Kintavar Exploration Inc.

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Kintavar Exploration is a natural resources corporation principally engaged in the exploration and development of precious metals and base metals properties located in Quebec with access to infrastructures. It seeks to identify, investigate, evaluate and acquire under explored properties located ...

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Kintavar Exploration Inc.

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Kintavar Exploration is a natural resources corporation principally engaged in the exploration and development of pre......

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8 hours

8020Admin posted a press release Kintavar to Acquire "Pourvoirie Fer a Cheval" to advance development of the Mitchi Project in KINTAVAR EXPLORATION INC.




  • Acquisition includes a power line,  private road access, fueling station and over 100 sleeping accommodations



  • Cash flowing business with overlapping interests in the Mitchi project and growth potential



MONTRÉAL, July 15, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce that it entered into a share purchase agreement to acquire (the “Acquisition”) the Pourvoirie Fer a Cheval (“Fer a Cheval”), one of the most developed hunting and fishing outfitters in the region, that shares its exclusive hunting territories with Kintavar’s Mitchi property.


Fer a Cheval – opening the door to future development
The Acquisition is strategic for Kintavar as it addresses several key points:



  • Location – The Fer a Cheval is a large hunting and fishing outfitter with an exclusive territory of nearly 240 km2 that covers a large portion of the northern part of the Mitchi sedimentary basin. This transaction will guarantee that any future developments of the Mitchi project is done in full synergy to support and develop the Fer a Cheval existing business;

  • Key infrastructure – The Fer a Cheval owns key local assets such as the power line, private road access, fueling station and over 100 sleeping accommodations. The ownership of this infrastructure will have a major influence on any future capital costs of developing the Mitchi project.

  • Environmental and social acceptability – the Mont Laurier region residents have been very supportive of the Mitchi project since day one, even though the mining industry is new to the region. The acquisition of the Fer a Cheval allows Kintavar to continue developing the region, work more with the local communities and most importantly remain focused on the environmental and sustainable development aspects of the Mitchi project.

  • Growing cash flowing business – The Fer a Cheval has been in operation for over 10 years and has developed into a very active business for more than just hunting and fishing. The region has also been developed for snowmobiling and ATV riding and attracts many outdoor enthusiasts to the area. The Fer a Cheval has grown over the years and is a central location for lodging to major companies such as Hydro Quebec (15 km from the La Verendrye sub station), forestry companies and even forestry firefighting organizations. Kintavar intends to keep operating and optimizing the Fer a Cheval. It will be generating funds and as well have major synergies with its exploration activities, as such, management is confident shareholder value will be maximized.


“Acquiring the Fer a Cheval that shares its territory with the Mitchi property is a very important milestone for Kintavar. It provides the Corporation with immediate revenues and cash flows which is practically unheard of at the exploration stage of a junior. As the owner and operator of the Fer a Cheval, Kintavar will be able to facilitate and accelerate future permitting and development requirements, as the Mitchi project advances towards production. With access to road, low cost hydroelectric power, accommodations and heavy machinery, Kintavar is in a unique situation moving forward especially with the potential to develop a mining operation accessible by road and not dependant on higher cost and greenhouse gases emitting diesel power. Finally, and most importantly, it demonstrates to all of our shareholders Kintavar’s belief that the Mitchi property will become a major copper project. We look forward to conducting our 2019 drilling program following our recent progress on the field. I would also like to extend my thanks to the Mont-Laurier investors and the owner of the Fer a Cheval for being very supportive of our initiatives and look forward to advancing the Mitchi project,” comments Kiril Mugerman, President & CEO of Kintavar.


Transaction details

Kintavar will be purchasing all the shares of the private company owning Fer a Cheval, through a new wholly owned subsidiary of the Corporation, in consideration of $2.3M, including $1M financed through long-term debt with two local financial institutions, 3,125,000 common shares (each a “Share”) of Kintavar at a deemed price of $0.16 ($500,000), and the balance in cash at closing, which is planned for August 1st. The Shares will be subject to a voluntary escrow for a duration of 2 years, with 25% being released every 6 months.


For anyone who wants to learn more about the Fer a Cheval, they are invited to visit its website www.feracheval.ca


The Acquisition remains subject to approval of the TSX Venture Exchange. The Shares issued as consideration pursuant to the Acquisition will be subject to a statutory hold period of four months and one day from the date of issuance.


About Kintavar Exploration & the Mitchi Property


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.


For further information contact:


Kiril Mugerman, President and CEO
Phone : +1 450 641 5119 #5653
Email : kmugerman@kintavar.com
Web: www.kintavar.com


Forward looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release contains statements that may constitute “forward-looking information” or “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including additional closings of the private placement referred to above, or if any of them do so, what benefits the Corporation will derive. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in the Corporation’s management’s discussion and analysis for the fiscal year ended December 31, 2018, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. The Corporation does not intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.


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8020Admin

25 days

8020Admin posted a press release Kintavar Begins 2019 Exploration Program on Mitchi Copper Project; Targets 5,000 Meter Drilling Program in KINTAVAR EXPLORATION INC.


MONTRÉAL, June 20, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the beginning of the 2019 exploration program on the Mitchi stratiform copper project. The program is divided into 3 main priorities: 1. Surface work to extend the mineralization of the main Sherlock zone to the East and to the West; 2. Continue surface exploration in the Elementary / Conan zones and identifying new zones of mineralization within the Sherlock corridor; and 3. Follow up drilling on both the Sherlock zone and the Elementary / Conan zones.


Sherlock Zone Surface Exploration


Surface exploration will focus on the following:



  • Sherlock zone – The main Sherlock zone has provided the best mineralized intervals to date and remains open to the East, to the West and at depth. Surface work will focus on extending the mineralization in both directions and to identify on surface horizons that were previously intercepted only in drilling.


  • Structural and lithological mapping to identify extensions and similar structural thickening patterns in proximity of the Sherlock zone


Elementary / Conan Zone Surface Exploration



  • Elementary / Conan zone – The Elementary & Conan zone has been already confirmed to have mineralization from surface while large soil anomalies have been identified in 2018 that require extensive follow up. The strength and the size of the anomalies suggests the presence of a large target similar in size to the main Sherlock zone.


  • Other regional targets within the Sherlock corridor will be evaluated for their potential to host significant size of mineralization and prepared for eventual follow up by drilling


Sherlock Corridor Drilling


Once the surface exploration work is complete, Kintavar is planning approximately 5,000 meters of drilling to investigate primarily the Sherlock zone extensions followed up by drilling on the Elementary / Conan zone.


In addition, the Corporation announces that all the resolutions that were presented at the annual and special meeting on June 20, were approved by the shareholders. These resolutions include the nomination of the directors and the auditors as well as the renewal of the Stock Option Plan.


Shareholders re-elected Kiril Mugerman, Mark Billings, Pierre Bertrand, David Charles and Maxime Lemieux to the Board of Directors.


Moreover, during the Board meeting, held after the meeting, all members of management have been re-appointed to their respective positions, and Mark Billings, David Charles and Maxime Lemieux will continue to form the audit committee.


The Board of Directors has granted today 1,135,000 stock options under its Stock Option Incentive Plan to directors, officers, consultants and employees at an exercise price of $0.165 per share. The options expire five (5) years from the date of grant on June 20, 2024.


NI-43-101 Disclosure


Alain Cayer, P. Geo., MSc., Vice-President Exploration of Kintavar, is the Qualified Person under NI 43-101 guidelines who supervised and approved the preparation of the technical information in this news release.


About Kintavar Exploration & the Mitchi Property


Kintavar Exploration is a Canadian mineral exploration Corporation engaged in the acquisition, assessment, exploration and development of gold and base metal mineral properties. It’s 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.


For further information contact:


Kiril Mugerman, president and CEO
Phone : +1 450 641 5119 #5653
Email : kmugerman@kintavar.com
Web: www.kintavar.com


Forward looking Statements:


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release contains statements that may constitute “forward-looking information” or “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including additional closings of the private placement referred to above, or if any of them do so, what benefits the Corporation will derive. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in the Corporation’s management’s discussion and analysis for the fiscal year ended December 31, 2018, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. The Corporation does not intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.


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8020Admin

3 months

8020Admin posted a press release Kintavar obtains up to 59% Copper grade in concentrate and up to 80% recovery in addition to Silver and Cobalt from preliminary metallurgical study in KINTAVAR EXPLORATION INC.

MONTRÉAL, April 24, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the results of its preliminary metallurgical test work for samples from drill hole MS-18-36 in the Sherlock area of the Mitchi project in Quebec, Canada. The objectives of this test work are to demonstrate that the Sherlock mineralized materials are amenable to the production of high-grade copper concentrates using traditional mineral processing techniques. Results demonstrate that a very high-quality copper concentrate of up to 59% copper, and without any deleterious metals, can be produced, well above the global average of 25% copper1 and above the 32% copper concentrate often required to obtain a premium on concentrates. Recoveries of up to 80% were achieved and it is believed that it should be possible to increase the recoveries to the global average of 84%1 or above after performing additional optimization and testwork.


Test work has been completed at ALS Metallurgy in Kamloops, British Columbia and supervised by Novopro Projects, Inc. from Montreal, Quebec, both independent of Kintavar Exploration. Test work followed industry standard methods and procedures commonly used for the design and development of copper recovery processes, including mineralogy, Bond Work Index testing, flotation testing and assaying of metallurgical products.


One NQ diamond drill hole was drilled in the Sherlock zone, specifically to obtain representative material for use in metallurgical testing. Three main metallurgical composites were prepared from whole core obtained from this drilling and the composite samples are outlined in Table 1.


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=KTR%3ACC&qmodStoryID=5556988443112546 

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8020Admin

4 months

8020Admin posted a press release Kintavar Receives $700,000 from Recent Warrant Exercise; Adds Technical Advisor Specializing in Stratiform Copper Deposits in KINTAVAR EXPLORATION INC.

MONTREAL, March 25, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), today is very pleased to announce that since January 2018 the Corporation has received gross proceeds of $701,185 from the exercise of warrants prior to their expirations on December 30, 2018 and March 24, 2019. All warrants issued by the Corporation that had matured on the previously mentioned dates, have now been exercised.


"As Kintavar celebrates 2 years since listing on the TSX Venture Exchange, we are privileged to have strong support from our investors as demonstrated by the successful warrant exercise with 100% of the warrants being exercised. More than 85% of these warrants were held either by Quebec institutional investors or by our shareholders living in the Mont Laurier and the Mitchi project region which shows the local support behind the project. On behalf of the entire management and exploration team, I would like to thank our shareholders for their support and for being with us in discovering Quebec’s newest mineral exploration region.” comments Kiril Mugerman, President & CEO of Kintavar.


In preparation to the 2019 exploration season, Kintavar is pleased to announce that it has retained the services of Francis Chartrand, P. Geo, Ph.D, as technical advisor to the Corporation specializing in stratiform copper deposits. Mr. Chartrand graduated in 1979 from Concordia University (Montreal) with a B.Sc. in geology.  He obtained an M.Sc.A. in 1982 and a Ph.D. in 1987 from École Polytechnique de Montréal by studying the diagenetic evolution of the sediment-hosted stratiform copper mineralization of the Redstone deposit, N.W.T. and the Kamoto mine, Democratic Republic of Congo.  Mr. Chartrand also undertook post-doctoral studies of Zambian stratiform copper mineralization at University College in Cardiff, Wales in 1987.


In 1988 Mr. Chartrand was employed by the Québec government geological survey in Val-d’Or, first as head of the metallogeny section, and then as head of the Northwest Geological Service.  From 1997-2018, Mr. Chartrand worked for several companies including SOQUEM (research geologist), Amex (consultant and VP exploration), Virginia Mines, (project geologist), MDN (project geologist) and most recently Osisko Mining (project geologist).


"We are very pleased to be able to add Mr. Chartrand to our team. Finding expertise in stratiform copper deposits is not an easy task due to their relatively limited occurrence globally, but to be able to find local expertise of this type of deposits with knowledge of the Grenville, the local structural geology and the metamorphism is almost impossible considering no such deposits are present elsewhere in Quebec. We are certain his knowledge and experience will make a significant contribution to our team and will add to an already exciting upcoming exploration campaign.” added Kiril Mugerman.


About Kintavar Exploration & the Mitchi Property


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.


For further information contact:


Kiril Mugerman, president and CEO
Phone : +1 450 641 5119 #5653
Email : kmugerman@kintavar.com
Web: www.kintavar.com


Forward looking Statements:


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release contains statements that may constitute “forward-looking information” or “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including additional closings of the private placement referred to above, or if any of them do so, what benefits the Corporation will derive. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in the Corporation’s management’s discussion and analysis for the fiscal year ended December 31, 2017, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. The Corporation does not intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

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8020Admin

5 months

8020Admin posted a press release Kintavar Intercepts the Longest Mineralized Interval on the Mitchi Property; 94.80m @ 0.30% Cu within 216m @ 0.20% Cu in KINTAVAR EXPLORATION INC.

MONTREAL, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the final assay results for the 2018 drilling program on the Mitchi project. The western portion of the Sherlock zone delivered in its objectives to open the mineralization to the West while confirming the presence of all the main mineralized horizons which are tightly stacked, folded and mainly sub-vertical. The mineralized interval of 0.20% Cu over 216m in hole MS-18-46 is the longest on the Mitchi property.


 


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=KTR%3ACC&qmodStoryID=5578673586133156 

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8020Admin

5 months

8020Admin posted a press release Kintavar Confirms Near Surface Mineralization at the Conan Zone; Identifies a Large Copper Soil Anomaly in the Area in KINTAVAR EXPLORATION INC.

MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V) is pleased to announce drilling, geochemical and geophysical results for the Conan zone. The Conan zone is located in the North-Western part of the Sherlock corridor where the main Sherlock zone is being explored. The Conan zone was originally discovered in 2018 by following historical soil anomalies and now has been confirmed by drilling. Drill holes MS-18-43 and MS-18-44 intersected the mineralized horizon that was discovered on surface (0.48% Cu over 12.1m, see press release October 15, 2018) and returned assays of 0.33% Cu over 10m and 0.21% Cu over 17.25m respectively. Further drill results from Sherlock area are pending and expected shortly.


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=KTR%3ACC&qmodStoryID=5155504347369727 

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8020Admin

5 months

8020Admin posted a press release Kintavar drills 51m @ 0.24% Cu, Opens the Sherlock Zone to the East in KINTAVAR EXPLORATION INC.

MONTREAL, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V) is pleased to announce drilling results for the eastern portion of the Sherlock zone. Drilling in December focused on testing the four main horizons (A-D) which are stacked together in the Sherlock zone. Drill holes MS-37 to MS-39 were testing the south-eastern extensions of horizon A while hole MS-41 was primarily testing the north-eastern horizon C extensions. Drilling assays of hole MS-46, which was testing horizons B, C and D in the western extension, are pending.


Read More:  https://quotemedia.com/portal/quote/?qm_symbol=KTR%3ACC&qmodStoryID=6246377623100629 

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Kintavar Exploration Inc.

lockPrivate Group

Kintavar Exploration is a natural resources corporation principally engaged in the exploration and development of precious metals and base metals properties located in Quebec with access to infrastructures. It seeks to identify, investigate, evaluate and acquire under explored properties located ...

people6 Members       (0)

Corporate Profile
Group Admins:
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Request Membership


Kintavar Exploration Inc.

lockPrivateGroup

Kintavar Exploration is a natural resources corporation principally engaged in the exploration and development of pre......

people6 Members       (0)

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8020Admin

8 hours

8020Admin posted a press release Kintavar to Acquire "Pourvoirie Fer a Cheval" to advance development of the Mitchi Project in KINTAVAR EXPLORATION INC.




  • Acquisition includes a power line,  private road access, fueling station and over 100 sleeping accommodations



  • Cash flowing business with overlapping interests in the Mitchi project and growth potential



MONTRÉAL, July 15, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce that it entered into a share purchase agreement to acquire (the “Acquisition”) the Pourvoirie Fer a Cheval (“Fer a Cheval”), one of the most developed hunting and fishing outfitters in the region, that shares its exclusive hunting territories with Kintavar’s Mitchi property.


Fer a Cheval – opening the door to future development
The Acquisition is strategic for Kintavar as it addresses several key points:



  • Location – The Fer a Cheval is a large hunting and fishing outfitter with an exclusive territory of nearly 240 km2 that covers a large portion of the northern part of the Mitchi sedimentary basin. This transaction will guarantee that any future developments of the Mitchi project is done in full synergy to support and develop the Fer a Cheval existing business;

  • Key infrastructure – The Fer a Cheval owns key local assets such as the power line, private road access, fueling station and over 100 sleeping accommodations. The ownership of this infrastructure will have a major influence on any future capital costs of developing the Mitchi project.

  • Environmental and social acceptability – the Mont Laurier region residents have been very supportive of the Mitchi project since day one, even though the mining industry is new to the region. The acquisition of the Fer a Cheval allows Kintavar to continue developing the region, work more with the local communities and most importantly remain focused on the environmental and sustainable development aspects of the Mitchi project.

  • Growing cash flowing business – The Fer a Cheval has been in operation for over 10 years and has developed into a very active business for more than just hunting and fishing. The region has also been developed for snowmobiling and ATV riding and attracts many outdoor enthusiasts to the area. The Fer a Cheval has grown over the years and is a central location for lodging to major companies such as Hydro Quebec (15 km from the La Verendrye sub station), forestry companies and even forestry firefighting organizations. Kintavar intends to keep operating and optimizing the Fer a Cheval. It will be generating funds and as well have major synergies with its exploration activities, as such, management is confident shareholder value will be maximized.


“Acquiring the Fer a Cheval that shares its territory with the Mitchi property is a very important milestone for Kintavar. It provides the Corporation with immediate revenues and cash flows which is practically unheard of at the exploration stage of a junior. As the owner and operator of the Fer a Cheval, Kintavar will be able to facilitate and accelerate future permitting and development requirements, as the Mitchi project advances towards production. With access to road, low cost hydroelectric power, accommodations and heavy machinery, Kintavar is in a unique situation moving forward especially with the potential to develop a mining operation accessible by road and not dependant on higher cost and greenhouse gases emitting diesel power. Finally, and most importantly, it demonstrates to all of our shareholders Kintavar’s belief that the Mitchi property will become a major copper project. We look forward to conducting our 2019 drilling program following our recent progress on the field. I would also like to extend my thanks to the Mont-Laurier investors and the owner of the Fer a Cheval for being very supportive of our initiatives and look forward to advancing the Mitchi project,” comments Kiril Mugerman, President & CEO of Kintavar.


Transaction details

Kintavar will be purchasing all the shares of the private company owning Fer a Cheval, through a new wholly owned subsidiary of the Corporation, in consideration of $2.3M, including $1M financed through long-term debt with two local financial institutions, 3,125,000 common shares (each a “Share”) of Kintavar at a deemed price of $0.16 ($500,000), and the balance in cash at closing, which is planned for August 1st. The Shares will be subject to a voluntary escrow for a duration of 2 years, with 25% being released every 6 months.


For anyone who wants to learn more about the Fer a Cheval, they are invited to visit its website www.feracheval.ca


The Acquisition remains subject to approval of the TSX Venture Exchange. The Shares issued as consideration pursuant to the Acquisition will be subject to a statutory hold period of four months and one day from the date of issuance.


About Kintavar Exploration & the Mitchi Property


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.


For further information contact:


Kiril Mugerman, President and CEO
Phone : +1 450 641 5119 #5653
Email : kmugerman@kintavar.com
Web: www.kintavar.com


Forward looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release contains statements that may constitute “forward-looking information” or “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including additional closings of the private placement referred to above, or if any of them do so, what benefits the Corporation will derive. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in the Corporation’s management’s discussion and analysis for the fiscal year ended December 31, 2018, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. The Corporation does not intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.


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8020Admin

25 days

8020Admin posted a press release Kintavar Begins 2019 Exploration Program on Mitchi Copper Project; Targets 5,000 Meter Drilling Program in KINTAVAR EXPLORATION INC.


MONTRÉAL, June 20, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the beginning of the 2019 exploration program on the Mitchi stratiform copper project. The program is divided into 3 main priorities: 1. Surface work to extend the mineralization of the main Sherlock zone to the East and to the West; 2. Continue surface exploration in the Elementary / Conan zones and identifying new zones of mineralization within the Sherlock corridor; and 3. Follow up drilling on both the Sherlock zone and the Elementary / Conan zones.


Sherlock Zone Surface Exploration


Surface exploration will focus on the following:



  • Sherlock zone – The main Sherlock zone has provided the best mineralized intervals to date and remains open to the East, to the West and at depth. Surface work will focus on extending the mineralization in both directions and to identify on surface horizons that were previously intercepted only in drilling.


  • Structural and lithological mapping to identify extensions and similar structural thickening patterns in proximity of the Sherlock zone


Elementary / Conan Zone Surface Exploration



  • Elementary / Conan zone – The Elementary & Conan zone has been already confirmed to have mineralization from surface while large soil anomalies have been identified in 2018 that require extensive follow up. The strength and the size of the anomalies suggests the presence of a large target similar in size to the main Sherlock zone.


  • Other regional targets within the Sherlock corridor will be evaluated for their potential to host significant size of mineralization and prepared for eventual follow up by drilling


Sherlock Corridor Drilling


Once the surface exploration work is complete, Kintavar is planning approximately 5,000 meters of drilling to investigate primarily the Sherlock zone extensions followed up by drilling on the Elementary / Conan zone.


In addition, the Corporation announces that all the resolutions that were presented at the annual and special meeting on June 20, were approved by the shareholders. These resolutions include the nomination of the directors and the auditors as well as the renewal of the Stock Option Plan.


Shareholders re-elected Kiril Mugerman, Mark Billings, Pierre Bertrand, David Charles and Maxime Lemieux to the Board of Directors.


Moreover, during the Board meeting, held after the meeting, all members of management have been re-appointed to their respective positions, and Mark Billings, David Charles and Maxime Lemieux will continue to form the audit committee.


The Board of Directors has granted today 1,135,000 stock options under its Stock Option Incentive Plan to directors, officers, consultants and employees at an exercise price of $0.165 per share. The options expire five (5) years from the date of grant on June 20, 2024.


NI-43-101 Disclosure


Alain Cayer, P. Geo., MSc., Vice-President Exploration of Kintavar, is the Qualified Person under NI 43-101 guidelines who supervised and approved the preparation of the technical information in this news release.


About Kintavar Exploration & the Mitchi Property


Kintavar Exploration is a Canadian mineral exploration Corporation engaged in the acquisition, assessment, exploration and development of gold and base metal mineral properties. It’s 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.


For further information contact:


Kiril Mugerman, president and CEO
Phone : +1 450 641 5119 #5653
Email : kmugerman@kintavar.com
Web: www.kintavar.com


Forward looking Statements:


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release contains statements that may constitute “forward-looking information” or “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including additional closings of the private placement referred to above, or if any of them do so, what benefits the Corporation will derive. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in the Corporation’s management’s discussion and analysis for the fiscal year ended December 31, 2018, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. The Corporation does not intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.


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8020Admin

3 months

8020Admin posted a press release Kintavar obtains up to 59% Copper grade in concentrate and up to 80% recovery in addition to Silver and Cobalt from preliminary metallurgical study in KINTAVAR EXPLORATION INC.

MONTRÉAL, April 24, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the results of its preliminary metallurgical test work for samples from drill hole MS-18-36 in the Sherlock area of the Mitchi project in Quebec, Canada. The objectives of this test work are to demonstrate that the Sherlock mineralized materials are amenable to the production of high-grade copper concentrates using traditional mineral processing techniques. Results demonstrate that a very high-quality copper concentrate of up to 59% copper, and without any deleterious metals, can be produced, well above the global average of 25% copper1 and above the 32% copper concentrate often required to obtain a premium on concentrates. Recoveries of up to 80% were achieved and it is believed that it should be possible to increase the recoveries to the global average of 84%1 or above after performing additional optimization and testwork.


Test work has been completed at ALS Metallurgy in Kamloops, British Columbia and supervised by Novopro Projects, Inc. from Montreal, Quebec, both independent of Kintavar Exploration. Test work followed industry standard methods and procedures commonly used for the design and development of copper recovery processes, including mineralogy, Bond Work Index testing, flotation testing and assaying of metallurgical products.


One NQ diamond drill hole was drilled in the Sherlock zone, specifically to obtain representative material for use in metallurgical testing. Three main metallurgical composites were prepared from whole core obtained from this drilling and the composite samples are outlined in Table 1.


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=KTR%3ACC&qmodStoryID=5556988443112546 

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8020Admin

4 months

8020Admin posted a press release Kintavar Receives $700,000 from Recent Warrant Exercise; Adds Technical Advisor Specializing in Stratiform Copper Deposits in KINTAVAR EXPLORATION INC.

MONTREAL, March 25, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), today is very pleased to announce that since January 2018 the Corporation has received gross proceeds of $701,185 from the exercise of warrants prior to their expirations on December 30, 2018 and March 24, 2019. All warrants issued by the Corporation that had matured on the previously mentioned dates, have now been exercised.


"As Kintavar celebrates 2 years since listing on the TSX Venture Exchange, we are privileged to have strong support from our investors as demonstrated by the successful warrant exercise with 100% of the warrants being exercised. More than 85% of these warrants were held either by Quebec institutional investors or by our shareholders living in the Mont Laurier and the Mitchi project region which shows the local support behind the project. On behalf of the entire management and exploration team, I would like to thank our shareholders for their support and for being with us in discovering Quebec’s newest mineral exploration region.” comments Kiril Mugerman, President & CEO of Kintavar.


In preparation to the 2019 exploration season, Kintavar is pleased to announce that it has retained the services of Francis Chartrand, P. Geo, Ph.D, as technical advisor to the Corporation specializing in stratiform copper deposits. Mr. Chartrand graduated in 1979 from Concordia University (Montreal) with a B.Sc. in geology.  He obtained an M.Sc.A. in 1982 and a Ph.D. in 1987 from École Polytechnique de Montréal by studying the diagenetic evolution of the sediment-hosted stratiform copper mineralization of the Redstone deposit, N.W.T. and the Kamoto mine, Democratic Republic of Congo.  Mr. Chartrand also undertook post-doctoral studies of Zambian stratiform copper mineralization at University College in Cardiff, Wales in 1987.


In 1988 Mr. Chartrand was employed by the Québec government geological survey in Val-d’Or, first as head of the metallogeny section, and then as head of the Northwest Geological Service.  From 1997-2018, Mr. Chartrand worked for several companies including SOQUEM (research geologist), Amex (consultant and VP exploration), Virginia Mines, (project geologist), MDN (project geologist) and most recently Osisko Mining (project geologist).


"We are very pleased to be able to add Mr. Chartrand to our team. Finding expertise in stratiform copper deposits is not an easy task due to their relatively limited occurrence globally, but to be able to find local expertise of this type of deposits with knowledge of the Grenville, the local structural geology and the metamorphism is almost impossible considering no such deposits are present elsewhere in Quebec. We are certain his knowledge and experience will make a significant contribution to our team and will add to an already exciting upcoming exploration campaign.” added Kiril Mugerman.


About Kintavar Exploration & the Mitchi Property


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.


For further information contact:


Kiril Mugerman, president and CEO
Phone : +1 450 641 5119 #5653
Email : kmugerman@kintavar.com
Web: www.kintavar.com


Forward looking Statements:


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release contains statements that may constitute “forward-looking information” or “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including additional closings of the private placement referred to above, or if any of them do so, what benefits the Corporation will derive. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in the Corporation’s management’s discussion and analysis for the fiscal year ended December 31, 2017, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. The Corporation does not intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

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8020Admin

5 months

8020Admin posted a press release Kintavar Intercepts the Longest Mineralized Interval on the Mitchi Property; 94.80m @ 0.30% Cu within 216m @ 0.20% Cu in KINTAVAR EXPLORATION INC.

MONTREAL, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the final assay results for the 2018 drilling program on the Mitchi project. The western portion of the Sherlock zone delivered in its objectives to open the mineralization to the West while confirming the presence of all the main mineralized horizons which are tightly stacked, folded and mainly sub-vertical. The mineralized interval of 0.20% Cu over 216m in hole MS-18-46 is the longest on the Mitchi property.


 


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=KTR%3ACC&qmodStoryID=5578673586133156 

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8020Admin

5 months

8020Admin posted a press release Kintavar Confirms Near Surface Mineralization at the Conan Zone; Identifies a Large Copper Soil Anomaly in the Area in KINTAVAR EXPLORATION INC.

MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V) is pleased to announce drilling, geochemical and geophysical results for the Conan zone. The Conan zone is located in the North-Western part of the Sherlock corridor where the main Sherlock zone is being explored. The Conan zone was originally discovered in 2018 by following historical soil anomalies and now has been confirmed by drilling. Drill holes MS-18-43 and MS-18-44 intersected the mineralized horizon that was discovered on surface (0.48% Cu over 12.1m, see press release October 15, 2018) and returned assays of 0.33% Cu over 10m and 0.21% Cu over 17.25m respectively. Further drill results from Sherlock area are pending and expected shortly.


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=KTR%3ACC&qmodStoryID=5155504347369727 

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8020Admin

5 months

8020Admin posted a press release Kintavar drills 51m @ 0.24% Cu, Opens the Sherlock Zone to the East in KINTAVAR EXPLORATION INC.

MONTREAL, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V) is pleased to announce drilling results for the eastern portion of the Sherlock zone. Drilling in December focused on testing the four main horizons (A-D) which are stacked together in the Sherlock zone. Drill holes MS-37 to MS-39 were testing the south-eastern extensions of horizon A while hole MS-41 was primarily testing the north-eastern horizon C extensions. Drilling assays of hole MS-46, which was testing horizons B, C and D in the western extension, are pending.


Read More:  https://quotemedia.com/portal/quote/?qm_symbol=KTR%3ACC&qmodStoryID=6246377623100629 

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