Mineral exploration and development company Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) this morning issued an update on its exploration activities at the Sully project. Notably, the company has commenced field programs with the arrival of excellent weather conditions, and the project team is currently undertaking a number of activities at the site, including a drill campaign at E1; detailed gravity surveying of E2, E3 and E4; prospecting, mapping and access reconnaissance for planned drilling at E3; and new gravity surveying at the WEST anomaly. To date, the project team has completed three diamond drill holes at E1, two at site E1S and one at E1N, with these ‘proof of concept’ test holes confirming the complex and dissected nature of the E1 anomaly, as well as in other sections of the holes. “The Sully property hosts several compelling large-scale gravity anomalies that require drill testing to properly evaluate their cause,” Brian Jones, principal of Excel Geophysics, noted in this morning’s news release. “Challenges in drill testing the E1 anomaly are a direct result of its now observed structural complexity, both in modeling and in drill core. We believe the E2, E3 and E4 anomalies present better opportunities to discover intact sources of the gravity masses.”
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About Kootenay Zinc Corp.
Kootenay Zinc Corp. is a mineral exploration and development company based in Vancouver, British Columbia that is presently targeting the Sully Property. The Company is focused on discovering large-scale sedimentary-exhalative (“SEDEX”) deposits.
The Sully Property comprises 1,375 hectares located approximately 30 kilometres east of Kimberley, B.C., and overlies rocks of similar age and origin as those which host the world-class Sullivan deposit, owned by Teck Resources Ltd. Sullivan was discovered in 1892, and is known to be one of the largest SEDEX deposits in the world. Over its 100-year lifetime, Sullivan produced approximately 150 million tonnes of ore, including approximately three hundred million ounces of silver, eight million tonnes of zinc and eight million tonnes of lead. The equivalent level of strata as at Sullivan and that formed on the margin of that same basin are present at the Sully Property. The Company cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Sully Property. For more information, visit www.KootenayZinc.com
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