There are many more drill rigs turning for silver exploration and development companies than there have been over recent years. In turn, we have seen some impressive drill results thus far in 2020. This week both Blackrock $BRC.V and Kootenay Silver $KTN.V put out some promising exploration results.
Blackrock drilled 3m of 2,198 g/t AgEq (1,046 g/t Ag + 5.29 g/t Au) and 3.04m of 464 g/t AgEq (221 g/t Ag + 2.44 g/t Au) in a new vein and extends the Victor vein down plunge with 29m of 965 g/t AgEq (435 g/t Ag + 5.29 g/t Au) on its Tonopah West Project, located in the Walker Lane trend in Western Nevada. It is nice to see some silver focused companies drilling in Nevada, after all, it is known as the silver state.
Kootenay Silver: The company's exploration efforts have been quite successful at its two newer properties, both of which are much high grade than the project(s) they've focused on over recent years. This year, we've seen a batch of solid exploration results from its Columba silver project and a few from its Copalito silver-gold project.
The company announced three new drill holes from Copalito. These are the second, third, and fourth core holes to be announced since the start of the 3k meter drill campaign designed to target high-grade silver and gold showings of the 6 primary veins exposed at surface. These include 4.3m of 1.69 g/t Au + 1.7m of 3.02 g/t Au, 3.2m of 1,297 g/t Ag + 0.285 g/t Au and 13.1m of 347 g/t Ag and 0.216 g/t Au.
Chief Mining Analyst with SilverSeek & GoldSeek. Previously he was the Senior Mining Equity and Economic Analysis at The Morgan Report. He was a Co-Founder and Director of Lemuria Royalties, before it was acquired in March 2018. He also co-authored The Silver Manifesto with David Morgan in 2015.
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