Kintavar Provides Exploration Update on its Wabash Copper-Silver Project - Seite 2

An infographic accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/15308fd0-a278-44ca ...

Geophysical Induced Polarization (IP) survey
An IP survey is planned for November and will cover the majority of the main 2.5km long mineralized corridor. The mineralization observed in both outcrops and the trenches suggests that it is more of a chalcopyrite dominance with lesser amounts of bornite and chalcocite which should respond favorably to the geophysical survey. The objective of the IP survey would be to see the continuity of the mineralized units laterally and most importantly at depth. Although the mineralization starts from surface, the IP survey will be an invaluable tool in identifying new targets and planning the trenching and drilling programs for 2021.

Mitchi-Wabash connection
Both the Wabash and the Mitchi projects are presenting stratiform copper mineralization in sedimentary basins that exhibit similarities but at the same time some important differences such as the copper sulfides distribution, host lithologies and structure of the sedimentary basin are apparent. Field observations at the Wabash project are providing new geological information that will be applied on the Mitchi project during the 2021 exploration program. The characteristic of several targets that were considered low priority on the Mitchi project, are returning very positive results on the Wabash project. As a result, multiple zones that were previously not investigated on Mitchi will be revisited based on the experience gained from Wabash.

NI-43-101 Disclosure

Alain Cayer, P.Geo., MSc., Vice-President Exploration of Kintavar, is Qualified Person under NI 43‐101 guidelines who supervised and approved the preparation of the technical information in this news release. 

About Kintavar Exploration & the Mitchi Property

Kintavar Exploration is a Canadian mineral exploration Corporation engaged in the acquisition, assessment, exploration and development of gold and base metal mineral properties. Its flagship project is the Mitchi property (approx. 30,000 hectares, 100% owned) located west of the Mitchinamecus reservoir, 100 km north of the town of Mont-Laurier. The property covers an area of more than 300 km² accessible by a network of logging and gravel roads with a hydro-electric power substation located 14 km to the east. The property is located in the north-western portion of the central metasedimentary belt of the Grenville geological province. Many gold, copper, silver and/or manganese mineralized showings have been identified to date, with many characteristics suggesting of a sediment-hosted stratiform copper type mineralization (SSC) in the Eastern portion of the property and Iron Oxide Copper Gold (IOCG) and skarn type mineralization in the Western portion. Osisko holds a 2% NSR on 27 claims of the southern portion of the Mitchi property, outside of the sedimentary basin. Kintavar also has exposure in the gold greenstones of Quebec by advancing the Anik Gold Project in a partnership with IAMGOLD.