54 Million Ounces of Silver — And That’s Just the Beginning for Kootenay

Published: Tue, 07/01/25

Updated: Fri, 07/04/25

Kootenay Silver just made a major announcement that could reshape the company’s future — and possibly the silver exploration landscape in Mexico.

They’ve released their maiden resource estimate for the Columba Project:
54.1 million ounces of silver at an impressive grade of 284 gpt , along with over 90 million pounds of lead and zinc combined. And this isn’t a pie-in-the-sky projection, it’s based on over 200 drill holes and more than 53,000 meters of core drilling.

But here’s what matters most: this is only the starting point.

Much of the drilling so far has been wide-spaced. The veins remain open along strike and at depth. The D Vein alone which holds more than half the current resource is known to extend well beyond current drilling, both vertically and laterally. Kootenay is preparing for another 50,000 meters of drilling, targeting both expansion and selective infill. The goal? To unlock significantly more ounces and move this project toward development.

This isn’t just another silver property. Columba is a high-grade, epithermal vein system in the heart of a prolific silver belt, a project that Kootenay believes could rival the scale and potential of districts like La Chispas and Panuco. It had been sitting untouched for nearly 40 years until Kootenay secured 100% ownership and began serious exploration. Now they’ve mapped over 4km x 3km of vein structures and proven vertical mineralization over 350 meters, with indications it could reach more than double that.

The silver grades also increase with depth, a good sign that the system hasn’t been eroded or depleted. In fact, it’s likely most of the original silver is still intact.

Kootenay’s team has done the hard work: negotiating access, conducting detailed mapping, running airborne surveys, and executing a systematic drill program. Now, with a 54 Moz maiden resource and dozens of open targets still ahead, they’re positioned to grow the resource and draw even more attention to Columba.

If you’re an investor looking for exposure to a silver story with real grade, blue-sky upside, and a management team with a track record of advancing projects — this is a moment to take notice.

This is still early days for Columba, and that’s precisely why it’s exciting. Most investors haven’t caught on yet. But the groundwork is in place, the grades are real, and the next phase of drilling could bring some serious surprises.

Click here to read the full news release

Or reach out directly — we’d be happy to walk you through why we think Columba could become one of Mexico’s most important new silver discoveries.

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. Supported by one of the largest junior 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 its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.

For additional information, please contact:

James McDonald, CEO and President at 403-880-6016
Jeff Sundar, Capital Markets Advisor at 604.764.5944
or visit: www.kootenaysilver.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

The information in this news release has been prepared as at June 16, 2025. Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay’s expectations or any change in events, conditions or circumstances on which any such statement is based.

Cautionary Note to US Investors: This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ significantly from the requirements adopted by the U.S. Securities and Exchange Commission (the "SEC"). The SEC sets rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.

Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein.

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