Business
Kintavar Exploration Inc. Confirms Near Surface Mineralization at the Conan Zone; Identifies a Large Copper Soil Anomaly in the Area
MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V) is pleased to announce dri
About this update from Auriginal Mining Corp.
[{"type":"text","content":" MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V) is pleased to announce drilling, geochemical and geophysical results for the Conan zone. The Conan zone is located in the North-Western part of the Sherlock corridor where the main Sherlock zone is being explored. The Conan zone was originally discovered in 2018 by following historical soil anomalies and now has been confirmed by drilling. Drill holes MS-18-43 and MS-18-44 intersected the mineralized horizon that was discovered on surface (0.48% Cu over 12.1m, see press release October 15, 2018) and returned assays of 0.33% Cu over 10m and 0.21% Cu over 17.25m respectively. Further drill results from Sherlock area are pending and expected shortly. Additional geophysical survey (induced polarization) in fall 2018 in the Conan area identified a large region of favorable stratigraphy over 1.5km long and 200m wide which has now been confirmed with the recent drilling to host mineralization both at surface and at depth. The soil geochemistry survey conducted late in 2018 then identified a large soil anomaly in the northern portion which is similar in size and strength to the original soil anomaly that lead to the discovery of the Sherlock zone in 2017 (Figure 1). \"The Conan zone has now become a high priority target with strong potential to identify another zone that shows similar stacking of mineralized horizons to that identified in the main Sherlock zone. The structure, soil anomalies, mineralized boulders on surface, the proximity to the Sherlock zone and now confirmation by drilling gives us all the indicators needed to conduct a detailed surface exploration program in that area in 2019. Furthermore, the success of our trenching and follow up by drilling demonstrates again the presence of mineralization from surface and the efficiency of our exploration approach,” comments Kiril Mugerman, President & CEO of Kintavar. Figure 1: Plan view showing the Conan zone and the Sherlock zone with soil anomalies Drillhole UTM X N83Z18 UTM Y Azimut / Dip Length (m) From (m) To (m) Thickness(1) (m) Cu % Ag (g/t) MS-18-43 483070 5255509 N330 / -45 165 3.75 13.75 10.00 0.33 3.3 incl 8.70 12.00 3.30 0.52 4.5 MS-18-44 483050 5255460 N330 / -45 60 4.45 21.70 17.25 0.21 1.7 incl 4.45 15.40 ...