Kintavar Obtains Drilling Permits, Drilling at Wabash Copper Project in November Download PDF here. Montreal, Quebec, October 18, 2021 – – Kintavar Exploration Inc. (the “Corporation” or...
“We have been chasing that strong IP anomaly all summer and we finally have clipped it by its tail. These are the highest grades discovered so far on the Wabash property. They explain the IP anomaly that we had observed in the area and which now gives us the confidence that IP can be used as a reliable tool to use on the property to confirm new zones going forward. The consistent grade in all three metals (copper, silver and gold) all along the favorable horizon gives us great confidence and we are very excited to be drilling this IP target very shortly. Wabash offers a great variety including low grade horizons, polymetallic units with zinc and lead, high grade silver units and now most recently high-grade copper units with gold. With over 1.7 km of this IP anomaly to target and more than 4 km of favorable stratigraphy intercepted by over 20 trenches, the Wabash project offers a unique and potentially huge system to explore in central Quebec.” commented Kiril Mugerman, President & CEO of Kintavar Exploration.
“With the Gaspard Nord transaction now completed we have successfully optioned out or sold all our properties in the Chapais-Chibougamau gold area. We are committed to creating value to our shareholders whether by exploration or through strategic transactions. We have now accumulated a healthy equity portfolio that will help limit dilution for shareholders.” added Mugerman.
“The Cooper discovery further confirms and demonstrates the vast potential of Wabash. Working in the Grenville geological province is challenging due to its high degree of metamorphism and structure but the thorough exploration work by our technical team allows us to move forward nonetheless. Additional exploration work remains to be done to confirm that the Cooper zone connects with the rest of the mineralized areas. In the meantime, assays for the work completed in July and August are expected in September and October. This data will help finish planning the upcoming drill program and the next stages in the exploration program on Wabash.” commented Kiril Mugerman, President & CEO of Kintavar Exploration.