Kootenay’s President & CEO, James McDonald joins GoldSeek TV in Zurich to talk about the company’s portfolio of silver projects and the big discoveries taking place at its Columba silver project, which is being advanced towards its maiden resource.
Jim McDonald shares more on the current state of Kootenay Silver:
The Columba Silver project is giving off excellent results, incredible grades and thickness. It is a new vein district and we are hitting consistently hole after hole. Grades are hitting significant silver intercepts. The district itself has a 100 million silver ounce potential and maybe even multiples of that. These vein districts usually have a few key vein structures which hold the vast majority of everything and for us, the D-vein is going to be that for us, we are pretty sure. We are hitting consistently including 98 meters of over 200 grams and hitting the vein consistently over 700 meters and it remains open at depth.
Kootenay has drilled already 30,000 meters at the start of this year (2024) and drilling 20,000 meters currently under the current program, this will give us about 200 holes and this should be enough for a maidan silver resource. Our anticipation is for an initial resource of 50 million silver ounces and expectation is for much more.
Collectively, Kootenay Silver holds over 1/4 billion ounces of silver resources (measured and indicated plus inferred) from their other projects, plus what will be added from the Columba project. Last year Kootenay updated resources on their other projects, enhancing the value of the silver deposits with potential to expand the size and ready to move forward when the silver market revives.
Listen in to learn more about this exciting high-grade Silver discovery in Mexico! To learn more about Kootenay Silver, please visit their website: https://kootenaysilver.com/
Please note, employees at GoldSeek are long-term shareholders in Kootenay Silver and the company has been a supportive sponsor of both GoldSeek.com and/or SilverSeek.com.
About the author
Founder and President of GoldSeek.com and SilverSeek.com
Twitter: @GoldSeek
His experience with the precious metals markets started back in the mid-1990s, which led to the creation of GoldSeek.com in 1995. Today GoldSeek.com ranks within the top, most-visited gold investor websites in the world with a 250,000+ global monthly reader outreach. Its sister site, SilverSeek.com, is ranked as the most visited silver website in the world recently reaching 100,000+ monthly silver investor readers.
With over 15 years of experience with investing into gold and silver mining companies, Peter devotes much of his time researching, consulting and investing into gold and silver stocks with a primary focus on micro-caps. His focus is also heavily on gold and silver’s return as monetary metals and the ongoing monetary and financial developments with a global perspective.
Back at the start of the new secular precious metals bull market, Peter established the technically+fundamentally-focused subscription newsletter, Gold Seeker Report. In 2005, he merged the service and co-founded The Gold & Silver Forecaster weekly newsletter.
Peter also specializes in assisting start-up / micro-cap ($1M - $100M+ market caps) companies connect with investors, capital among other specialized consulting services - typically IPO, undiscovered or turnaround situations.
In 2008 he launched an online gold and silver auction house - SeekBullion.com - which in its first year has auctioned over $10 million in bullion and coins with an additional $10M in the coming couple years. In 2012 the site is now under re-development pending a future re-launch.
Peter also makes frequent appearances in the media, including Investors Business Daily, MarketWatch, Reuters, and theStreet.com
Legal Notice / Disclaimer: This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. SilverSeek.com, have based this document on information obtained from sources it believes to be reliable but which it has not independently verified; SilverSeek.com makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of SilverSeek.com only and are subject to change without notice. SilverSeek.com assume no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report.
Additional Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Authors have taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond our control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. The information presented in stock reports are not a specific buy or sell recommendation and is presented solely for informational purposes only. The author/publisher may or may not have a position in the securities and/or options relating thereto, & may make purchases and/or sales of these securities relating thereto from time to time in the open market or otherwise outside of the trading timeframe listed above. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. The companies mentioned herein may be sponsor of SilverSeek.com. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.