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Kintavar Exploration: Wabash Copper Project Exploration Update – Start of Summer Drilling Program and $176,000 Non-Dilutive Funding for Metallurgical and Sorting Studies
MONTREAL, July 28, 2022 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR), is pleased to announce the start of a mini
About this update from Auriginal Mining Corp.
[{"type":"text","content":" MONTREAL, July 28, 2022 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR), is pleased to announce the start of a minimum 1,500m drilling program at the Wabash Copper project, an exploration update on the MLI corridor and a grant of $176,987 as a funding contribution from the Ministère de l’Énergie et des Ressources Naturelles (“MERN”) of Quebec for a metallurgical and sorting study on the Wabash ore. Exploration Program As previously indicated, the MLI corridor returned the best drilling results from the property to date (hole WAB-21-21 - 1.01% Cu & 19.3 g/t Ag over 16.8m, see March 24, 2022 press release for details) and an Induced Polarization (IP) survey was completed earlier this summer over the corridor. The results from the IP survey provided several important anomalies and as well highlighted the zone that had been identified in earlier drilling. A geophysical interpretation using various datasets combined with geological mapping and drilling results, allowed the exploration team to highlight a mineralized corridor that extends over 500m and potentially several kilometers. The width of that corridor is estimated at 100m where the favorable mineralized horizons are present. The 2022 surface exploration program then successfully located the mineralization from the WAB-21 drillhole on surface and was able to extend it laterally in NE-SW directions through trenching. The identification of these units on surface and in drilling followed by additional structural mapping allowed us to better understand the geometry of these horizons which are part of a large regional fold system. Copper mineralization is identical to that observed in drilling in the form of bornite, chalcocite and chalcopyrite. Zinc (sphalerite) and lead mineralization (galena, one of the marker minerals), were identified in the horizons as well. Based on these results, a drilling program for a minimum of 1,500m has been planned and will start in the coming days. The objectives of the drilling program are to intersect the mineralized horizons at various depths and laterally within the MLI corridor. Metallurgical and Sorting Studies of Wabash Ore The project will be conducted under the “Program to support the exploration of critical and strategic minerals in Quebec” offered by the MERN. The approximately 12-month pr...