Soil Geochemistry on Wabash Delineates Stratiform Copper- Silver Anomalies over >7km
NEWS RELEASE
For immediate distribution
Soil Geochemistry on Wabash Delineates Stratiform Copper-
Silver Anomalies over >7km
Montréal, Québec, February 3, 2021 – Kintavar Exploration Inc. (the “Corporation” or “Kintavar”)
(TSX-V: KTR) (FRANKFURT: 58V), is very pleased to announce the results of its geochemical soil
survey that was completed over the Wabash copper-silver property in the fall of 2020.
The main anomaly that connects the Cloutier and the Lapointe areas where most of the work was
completed in the summer and subsequently in November of 2020 , is well over 5km long and is
parallel to the main foliation and stratigraphy. The strongest anomaly in the Lapointe area is 750m
SE of the Kintavar workings which would make this a high priority target area for this summer’s
work program.
The strongest anomaly on the property is in the Richer area where limited historical work was
completed and no work by Kintavar exploration team was completed to date. The Richer anomaly
is approximately 2km long. The area between Lapointe and Richer was not included in the top
priority soil sampling program that was completed in 2020 and therefore will be prior ity sampled
this spring . In addition, three new anomalous areas were identified which will be further
investigated this summer.
Soil geochemistry further demonstrated the best correlations with copper at Wabash are silver
(Ag), bismuth (Bi), manganese (Mn) and to a lesser extent zinc (Zn), lead (Pb) and cobalt (Co), all
typical of a stratiform copper mineralization signature. Based on this detailed geochemical study
and its conclusions, the various soil surveys from the Mitchi project are being re -interpreted in
preparation for the summer work program.
The Corporation is now awaiting the results of the geophysical induced polarization survey (IP),
that was completed only in January, in order to combine it with the geochemical survey results
and would generate high priority targets and additional structural data on the Wabash geology. In
addition, assays are pending for the grab and channel samples from the trenches that were
completed in November 2020. All the data will be used to generate first high priority drilling targets
on the property.
“This thorough soil geochemical survey and data treatment allowed us to get a different
perspective of stratiform units in the Grenville. Our surface exploration footprint for the upcoming
summer program will be more than twice as large as anticipated . Bein g able to compare the
Wabash geochemical signature to that of the world class African stratiform deposits is another
testament to the success of our exploration team . T o do that in the difficult high grade
metamorphic conditions of the Grenville is even mo re impressive. We are looking forward to
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receiving all the remaining results and to proceed with initial drilling and the associated summer
work programs on the Wabash project.” commented Kiril Mugerman, President & CEO of Kintavar
Exploration.
Figure 1: Wabash – geochemical anomalies
About Kintavar Exploration & the Mitchi – Wabash Properties
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 – Wabash copper -silver district (approx. 3 7,000 hectares, 100% owned)
located 100 km north of the town of Mont-Laurier and 15 km East of the town of Parent in Quebec.
Both properties cover an area of more than 300 km2 accessible by a network of logging and gravel
roads with access to hydro-electric power already on site, major regional roads including railroad
and a spur. The propert ies are located in the north -western portion of the central
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metasedimentary belt of the Grenville geological province. The projects primarily focus on
sediment-hosted stratiform copper type mineralization (SSC) but include Iron Oxide Copper Gold
(IOCG) and skarn type targets. 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 and
several early-stage projects that were optioned by Gitennes Exploration.
Kintavar supports local development in the Mitchi-Wabash region where it owns and operates the
Fer à Cheval outfitter (www.feracheval.ca), a profitable cashflow generating operation where it
employs local workforce. It as well works with local First Nations to provide training and
employment.
For further information contact:
Kiril Mugerman, President and CEO
Phone: +1 450 641 5119 #5653
Email: [email protected]
Web: www.kintavar.com
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