Year: 2022

Kootenay Silver Inc. is pleased to announce JV operator Aztec Minerals Corp. has released additional drill results on the California target, which continue to return broad gold mineralization from the 2022 RC drill program being completed at the Cervantes property located in Sonora, Mexico.

“These results serve to build confidence in our understanding of geological controls of high-grade mineralisation within the various veins and different zones of our Guanajuato mine holdings. Further, drilling at the El Cubo mine continues to identify mineralisation that the Company can quickly build into its near-term mining plans,” commented James Anderson, Chairman and CEO of Guanajuato Silver.

Greg McKenzie, President and CEO commented: “We are pleased to discover that the Fernandez Zone extends 70 metres to the northwest as measured from the previous most westerly hole. We can see that the continuity of mineralization on the western side is really remarkable as we have encountered 395 metres of mineralization with a maximum internal dilution of only 4.5 metres.”

The Aztec-Kootenay JV has now completed its Phase 2 Reverse circulation program of 26 holes, totaling 4,649 metres at the Cervantes Property. Drilling commenced in December 2021. The planned drill testing of the four main targets of the Cervantes phase 2 drilling program is now complete.

Riverside has signed an option agreement to acquire a 100% interest of Orogen’s 98 km2 mineral tenure in the Project through the BHP-Riverside EFA.