Kootenay Silver Inc. reports exploration and development updates for a portfolio of silver projects in Mexico’s Sierra Madre region. News commonly centers on the Columba High Grade Silver Project in Chihuahua, including step-out drilling, assay results, vein systems such as D, B2 and Lupe, and mineral resource expansion work. The company also reports on La Cigarra, Promontorio and La Negra as silver deposits within its Mexican project portfolio.
Company updates also cover preliminary economic assessment work, bought-deal financing and warrant exercise proceeds used to fund exploration, technical disclosure under National Instrument 43-101, conference presentations, and marketing or promotional-activity disclosures tied to its OTCQX-traded common shares.
Kootenay Silver (KOOYF) appointed Mark Smith as a technical advisor to support development planning for its La Cigarra project.
The company said Smith will advise on geotechnical drilling and engineering for the tailings facility envisioned in the project's preliminary economic assessment. His experience includes designing, operating and closing tailings management facilities.
Kootenay also announced annual incentive awards: options to purchase 2.2 million shares, exercisable at $0.94 for five years, and restricted and deferred share units totaling 1.11 million common shares. Recipients include employees, directors, officers, advisors and consultants.
Kootenay Silver (KOOYF) reported new drill results from the Lupe Vein at its Columba High-Grade Silver Project in Chihuahua, Mexico, within a staged 60,000-meter program.
Highlights include Lupe intercepts of 232 gpt silver over 24.0 meters (15.36m etw) in hole CDH-26-258 and 759 gpt silver over 6.02 meters (3.01m etw) in CDH-26-256, with peak grades up to 4,040 gpt silver over 0.30 meters. Additional high-grade intervals were cut in the B2, D and G vein systems, including 2,010 gpt silver over 0.50 meters in B2 and 1,520 gpt silver over 0.55 meters in Lupe. Drilling has now outlined the Lupe Vein over roughly 520 meters of strike and 450 meters vertical extent, and it remains open. More than 30,000 meters of the 60,000-meter campaign are complete, and the company is fully funded to finish the program.
Kootenay Silver (KOOYF) reported new drill results from its 60,000-metre program at the Columba high‑grade silver project in Chihuahua, Mexico. About 29,700 metres have been completed, with results now released for 42 holes and assays pending for another 14 holes. Drilling has expanded the D Vein to roughly 1,320 metres of strike and to depths of about 600 metres below surface, beyond the limits of the current inferred resource.
The maiden inferred MRE for Columba totals 54.1 million oz silver in 5.92 million tonnes grading 284 g/t Ag. Recent holes on D Vein returned intervals such as 6.28 m etw 3.33 m @ 274 g/t Ag (incl. 2.40 m etw 1.27 m @ 509 g/t Ag) and 31.0 m etw 16.43 m @ 94 g/t Ag. Hangingwall and footwall “blind” structures delivered high‑grade hits including 1,580 g/t Ag over 0.30 m (CDH‑26‑242) and 703 g/t Ag over 1.0 m (CDH‑26‑248). The Lupe/B2 system also produced notable intercepts, such as 816 g/t Ag over 0.40 m and multi‑metre zones of 90–280 g/t Ag.
Gold mineralization, historically irregular, is now observed more consistently in several deeper holes, with intervals up to 1.61 g/t Au over 0.66 m and elevated zinc (up to 9.4% Zn) alongside lower‑grade silver. The company states that systematic drilling has identified new hangingwall and footwall targets, confirms the D Vein is open at depth, and that it remains fully funded to complete the entire 60,000‑metre drill campaign while shifting upcoming drilling emphasis to other priority veins including Lupe/B2, J and La Preciosa.
Kootenay Silver (OTCQX: KOOYF) has filed an independent NI 43-101 Technical Report titled “Preliminary Economic Assessment for the La Cigarra Silver Project” with an effective date of January 15, 2026. The report supports the previously announced positive PEA for the wholly owned La Cigarra project in Chihuahua, Mexico and shows no material differences from the June 15, 2026 disclosure.
According to Kootenay, La Cigarra is located 26 km from Hidalgo del Parral, benefits from established infrastructure and a skilled local mining workforce, and lies within a prolific historic silver district. The report was prepared by Sacré-Davey Engineering with several specialized consulting contributors and is available on SEDAR+ and the company’s website.
Kootenay Silver (OTCQX:KOOYF) reported a positive Preliminary Economic Assessment for its 100%-owned La Cigarra silver project in Chihuahua, Mexico.
The study outlines a 14-year open-pit operation with a US$763 million after-tax NPV (5% discount), 41% IRR, 1.9-year payback, and 63.6 million ounces LOM payable silver.
Kootenay Silver (OTCQX:KOOYF) reported a positive PEA for its 100%-owned La Cigarra silver project in Chihuahua, Mexico. The 14-year open-pit operation shows an after-tax NPV (5%) of $763 million and 41% IRR at consensus metal prices, with a 1.9-year payback.
The study outlines initial capital of $332 million, sustaining capital of $80 million, average annual after-tax revenue of $107 million, and life-of-mine payable silver production of 63.6 million ounces at an all-in sustaining cost of $18.73/oz.
Kootenay Silver (OTCQX:KOOYF, TSXV:KTN) reported an accident involving a contract miner in the F Vein shaft at the Columba silver project on June 11, 2026. The worker has not yet been located. Authorities were notified, an investigation is underway, and all exploration activities have been temporarily suspended.
Kootenay Silver (OTCQX: KOOYF) is advancing exploration at its Columba discovery in Mexico, where a maiden inferred resource of approximately 54 million ounces of silver has been outlined. Ongoing drilling through 2026 aims to grow the resource and support a potential first economic study.
The company expects steady drill results through the year as it targets resource expansion and early-stage economic evaluation.
Kootenay Silver (OTCQX: KOOYF) announced it closed a bought-deal no-warrant financing and says cash, exercised warrants and treasury position should fund operations for the next 18–24 months. The company is expanding Columba drilling to 60,000 m and advancing a La Cigarra PEA expected mid–late Q2 2026. Combined measured + indicated silver is 119.79 Moz with 82.78 Moz inferred; AgEq M+I totals 223 Moz.
Kootenay Silver (OTCQX: KOOYF) reported additional assays from nine holes at the Columba project, including 10.00 m of 503 gpt Ag and 9.88 m of 319 gpt Ag. The staged drill program is ~17,000 m complete of a planned 50,000 m now expanded to 60,000 m, funded by a recently closed financing. Known resource bodies host an inferred MRE of 54.1 Moz Ag at 284 gpt and remain open along strike and at depth.