Kenorland Minerals intersects 17.96 g/t Au over 15.40m at Regnault

Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) ( "Kenorland" or "the Company" ) is pleased to announce initial drill results from the recently completed 17,792 meter diamond drill program at the Regnault gold discovery within the Frotet Project ( "the Project" ), located in northern Quebec and held under joint venture ( "the Joint Venture" ) with Sumitomo Metal Mining Canada Ltd. ( "SMMCL" ). Assays from 32 of the 57 drill holes completed during the program, including 9,824 meters, are reported herein. Results from the remaining 25 holes (7,968 meters) will be reported once all assays have been received and compiled.

Highlights include the following:

21RDD056A: 15.40m at 17.96 g/t Au incl. 7.20m at 36.29 g/t Au
21RDD060: 3.00m at 32.21 g/t Au
21RDD074: 3.45m at 17.53 g/t Au incl. 0.50 m at 114.60 g/t Au
21RDD077: 14.20m at 3.91 g/t Au incl. 2.73 m at 15.34 g/t Au
21RDD082A: 1.60m at 28.34 g/t Au

Figure 1. Plan Map of Regnault Drilling Highlights

Zach Flood , President and CEO of Kenorland Minerals, states, " Our most recent drilling efforts at Regnault have delivered outstanding results as we continue to demonstrate scale, grade and continuity along multiple mineralized structures. The known extent of the system has grown with each program and our understanding of the controls on mineralization are developing rapidly. We look forward to announcing the remaining results in the near future as well as preparing the next phase of drilling scheduled to commence in January ."

Discussion of Results

The 17,792 meter drill program was designed to systematically step-out along strike and down dip of the known structures (R1, R2 East, and R2 West Trends) to gain better understanding of the structural and lithological controls on gold mineralization, as well as explore for other mineralized structures within the Regnault gold system. Significant results along the R1 Trend continue to indicate multiple significant gold bearing structures. Holes 21RDD056A, which stepped out approximately 100m to the east of 21RDD024 ( 5.72m at 90.56 g/t Au – see press release dated May 26, 2021 ) returned 15.40m at 17.96 g/t Au. Hole 21RDD060 stepped out approximately 60m further to the east beyond 21RDD056A and intersected 3.00m at 32.21 g/t Au. Hole 21RDD074 drilled across the R1 structure approximately 270m to the west of 21RDD024 and intersected 3.45m at 17.53 g/t Au incl. 0.50m at 114.60 g/t Au. Drilling along the R1 Trend was completed at approximately 50-meter centers and extended the known presence of shear-hosted mineralization along 750m of strike length and to depths of 275m below surface. The R1 Trend remains open along strike and at depth.

Figure 2. Long Section of R1 Showing Reported Grade x Thickness Intercepts (g/t Au * m)

Gold mineralization along the R1 Trend is associated with generally E-W trending and steeply north-dipping shear zones. Mineralized structures transect both the multiphase Regnault intrusive complex and surrounding volcanic rocks and are defined by zones of moderate-strong strain, biotite-calcite ± silica-chlorite alteration and disseminated pyrite (locally up to 3-10%). High grade intercepts are characteristically shear-hosted, laminated quartz-carbonate-pyrite veins, often haloed by variably deformed extensional stockwork quartz veining locally containing up to 20% pyrite along with trace chalcopyrite and occasional Au ± Ag tellurides and visible gold.

Figure 3. Core Photo of 21RDD056A: 15.40m at 17.96 g/t Au incl. 7.20m at 36.29 g/t Au

Drilling completed on the R2 Trend has identified gold mineralization along 950m of strike length trending east-northeast and to depths of 350m below surface. High grade gold has been intersected in stacked, shallow north dipping extensional type quartz veins (dominant style for R2 West), and E-W trending, steeply north-dipping shear hosted quartz-carbonate veins (the dominant style of mineralization for R2 East and similar in nature to the R1 Trend). The R2 trend also remains open along strike and down dip.

At R2 West, stepping out on approximately 50-meter centers, drilling demonstrated the presence of several high grade, stacked quartz veins. Hole 21RDD077 drilled approximately 50m to the west of 20RDD002 ( 0.77m at 14.60 g/t Au and 3.75m at 16.06 g/t Au - see press release dated July 29, 2020 ) and returned intercepts of 2.73m at 15.34 g/t Au and 7.50m at 3.06 g/t Au. Hole 21RDD082A drilled approximately 50m to the east of 20RDD002 and returned 1.60m at 28.34 g/t Au, 1.23m at 13.90 g/t Au, 1.19m at 14.12 g/t Au, and 2.81m at 5.81 g/t Au.

The R2 East shear zone is located along the northern margin of R2 West and trends eastward where shearing intersects the volcanic – diorite contact resulting in rheological controlled zones of dilation and vein formation. In this target area drilling followed up on the previous intercept of 20RDD015 ( 4.93m at 9.59 g/t Au see press release July 29, 2020 ). Significant high-grade results at R2 East include 21RDD054, which drilled 50m to the east and 190m down dip of 20RDD015, intersecting 1.01m at 26.33 g/t Au. Broad intervals of mineralization were also encountered, such as 21RDD063, which drilled 160m to the east of 20RDD015 and intersected several mineralized zones including 22.00m at 0.73 g/t Au.

Francis MacDonald , Executive Vice President of Exploration commented, "The summer 2021 Regnault drill program was designed to step-out aggressively from previous intersects along the R1 and R2 vein corridors, down to a vertical depth of approximately 250-350 meters, targeting new mineralized zones within the Regnault gold system. We are very impressed with the exceptional grades over considerable widths from this campaign as well as the strike length which is developing along these structures. The R1 corridor remains open in both directions, and with significant down-dip potential, as the vertical extent has only been tested to 275m depth. Importantly, wider zones of high grade mineralisation are beginning to take shape within the R1 structural corridor which will drive targeting for the upcoming Q1 2022 drill campaign. We also recognize R2 as a very significant target as our understanding of the geometry of shear and extensional veins continues to develop. We look forward to the remainder of the results from outstanding holes, many of which have tested new areas within the Regnault gold system with the goal of establishing new gold-bearing structures.

To date a total of 34,206m has been drilled at Regnault including the initial discovery drill program in early 2020. Following the recently concluded program, which results are partially reported herein, planning has begun for a winter drill program commencing in January 2022 . The upcoming program will conclude the fiscal 2021 budget approved by the Joint Venture in May 2021 . The project is currently operated by Kenorland Minerals Ltd. and exploration is co-funded with joint venture partner, Sumitomo Metal Mining Canada Ltd.

Figure 4. Complete Table of Results

Hole ID		From (m)	To (m)	Interval (m)	Au (g/t)	Ag (g/t)	Residual Au (g/t)
21RDD054		232.00	237.00	5.00	0.72	0.88
	And	299.31	300.32	1.01	26.33	14.16
	And	328.00	336.00	8.00	0.57	0.95
21RDD055		17.00	20.00	3.00	1.51	1.62	0.73
	Incl.	17.60	18.45	0.85	3.48	3.80
	And	156.20	169.00	12.80	0.40	0.26
	And	213.00	215.45	2.45	1.82	1.83	1.26
	Incl.	214.35	214.65	0.30	5.84	4.40
21RDD056A		133.00	148.40	15.40	17.96	12.84	1.87
	Incl.	138.25	145.45	7.20	36.29	25.81
	And	174.50	176.35	1.85	2.86	0.69	1.01
	Incl.	174.95	175.40	0.45	8.62	2.30
21RDD057		192.65	196.00	3.35	2.67	1.67	1.03
	Incl.	193.50	194.15	0.65	9.48	6.10
	And	225.50	246.00	20.50	1.06	0.75	0.91
	Incl.	233.90	234.60	0.70	5.29	3.60
21RDD058		NSV
21RDD059		315.20	327.76	12.56	0.64	0.47
21RDD060		115.60	118.60	3.00	32.21	16.34
21RDD061		76.00	78.50	2.50	4.88	5.91	1.57
21RDD061	Incl.	78.00	78.50	0.50	18.10	23.20
21RDD062		57.10	58.50	1.40	3.77	1.50
21RDD062	And	142.00	144.00	2.00	2.66	3.89
21RDD063		228.00	250.00	22.00	0.73	1.15
	And	268.42	274.00	5.58	1.41	2.54
	And	377.00	381.00	4.00	2.60	3.80	0.67
	Incl.	378.00	379.00	1.00	8.39	12.20
21RDD064		142.00	152.50	10.50	0.98	0.88
21RDD065		41.50	49.00	7.50	3.64	3.18	1.01
	Incl.	44.75	46.50	1.75	12.26	10.02
	And	79.80	82.00	2.20	3.81	4.25
	And	99.00	110.00	11.00	1.95	1.55	1.17
	Incl.	99.50	102.00	2.50	4.61	4.16
	And	132.00	134.00	2.00	8.58	4.83	2.78
	Incl.	132.00	132.50	0.50	26.00	13.80
21RDD066		213.54	221.20	7.66	0.66	1.00
	And	329.75	346.00	16.25	0.77	1.08	0.53
	Incl.	339.50	340.50	1.00	4.52	5.91
	And	366.40	369.00	2.60	3.17	2.69	1.33
	Incl.	367.50	368.50	1.00	6.12	5.00
	And	394.00	397.05	3.05	2.94	3.86	0.91
	Incl.	394.00	394.90	0.90	7.80	8.40
	And	416.00	441.00	25.00	0.31	0.31
21RDD067		136.50	141.50	5.00	6.74	5.65	1.51
21RDD067	Incl.	138.00	140.00	2.00	14.58	11.33
21RDD068		375.00	385.50	10.50	1.58	1.17	1.03
21RDD068	Incl	378.00	381.00	3.00	2.97	2.60
21RDD069		151.35	151.65	0.30	22.30	27.80
	And	159.00	170.00	11.00	1.91	1.29	0.98
	Incl.	166.00	169.30	3.30	4.08	1.71
21RDD070		5.00	19.75	14.75	0.82	0.76	0.41
	Incl.	16.00	17.00	1.00	6.53	5.80
	And	95.50	101.50	6.00	1.08	0.83
21RDD070A		7.50	9.00	1.50	3.20	0.60
	And	102.50	111.00	8.50	0.86	0.53
	And	405.50	408.30	2.80	1.80	1.24	0.87
	Incl.	408.00	408.30	0.30	9.57	6.10
21RDD071A		97.05	98.60	1.55	3.19	7.87
	And	120.00	128.00	8.00	2.05	2.01	0.98
	Incl.	126.45	127.15	0.70	13.20	14.10
21RDD072D		271.40	276.50	5.10	1.18	1.20
	And	403.50	406.00	2.50	2.49	2.50	2.09
	Incl.	405.50	406.00	0.50	4.01	2.70
21RDD073A		145.85	151.50	5.65	0.76	0.92
	And	189.60	194.30	4.70	1.68	2.47	0.87
	Incl.	192.95	193.50	0.55	7.86	13.10
21RDD074		241.75	245.20	3.45	17.53	28.51	1.08
21RDD074	Incl.	243.60	244.10	0.50	114.60	187.30
21RDD075		140.84	141.70	0.86	9.63	12.63
21RDD075	And	188.80	190.00	1.20	6.23	6.08
21RDD076		49.20	60.20	11.00	0.54	0.73
21RDD077		30.50	44.70	14.20	3.91	3.50	1.19
	Incl.	41.50	44.23	2.73	15.34	15.71
	And	167.00	176.00	9.00	0.53	0.64
	And	258.50	266.00	7.50	3.06	3.93	0.88
	Incl.	258.50	259.10	0.60	28.10	37.90
	And	347.52	353.55	6.03	0.69	0.73
21RDD078		22.00	22.50	0.50	36.40	11.60
21RDD078	And	69.00	85.50	16.50	1.27	0.91
21RDD079		94.35	113.20	18.85	1.12	1.48	0.86
	Incl.	94.65	95.50	0.85	6.76	15.56
	And	134.20	134.50	0.30	10.60	8.50
21RDD080		115.30	121.45	6.15	1.16	1.14
21RDD080	And	147.50	152.50	5.00	1.05	1.18
21RDD082A		72.40	74.00	1.60	28.34	39.56
	And	109.77	111.00	1.23	13.90	11.94
	And	130.11	131.30	1.19	14.12	9.82
	And	190.58	193.39	2.81	5.81	6.53	1.53
	Incl.	190.58	191.12	0.54	23.80	24.50
21RDD083		117.50	126.00	8.50	0.86	1.01
21RDD084		213.50	216.00	2.50	1.98	1.39
21RDD086A		73.95	76.00	2.05	2.52	5.00	0.80
21RDD086A	Incl.	73.95	74.50	0.55	7.23	16.20
21RDD087		85.40	90.00	4.60	2.49	2.00	1.76
	Incl.	89.16	89.64	0.48	8.80	4.90
	And	145.39	150.42	5.03	4.67	6.25	1.78
	Incl.	147.35	147.76	0.41	17.10	15.80
	And Incl.	149.90	150.42	0.52	17.70	24.60

Assay intervals reported are core lengths, true widths have not been determined

Figure 5. Drill Collar Table

Hole ID	Easting (NAD83)	Northing (NAD83)	Elevation (m)	Depth (m)	Dip	Azimuth
21RDD054	519119	5620019	377	491.00	-45	328
21RDD055	519585	5620904	375	270.00	-50	162
21RDD056	519581	5620641	376	13.40	-45	350
21RDD056A	519581	5620641	376	186.00	-45	350
21RDD057	519585	5620904	375	285.00	-61	162
21RDD058	518976	5620078	378	272.00	-45	324
21RDD059	519604	5620590	376	414.00	-46	321
21RDD060	519639	5620821	375	162.00	-45	179
21RDD061	519148	5620128	379	356.00	-45	335
21RDD062	519701	5620870	375	267.00	-47	159
21RDD063	519148	5620128	379	513.62	-65	335
21RDD064	519717	5620659	379	234.00	-45	340
21RDD065	519823	5620699	379	261.00	-45	340
21RDD066	519241	5620108	377	512.00	-54	338
21RDD067	519487	5620838	375	198.00	-46	160
21RDD068	519709	5620543	377	492.00	-45	339
21RDD069	519487	5620838	375	252.00	-61	160
21RDD070	519263	5620147	377	260.00	-45	350
21RDD070A	519263	5620147	377	422.00	-45	350
21RDD071	519263	5620793	375	21.00	-45	160
21RDD071A	519263	5620793	375	165.00	-45	160
21RDD072	519519	5620564	377	63.00	-45	329
21RDD072B	519519	5620564	377	69.00	-45	329
21RDD072C	519519	5620564	377	33.00	-45	329
21RDD072D	519519	5620564	377	453.00	-45	329
21RDD073	519263	5620793	375	12.00	-65	160
21RDD073A	519263	5620793	375	255.00	-65	160
21RDD074	519275	5620574	375	312.00	-45	340
21RDD075	518648	5619858	387	224.00	-45	152
21RDD076	519250	5620668	375	201.00	-45	340
21RDD077	518626	5620061	382	408.08	-46	174
21RDD078	519194	5620652	375	150.00	-45	340
21RDD079	519308	5620799	375	159.00	-45	160
21RDD080	519308	5620799	375	231.00	-63	160
21RDD082	518716	5620128	384	32.00	-50	173
21RDD082A	518716	5620128	384	329.00	-50	173
21RDD083	519340	5620837	375	231.00	-46	160
21RDD084	519340	5620837	375	270.00	-61	160
21RDD086	519410	5620800	375	9.00	-45	160
21RDD086A	519410	5620800	375	150.00	-45	160
21RDD087	519410	5620800	375	186.00	-61	160

Qualified Person

Mr. Jan Wozniewski, B. Sc., P. Geo., OGQ (#2239) is the "Qualified Person" under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

About the Frotet Project

The Frotet Project was first identified by Kenorland in 2017 after completing a regional prospectivity study over the Abitibi and Frotet-Evans Greenstone Belts of Quebec . The initial 55,921 ha property was acquired through map staking in March, 2017 and optioned to Sumitomo Metal Mining Canada Ltd. ("SMMCL"), a wholly owned subsidiary of Sumitomo Metal Mining Co., Ltd. in April, 2018. Two years of property-wide systematic till sampling led to a maiden drill program in 2020 which resulted in a significant grassroots discovery at the prospect now named Regnault. The project is currently under Joint Venture agreement between SMMCL and Kenorland Minerals Ltd., with interests being held at 80% and 20% respectively. Under the Joint Venture, exploration is funded pro-rata and Kenorland is presently the operator of the project. Any party which does not contribute and is diluted below a 10% interest, converts its interest to an 2% uncapped net smelter royalty.

Figure 6. Map of Frotet Project showing Regional Till Sampling Geochemical Results

About Kenorland Minerals

Kenorland Minerals Ltd. (TSX.V KLD) is a mineral exploration Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia , Canada. Kenorland's focus is early to advanced stage exploration in North America. The Company currently holds three projects in Quebec where work is being completed under joint venture and earn-in agreement from third parties. The Frotet Project is held under joint venture with Sumitomo, the Chicobi Project is optioned to Sumitomo, and the Chebistuan Project is optioned to Newmont Corporation. In Ontario , the Company holds the South Uchi Project under an earn-in agreement with a wholly owned subsidiary of Barrick Gold Corporation. The Company also owns 100% of the advanced stage Tanacross porphyry Cu-Au-Mo project as well as an option to earn up to 70% from Newmont Corporation on the Healy Project, both located in Alaska, USA .

Further information can be found on the Company's website www.kenorlandminerals.com

Kenorland Minerals Ltd.
Zach Flood
President and CEO
Tel: +1 604 363 1779
zach@kenorlandminerals.com

Kenorland Minerals Ltd.
Francis MacDonald
Executive Vice President
Tel: +1 778 322 8705
francis@kenorlandminerals.com

Cautionary Statement Regarding Forward Looking Statements

This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects', "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the 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.

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SOURCE Kenorland Minerals Ltd.

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Kenorland Options Hunter Project to Centerra Gold Inc

Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) ("Kenorland" or "the Company") is pleased to announce it has entered into a property option agreement (the "Option Agreement") with a wholly owned subsidiary of Centerra Gold Inc. ("Centerra") (TSX: CG) (NYSE: CGAU) pursuant to which Kenorland has agreed to grant to Centerra the option to acquire up to a 70% interest in the Hunter property (the "Project"), located within the southern Abitibi Greenstone Belt, in Quebec.

Zach Flood, CEO of Kenorland Minerals states, "We're looking forward to working with Centerra on the Hunter Project and to kick-off another large-scale systematic greenfields exploration initiative in the Abitibi Greenstone Belt. We believe this prospective region is generally under-explored due to the extensive glacial cover masking the bedrock geology and we look forward to advancing the project towards discovery with our newest partner."

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Kenorland Minerals Reports Geochemical Results at the Chebistuan Project and Provides Exploration Update

Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) (" Kenorland " or " the Company ") is pleased to report results from its recently completed Phase 2 follow-up geochemical survey at the Chebistuan Project (the "Project" ), located in the northern Abitibi greenstone belt of Quebec and held under an exploration agreement with Newmont Corporation. The company further announces additional planned exploration including detailed prospecting and geophysical surveys at one of the priority target areas within the Chebistuan Project.

Program Highlights

The Phase 2 geochemical survey followed up on multiple anomalous areas of interest defined by the initial regional program (Phase 1) in 2020. A total of 2,121 soil samples were collected for geochemical analysis and 225 till samples collected for gold grain analysis. The results of the Phase 1 and Phase 2 surveys have outlined multiple gold and pathfinder element anomalies within the Deux Orignaux AOI (Figure 1), which will be further advanced with upcoming prospecting and detailed geophysical surveys, including airborne magnetics, radiometrics and induced polarization (IP), in preparation for drill targeting.

Zach Flood , President and CEO, states, "This is another step forward and a significant development in the systematic exploration of the Chebistuan Project, one of the largest contiguous land packages in Quebec. We've effectively screened over 170,000 hectares of ground in just over a year and we now have discrete target areas which will see detailed follow-up exploration, including prospecting and geophysical surveys this fall. We look forward to further advancing these targets with support from Newmont Corporation."

Deux Orignaux AOI

Within the Deux Originaux AOI are several target areas spatially associated with the contact between a clastic sedimentary basin (Opemiska Group) and volcanic rocks along a major structural bifurcation in the geometry of the greenstone belt. Multiple second-order structures at oblique angles to the 1 ^st order basin-bounding structure form "horse-tail splay" structural patterns through the AOI, which is prospective for orogenic gold deposits (Figure 2). A helicopter-borne magnetic survey and an IP survey are planned over the Deux Originaux AOI, as well as follow-up prospecting, to further vector in towards drill targets.

QA/QC and Sampling Protocols

Soil samples were collected from the B-horizon of soil developed on a till substrate. Approximately 1 kilogram of material was collected from each sample site and shipped to Bureau Veritas ("BV") in Timmins, Ontario for preparation. Samples were prepared for analysis according to BV method SS230; sieve individual samples to 230 mesh (-63 microns). Samples were analysed at BV in Vancouver, British Columbia with BV method AQ252_EXT; 30 grams of material digested in aqua regia with an ICP-MS finish.

About the Chebistuan Project

The Project consists of 3,000 claims (161,025 ha) owned 100% by Kenorland. The property covers approximately 100 kilometers of a major east-west trending deformation zone which may represent the continuation of the Sunday Lake Deformation Zone, hosting major gold deposits such as Detour Lake (Kirkland Lake Gold Ltd.) and Fenelon (Wallbridge Mining Company Ltd.). The Chibougamau and Chapais mining camps, which have produced over 6.5 Moz of gold and 1.6 billion pounds of copper historically, are located directly to the east of the Chebistuan property. The project is largely covered with glacial till and is accessed by a large network of logging roads as well as helicopter.

The Project is currently under an Exploration Agreement with Venture Option with Newmont Corporation. The Agreement provides an option for a two-phased exploration earn-in over 3 years, where Newmont can earn a 51% interest in the Chebistuan Project through certain exploration expenditures and cash payments to Kenorland. The initial phase of the agreement consists of a property- wide geochemical sampling program, target definition and testing. Newmont then has the option to earn an additional 29% interest for a cumulative 80% interest (phase two earn-in) in the Chebistuan Project over 6 years by completing a 43-101 compliant pre-feasibility study on a minimum 1.5 Moz Au resource as well as meeting certain cash payments to Kenorland. The parties may continue to explore and develop the property through an 80% Newmont, 20% Kenorland joint venture or, in the case of a construction decision, Kenorland can elect for Newmont to finance its portion of mine development cost. If Newmont elects not to continue with the phase two earn in, then ownership interest in the project will switch to 51% Kenorland and 49% Newmont.

Qualified Person

Mr. Jan Wozniewski , B. Sc., P. Geo., OGQ (#2239) is the "Qualified Person" under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

About Kenorland Minerals

Kenorland Minerals Ltd. (TSX.V KLD) is a mineral exploration Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia , Canada. Kenorland's focus is early to advanced stage exploration in North America . The Company currently holds three projects in Quebec where work is being completed under joint venture and earn-in agreement from third parties. The Frotet Project is held under joint venture with Sumitomo Metal Mining Canada Ltd. (SMMCL), the Chicobi Project is optioned to SMMCL, and the Chebistuan Project is optioned to Newmont Corporation. In Ontario the Company holds the South Uchi Project under an earn-in agreement with a wholly-owned subsidiary of Barrick Gold Corporation. The Company also owns 100% of the advanced stage Tanacross porphyry Cu-Au project as well as an option to earn up to 70% from Newmont Corporation on the Healy Project, both located in Alaska, USA .

Further information can be found on the Company's website www.kenorlandminerals.com

Kenorland Minerals Ltd.
Zach Flood
President and CEO
Tel: +1 604 363 1779
zach@kenorlandminerals.com

Kenorland Minerals Ltd.
Francis MacDonald
Executive Vice President
Tel: +1 778 322 8705
francis@kenorlandminerals.com

Cautionary Statement Regarding Forward Looking Statements

This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects', "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the 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.

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SOURCE Kenorland Minerals Ltd.

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Kenorland Minerals Reports Geochemical Results at the Chicobi Project and Provides Exploration Update

Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) (" Kenorland " or " the Company ") is pleased to report geochemical results from its third phase of sonic 'drill-for-till' geochemical sampling program at the Chicobi Project (the "Project" ), located in the Abitibi greenstone belt of Quebec and held under an earn-in option to joint venture agreement with Sumitomo Metal Mining Canada Limited (SMMCL). The company is further pleased to announce the commencement of detailed geophysical surveys in preparation for diamond drill targeting, tentatively scheduled for Q1 2022.

Kenorland, along with SMMCL, has been exploring the Chicobi Project since 2019 using overburden drilling methods to sample glacial till and top of bedrock below the layer of glaciolacustrine clay that obscures vast areas of the northern Abitibi greenstone belt. To date, three phases of sonic drilling, totaling 441 drill holes have been completed across the Project producing ~1,500 samples for gold grain counts, heavy mineral concentrate assays, and till geochemistry assays. These drill campaigns have systematically screened the property from the regional scale, covering over 50,000 hectares, down to a coherent gold and multi-element till anomaly (Target B) of approximately 1.5km x 3km in extent.

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Agnico Eagle to Acquire O3 Mining in Friendly Transaction

All cash offer of $1.67 per share representing a 58% premium to O3 Mining's closing price on December 11, 2024
Offer unanimously recommended by Board and Special Committee of O3 Mining and supported by shareholders representing 22% of outstanding shares of O3 Mining

(All amounts expressed in Canadian dollars unless otherwise noted)

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (" Agnico Eagle ") and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (" O3 Mining ") are pleased to jointly announce that they have entered into a definitive support agreement (the " Definitive Agreement "), pursuant to which Agnico Eagle has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of O3 Mining (the " Common Shares ") at $1.67 per Common Share in cash by way of a take-over bid (the " Offer "). The Offer is valued at approximately $204 million on a fully diluted in-the-money basis.

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Ore Purchase Agreement with Westgold Resources Unlocks Gold Production from Crown Prince

New Murchison Gold Limited (ASX: NMG) (“NMG” or the “Company”) is pleased to announce that it has entered into a binding agreement with Big Bell Gold Operations Pty Ltd (BBGO), a wholly-owned operating subsidiary of Westgold Resources Limited (ASX: WGX, TSX: WGX, OTCQX: WGXRF) (Westgold) in relation to the purchase of gold ore from the Crown Prince deposit.

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Shareholder type:	How do I tender my Common Shares to the Agnico Eagle Offer?
Beneficial Most O3 Mining shareholders are beneficial shareholders. This means your Common Shares are held through a broker, bank or other financial intermediary, and you do not have a share certificate or DRS advice.	Contact your bank or your broker immediately and instruct them to tender your Common Shares to the Offer.
Registered You are a registered shareholder if you hold your Common Shares directly and may have a share certificate or DRS advice.	Contact Laurel Hill Advisory Group: Phone: 1-877-452-7184 Email: assistance@laurelhill.com

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