The Wabash copper-silver property is part of the Mitchi-Wabash mineralized district and was further developed by Kintavar Exploration from 2020 after following up on showings from 1916 and 1936. It is located in the Haute-Mauricie region of Quebec, just 65 km north of the Mitchi project and 15 km east of the city of Parent. Accessible by roads, the project also benefits from an active commercial railroad that crosses the property. This railway services various operations, including the active Suzorite mica mine operated by Imerys Mica Suzorite Inc., a subsidiary of Imerys S.A., a leading French multinational specializing in the production and processing of industrial minerals, with a market valuation exceeding $6 billion.
Kintavar owns 100% of the property claims with a royalty of 0.25% applicable only on six (6) of these claims. The Wabash property shows similar characteristics of stratiform copper mineralization observed on the Mitchi property. Located in the sedimentary units of the Wabash complex, the main fertile lithologies are horizons of paragneiss and marbles mineralized in bornite, chalcopyrite and traces of chalcocite, galena and sphalerite.
Since 2020, Kintavar has conducted multiple exploration programs resulting in the identification of mineralized units extending over 7 kilometers north-south, most of which have been confirmed at depth. Significant drilling results include intersections in the MLI (Marco-Lara-Indiana) sector, revealing 1.01% Cu and 19.3 g/t Ag over 16.8 meters (WAB-21-21). Another horizon from the same drillhole resulted in an intersection of 0.21% Cu and 11.0 g/t Ag over 6.55 meters including 0.36% Cu, 25.8 g/t Ag, 0.41% Pb and 0.39% Zn over 2.5 meters, emphasizing the polymetallic character of this corridor. In 2022, follow-up drilling confirmed promising results, such as 1.19% Cu and 28.4 g/t Ag over 5.35 meters within a wider intersection of 0.59% Cu and 19.1 g/t Ag over 19m (WAB-22-22).
Wabash demonstrates a significant polymetallic signature. In addition to copper and silver mineralization, galena and sphalerite have been identified on several mineralized zones of the property, at surface as well as at depth. Several samples have yielded strongly anomalous values of Pb and Zn since the beginning of work in summer 2020. Gold is not commonly found in this type of deposit, but several samples have returned anomalous gold grades greater than 0.1 g/t and manganese is present in all sedimentary units of Wabash. A few cobalt anomalies have also been identified.
