Brief: Kootenay says 3,000 meter diamond drill program underway at Silver Fox project
29/06/2017 14:05
June 29 (Reuters) - Kootenay Silver Inc KTN.V :
* Kootenay Silver Inc - 3,000 meter diamond drill program is
underway at co's 100% owned Silver Fox project
* Kootenay Silver Inc - program is being operated by co
under guidance of technical committee comprised of appointees
from unit of Antofagasta Plc
* Kootenay Silver Inc - Antofagasta will be funding 100% of
costs under its earn-in agreement for silver fox
* Kootenay Silver Inc -terms of deal grant Antofagasta right
to earn 65% interest by funding or incurring aggegate total of
us$2.5 million in exploration expenditures
* Kootenay Silver Inc - Antofagasta has right to accelerate
first option expenditures
* Kootenay - on exercising first option, Antofagasta will
have right to acquire further 15% interest
Source text for Eikon: ID:nCNWq3lcba
Further company coverage: KTN.V
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Kootenay Silver
See all newsBrief: Columba Drilling Returns 10 Meters Of 503 Gpt Silver, 0.1% Lead, 0.6% Zinc And 9.88 Meters Of 319 Gpt Silver, 0.1% Lead And 0.6% Zinc From The Columba Drill Program
Brief: Columba Drilling Returns 10 Meters Of 503 Gpt Silver, 0.1% Lead, 0.6% Zinc And 9.88 Meters Of 319 Gpt Silver, 0.1% Lead And 0.6% Zinc From The Columba Drill Program
Brief: Kootenay Silver Announces Closing Of Bought Deal Life Private Placement For Gross Proceeds Of C$18 Million
Brief: Kootenay Completes Ni 43-101 Technical Report Detailing 54 Moz At 284 Gpt Silver Mineral Resource Estimate At Columba Project, Recommences Extension Drilling
Brief: Drill Results From Columba Project Chihuahua In Mexico