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Kintavar Exploration Inc.
Summary
| Project: | Mitchi | |
|---|---|---|
| Deposit: | Sherlock | |
| Location: | Canada | |
| Commodities: | Copper-Silver | |
| Date: | 8/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-8-2018: Kintavar Exploration Inc. announces an Exploration/Drilling Update report for its Sherlock deposit at the Mitchi project. Drilling results incl. 83.0m @ 0.42% Cu, 4.52g/t Ag from 18m. Montreal, Quebec, August 30, 2018 – Kintavar Exploration Inc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alain Cayer (Internal) | |
| ABSTRACT: | Montreal, Quebec, August 30, 2018 – Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the first drilling results from the 2018 campaign. The first five (5) drill holes in the Sherlock area have all intersected successfully the mineralized sedimentary unit over tens of meters. The summary of the intersections obtained in these drill holes can be seen in Table 1 and their location is shown in Figure 1. Drill hole MS-18-14 has intersected mineralization in the beginning of the hole over 83 m grading at 0.42% Cu and 4.52 g/t Ag including 0.63% Cu and 7.45 g/t Ag over 34.25 m which is the best intersection to date at the Sherlock showing. The mineralized zone is the extension to the East of the mineralized zones intersected in drill holes MS-17-03 (0.46% Cu and 3.47 g/t Ag over 67.3 m, see press release dated January 31, 2018) and MS-17-08 (0.38% Cu and 3.86 g/t over 56.0 m, see press release dated February 27, 2018) which remains open to the East. The mineralized sedimentary unit in the Sherlock area which represents approximately 40 to 80 m in width is made up of 3 to 4 mineralized and folded marble and calc-silicate units which are tens of meters thick individually. Depending on the folding and the drill hole orientation, the true thickness of the intersections varies within the fertile unit as well as within the same drill hole. Based on the current observations in the drill holes at the Sherlock area, all the holes drilled to the south generally represent true width of approximately 75 to 95% of the mineralized intersection. The recent work in the Elementary showing area, located 3km to the North along strike from the sedimentary units of the Sherlock showing and 5 km to the South-West from the Huard and Sarcelle showings of the Hispana corridor, has identified a zone of marble and calc-silicate units which are mineralized over 35 m. The zone is mineralized in chalcopyrite, bornite and chalcocite and is open in all the directions. Grab samples and channel samples cross cutting the mineralized units have been completed and sent to the lab. | |
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