Kintavar Exploration Samples up to 4.27% Copper at Mitchi Property

About this update from Auriginal Mining Corp.

[{"type":"text","content":"MONTREAL, QUEBEC--(Marketwired - Nov. 29, 2017) - Kintavar Exploration Inc. (the \"Corporation\" or \"Kintavar\") (TSX VENTURE:KTR), is pleased to announce assays from channel sampling at the Nasigon showing on the Mitchi property in Quebec. In addition, the Corporation announces the second closing in Trust of a non-brokered private placement offering (the \"Private Placement\"), consisting of 769,000 shares, issued on a flow through basis, at a price of $0.14 per share. This brings the aggregate gross proceeds of the Private Placement to $489,270. The Corporation has applied to the TSX Venture Exchange (the \"Exchange\") to extend the closing date for the balance of its Private Placement until December 29, 2017 and to increase the size of the Private Placement with the same terms to up to 4,545,454 units and 5,357,142 common shares on a Flow Through shares for aggregate gross proceeds of up to $1,250,000. The extension and the increased amount are subject to conditional approval of the Exchange. The Company will use the proceeds of the Private Placement for the upcoming drilling program on the Mitchi property and for working capital purposes. The shares acquired by the subscribers are subject to a hold period of four months plus one day from the closing date, ending on March 29, 2018, except as permitted by applicable securities legislation and the rules of TSX Venture Exchange. In connection with this Private Placement, the Corporation has paid a cash finder's fee in an amount of $7,536 and issued 53,830 non-transferable finder's options to acquire such number of common shares at a price of $0.14, exercisable for a period of twenty four (24) months and subject to a hold period of four months plus one day from the closing date. Nasigon Corridor Work on the Nasigon showing in late October allowed to complete the channel sampling on the trench and a short regional overview of the area. The continuous channel sample returned assays of 1.10% Cu and 3.4 g/t Ag over 10.0 m (1.13% CuEq) including 1.74% Cu and 5.7 g/t Ag over 4.0 m (1.79% CuEq). Grab samples 100 m south of Nasigon returned grades as high as 4.27% Cu and 14.4 g/t Ag suggesting extension of the mineralization to the south west. The table below summarizes the best grades from the grab samples. The mineralization is associated with the same lithologies identified in t...

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