KTN - Promontorio Silver Project: Resource Expansion


Promontorio Silver Project - NI 43-101 Resource Estimate (September 28, 2010, Excl. Gold, Copper)

At the following metal prices and recovery rates:

- Ag: US$15/oz, 82%
- Pb: US$.97/lb, 85%
- Zn: US$.91/lb, 91%

Promontorio's Pit Discovery Zone has a NI 43-101 resource estimate of:

Indicated Mineral Resources:

5.22 million t @ 52.7 g/t Ag, .86% Pb, .96% Zn

= Ag: 8.9 million oz
= Pb: 99.3 million lb
= Zn: 110.8 million lb

= Ag-Eq.: 21.9 million oz

Inferred Mineral Resources:

650,000 t @ 55.7 g/t Ag, .94% Pb, 1.00% Zn

= Ag: 1.17 million oz
= Pb: 13.4 million lb
= Zn: 14.3 million lb

= Ag-Eq.: 2.9 million oz

Source: http://www.kootenaygold.ca/i/projects/Promontorio/NI_43-101_Promontorio_Resource_Calculation_2010-09-28.pdf


Promontorio Silver Project - Resource Expansion

- Existing NI 43-101 resource estimate: 21.9 million oz Ag-Eq. (Indicated) + 2.9 million oz Ag-Eq. (Inferred) = 24.8 million oz Ag-Eq.

- If KTN is able to double the resource: 24.8 million oz Ag-Eq. x 2 = 49.6 million oz Ag-Eq.
- If KTN is able to triple the resource: 24.8 million oz Ag-Eq. x 3 = 74.4 million oz Ag-Eq.
- If KTN is able to quadruple the resource: 24.8 million oz Ag-Eq. x 4 = 99.2 million oz Ag-Eq.
- If KTN is able to quintuple the resource: 24.8 million oz Ag-Eq. x 5 = 124.0 million oz Ag-Eq.

I believe that a tripling of the resource is definitely in the cards...

Latest drill results map: http://www.kootenaygold.ca/i/projects/Promontorio/drillresultsmap.pdf


Further Reading

2010-11-10
UK-Analyst.com - Kootenay Gold - Targeting 100+ Million Ounces of Silver in Mexico
http://uk-analyst.com/shop/page-advice/action-advertorial.show/id-130008848

2010-11-18
Minesite.com - With Drill Rigs Now Turning, Kootenay Hopes To Triple The Resource At The Promontorio Silver Project In Mexico In Double-Quick Time
http://minesite.com/news/with-drill-rigs-now-turning-kootenay-hopes-to-triple-the-resource-at-the-promontorio-silver-project-in-mexico-in-double-quick-time

2011-02-11
Resource Clips - Kootenay Gold’s New Projects Generate Income For Its Mexico Silver Project
http://resourceclips.com/2011/02/11/a-well-rounded-junior/

2011-03-17
Resource Investor - Mexico’s Newest Emerging Silver Resource
http://www.resourceinvestor.com/News/2011/3/Pages/Mexicos-Newest-Emerging-Silver-Resource.aspx

2011-04-12
Minesite.com - Kootenay Gold Has A Lot More Silver Than Its Name Might Suggest
http://minesite.com/news/kootenay-gold-has-a-lot-more-silver-than-its-name-might-suggest

2011-06-28
Union Securities Ltd. - Kootenay Gold Receives 'SPECULATIVE BUY' Recommendation from Union Securities
http://minesite.com/media/pub/var/release_downloadable_file/31670.pdf

2011-08-09
Minesite.com - Kootenay Gold Now Boasts 21 Million Ounces Of Silver Equivalent, And Counting
http://minesite.com/news/kootenay-gold-now-boasts-21-million-ounces-of-silver-equivalent-and-counting


Guy