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Kootenay Completes Surface Access Agreement for Copalito Silver-Gold Project, Mexico

Published: October 9, 2019 |

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Kootenay Silver has signed a surface access agreement with the local Ejido at the Copalito Project located in the State of Sinaloa, Mexico.

The agreement allows Kootenay full surface access to the land that covers the gold and silver epithermal vein system discovered by Kootenay as well as surrounding exploration potential at Copalito. The agreement also allows the company to conduct exploration activities including but not limited to mapping, sampling, geophysics, trenching, and drilling.

Kootenay is currently in the process of filing necessary permit applications with the government to conduct a maiden drill program, with the expectation of permits being issued by the end of the year. The company has retained the services of an environmental consultant to assist in and expediate the process.

Copalito covers a gold and silver epithermal vein system comprised of numerous veins, with individual veins currently traced over strike lengths of up to two (2) kilometers. Veins vary in width from 0.5 to 15 meters at surface. Exploration efforts by the company to date have been focused on six (6) known principal veins discovered by Kootenay, with results previously reported over the past year.

Copalito Project Geology

Mineralization is hosted within classic low sulfidation epithermal quartz and rare calcite veins.  Multiple mineral events are evidenced by banded mineralized textures, multiple cross cutting veins/veinlets, laminated banding of chalcedonic and crystalline quartz, sulfide replacement and infillings of breccia matrix. Sulfide content is generally low but does range to 20 percent or more in hand samples. Sulfides and their oxide equivalents include fine grained pyrite, black and yellow sphalerite, galena, chalcopyrite and silver sulphosalts. Some zonation is becoming apparent with veins in the northeast being higher in gold and base metals and those in the south being high in silver and low in base metals.

About Copalito Silver-Gold Project

The Copalito Project is a classic low sulphidation epithermal vein system which has numerous small old workings and no evidence or reports of historic exploration drilling. The property consists of seven concessions totaling approximately 3,700 hectares and is located 35 kilometres east of McEwen Mining’s El Gallo Mine complex in Sinaloa State, along the western fringes of the Sierra Madre Occidental in northwestern Mexico. The Copalito Project has good access, topography and infrastructure. Kootenay’s wholly owned Mexican subsidiary can acquire a 100 percent ownership in the concessions by making staged payments over a 4-year period.


About Kootenay Silver Inc.
Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of two of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico.

To stop by Kootenay’s website, CLICK HERE


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