For thousands of other reports visit RSC's Mineral Intellingence Map
Kintavar Exploration Inc.
Summary
| Project: | Mitchi | |
|---|---|---|
| Deposit: | Sherlock | |
| Location: | Canada | |
| Commodities: | Copper-Silver | |
| Date: | 2/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-2-2019: Kintavar Exploration Inc. announces an Exploration/Drilling Update report for its Sherlock deposit at the Mitchi project. Drilling results incl. 216m @ 0.20% Cu, 2.1g/t Ag from 19.20m. MONTREAL, Feb. 27, 2019 -- Kintavar Exploration Inc. (the “ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alain Cayer (Internal) | |
| ABSTRACT: | MONTREAL, Feb. 27, 2019 -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the final assay results for the 2018 drilling program on the Mitchi project. The western portion of the Sherlock zone delivered in its objectives to open the mineralization to the West while confirming the presence of all the main mineralized horizons which are tightly stacked, folded and mainly sub-vertical. The mineralized interval of 0.20% Cu over 216m in hole MS-18-46 is the longest on the Mitchi property. "We are very excited with these final results from the 2018 drilling program. We have drilled over 10,000 meters, discovered many new mineralized zones and learned a lot about the geology and the structure of the Mitchi project in the past year. As we advance, the intervals become longer and grades inch higher while the Sherlock zone remains open laterally and at depth. With ongoing metallurgical testing, we are hoping to begin demonstrating some economic potential of the stratiform mineralization of the Mitchi project and what we believe could become a district scale project with the entire sedimentary basin having already been staked by Kintavar and royalty free. We are looking forward to going back in the field in the spring to begin drilling the extensions of the Sherlock zone and continue working on the Conan zone,” comments Kiril Mugerman, President & CEO of Kintavar. The interbedded nature of the sedimentary system and the associated mineralization is put in evidence once again as 5 separate intervals ranging from 4m and up to 17m produced grades ranging from 0.59% Cu and 0.64% Cu. These intervals are very important for the ongoing metallurgical test work including various sorting methods that are often used to upgrade mining ores. If demonstrated to be applicable, it could deliver major advantages that can lower capital costs significantly and reduce the footprint of a mine, which are not applicable in traditional bulk mining copper porphyry deposits. Another important discovery of drill hole MS-18-46 is the marble unit at the end of the hole. This is the northernmost marble unit discovered in the Sherlock zone and although it did not return significant intercepts, copper sulfides were present and increasing over the last 20m of the drill hole which ultimately was stopped due to reaching the drill rig maximum depth capacity. This northern horizon will be investigated in 2019 on surface with trenching and additional drilling. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report