Kootenay Silver’s La Cigarra Project Enters a New Growth Phase | Jim McDonald

Kootenay Silver (TSXV: KTN; OTCQX: KOOYF) President and CEO Jim McDonald joins Kitco Mining’s Kitco Spotlight with Jeremy Szafron to discuss the company’s June 15, 2026 preliminary economic assessment for its 100%-owned La Cigarra silver project in Chihuahua, Mexico.The study outlines a 14-year open-pit project with a $763 million after-tax NPV, 41% after-tax IRR, $332 million in initial capital, and a 1.9-year payback. McDonald said the PEA marks a major shift for Kootenay, stating that it is “transitioning us from explorer into a developer.”McDonald also discusses the potential upside at spot silver prices, where La Cigarra’s after-tax NPV rises to $1.295 billion and its IRR increases to 64%. He also outlines the next phase of drilling at La Cigarra and Columba, the project’s position in Mexico’s Parral mining district, potential strategic options, and why he believes silver has entered a multi-year bull market.Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.To learn more about Kootenay Silver, visit: https://kootenaysilver.com/Sponsored content. This video was produced with support from a Kitco sponsor. Kitco does not endorse or recommend any company, security, investment product, or investment strategy. This content is for informational purposes only and should not be considered investment advice.00:28 - La Cigarra PEA Highlights01:47 - Kootenay Silver’s Shift to Developer03:13 - Parral District Infrastructure and Development Options04:34 - Silver Price Leverage and Spot-Price Upside06:04 - Funding Path and Next Development Steps09:06 - La Cigarra Gap Zone Drill Upside10:10 - Columba 60,000-Meter Drill Strategy12:14 - Kootenay’s Mexico Silver Project Pipeline14:00 - Mexico Risk, Permitting, and Chihuahua Mining15:38 - Silver M&A and Producer Interest17:43 - Jim McDonald’s Silver Bull Market Outlook19:42 - Silver Cycle Perspective and Capital Flows__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.