09:17 AM EST, 01/16/2025 (MT Newswires) -- Kootenay Silver ( KOOYF ) , which jumped 4.2% yesterday, earlier on Thursday provided results from seven new drill holes at the Columba High Grade Silver Project.

Among highlights, it cited highs to 1,440 gpt silver And 3.1% lead-zinc at the Main Zone.

The company in a statement noted the batch reported comprises tests from three areas at Columba: F-Vein, D-Vein and B-Vein Corridor which is the extension of the historically mined F-Vein. It said the results are a continuation of ongoing drill testing of those three trends. The company is focused on testing extensions and gaps within the data set in advance of the preparation of a mineral resource estimate, it added.

Kootenay's President & CEO, James McDonald, said: "The project continues to deliver excellent results. Hole 180 in the B vein corridor for example. This hole is about a 75 meter down dip extension of hole CDH-21-111...with 4.6 meters (core length) of 1186 gpt silver. Also hole 183 testing a large gap in the F vein returned excellent high grade results improving and confirming continuity. Drilling has recommenced after the Christmas break with two drills. There are approximately 2000 meters remaining on the current 20,000 meter program as we work our way to a maiden resource estimate at Columba."

KTN rose $0.04 or 4.2% to $0.99 yesterday.