Kintavar Drills 206.3 Meters of Copper Mineralization (0.18% Cu & 1.65 G/T AG) with TWO Main Zones of 21.9m of 0.52% Cu & 5.62 G/T AG and 16.5m of 0.50% Cu & 4.30 G/T AG
NEWS RELEASE
For immediate distribution
KINTAVAR DRILLS 206.3 METERS OF COPPER MINERALIZATION (0.18% Cu & 1.65 g/t Ag) WITH
TWO MAIN ZONES OF 21.9m OF 0.52% Cu & 5.62 g/t Ag AND 16.5m OF 0.50% Cu & 4.30 g/t Ag
DDH MS-17-08: 206.3m grading 0.18% Cu and 1.65 g/t Ag including 21.9m of 0.52% Cu
and 16.5m of 0.50% Cu
In total, 4 out of 12 drill holes intersected over 100m of copper mineralization
Mineralization starts from surface and remains open to the East, West and at depth
Maximum thickness of the mineralized strata affected by folding is yet to be drilled
Total current extent of the mineralized area is approximately 800m long
Detailed IP surveys began in February in preparation for the summer drilling program
Kintavar will be at the PDAC from March 4 to 7 at booth #2642
Montreal, Quebec, February 27, 2018 – Kintavar Exploration Inc. (the “Corporation” or “Kintavar”)
(TSX-V: KTR) (FRANKFURT: 58V), is please d to announce the results from the remaining 8 drill
holes from the maiden drilling program on the Mitchi project, Sherlock and Watson sector.
The assays and the intersected lithologies continue to validate the field observations and
interpretation of the folded stratiform copper model and are beginning to provide more detail
about the geometry of the folding which is expected to play an important role in the thickness of
the mineralized unit.
Drill hole MS-17-08 was drilled 50m behind of MS-17-03 that returned grades of 120m @ 0.34%
Cu and 2.90 g/t Ag . The entire drill hole (285m) intersected the favorable lithologies of the
mineralized glimmeritized calcitic marble and the less mineralized calc -silicate unit. The
mineralization start s from surface for a total of 206.3m grading 0.18% Cu and 1.65 g/t Ag ,
including two zones of 21.9m and 16.5m grading 0.52% Cu and 0.50% Cu respectively. Detailed
intersection highlights are presented in Table 1 and the cross section 4+00E (see A-B on Figure 2)
for drill holes MS-17-03, 08 and MS-18-09 is presented in Figure 1.
DDH UTM X
N83Z18 UTM Y Azimuth
/Dip
Length
(m) From To Thickness(1) Cu (%) Ag (g/t)
MS-17-05 483590 5252861 N340/-45 123 79.0 104.0 25.0 0.11% 0.86
incl. 92.2 104.0 11.8 0.19% 1.54
MS-17-06 483490 5252842 N350/-45 138 NSV NSV
MS-17-07 483460 5252919 N350/-45 210 33.4 44.0 10.6 0.13% 0.80
and 91.6 196.0 104.4 0.12% 0.85
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DDH UTM X
N83Z18 UTM Y Azimuth
/Dip
Length
(m) From To Thickness(1) Cu (%) Ag (g/t)
incl. 91.6 113.0 21.4 0.32% 2.65
MS-17-08 483630 5252908 N345/-45 285
3.9 210.2 206.3 0.18% 1.65
incl. 41.5 97.5 56.0 0.38% 3.86
incl. 42.6 64.5 21.9 0.52% 5.62
AND 144.65 179.4 34.75 0.27% 2.40
incl. 144.65 160.8 16.15 0.50% 4.30
MS-18-09 483547 5253198 N160/-45 201
138.2 187.0 48.8 0.12% NSV
incl. 163.2 173.5 10.3 0.42% 2.02
MS-18-10 483515 5252833 N160/-45 126 NSV NSV
MS-18-11 483141 5253097 N260/-45 117 9.0 23.2 14.2 0.22% 2.40
MS-18-12 483086 5253103 N130/-45 77 NSV NSV
(1) : True thickness is estimated at 65-80% of the intersected thickness
(2) : NSV = No significant value (<0.1% Cu or <1 g/t Ag)
Table 1: Summary of the main intercepts from MS-17-05 to MS-18-12
Drill holes MS -17-05 and MS -18-09 were targeted to define the northern and the southern
boundaries of the favorable sedimentary lithological packages while MS-17-07 was testing the
extension of the favourable lithologies to the west towards the Watson showing. All three drill
holes achieved their objectives and inte rcepted copper mineralization in the glimmeritized
marble units.
The objective of drill holes MS -18-11 and MS -18-12 was to better understand the particular
structural orientation of the Watson showing and to test for mineralized units. Both objectives
were achieved with MS -18-11 intercepting copper mineralization in the marble unit from
surface.
All the mineralized drill holes suggest that the mineralized sedimentary strata continue at depth
and remains open to the East and to the West of the investigate d area. In addition, the cross -
section interpretation suggests that the maximum thickness of the mineralized strata affected by
folding has not been drilled yet. The total extent of the mineralized area that is being currently
investigated at Sherlock and Watson based on this drilling program, geophysics and surface work
is approximately 800m long.
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Figure 1: Cross section 4+00E showing drill holes MS-17-03, 08 and MS -18-09. Full size map can
be viewed here.
“The initial drilling program on the Sherlock and Watson area was a major success. Not only that
we were able to intersect over 100m of copper mineralization in four of the twelve drill holes,
but we were able to validat e at depth the folded stratiform copper model and get a better
understanding of the structural geology of the mineralized strata. We are now starting several
geophysical programs on both the Sherlock and Nasigon corridors in order to have both areas
ready for drilling as early as possible. Stratiform copper deposits are usually known for their
continuity and predictability and to date, even with the Grenville deformation we are still seeing
that the mineralization is continuous. With the knowledge we gained from this initial drilling
program and the information we will get from the ongoing geophysical surveys, this summer’s
drilling program should be very exciting as we will be focusing on better defining the mineralized
areas, extending them and defining th em in new areas of the property.” comments Kiril
Mugerman, President & CEO of Kintavar.
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Figure 2: Plan view of the winter 2017-2018 drilling program. Full size map can be viewed here.
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
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. 28,000 hectares, 100% owned) is located west of the
Mitchinamecus reservoir, 100 km north of the town of Mont -Laurier. The property covers an
area of more than 2 80 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 have been identified to date, with many
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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 holds a 2% NSR on 39 claims of the southern portion of the Mitchi
property, outside of the sedimentary basin.
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.
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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