Kootenay Resources Reports Project Update for Moyie Project
VANCOUVER, BC / ACCESS Newswire / June 4, 2025 / Kootenay Resources Inc. (TSXV:KTRI) (the 'Company' or 'Kootenay') is pleased to provide an update on The Moyie Anticline Project, an early-stage exploration project south of Cranbrook B.C. Part of the Company's objective for the discovery of Tier One deposits, Moyie Anticline represents one of the most compelling district-scale exploration plays in the Belt-Purcell Basin with a combined total area of 33,932.29 hectares.
The consolidated land package covers a major portion of the Moyie Anticline structural corridor - a fertile setting for multiple deposit types including Sullivan-style SEDEX, Revett-type sediment-hosted copper-silver, and Coeur d'Alene-style silver-rich vein systems. Historic and modern data sets, including recently acquired MT and ZTEM geophysics, support the presence of several large-scale mineralizing systems. This is the first time these targets are being systematically evaluated under a unified exploration model, creating a rare opportunity for multiple discoveries.
The project benefits from exceptional infrastructure: all-season roads, power access, and proximity to processing facilities. With $1.7M+ in historical work and a pipeline of clearly defined and geophysically supported targets, the Moyie Anticline contains;
Exploration Target Styles
Target Areas
Next Steps
Background
Kootenay Resources Inc's stated mission is the discovery of a Tier One deposit and as such focuses on those areas with demonstrated geologic potential for such deposits. The Company is exploring its flagship Moyie Anticline property in southern British Columbia and on its generative program including several promising gold-silver-copper properties in the Nechako plateau of central British Columbia. Kootenay Resources Inc. welcomes partners for exploration projects and currently has one mineral property under option to Centerra Gold (KB) Inc., and three projects under option to fellow junior exploration company Rokmaster Resources Corp.
Qualified Persons
The Company's technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf of Kootenay by Dale Brittliffe, P.Geo, V.P. Exploration for Kootenay, a Qualified Person.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Kootenay Resources Inc.
Kootenay is an exploration company actively engaged in the exploration and discovery mineral projects in British Columbia, Canada. The Company was formed as a spin-out of Kootenay Silver Inc in which prospective Canadian assets were transferred to Kootenay Resources Inc. The transaction was completed in October of 2021, Kootenay Silver currently holds 5.4 million common shares of Kootenay.
On behalf of the board of directors of the Company:
James McDonald,
Director
For additional information, please contact:
James McDonald, Director at 403-880-6016
Raj Kang, Director at 604-601-5650
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
The information in this news release has been prepared as at June 3, 2025. Certain statements in this news release, referred to herein as 'forward-looking statements', constitute 'forward-looking statements' under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as 'expected', 'may', 'will' or similar terms.
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay's expectations or any change in events, conditions or circumstances on which any such statement is based.
SOURCE: Kootenay Resources Inc.
press release
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
36 minutes ago
- Yahoo
USDA redaction of trade analysis causes concern about report integrity
By Julie Ingwersen and Leah Douglas CHICAGO/WASHINGTON (Reuters) - Analysts voiced concerns this week about the integrity of U.S. Department of Agriculture reports after the agency delayed a report and excluded findings that point to tariffs as a reason for a forecasted increase in the agricultural trade deficit, according to Reuters interviews with four analysts. The administration of President Donald Trump has pledged to shrink the farm trade deficit and has said tariffs will strengthen the farm economy, but farm groups have been critical of the approach. The agency's delay of a quarterly agricultural trade report and exclusion of its typical explanatory text were concerning because the moves raised questions about the objectivity of the data, two analysts said. "The trade is uneasy about USDA statistics now," said Charlie Sernatinger, head of grains with Marex, a brokerage and financial services company. A USDA spokesperson said the report was delayed by an internal review. "The report was hung up in internal clearance process and was not finalized in time for its typical deadline. Given this report is not statutory as with many other reports USDA does, the department is undergoing a review of all of its non-statutory reports, including this one, to determine next steps," the spokesperson said. The quarterly trade outlook report jointly published by the USDA's Economic Research Service and Foreign Agricultural Service was scheduled to be released on May 29. Shortly before it was set to publish, its authors were told to stop its release, according to a source familiar with the situation. The authors were then questioned by leaders at the ERS, FAS and USDA Office of the Chief Economist about the report's attribution of the growing agriculture trade deficit to tariffs and sentiments like "Buy Canadian" that have reduced demand for U.S. goods, the source said. In the delayed report released on Monday, the USDA raised its forecast of the U.S. agriculture trade deficit for fiscal-year 2025 to $49.5 billion, from the $49 billion it previously forecast in February. The version of the report published on Monday contains correct and unaltered data, the source said, but excludes explanatory text typically contained in the forecasts. The report delay and redaction were first reported by Politico. Such trade reports would typically be reviewed by communications and policy staff, but the removal of the explanatory text was highly unusual, according to a second source familiar with the report publication process. Two other analysts said they were confident in the USDA data for now, but expressed concern about how Trump's disruption of the federal government could affect future reports. "Departures of key personnel limit the ability of agencies to collect and analyze information," said Patrick Westhoff, director of the Food and Agricultural Policy Research Institute at the University of Missouri. The USDA has lost about 27% of ERS employees and 14% of FAS employees to terminations or voluntary incentives to leave the agency as the Trump administration works to reduce the size and cost of the federal government, according to Reuters reporting. The U.S. had an agricultural trade surplus for decades but in recent years, imports of high-value goods like alcohol, fruits and vegetables have driven a growing deficit, according to USDA data. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Yahoo
an hour ago
- Yahoo
Insider buying of Canadian oil and gas stocks at 'some of highest levels we've seen' in 5 years: BMO
Insider stock buying among executives at Canadian oil and gas companies is near five-year highs, according to a BMO Capital Markets analyst who tallied up $54 million in open-market purchases in the 90 days since March 1. Canadian oil and gas stocks have been a rollercoaster ride for investors over the past three months. U.S. President Donald Trump's trade tariffs created unprecedented uncertainty for the industry, which relies on America as its top buyer of crude. At the same time, fears of a weaker economy due to global trade are weighing on forecasts for demand. BMO analyst Jeremy McCrea says $54 million in purchases over 90 days represents 'some of the highest levels we've seen over the past five years,' while demonstrating confidence for stocks at current prices. BMO says Canadian oil and gas company insiders purchased $12 million and $20 million worth of stock, respectively, in the same periods in 2024 and 2023. 'Although there are many reasons why insiders sell (tax implications, restricted stock units, etc.), there is one reason they buy,' McCrea wrote in a note to clients on Wednesday. 'That in turn should help build investor confidence, especially as it relates to investing alongside management, and ultimately, reassurance that there are no 'skeletons in the closet.'' He found the largest purchases by CEOs were from the top executives at PrairieSky Royalty ( Whitecap Resources ( and Tourmaline Oil ( 'The CEO of PrairieSky made one of his largest purchases within the sector, buying 72,000 shares or $1.68 million worth of stock at an average price of about $23.40 per share,' McCrea wrote. 'With the stock trading slightly below that price today, it grants investors the rare opportunity to come in alongside the CEO." According to BMO, Tourmaline CEO Mike Rose recently purchased about $2.21 million worth of his company's stock at an average price of about $63, and has been a regular buyer over the last several years. Whitecap CEO Grant B. Fagerheim reportedly added $1.34 million worth of his company's stock in the last week, following the close of the company's merger with Veren. 'This would also be one of the larger quarterly purchases made by Grant Fagerheim in his role as CEO of Whitecap,' McCrea wrote. Fagerheim has been CEO since 2009. In terms of total buying from insiders, BMO says Obsidian Energy ( ($16.8 million), Peyto Exploration & Development ( ($10.1 million), and Strathcona Resources ( ($7.2 million) were the top companies included in its analysis. Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android.
Yahoo
an hour ago
- Yahoo
Draganfly Announces Additional Exercise Of Over-Allotment Option
Saskatoon, SK., June 06, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ('Draganfly' or the 'Company'), a drone solutions, and systems developer, today announced that further to the closing of the Company's US$3.6 million underwritten public offering on May 5, 2025 (the 'Offering'), Maxim Group LLC, as underwriter and sole book-running manager, has partially exercised their over-allotment option to purchase an additional 100,000 common shares at the price of US$2.09 per share for aggregate gross proceeds of US$209,000 prior to deducting underwriter discounts and commissions. As previously announced, Draganfly intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company's core products, potential acquisitions and research and development. The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission ('SEC') on July 5, 2023 and the Company's Canadian short form base shelf prospectus dated June 30, 2023 (the 'Base Shelf Prospectus'). Draganfly offered and sold the securities in the United States only. No securities were offered or sold to Canadian purchasers. A final prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof has been filed with the applicable securities commissions in the Canadian provinces of British Columbia, Saskatchewan and Ontario, and with the SEC in the United States and is available for free by visiting the Company's profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at or the SEC's website at as applicable. Copies of the final prospectus supplements and accompanying Base Shelf Prospectus relating to the Offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@ This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Draganfly Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives. Media Contactmedia@ Company ContactEmail: info@ Forward Looking Statements Certain statements contained in this news release may constitute 'forward-looking statements' or 'forward-looking information' within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds of the Offering. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws. Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly's continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at and on EDGAR at