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March 28, 2024

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Kootenay Zinc (ZNK.C) provides geophysical update on Sully project

Kootenay Zinc (ZNK.C) had some important news today regarding its exploration efforts at its Sully Project located 30 kilometres away from the legendary Teck’s Sullivan Mine which worked for over a century, pumping out 16 million tonnes of lead and zinc.

According to the news release, the Sully project team had recently completed an initial review of ground MAG and gravity data recently.

The company has already announced that the property contains Sullivan-size gravity masses and followed that up with by stating interpretation of the latest data gathered suggests that the E1 target is more complex than previously thought.

New modeling will determine the layout of holes for the next phase of drilling.

Kootenay has recently added 31 new gravity stations over the E1 anomaly and initial interpretation of the E1 target using the updated dataset shows the mass clearly indicates an easterly segment aeound mid-strike length, revealing a degree of complexity not previously discovered.

Brian Jones, P. Geo., Excel Geophysics, commented, “Why and how these significant MAG and gravity anomalies relate to each other is still under review, but these are exciting results. Use of both gravity and magnetic geophysical methods will be important for effective targeting at Sully.”

Weather is presenting a challenge as the company is waiting for spring breakup conditions to improve before launching the next round of drilling.  Snow and temperature conditions have created an extraordinarily wet ground situation. The company is currently planning to mobilize a drill to the site in late April 2017.

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