Kintavar Discovers New Zone North of Sherlock, Intersects 0.61% Copper and 3.76 G/T Silver over 30.0 Metres Within 120.0 Meters Grading at 0.34% Copper and 2,90 G/T Silver ON Mitchi Property; Validates Stratiform Copper Model IN Quebec
NEWS RELEASE
For immediate distribution
KINTAVAR DISCOVERS NEW ZONE NORTH OF SHERLOCK, INTERSECTS 0.61% COPPER AND 3.76 g/t
SILVER OVER 30.0 METRES WITHIN 120.0 METERS GRADING AT 0.34% COPPER AND 2,90 g/t
SILVER ON MITCHI PROPERTY; VALIDATES STRATIFORM COPPER MODEL IN QUEBEC
DDH MS-17-03: 120 m @ 0.34% Cu and 2.90 g/t Ag including 30 m @ 0.61% Cu and 3.76 g/t Ag
DDH MS-17-04: 131 m @ 0.31% Cu and 2.85 g/t Ag including 29.3 m @ 0.52% Cu and 3.53 g/t
Ag
Favourable sedimentary unit intersected by drill holes from surface over 200 m wide, 200 m
long and 175 m vertical depth and remains open to the East, West and at depth.
Several geological and geochemical anomalies to investigate in the extensions of the
sedimentary unit
Detailed geophysical surveys planned over the Watson/Sherlock and Nasigon Areas for the
upcoming months
Montreal, Quebec, January 31, 2018 – Kintavar Exploration Inc. (the “ Corporation” or “Kintavar”)
(TSX-V: KTR), is pleased to announce the assays of the first 4 drill holes from its 2017-2018 winter
drilling program. Twelve diamond drill holes totalling 1,771 m have been realized on the Sherlock
and Watson areas.
The favourable sedimentary u nit has been intersected by 8 diamond drill holes in the Sherlock
area starting from surface and covering over 200 m in width, 200 m in length and 175 m in
vertical depth and the unit remains open to the East, West and at depth (figure 1). The
sedimentary unit is composed of the calcitic marble enriched in phlogopite/biotite which carries
the majority of the copper mineralization and the generally less mineralized calc -silicate units
mainly composed of diopside, phlo gopite/biotite, feldspa r and variable amounts of quartz,
scapolite and wilsonite. These horizons are deformed and folded and the alternating sequence of
marble and calc-silicate units with locally some levels of gneiss, can be well observed in the core
ranging from meters to tens of meters.
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Figure 1: Plan view map showing all the drill holes and the main intercepts from MS-17-01 to MS-
17-04. Full size map can be viewed here.
Copper mineralization observed in the drill holes ranges from trace to 5% in the form of bornite
and chalcopyrite with trace s of chalcocite. Pyrite has been observed only locally with less than
trace and rarely near 1%.
Summary of the main intercepts from the first 4 drill holes is presented in the table below. Drill
holes MS-17-01 and 02 ha ve intersected a folded calc -silicate unit and have been stopped once
they attained their geophysical target s. Drill hole MS -17-03 demonstrated that min eralization
extends farther than expected and as a result the extension of MS-17-01 and 02 is planned for
the next drilling campaign.
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DDH UTM X
N83Z18 UTM Y Azimuth
/Dip
Length
(m) From
(m)
To
(m)
Thickness (1)
(m) Cu % Ag (g/t)
MS-17-01 483667 5252973 N344/
-45 108
2.90 10.00 7.10 0.44% 4.91
MS-17-02 483713 5252980 N344/
-45 72 NSV NSV
MS-17-03 483616 5252953 N344/
-45 143
9.00 129.00 120.00 0.34% 2.90
incl. 21.00 35.50 14.50 0.41% 4.73
and 61.70 129.00 67.30 0.46% 3.47
incl. 99.00 129.00 30.00 0.61% 3.76
incl. 99.00 111.00 12.00 0.71% 4.32
and 117.00 123.00 6.00 0.89% 5.17
MS-17-04 483565 5252920 N344/
-45 180
3.75 21.10 17.35 0.33% 3.63
and 44.00 175.00 131.00 0.31% 2.85
incl. 48.00 59.00 11.00 0.53% 4.81
and 69.00 88.00 19.00 0.51% 6.01
and 124.80 175.00 50.20 0.40% 2.97
incl. 139.70 169.00 29.30 0.52% 3.53
incl. 154.00 168.00 14.00 0.69% 4.77
(1) : True thickness is estimated at 65-80% of the intersected thickness
(2) : NSV - No significant value ( < 0.1% Cu)
Tabe 1: Summary of the main intercepts from MS-17-01 to MS-17-04
The same favorable lithological unit has been intersected at the Watson target in both drill holes.
Assays are pending.
« We are very excited about this discovery . The identification of this new copper mineralized
system within a unique context in Quebec confirm s our field observations. The potential of the
Sherlock/Watson area to host a copper deposit, not to mention of the entire 20 km long
sedimentary basin, from Sherlock to Nasigon, is now cl ear and very promising. The development
of these targets now becomes priority for Kintavar .» comments Alain Cayer, Vice -President
Exploration of Kintavar Exploration.
All samples have been sent and prepared (PREP -31) by ALS Global laboratory in Val -d’Or. The
pulp was sent to ALS Global laboratory in Vancouver for copper assays (CU -ICP61), silver assays
(AG-ICP61) or a multi -elemental analysis by four acid digestion (ME-ICP61) and spectroscopy
(ICP-AES/MS). Sample s with assays higher than 1 0,000 ppm Cu were reanalyzed by atomic
absorption (CU-OG62) at the ALS Global Vancouver laboratory. Quality controls include
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systematic addition of blank samples and certified copper standards to each batch of samples
sent to the laboratory.
About the Mitchi Property
The Mitchi property (approx. 21,000 hectares, 100% owned) is located west of the
Mitchinamecus reservoir, 100 km north of the town of Mont -Laurier. The propert y covers an
area of more than 21 0 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 manganese mineralized showings h ave been identified to date, with many
characteristics suggesting of a sediment -hosted stratiform copper type deposit (SSC) in the
Eastern portion of the property and Iron Oxide Copper Gold ore (IOCG) and skarn type deposits
in the Western portion . Osisko Mining holds a 2% NSR on 39 claims and 1% NSR on 21 other
claims of the Mitchi property.
NI 43‐101 Disclosure
Alain Cayer, P. Geo., MSc., Vice -President Exploration of Kintavar, is the Qualified Person under
NI 43-101 guidelines who supervised an d approved the preparation of the technical information
in this news release.
For further information contact:
Kiril Mugerman,
President and CEO
Telephone: +1 450 641 5119 #5653
Email: [email protected]
Web: www.kintavar.com
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