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Kintavar intersects 0.53% Cu over 53m from 19m; Sub-horizontal model confirmed
MONTREAL, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce in
About this update from Auriginal Mining Corp.
[{"type":"text","content":" MONTREAL, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce initial results from the drilling program that started in November 2019 and is continuing into 2020. Over 3,900 meters have been drilled and many more assays are forthcoming. The main objectives of the program were to test the sub-horizontal mineralized model of the Sherlock sector and to investigate the new mineralized zones such as trench SHK34, Conan and Elementary. Highlights: MS-19-51: 40.15m @ 0.44% Cu & 4.3 Ag g/t starting from surface MS-19-52: 53.0m @ 0.53% Cu & 4.9 Ag g/t starting from 19m Sub-horizontal, lightly dipping stacked mineralized zones confirmed Open at depth to the North, East and West Sharp contacts of the mineralized zones allow for easy selection of the units Clear definition of high grade units that can be treated with floatation versus units that will need to be treated with sorting equipment “We are very excited to see these first results which confirm our interpretation. The units are now better defined with higher grade and very clear boundaries which would make for easier modeling. The way the mineralization is hosted within the marble units is now much more evident and clearly demonstrates the advantages of shallow mineralization model we have at Mitchi versus a traditional porphyry. Shallow open pit deposits with selective mining have significantly lower capital cost requirements in comparison to the bulk tonnage porphyry deposits. We are looking forward to more results from this ongoing drilling program over the coming months.” comments Kiril Mugerman, President & CEO of Kintavar. Sherlock Zone The first six drill holes of the program were performed between the Sherlock trench to the West and the SHK38 trench to the East (Figure 1). All the holes were drilled vertically and each one intersected the mineralized sedimentary units. The 3 holes to the South (MS-19-47, 49 and 51) are presented on the long section (Figure 2) confirming the continuation of the two main mineralized units and the grades. Many assays are still pending but the lithological units intersected in the 23 short holes in the Sherlock zone in 2019 confirm the sub horizontal lightly dipping mineralized units which remain open to the North, East and West. The vert...