InvestmentPitch Media Video Discusses Kintavar Exploration’s Drilling Program on the Wabash Project in Quebec where Surface Channel Samples Returned 0.71% Cu, 30.1 g/t Ag, 0.23% Pb and 0.16% Zn over 12.7m
24 August 2022 - 7:54PM
Kintavar Exploration Inc. (TSXV:KTR) completed the summer drilling
program on the MLI corridor and released additional results from
its surface exploration program on the Wabash project. Its 100%
owned flagship project, the Mitchi–Wabash copper-silver district,
is located 100 km north of the town of Mont-Laurier and 15 km East
of the town of Parent in Quebec.
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Both properties, which cover an area of more than
300 square kilometres, are accessible by a network of logging and
gravel roads with access to hydro-electric power already on site,
major regional roads including railroad and a spur.
A 1,502 metre, 12 holes drill program was
completed on the 1.5 kilometre long MLI corridor. The objective of
the program was to target the high-grade mineralized horizon that
was observed in hole WAB-21-21, which on March 24th reported 1.01%
copper and 19.3 grams per tonne silver over 16.8 metres, and to
better understand the stratigraphic sequence along this
corridor.
Lara West and Lara South trenches exposed the
high-grade units on surface with a channel intersection of 12.7m
with 0.71% Cu, 30.1 g/t Ag, 0.23% Pb and 0.16% Zn on Lara West,
including an interval of 1.21% Cu, 42.0 g/t Ag and 0.19% Pb over
6.65m. Other high grade grab samples from both trenches included up
to 2.9% Cu, 170 g/t Ag, 1.78% Pb, 0.33% Zn and 0.11 g/t Au.
The team mostly focused on the large soil anomaly
to the South-East of the MLI corridor and it successfully
identified both mineralized outcrops and boulders. Some of the best
results gave up to 4.79% Cu, 13.4 g/t Ag, 0.29 g/t Au and 0.12 g/t
Co, while some assays are still pending.
Other regional targeting programs are continuing
throughout the summer and fall to try to identify other corridors
similar to MLI.
Kiril Mugerman, President & CEO, stated: “The
MLI corridor was a priority target for this summer, and it has
delivered. The stratiform sediment hosted mineralization was
successfully traced for over 1km in the most recent drill holes
confirming our interpretation. The assays from this program will
help us better plan the follow up infill drilling on the MLI
corridor as we keep advancing throughout the entire unit. Once we
receive these results we will start planning the next drilling
program which will most likely take place this fall or winter.”
Kintavar supports local development in the
Mitchi-Wabash region where it owns and operates the Fer à Cheval
outfitter (www.feracheval.ca), a profitable and cashflow generating
operation where it employs local workforce. The company also works
with local First Nations to provide training and employment.
Kintavar also has exposure in the gold greenstones
of Quebec by advancing the Anik Gold Project in a partnership with
IAMGOLD and several early-stage projects that were optioned by
Gitennes Exploration.
The shares are trading at $0.07. For more
information, please visit the company’s website, www.kintavar.com,
contact Kiril Mugerman, President and CEO, at 450-641-5119 ext
5653, or email kmugerman@kintavar.com.
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