Kenorland Minerals Ltd. is pleased to announce that it has entered into a definitive agreement dated January 15, 2024 with Sumitomo Metal Mining Canada Ltd. to exchange the Company's 20% participating interest in the Frotet Project , located in Quebec, for a 4.0% net smelter return royalty on all minerals extracted from the Project. The transaction results in Sumitomo consolidating 100% ownership of the Project and [...]
Kenorland Minerals Ltd. is pleased to provide an update of its 2023 exploration activities, highlighting advancements on projects located in Quebec, Ontario, Manitoba, BC, and Alaska, including projects held under agreements with Sumitomo Metal Mining Canada Ltd. , Newmont Corporation , Centerra Gold Inc. , and Antofagasta Minerals . The total updated forecast for exploration expenditures on properties in which Kenorland [...]
Kenorland Minerals Ltd. is pleased to announce the commencement of the 2023 fall exploration program at the Frotet Project , located in northern Quebec and held under joint venture with Sumitomo Metal Mining Canada Ltd. . Q3 2023 Fall Exploration Program The Q3 2023 program will include up to 11,300 meters of diamond drilling at the Regnault gold discovery. This program follows the recently completed 13,360 meter drill [...]
Kenorland Minerals Ltd. announces that, further to the investor rights agreement dated November 5, 2021 between the Company and Sumitomo Metal Mining Canada Ltd. , Sumitomo has issued to the Company its intent to exercise its 'top-up right' and retain its 10.1% interest in the Company. An aggregate of 22,470 common shares will be issued at a price of $0.7368 per share for aggregate consideration of $16,555.90 in [...]
Kenorland Minerals Ltd. is pleased to announce the results of additional metallurgical testing of the Regnault gold system on the Frotet Project , located in northern Quebec and held under joint venture with Sumitomo Metal Mining Canada Ltd. . Metallurgical study highlights include: Optimized recoveries of up to 93.3% Au and 90.5% Ag for whole ore leaching Results of the Additional Metallurgical Study A preliminary [...]
Kenorland Minerals Ltd. is pleased to announce that it has commenced a large-scale surface exploration program at its 100% owned South Uchi Project , located in the Red Lake District of northwestern Ontario. 2023 Surface Exploration Program The 2023 surface exploration program includes detailed glacial till geochemical surveys and prospecting efforts covering several areas targeting gold, nickel-copper, and lithium [...]
Kenorland Minerals Ltd. is pleased to announce final drill results from the 2023 winter drill program at the Frotet Project , located in northern Quebec and held under joint venture with Sumitomo Metal Mining Canada Ltd. . Assays from the remaining 8 of 15 drill holes completed, including 6,679 meters of the 13,360 meter program are reported herein. The Company is also pleased to provide an update on the upcoming fall [...]
Kenorland Minerals Ltd. is pleased to announce it has raised gross proceeds of $7,000,000 through the sale of 1,000,000 common shares of Li-FT Power Ltd. . The sale was conducted through the Canadian Securities Exchange as a pre-arranged trade with an arm's length party. The proceeds from the sale further strengthens Kenorland's cash position and brings its current cash balance to a total of approximately $23,000,000 [...]
Kenorland Minerals Ltd. is pleased to announce the grassroots discovery of an intrusion-related gold system during the maiden diamond drill program at the Chebistuan Project, located in the northern Abitibi greenstone belt of Quebec, and held under an exploration agreement with Newmont Corporation . Results from 2,170m of drilling, including seven drill holes, are reported herein. Drill Highlights Seven shallow holes, up [...]
Kenorland Minerals Ltd. is pleased to announce initial drill results from the 2023 winter drill program at the Frotet Project, , located in northern Quebec and held under joint venture with Sumitomo Metal Mining Canada Ltd. . Assays from 7 of 15 drill holes completed, including 6,681 meters of the 13,360-meter program are reported herein. The Company is also pleased to report the discovery of multiple additional [...]
Kenorland Minerals Ltd. is pleased to provide a summary of its 2023 activities, highlighting significant advancements in exploration across the majority of the Company's portfolio, as well as the addition of several new projects recently acquired through generative efforts. The total planned exploration expenditures on properties in which Kenorland holds direct or royalty interests is anticipated to be approximately C$33 [...]
Kenorland Minerals Ltd. is pleased to announce the 2023 exploration program and budget at the Tanacross Project , located in eastern Alaska and held under an earn-in agreement with Antofagasta Minerals S.A. , a wholly-owned subsidiary of Antofagasta PLC . 2023 Summer Drill Program and Budget The summer drill program, operated by Kenorland, will include up to 4,500m of diamond drilling to test three primary target areas [...]
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