1 Moz at 284 g/t Ag, characterized by a high-grade epithermal vein system.

Reasoning: The document showcases a significant inferred silver resource and highlights high-grade historical drill intercepts to promote the project at PDAC. While the resource is high-grade, it is entirely in the inferred category, which limits immediate economic confidence.

Positive factors

  • Large inferred silver resource of 54.1 Moz
  • High-grade epithermal vein system with significant vertical extent
  • Robust QA/QC disclosure including certified lab and QP sign-off

Facts used in scoring: 7

Classification and evidence

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The 54.1 Moz silver resource is explicitly classified as an inferred Mineral Resource Estimate.

Evidence · text

“hosts an inferred Mineral Resource Estimate ("MRE") totaling 54.1 Moz of silver”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The technical report is titled 'Maiden Mineral Resource Estimate'.

Evidence · text

“Maiden Mineral Resource Estimate”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release provides detailed QA/QC protocols including lab names, blanks, standards, and duplicates.

Evidence · text

“All technical information for the Columba exploration program is obtained and reported under a formal quality assurance and quality control ("QA/QC") program.”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole CDH 24-164 returned 531 g/t Ag over 12m, which is exceptionally high for an epithermal system.

Evidence · text

“12 meters of 531 g/t Ag in CDH 24-164”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource was 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”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (6)

CDH 24-166Columba · silverGrade: 175Grade Unit: g/tIntercept: 28.63 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
CDH 24-166
Project
Columba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KTN

Geometry

Grade
175
Grade Unit
g/t
Intercept
28.63 m
From
300 m
To
328.63 m
Intercept Depth
300 m

Classification

Sample Type
drill
Group ID
CDH 24-166:300-328.63

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-01-01T00:00:00.000Z

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: High-grade silver intercept reported as historical reference.

Positive factors

  • Strong silver grade over significant width

Evidence · text

“intercepted 28.63 meters of 175 gpt Ag including 9 meters of 302 gpt Ag in CDH 24-166”

Tags used in scoring

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

CDH 24-166Columba · silverGrade: 302Grade Unit: g/tIntercept: 9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
CDH 24-166
Project
Columba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KTN

Geometry

Grade
302
Grade Unit
g/t
Intercept
9 m
From
300 m
To
309 m
Intercept Depth
300 m

Classification

Sample Type
drill
Group ID
CDH 24-166:300-309

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-01-01T00:00:00.000Z

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: High-grade sub-interval within CDH 24-166.

Positive factors

  • Bonanza grade intercept

Evidence · text

“9 meters of 302 gpt Ag in CDH 24-166”

Tags used in scoring

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

CDH 21-110Columba · silverGrade: 453Grade Unit: g/tIntercept: 29.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
CDH 21-110
Project
Columba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KTN

Geometry

Grade
453
Grade Unit
g/t
Intercept
29.9 m
From
150 m
To
179.9 m
Intercept Depth
150 m

Classification

Sample Type
drill
Group ID
CDH 21-110:150-179.9

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Historical high-grade intercept.

Positive factors

  • Very high grade over significant width

Evidence · text

“29.9 meters of 453 gpt Ag with 16.5 m of 650 gpt silver in CDH 21-110”

Tags used in scoring

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

CDH 21-110Columba · silverGrade: 650Grade Unit: g/tIntercept: 16.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
CDH 21-110
Project
Columba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KTN

Geometry

Grade
650
Grade Unit
g/t
Intercept
16.5 m
From
150 m
To
166.5 m
Intercept Depth
150 m

Classification

Sample Type
drill
Group ID
CDH 21-110:150-166.5

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: High-grade sub-interval within CDH 21-110.

Positive factors

  • Exceptional silver grade

Evidence · text

“16.5 m of 650 gpt silver in CDH 21-110”

Tags used in scoring

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

CDH 24-164Columba · silverGrade: 211Grade Unit: g/tIntercept: 98.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
CDH 24-164
Project
Columba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KTN

Geometry

Grade
211
Grade Unit
g/t
Intercept
98.7 m
From
0 m
To
98.7 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
CDH 24-164:0-98.7

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-01-01T00:00:00.000Z

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Significant high-grade intercept reported as historical reference.

Positive factors

  • Extremely wide high-grade intercept

Evidence · text

“hole CDH 24-164 that hit 98.7 meters grading 211 gpt Ag including 12 meters of 531 gpt Ag”

Tags used in scoring

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

CDH 24-164Columba · silverGrade: 531Grade Unit: g/tIntercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
CDH 24-164
Project
Columba
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KTN

Geometry

Grade
531
Grade Unit
g/t
Intercept
12 m
From
0 m
To
12 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
CDH 24-164:0-12

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-01-01T00:00:00.000Z

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: High-grade sub-interval within CDH 24-164.

Positive factors

  • Bonanza grade intercept

Evidence · text

“12 meters of 531 gpt Ag”

Tags used in scoring

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

Resource Estimates (1)

inferredColumba Silver Project · silverTonnes: 5920000Grade: 284Grade Unit: g/tContained Metal: 54.1Contained Unit: mozView all details
Link to this fact

Identity

Project
Columba Silver Project
Commodity
silver
Region
mexico
Reported Region
Chihuahua, Mexico
Ticker
KTN

Resource scope

Estimate type
resource
Effective date
2025-05-29T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Eggers, Allan Armitage, Dale Brittliffe
Resource group id
resource:4d058c4da94b5d62cdac
Deposit or zone
Columba
Mining method
other
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5920000
Grade
284
Grade Unit
g/t
Contained Metal
54.1
Contained Unit
moz

Prior Estimate

Resource Date
2025-05-29

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Large scale silver resource established, though geological confidence is limited to the inferred category.

Positive factors

  • Significant silver metal content (54.1 Moz)

Negative factors

  • Entirely inferred category

Evidence · text

“inferred Mineral Resource Estimate ("MRE") totaling 54.1 Moz of silver based 5.92 Mt at a grade of 284 gpt”

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

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

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.