Day: April 19, 2017

Kootenay Silver Inc. is pleased to announce that amended permits are in place and preparations for the previously announced 7,500-meter drill program are underway at its 100% owned La Cigarra silver project, located in Chihuahua State, Mexico. Drilling will commence in approximately two weeks and operate concurrently with ongoing geological mapping and sampling programs on peripheral target areas, which will be drill tested later in the year. The program is designed to expand on the reported Measured and Indicated silver resource, which currently stands at 18.5 million tonnes grading 86.3 gpt containing 51.5 million ounces and an Inferred silver resource of 4.45 million tonnes grading 80.0 gpt containing 11.4 million ounces.

Allan Barry Laboucan, President and CEO of Alset Energy said: “Our team has worked hard to get to this stage where we can start drilling and carrying out further sampling on the La Salada salar. La Salada is one of our highest grade salars based on past historical work, but we really need to better understand the distribution of lithium, potassium and boron throughout the salar and to test for brine horizons. I look forward to a good news flow from this program as we will be very busy working at La Salada and sending material in for testing.”

Evrim Resources Corp. is pleased to provide an update on recent activity at its Ermitaño gold-silver project in Sonora, Mexico under option to First Majestic Silver Corp. First Majestic has completed six additional drill holes following up discovery hole EW16-04 that intersected 11.4 grams per tonne gold over 18.0 metres at the Ermitaño West prospect. During a site visit, Evrim geologists reviewed holes EW16-05 to EW16-07 and report intersections of wide veins with near identical vein mineralogy and textures to those reported in hole EW16-04.