Kenorland Minerals Ltd. is pleased to announce the results from the 2024 summer exploration program at the Frotet Project , located in northern Quebec. Assays from the six drill holes, totaling 3,266m of drilling completed during the program, are reported herein. Kenorland currently holds a 4% net smelter return royalty and is operator of the Project. Highlights include the following: 24RDD223: 3.30m at 26.67 g/t Au incl [...]
Kenorland Minerals Ltd. announces further to its press release dated September 20, 2024, the Company, Sumitomo Metal Mining Canada Ltd. and Centerra Gold Inc. , have completed the exercise of Sumitomo's and Centerra's 'top-up right' to retain its 10.1% and 9.9% interest in the Company, respectively, as granted within the investor rights agreements dated November 5, 2021 and May 28, 2024. An aggregate of 322,640 common [...]
Kenorland Minerals Ltd. announces that, further to the investor rights agreement dated November 5, 2021 between the Company and Sumitomo Metal Mining Canada Ltd. and the investor rights agreement dated May 28, 2024 between the Company and Centerra Gold Inc. , each of Sumitomo and Centerra have issued to the Company notice of their respective intentions to exercise their 'top-up right' as it relates to certain share [...]
Kenorland Minerals Ltd. is pleased to announce that the Company's wholly owned subsidiary Kenorland Minerals North America Ltd., has granted to its wholly owned subsidiary, 1431275 B.C. Ltd., a 2% net smelter return royalty on its 100% owned South Uchi Project , located in the Red Lake District, northwestern Ontario. Kenorland recently announced positive results of its 2024 summer exploration program on the Project . The [...]
Kenorland Minerals Ltd. is pleased to announce positive results from its 2024 exploration program, which identified widespread gold mineralisation at the Papaonga target area within its 100% owned South Uchi Project , located in the Red Lake District of northwestern Ontario. South Uchi Project Highlights: Large coherent gold-in-till and HMC gold grain anomaly at the Papaonga target area Widespread gold mineralisation in [...]
Kenorland Minerals Ltd. is pleased to announce it has entered into a definitive purchase and sale agreement with Evolution Nickel Corporation pursuant to which Evolution will acquire 100% of the South Thompson Nickel Project . Pursuant to the terms of the Agreement, Evolution has agreed to issue Kenorland 26,000,000 common shares of Evolution ) and grant Kenorland a 2% net smelter return royalty over the entirety of the [...]
Kenorland Minerals Ltd. is pleased to announce the engagement of BBA Consultants , an engineering consulting firm, in preparation for a potential authorization and permit application for development of an underground exploration decline at the Frotet Project . Kenorland holds a 4% net smelter return royalty and Sumitomo Metal Mining Canada Ltd. is the 100% owner of the Project. Kenorland is currently the operator at the [...]
Kenorland Minerals Ltd. is pleased to announce that it has commenced multiple regional-scale surface exploration programs at its 100% owned South Uchi, Western Wabigoon, Flora, Algoman and Stormy Lake Projects , covering approximately 331,000 hectares of mineral tenure in the Red Lake District and Wabigoon subprovince in Northwestern Ontario. Zach Flood, President and CEO, states, "The scale of grassroots exploration [...]
Kenorland Minerals Ltd. is pleased to announce final drill results from the 2024 winter drill program at the Frotet Project , located in northern Quebec. Assays from the 27 drill holes, totaling 18,448m of drilling completed during the program, are reported herein. Kenorland currently holds a 4% net smelter return royalty and is operator of the Project. Highlights include the following: 24RDD197: 4.70m at 24.16 g/t Au [...]
Kenorland Minerals Ltd. is pleased to announce that the Company has completed its previously announced non-brokered C$9.86 million private placement of 8,315,871 common shares that will qualify as "flow-through shares" of the Income Tax Act ) and be sold on a charitable flow-through basis . Centerra Gold Inc. has acquired approximately 9.9% of the issued and outstanding common shares of the Company as an end purchaser of [...]
Kenorland Minerals Ltd. is pleased to announce that the Company has arranged a non-brokered C$9.86 million private placement of 8,315,871 common shares that will qualify as "flow-through shares" of the Income Tax Act ) and be sold on a charitable flow-through basis. In connection therewith, the Company and Centerra Gold Inc. have agreed to a strategic investment, whereby Centerra will acquire approximately 9.9% of the [...]
Kenorland Minerals Ltd. is pleased to provide an update on its 2024 exploration activities for its portfolio of projects located in Quebec, Ontario, Manitoba, Saskatchewan, British Columbia, and Alaska and partnerships with Sumitomo Metal Mining Canada Ltd. , Newmont Corporation and Centerra Gold Inc. . The Company's current working capital position is approximately $23.5 million. The total updated forecast for [...]