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Kootenay Silver Orders La Cigarra PEA and Ramps Up Drilling at Columba

Story Highlights
  • Kootenay Silver hired Sacré-Davey and Canenco to complete a PEA for its La Cigarra silver deposit by the second quarter of 2026.
  • The company is drilling 50,000 metres at Columba to expand its silver resource toward 100 million ounces and solidify its developer status.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kootenay Silver Orders La Cigarra PEA and Ramps Up Drilling at Columba

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Kootenay Silver ( (TSE:KTN) ) has provided an update.

Kootenay Silver has commissioned engineering firms Sacré-Davey Engineering and Canenco Consulting to complete a Preliminary Economic Assessment for its La Cigarra silver deposit in Mexico’s Parral mining district, with delivery expected in the second quarter of 2026. The company is simultaneously running an aggressive 50,000-metre drilling campaign at its Columba project, aiming to nearly double its maiden resource from 54 million to 100 million ounces of silver, and positioning itself to emerge from 2026 as a silver developer with multiple NI 43-101 compliant deposits and advanced engineering studies supporting a potential development pipeline.

The most recent analyst rating on (TSE:KTN) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Kootenay Silver stock, see the TSE:KTN Stock Forecast page.

Spark’s Take on TSE:KTN Stock

According to Spark, TipRanks’ AI Analyst, TSE:KTN is a Neutral.

The score is held back mainly by weak financial performance (no revenue, ongoing losses, and worsening free cash flow burn), partially offset by strong technical momentum and a positive exploration catalyst from recent drilling results. Valuation is also constrained by negative earnings and no stated dividend support.

To see Spark’s full report on TSE:KTN stock, click here.

More about Kootenay Silver

Kootenay Silver Inc. is a Mexico-focused silver exploration and development company listed on the TSX Venture Exchange and OTCQX, targeting large, high-grade silver resources across multiple deposits. Its portfolio includes the La Cigarra, Promontorio, La Negra and Columba projects, with a strategy to advance these assets toward development in the context of strong silver prices and growing industrial demand.

Average Trading Volume: 446,833

Technical Sentiment Signal: Buy

Current Market Cap: C$202M

For a thorough assessment of KTN stock, go to TipRanks’ Stock Analysis page.

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