The Wabash copper-silver property is located in the Haute-Mauricie region of Quebec, only 65km North of the Mitchi project and 15km East of the city of Parent. The project consists of 126 claims and 7266 hectares and is 100% owned by Kintavar.
The project is accessible by roads and has an active commercial railroad crossing the property which services, among others, the active Suzorite mica mine operated by Imerys Mica Suzorite Inc., a subsidiary of Imerys S.A., a French multinational company which specializes in the production and processing of industrial minerals with a valuation of over $6B.
The mineralization and the lithologies observed show important similarities to the stratiform copper mineralization of the Mitchi project but as well some distinct differences. Although the main Cu minerals are the same, a higher proportion of chalcopyrite relative to bornite and chalcocite were observed. The mineralization is present in the deeper units of a basin sequence which are favorable to fluids migration and where classic stratiform copper mineralization is usually present in the world class deposits. The identified mineralization shows several similarities as well to the world class Zn-Pb-Ag-Mn-Cu Hermosa project in Arizona, US that was acquired by South32 from Arizona Mining in 2018 for $2.1B. The Hermosa project is comprised of several underground stratabound deposits, each having a distinctive enrichment pattern in these five metals.
Kintavar Exploration Inc. (KTR-V) Kintavar Identifies new Cu, Ag, (Zn and Mn) Sediment Hosted Mineralization at Wabash Project, Québec
Event: Kintavar announced on September 29, 2020 summer 2020 regional prospecting results from Wabash project in central Québec. Impact: Positive.