KOOTENAY REPORTS DRILL RESULTS AS 60,000-METER COLUMBA PROGRAM ADVANCES
Kootenay expands the Columba D vein strike to 1.32 km with good but not exceptional step-out grades.
Kootenay Silver Inc. has released assay results from 42 of the 60,000-metre Columba drill program, with 14 additional holes still pending. The company’s update highlights systematic 100-metre step-out drilling along the D Vein, alongside incidental intercepts from the Lupe and B2 veins.
Key reported intervals include: - CDH-26-253: 6.28 m @ 274 g/t Ag, including 2.40 m @ 509 g/t Ag; second zone 31 m @ 94 g/t Ag, including 4 m @ 253 g/t Ag - CDH-26-243: 17 m @ 178 g/t Ag, including 5.50 m @ 291 g/t Ag, with elevated gold and zinc - CDH-26-251: 10 m @ 96 g/t Ag, including 0.96 m @ 520 g/t Ag and 0.40 m @ 816 g/t Ag - CDH-26-248: 4 m @ 288 g/t Ag, including 1 m @ 703 g/t Ag - CDH-26-250: 22 m @ 83 g/t Ag, including 2 m @ 265 g/t Ag - CDH-26-242: 0.3 m @ 1,580 g/t Ag - CDH-26-247: 3.93 m true width @ 40 g/t Ag, extending mineralization to 600 m below surface
According to the company, the D Vein now extends over approximately 1,320 metres of strike and reaches a depth of 600 metres. Several blind hanging-wall and footwall veins have been identified as new exploration targets.
Kootenay Silver Inc. (KTN) is an exploration-stage company with a market capitalization of approximately C$124 million. The recent release serves as a drill-batch update rather than a resource estimate, preliminary economic assessment, or discovery hole. While relevant to the equity, the update is considered incremental.
The D Vein strike has expanded to 1,320 meters with a depth of 600 meters, indicating the system is larger than previously defined. However, grades in the step-out holes are generally lower than prior high-grade hits, and several broad zones average below the 150 g/t Ag resource cutoff. The newly identified blind veins remain in the early stages.
The stock price is currently near the low end of its 52-week range. It is viewed as solid, expected, and supportive of the resource expansion thesis, but not yet transformational.
Kootenay Silver Inc. (KTN) is a Canadian junior explorer and developer focused on silver projects in Chihuahua, Mexico. Its portfolio includes La Cigarra, which has a completed PEA showing an after-tax NPV of C$763M and a 41% IRR at $50/oz Ag, alongside a M+I resource of 60.02 moz Ag. The company also holds the Columba project, which contains a maiden inferred resource of 54.1 moz Ag at 284 g/t Ag and is currently being expanded with a 60,000 m drill program.
Additional assets include Promontorio, with a M+I resource of 140.8 moz AgEq and an Inferred resource of 39.8 moz AgEq, and La Negra, which holds an Indicated resource of 21.4 moz Ag and an Inferred resource of 4.5 moz Ag. The company had no revenue as of Q3 2025. Cash stood at approximately C$34.4 million as of June 30, 2026, per the presentation. No mineral reserves have been declared.