kenorland

Kenorland Extends Till Anomaly and Commences 3D IP Survey at Regnault

 
 

Kenorland Minerals Ltd. ("Kenorland" or "the Company") is pleased to report additional geochemical sampling results, including fine-fraction geochemistry, gold grain counts, as well as boulder assays from the fall 2020 exploration program at the Regnault target within the Frotet Project (the "Project" ) located in the Frotet-Evans greenstone belt of Quebec . All samples were collected to the southwest of the Regnault Discovery Area where the company intersected 29.08m at 8.47gt Au including 11.13m at 18.43gt Au on the initial first pass drill program in early 2020 (see press release dated July 29, 2020 ). In addition, a 129 line-kilometer 3D induced polarization (IP) geophysical survey covering the entire five kilometer Regnault trend is currently underway.

 

  Geochemistry Highlights:  

 

   Fine-fraction till geochemistry:   1,230 fine fraction, B-horizon soil samples, with an approximate 50m x 100m spacing were collected covering the Regnault South Area. The Regnault fine-fraction Au-in-till anomaly has been increased in length from 2.75 kilometers to 5 kilometres.

 

   Gold grain counts:   59 till samples returned up to 313 pristine gold grains in the Regnault South Area and suggest that additional mineralized bedrock sources may be located to the southwest of the Regnault Discovery Area. 14 samples returned over 50 grains and 4 samples over 100 grains.

 

   Boulder sampling:   Boulder samples returned gold values up to 6.46 g/t Au with best gold values found in bleached, silicified basalt, a rock type that has not been intersected in drilling to date and represents a potential new bedrock source of gold.

 

  2021 IP Survey  

 

Additionally, Kenorland has commenced a 129 line-kilometer 3D induced polarisation (IP) survey over the entire five kilometer long glacial dispersion plume. The original IP survey that was conducted in January 2020 , which was critical in targeting within the initial Regnault Discovery Area, had a line spacing of 200m . The current IP survey has a line spacing of 50m over the Regnault Discovery Area and 100m line spacing over the Regnault South area.

 

The 2021 IP survey has two objectives: target definition in areas where gold was intersected in initial scout drilling within the Regnault Discovery Area, as well as identification of new targets within the Regnault South Area, where no drilling has been completed to date.

 

  Q1 2021 Exploration Program  

 

The 3D IP survey will be carried out from January to early February. Data processing and drill targeting will occur in February in preparation for the planned 9,000m diamond drill program beginning in March. Approximately 6,000m of drilling will be allocated to the Regnault Discovery Area, following up on previously intersected mineralization, while an additional 3,000m will be allocated to testing new target areas along trend at Regnault South.

 
 

  Figure 1. Geology, fine fraction geochemistry, and gold grain counts along the Regnault trend (CNW Group/Kenorland Minerals Ltd.) 

 
 
 

  Figure 2. IP survey outline along the Regnault trend (CNW Group/Kenorland Minerals Ltd.) 

 
 

  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.

 

10 kilogram till samples from the C-horizon of glacial till. Samples were processed by IOS Services Geoscientifique Inc. in Chicoutimi, Quebec using their ArtGOLD and ArtPHOT methodologies. Samples were wet sieved to the -1mm fraction and run through a fluidized bed to concentrate heavy minerals. Heavy mineral concentrates were sieved to the -50um fraction and attached to a carbon puck, then scanned with a high-resolution optical camera to identify gold grains and their morphologies (ArtPHOT technique). Gold grains that were recognized with the automated photo recognition were scanned with a research-grade scanning electron microscope to confirm the composition. All gold grain counts referred to in the press release have been normalized to 10 kilograms of table feed.

 

  Qualified Persons  

 

  Janek Wozniewski , P.Geo. (OGQ #2239), Exploration Manager of Kenorland Minerals Ltd., Qualified Person under NI 43- 101 on standards of disclosure for mineral projects, has reviewed and approved the technical content of this 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. The Frotet-Evans greenstone belt hosts the Troilus Au-Cu deposit which produced  more than two million ounces of gold of and ~70,000 tons of Cu from 1996-2010 and currently contains 3.97Moz Au indicated and 1.53Moz Au inferred (Troilus Gold website). The initial 55,921 ha property was acquired through map staking in March, 2017 and then optioned to SMMCL in April, 2018. The two staged earn-in agreement allows SMMCL to earn 65% by funding C$4.3 million in expenditures over an initial three years. SMMCL has currently exercised the initial option and holds a 65% interest in the Project. SMMCL then has the option to earn an additional 15% (80% total) by funding another C$4 million over the following year. Once a joint venture is formed, pro rata funding begins and any party diluted below a 10% interest will convert their interest to a 2% uncapped net smelter royalty.

 

  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 where work is being completed under an earn-in agreement from third parties. The Frotet and Chicobi Projects, which are both located in Quebec, Canada , are optioned to Sumitomo Metal Mining Canada Ltd. and the Chebistuan Project, also located in Quebec , is optioned to Newmont Mining. 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  

 

  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.   

 
 

  Kenorland Minerals Ltd. Logo (CNW Group/Kenorland Minerals Ltd.) 

 
 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/kenorland-extends-till-anomaly-and-commences-3d-ip-survey-at-regnault-301210522.html  

 

SOURCE Kenorland Minerals Ltd.

 

 

 

 Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/January2021/19/c1631.html  

 
 

News Provided by Canada Newswire via QuoteMedia

The Conversation (0)
Gold bars with text: "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Avanti Gold Gains 158 Percent on Misisi Settlement

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Statistics Canada released its June Labour Force Survey on Friday (July 11). The data indicated that 83,000 new jobs were added to the workforce, led by 34,000 new employees in the wholesale and retail trade category and a 17,000 worker rise in the healthcare and social assistance category.

In other positive news for the Canadian job market, the overall employment rate rose by 0.1 percent to 60.9 percent, while the unemployment rate declined by 0.1 percent to 6.9 percent.

Keep reading...Show less
Gold bar on nuggets with "5 Top Australian Mining Stocks" text overlay.

Top 5 Australian Mining Stocks This Week: Yandal Shares Double on Arrakis Drilling Results

Welcome to the Investing News Network's weekly round-up of Australia’s top-performing mining stocks on the ASX, starting with news in Australia's resource sector.

This week's top-performing stocks list is dominated by oil and gas companies, alongside gold and lithium companies.

In Australian mining news, the Fair Work Commission ruled that BHP (ASX:BHP,NYSE:BHP,LSE:BHP) must raise the wages of 2,200 workers at three coal mines in Queensland. The workers in question were employed indirectly through a hiring firm and were being paid significantly less than their peers working directly under BHP.

The case was brought by two worker's unions and based on the Same Job, Same Pay reforms made by the government last year. To align wages, the FWC ruled BHP must raise the labour hire employees' wages by AU$30,000 each.

Keep reading...Show less
Pilbara region, Western Australia, Australia.

Pilbara 2.0: Inside Australia’s Newest Gold Frontier

The Central Pilbara region of Western Australia is undergoing a quiet revolution that is rapidly reshaping the global gold exploration landscape.

Once dismissed as a technically challenging and geologically inconsistent terrain, Pilbara is now emerging as one of the world’s most exciting new gold frontiers and drawing serious attention from institutional investors, driven by transformative discoveries, a maturing geological model and a wave of junior explorers tapping into underexplored intrusive-hosted systems.

Anchored by the multimillion-ounce Hemi discovery — one of the most significant gold finds in Australia in over a decade — this region is not just proving its geological potential, but also demonstrating the kind of scale, consistency and margin profile that modern gold investors seek. As the discovery window remains wide open and valuations are still accessible, the Central Pilbara presents a rare opportunity for early exposure to what may become one of Australia’s next tier-one gold districts.

Keep reading...Show less
A mining truck within the outline of Australia's map on a clear day.

Is Australia on the Brink of a New Mining Super Cycle?

Mining remains as a cornerstone of Australia’s GDP and export earnings, but current global challenges such as trade disputes and price changes may be straining its foundations.

A recent FocusEconomics report tackled Australia’s resource wealth, tracing from the gold rushes of the 1850s to the iron ore and coal booms of the 21st century.

Keep reading...Show less
Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

 
  •   High-grade gold intercepts highlighted by 15.5 m at 2.30 g/t Au, incl. 8.3 m at 3.43 g/t Au at the Road Cut Zone  
  •  
  •   Initial drilling on the gap between Jagger and Road Cut Zone confirms target structure, warrants further testing  
  •  
  •   Current drill phase complete; Geological modelling and planning underway for 15,000 m drill program expected to begin in H2 2025  
  •  

 

 Kobo Resources Inc. (" Kobo" or the " Company ") ( TSX.V: KRI ) is pleased to report additional diamond drill results from the Road Cut Zone at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire. Results from these holes continue to strengthen the Company's understanding of the key structural controls that define this prospective target area.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×