Apr 30, 2025, 11:36 AM
Apr 30, 2025, 11:36 AM

Kootenay Resources reports significant findings from Two Times Fred property

Highlights
  • Kootenay Resources Inc. reports on drilling results from the Two Times Fred property in the Nechako Plateau Region of British Columbia.
  • Drill assays revealed significant gold and silver values, with several high metal content intercepts.
  • The findings indicate promising potential for further exploration and mining opportunities in the area.
Story

In British Columbia, Kootenay Resources Inc. has released a report detailing the results of a $4.0 million drilling campaign conducted on the Two Times Fred property. This work, which commenced in March 2025, included the analysis of drill assays from 41 diamond drill holes, where 35 holes returned notable results, including highs of 10.8 grams per ton (gpt) of gold and 122 gpt of silver. The discoveries highlighted several vein trends, including five principal veins contributing to the geological understanding of the area. The exploration revealed potential strike lengths of these veins extend significantly beyond initial expectations. The North-Northeast trending veins such as the Borrow Pit and Saki Veins indicated striking lengths of over 600 meters in outcrop, with anticipated further extensions based on magnetic trends. The results from the drilling show that while some holes encountered anomalous gold content, extensive mineralization remains untested, pointing towards promising prospects for future exploration. The Shinju and Gold Hill veins displayed significant intercepts, with some holes revealing complexities in vein structures, thus warranting additional investment to clarify the extent of the mineral resources. Various sections reported substantial lengths of mineralization, with multiple intersections revealing gold and silver values that may influence the mining viability of the property. The project exemplifies the effectiveness of Kootenay's exploration strategies, as they have expanded their understanding of the vein systems in play. Continued drilling and exploration in this region may lead to enhanced resource estimation and potentially, as developments unfold, a pathway towards mining operations. Overall, the results from this program not only provide a clearer geological framework but also strengthen the case for ongoing exploration. With 35 of the 41 holes yielding encouraging results, the viability of the Two Times Fred property as a potential mining site is bolstered, opening the door for future investments and exploration activities aimed at extracting the valuable mineral resources found within.

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