Key facts
| Company | Kootenay Silver Inc. (TSXV: KTN) |
|---|---|
| Commodity | Silver |
| Location | Canada |
| Stage | Early exploration |
About La Cigarra Silver Project
The La Cigarra silver project is located in the state of Chihuahua in the renowned Parral Mining district in north central Mexico. The project lies in close proximity and on trend to several of the district’s top silver producers, including; the close by San Francisco Del Oro and the Santa Barbara mines, that together have produced over 800 million ounces of silver to date. The project is close to power and has good road access, topography and infrastructure. To date, reconnaissance, sampling and drilling confirm numerous silver occurrences traced over a 9.0 kilometer trend of mineralization. This includes the recent discovery of a substantial new mineralized zone that management believes displays distinct geological characteristics of other major deposits in the region. La Cigarra is a rapidly maturing silver project that already contains a large potential whittle pit constrained mineral resource. La Cigarra’s current NI 43-101 Mineral Resource Estimate comprises 51.57 million ounces
News releases7 on file
Kootenay Welcomes Mark Smith As Technical Advisor For La Cigarra Project Development
Kootenay Silver Inc. (TSXV: KTN) has appointed Mark Smith as a technical advisor to support planning for geotechnical drilling and engineering for the tailings facility in the La Cigarra PEA. The release also reports annual grants of options for 2.2 million shares, at $0.94 per option with a five-year term, and 1.11 million restricted and deferred share units.
ManagementKootenay Silver Files NI 43-101 Technical Report Supporting Positive PEA for the La Cigarra Silver Project
An independent NI 43-101 technical report supporting the Preliminary Economic Assessment for the wholly owned La Cigarra Silver Project near Hidalgo del Parral, Chihuahua State, Mexico has been filed on SEDAR+, with an effective date of January 15, 2026. It was prepared by Sacré-Davey Engineering with contributions from Canenco Consulting Corp., AKF Mining Services Inc., Knight Piésold Consulting
Study resultsKootenay Silver Announces Positive PEA with a US$763 Million After-Tax NPV & 41% IRR for La Cigarra Silver Project
A preliminary economic assessment for the 100%-owned La Cigarra silver project in Chihuahua, Mexico outlines an after-tax NPV (5%) of US$763 million and 41% IRR at consensus prices of US$50.00/oz silver, with a 1.9-year after-tax payback; at spot prices NPV is US$1,295 million and IRR 64%. The 14-year open-pit plan assumes 6,000 t/d throughput, initial capital of US$332 million, sustaining capital
Study resultsKootenay Silver Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$18 Million
A bought deal LIFE private placement closed for gross proceeds of C$18,000,002.25, including full exercise of the over-allotment option, through the sale of 8,000,001 common shares at C$2.25 per share. Red Cloud Securities Inc., as lead underwriter and sole bookrunner, with Research Capital Corporation, received cash fees of C$1,080,000.14 and 480,000 broker warrants exercisable at C$2.25 until Fe
FinancingKootenay Silver Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$10.0 Million
A bought deal LIFE private placement of 4,444,445 common shares at C$2.25 each for gross proceeds of approximately C$10,000,001 has been agreed with Red Cloud Securities Inc. as lead underwriter and sole bookrunner. An over-allotment option covers up to an additional 666,667 shares for up to approximately C$1,500,001. Net proceeds will fund the Columba and La Cigarra silver projects in Mexico plus
FinancingKootenay Silver Announces Upsize of Bought Deal LIFE Private Placement to Gross Proceeds of C$16.5 Million
A previously announced bought deal LIFE private placement has been upsized from gross proceeds of C$10,000,001.25 to C$16,500,001.50, with underwriters led by Red Cloud Securities Inc. purchasing 7,333,334 common shares at C$2.25 per share. An over-allotment option covers up to an additional 666,667 shares for up to C$1,500,000.75. Net proceeds will advance the Columba and La Cigarra silver projec
FinancingKootenay Commissions a Preliminary Economic Assessment on La Cigarra Silver Deposit and Continues to Aggressively Drill Columba
Sacré-Davey Engineering Inc. and Canenco Consulting Corp. have been engaged to complete a Preliminary Economic Assessment on the La Cigarra silver deposit in the Parral Mining District, Chihuahua, Mexico, with delivery expected in the second quarter of 2026. La Cigarra hosts measured and indicated resources of 15.73 Mt grading 102 g/t silver, 0.07 g/t gold, 0.16% lead and 0.21% zinc (51.57 Moz sil
Study results