“It has been an exciting first year as operators of the Fer à Cheval. The team has grown and as a result our footprint in the region has grown. We are a unique exploration company with exposure to such an exciting regional business activity that generates revenues, and that ties in so well with our exploration properties. Our most recent discovery of the Wabash project earlier this year solidified our geological model of stratiform copper mineralization in the region and we are now advancing our exploration activities as a copper district rather than as a stand-alone project. The FAC provides Kintavar with a solid foundation from which to base our exploration activities both at Mitchi and Wabash. I would like to take this opportunity to wish all our shareholders, stakeholders and employees of Kintavar and the Fer à Cheval, Happy Holidays and a healthy and prosperous new year in 2021.” commented Kiril Mugerman, President & CEO of Kintavar Exploration.

“The majority of this financing was subscribed by existing shareholders of the Corporation, a strong sign of support and confidence. Furthermore, the strength of the copper market and the future demand projections are pointing to a significant supply deficit. Global economies are injecting unprecedented amounts of funds in transport electrification and renewable energies, both sectors of significant copper demand. And lastly, the global pandemic highlighted the need to diversify supply sources and that includes base metals and copper. The district scale mineralization at Mitchi and Wabash discovered by Kintavar’s team highlights the potential for development in a world-class jurisdiction like Quebec. Our technical team is currently working on processing the soil geochemical data, Induced Polarization (IP) data from the ongoing geophysical survey and is still awaiting pending results from the trenches and channels that were completed late fall. Based on those results, the Corporation is targeting a maiden drilling campaign on Wabash in the first quarter of 2021. This will be followed up by further field work starting late spring and continuing throughout the summer.” commented Kiril Mugerman, President & CEO of Kintavar Exploration.

Check out these pictures from our 2020 exploration programs!

Kintavar Exploration is a Canadian mineral exploration Corporation engaged in the acquisition, assessment, exploration and development of gold and base metal mineral properties. Its flagship project is the Mitchi property (approx. 30,000 hectares, 100% owned) located west of the Mitchinamecus reservoir, 100 km north of the town of Mont-Laurier. The property covers an area of more than 300 km2 accessible by a network of logging and gravel roads with a hydro-electric power substation located 14 km to the east. The property is located in the north-western portion of the central metasedimentary belt of the Grenville geological province. Many gold, copper, silver and/or manganese mineralized showings have been identified to date, with many characteristics suggesting of a sediment-hosted stratiform copper type mineralization (SSC) in the Eastern portion of the property and Iron Oxide Copper Gold (IOCG) and skarn type mineralization in the Western portion. Osisko holds a 2% NSR on 27 claims of the southern portion of the Mitchi property, outside of the sedimentary basin. Kintavar also has exposure in the gold greenstones of Quebec by advancing the Anik Gold Project in a partnership with IAMGOLD.