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Kintavar Exploration Intersects 0.63% Cu, 7 g/t Ag over 20.15m in Sherlock Zone; IAMGOLD Begins Drilling Program on Anik
MONTREAL, March 03, 2023 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR), is pleased to announce the remaining resu
About this update from Auriginal Mining Corp.
[{"type":"text","content":" MONTREAL, March 03, 2023 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR), is pleased to announce the remaining results from the infill drilling at the Mitchi project, Sherlock zone, that was completed in December 2022. The results include 8 drill holes that were targeting the Eastern and Southern portion of the open pit shell target, or the shallow portion of the mineralization. In addition, the Corporation announces the beginning of winter drilling by IAMGOLD Corporation (IAMGOLD) on the Anik Gold Project. The second half of the drilling program focused on infill in the Southern portion where the mineralization starts from surface. All the six holes in that portion successfully intersected the targeted mineralization. All the drill holes intersected multiple horizons of this mineralization and the combined thickness in these horizons often adds up to over 35m. Figure 1 presents some of the highlight intersections per each hole. In addition, two drill holes (MS-22-102 and MS-22-103) targeted to extend the North-Eastern limits of the open pit shell target. Both holes successfully extended the mineralization with MS-22-103 intersecting 0.63% Cu, 7.0 g/t Ag over 20.15m. Figure 3 shows the 425E cross section with these results. “The 2022 fall/winter drilling program on Sherlock was very short but very successful. We managed to infill the main zones to allows us to produce the first resource estimate on the Sherlock zone while extending the mineralization to the North at depth and to the East from surface. The geological and structural understanding improved and we are now planning the next stages of exploration and development of the Mitchi-Wabash district as a hub and spokes mining model,” commented Kiril Mugerman, President & CEO of Kintavar Exploration. In addition, Kintavar is very pleased to announce that IAMGOLD has begun its winter drilling program on the Anik Gold Project in the Chapais-Chibougamau region of Quebec. The Project has been optioned out to IAMGOLD (see press release May 28, 2020) where it can earn in up to 80% interest. Following the successful drilling program in 2022 and another summer exploration program on the Project, three main areas of high potential are being evaluated with this drilling program: Opawica West, Bobby South and Dantin (See Figure 3). A prog...