The President and CEO of Kootenay Silver Inc., James McDonald, joins GoldSeek TV to discuss the latest drill results from their high-grade Columba Silver Project.
Live from the Zurich Precious Metals Summit, GoldSeek TV speaks with mining industry executives and experts. 20 interviews were filmed at the Precious Metals Summit in Zurich on November 13 and 14.
CEO McDonald states: "We are very pleased with the current program which continues to intercept D-Vein with excellent grades and widths. Each hole to date has expanded the size of the zone."
We have already seen a remarkable dichotomy this year with silver and gold prices rising, but silver and gold equities falling, which leaves gold-silver miners and explorers looking for remarkably good value.
CEO McDonald: "We are pleased that our planned drilling is intersecting D Vein consistently at expected target depths with a 100% hit rate to date for the D Vein."
Plus the update upgrades the grades of the resource and John gives us insights into the ongoing exploration focus that continues to grow this into a world-class silver-gold asset.
CEO Miniotis: "We are delighted to announce that M&I Mineral Resources at Diablillos are now estimated to contain approximately 260 Moz AgEq."
As of the date of this announcement, Silvercorp holds 72,312,344 OreCorp Shares, representing 15.40% of the fully paid ordinary shares of OreCorp.
President & CEO McDonald states: "The widths and grades we are seeing at D Vein are extremely encouraging and support our belief in the potential of defining a significantly sized silver resource."
Upon completion of the Transaction ("Closing"), Outcrop has 249,429,636 Outcrop Shares, 95,845,689 Outcrop Warrants, 24,437,500 Outcrop Options and 75,000 Outcrop DSUs issued and outstanding.