Production / Operations
Kootenay Silver Commences 3D-IP and AMT Geophysical Survey at the Columba Silver Project, Chihuahua, Mexico
Kootenay Silver presses ahead with Columba expansion as IP/AMT survey adds new discovery potential and a funded drilling path
Executive Summary
- The most recent release (2026-02-25) confirms Kootenay Silver has commenced a large-scale 3D-IP and AMT geophysical survey at the Columba Silver Project in Chihuahua, Mexico, testing about 1,250 hectares. The survey is expected to take about eight weeks and will feed into three-dimensional resistivity and chargeability models to guide discovery targets.
- The survey is paired with ongoing drilling (two diamond drills) and complements a substantial drilling program — about 15,000 meters into a planned 50,000-meter program, with a financing commitment available to fund another 10,000 meters beyond the current program.
- The Feb 25 release reiterates that the IP/AMT program is an important step toward identifying additional high-grade targets and evaluating Columba’s broader scale potential, aligning with prior statements about the Columba district’s open-ended vein system and exploration strategy.
- The context from recent items shows a financing-enabled push to advance Columba (bought deal financings in Feb 2026; a dedicated marketing services push; and a PDAC appearance to promote Columba’s high-grade system). Collectively, the news narrative is one of funded growth at Columba, with La Cigarra moving toward a PEA (announced Jan 20, 2026) and ongoing expansion drilling at Columba.
- The comprehensive press sequence (Jan–Feb 2026) includes: commissioning a La Cigarra PEA, continuing Columba drilling to 100Moz-plus silver target, a LIFE private placement closing for C$18 million, and a separate marketing agreement; the IP/AMT update fits within this ongoing expansion and capital-raising program.
Material Impact
- Short answer: positive, but not a game-changing material update to production or reserves.
- Why:
- The 3D-IP/AMT survey provides advanced mapping of chargeability and deep resistivity to identify concealed high-grade targets and major structures. It enhances the technical basis for further resource expansion at Columba, consistent with the company’s strategy to grow the maiden resource toward 100 Moz Ag potential.
- The update is supportive of, but not a direct, immediate uplift to a measured/resource category. It aligns with ongoing 50,000 m drilling and a funded plan for additional meters, underpinning the near-term exploration runway.
- The news is in line with prior expectations that Columba remains open for expansion and that Columba’s resource growth would be driven by continued drilling and geophysical work. It does not report material changes to MRE or reserves and does not announce a new commercial agreement or debt relief.
- In summary, the news reinforces a positive trajectory for Columba and the broader project pipeline, supported by recent financings, but it remains exploratory rather than a definitive, material development in reserves or near-term production.
KTN · Price
Company Overview
- Company overview:
- Kootenay Silver Inc. is a TSXV-listed explorer focused on silver projects in Mexico, including Columba (Chihuahua) and La Cigarra (Chihuahua). The company has advanced a large-scale drilling program at Columba and is pursuing a PEA for La Cigarra.
- Flagship project:
- Columba Silver Project, Chihuahua, Mexico: a classic high-grade epithermal vein system with a maiden mineral resource estimate (MRE) of 54 Moz Ag equivalent (MRE). The project hosts veins such as D-Vein, B-Vein, F-Vein, and I-Vein within a roughly four by three kilometer mapped surface area, near-surface and at depth mineralization with significant potential for expansion.
More from Kootenay Silver Inc.
Jun 15, 2026 · 10:29