Operator: Kootenay Silver Inc.
Metal(s): Silver

 1% NSR on an early stage gold project

Key Facts

Location: Parral Mining District, Chihuahua state, Mexico
Status: Resource-stage
Mine type: Open pit (based on 2015 resource)

Project Highlights

• On trend with top silver producers in the Parral district
• Work underway on an updated geological model for an updated resource.
• Road-accessible project.

Royalties

• 1% NSR on the Parral 2 claim [taken from slide 27 of the deck]

The La Cigarra silver project is located in the state of Chihuahua along the eastern fringes of the Sierra Madre Occidental in north central Mexico; 26 kilometers from the historic silver mining city of Parral. The project is close to power and has good road access, topography and infrastructure.

To date the mineralization at La Cigarra has been traced over approximately 9 km of strike, based on reconnaissance, sampling and drilling. Situated within a robust 3.5 kilometers mineralized trend, the 2.4 kilometers long La Cigarra silver deposit contains a potentially economic open-pittable mineral resource that remains open in all directions.

Utilizing a silver price of $22 per troy ounce and reported at a 35 g/t silver cut-off grade, the NI 43-101 Mineral Resource Estimate comprises 51.5 million ounces of silver in the Measured & Indicated categories grading 86.3 g/t silver and 11.5 million ounces of silver in the Inferred category grading 80.0 g/t silver. The La Cigarra silver deposit also contains appreciable gold, lead and zinc values.

Please refer to the corporate presentation posted on this website for details of the 1% NSR owned by Sailfish on the Parral 2 claim, which surrounds the main La Cigarra claims.

More information on La Cigarra can be found on Kootenay’s website at www.kootenaysilver.com