Kootenay Gold Inc. (TSX VENTURE:KTN)today announced that the company has entered into agreement with Orestone Mining Corp. According to the agreement, the Company must spend $1,000,000 and issue Kootenay an aggregate 750,000 shares to earn 60% of Kootenay’s Connor Creek gold property located in British Columbia, Canada. The press release is quoted as saying: Kootenay [...]
Astral Mining Corporation (TSX VENTURE:AA)(TSX VENTURE:AA.WT) and joint venture partners Kootenay Gold Inc. (TSX VENTURE:KTN) announced today the companies are finalizing preparation of a bulk sample permit application for the JJ Main discovery zone on the 33,881Ha Jumping Josephine gold project in Southern British Columbia. The press release is quoted as saying: Astral Mining Corporation [...]
Kootenay Gold (CVE:KTN) announced today that they have started an IP survey at the Dorotea project in Mexico. Jim McDonald, Kootenay’s CEO is quoted saying: The initial geophysical survey of 3D IP conducted over the Promontorio Mine area was very successful in mapping out sulfide mineralization (see news release dated May 14, 2008) and proved [...]
Kootenay Gold (CVE:KTN) annouced today that Brian Groves has been added to the company’s board of directors. Groves’ experience includes 12 years at Placer Dome and he is currently CEO of Skygold Ventures (CVE:SKV). Groves is quoted as saying: Having just completed a visit to Kootenay’s Promontorio Silver/Gold Project, I am pleased with the results [...]
Kootenay Gold (TSX-V:KTN) annouced today the results from surface sampling of the Dorotea Structure at its Promontorio project in Northwest Mexico. Maximum values fromt he 22 samples were 45.6g/t gold and 587 g/t silver with average values for copper, lead and zinc of 0.2%, 1.3% and 0.11% respectively. Kootenay’s CEO Jim McDonald is quoted as [...]
Kootenay Gold (CVE:KTN) provided an update today on 4 projects that have been optioned to Klondike Silver (CVE:KS) in Sonoral Mexico. Included in the update are the Espiritu, El Cuervo, Suzanne and Ofelia projects. Click here for the full press release.
Kootenay Gold Inc. reported today that grab samples at its Promontorio property in northwest Mexico have identified 7 new mineral zones. Assays from the grab samples returned values as high as 799 g/t silver and 12.05 g/t gold. One sample, not included in the calculations assayed 181 g/t gold. Kootenay CEO James McDonald is quoted [...]
Kootenay Gold (CVE:KTN) reported today on 5 drill holes at the Promontorio project in Sonora State, Mexico. Three of the step out holes contained high grade mineralization 1600 meters from the main PIT discovery zone. Results included 13.5 meters of 77g/t silver, 2.78g/t gold and combined lead/zinc of 1.26% only 3 meters below surface. Jim [...]
Kootenay Gold (CVE:KTN) reported today that more significant mineralization was found on the Promontorio silver discovery in Sonora, Mexico. The exploratory holes were up to 850 meters from the Pit discovery zone and returned results up to 815 grams per tonne of silver equivalent. Kootenay’s CEO Jim McDonald is quoted as saying: Given the success [...]
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