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Kintavar Announces Summer 2019 Exploration Results

Mining News - Published on Mon, 14 Oct 2019

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Kintavar Exploration Inc announced the first results from its summer 2019 exploration program. Mr Kiril Mugerman President & CEO of Kintavar said that the 1st objective of the summer exploration program has now been achieved. Trenching was successfully used again to extend mineralization on surface to the West and to the East. Further extensions would now have to be investigated by drilling due to proximity to streams and increased overburden. In addition, we were able to identify on surface the northernmost mineralized marble horizon to date, 350 metres north-east of the Sherlock trench. And most significantly we were able to open up the largest trench on the Mitchi project to date that gave us a better understanding of the structural controls on the project. SHK38 trench is an eye opener and really gives an insight into the potential of the Mitchi project targeting the near surface mineralization. The consistent grades within the marbles and the distinct separation of the non mineralized lithologies are a significant advantage in applying selective mining methods to a project such as Mitchi.

The highlights include:
• 5 trenches were on the Sherlock mineralized zone
• Trenching has now expanded the Sherlock mineralization zone on surface by an additional 100 meters of extension to the west and east. The zone can now be followed on surface for nearly 500m
• Sherlock Zone continues to remain open in both directions and at depth
• Channel sampling of the marble horizons carry a copper grade of over 0.5%
• Significant channel samples delivered
o 0.40% Cu and 3.5 g/t Ag over 30.5m; o 0.56% Cu and 5.8 g/t Ag over 10.0m; o 0.56% Cu and 5.4 g/t Ag over 9.0m; and o 0.57% Cu and 7.1 g/t Ag over 5.9m

• 15 Grab samples returned grades between 0.27% Cu and 1.62% Cu
There were 3 main objectives for this exploration program, all focusing on the Sherlock corridor:
• Investigate the surface extensions of the Sherlock mineralization and to improve the geological understanding of the copper system - the current set of results is described below;
• Follow up on the strong soil anomalies in the Elementary region that were discovered in the fall of 2018 and further expand the exploration in that region - several exciting showings were identified in that region during this summer. Results are pending and expected in the coming weeks. The Elementary region represents the second potential large volume region in the Sherlock corridor that the Corporation has identified.
• Continue regional exploration in the Sherlock corridor - main objective is to connect the marble zones and the zones such as Sherlock and Elementary. Numerous new zones were discovered during the summer. Assays are pending and data compilation is ongoing with results expected in the fall.

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Posted By : Rabi Wangkhem on Mon, 14 Oct 2019
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