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Kootenay Silver Files Maiden MRE for the Columba Project and Restarts Extension Drilling
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Kootenay Silver Files Maiden MRE for the Columba Project and Restarts Extension Drilling
Aug 1, 2025 10:09 AM

12:48 PM EDT, 08/01/2025 (MT Newswires) -- Kootenay Silver ( KOOYF ) on Friday said it filed an maiden Mineral Resource Estimate (MRE) for its Columba Silver Project, located in Chihuahua, Mexico, with securities regulators.

The company also said it restarted drilling activities at Columba this week. The new program is primarily designed to extend all mineralized zones to depth and along strike.

The Columba property underground MRE includes, at a base-case cut-off grade of 150 grams per tonne (gpt) silver (Ag), Inferred Mineral Resources estimated at 5.92 million tonnes grading 284 gpt silver, 0.19% lead, and 0.50% zinc. The MRE includes Inferred mineral resources of 54.1 million troy ounces of silver, 25.2 million pounds of lead, and 65.6 million pounds of zinc.

It said a total of 17 epithermal veins that comprise the Columba vein system were included in the MRE.

Shares of the company were last seen down $$0.015 to $1.155 on the TSX Venture Exchange.

Price: 1.16, Change: -0.01, Percent Change: -1.28

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