Kootenay Silver Provides an Update on Activities

The most recent news (March 09, 2026) provides an operational update on the flagship Columba project in Mexico. Key highlights include the expansion of the drilling program to 60,000 meters (up from 50,000) following strong results from the Lupe and B-2 veins. Notable intercepts include 7.6 meters of 299 gpt Ag and 4.53 meters of 390 gpt Ag. The company also confirmed that the Preliminary Economic Assessment (PEA) for its second project, La Cigarra, is on track for completion in mid-to-late Q2 2026. Drilling at Columba has reached 18,000 meters of the expanded 60,000-meter goal.

The news is Routine - Positive. While the drill results continue to confirm high-grade silver mineralization and the expansion of the drill program suggests management's confidence, these results are incremental and consistent with the "aggressive expansion" strategy signaled in January 2026. - Resource Growth: The results support the company's stated goal of growing the Columba maiden resource from 54.1 Moz Ag to 100 Moz Ag. - Operational Continuity: Increasing the budget to 60,000 meters is a positive sign of geological success but was largely anticipated following the C$18 million financing in February. - De-risking: The confirmation of the 24-year surface access agreement covering all drilled areas is a critical, though previously disclosed, factor for long-term exploitation.

Kootenay Silver is a Mexico-focused silver explorer. - Flagship Project: Columba (Chihuahua, Mexico). A high-grade epithermal vein system. - Current Resource: 54.1 million inferred ounces Ag at 284 gpt. - Secondary Project: La Cigarra. Holds 51.57 Moz Ag (M+I) and is currently undergoing a PEA. - Other Assets: Promontorio and La Negra, providing a pipeline of over 170 Moz Ag across all categories.