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 [...]
Kenorland Minerals Ltd. is pleased to announce that the 2024 winter exploration program at the Frotet Project , located in Northern Quebec, is complete. Kenorland currently holds a 4% net smelter return royalty and is temporary operator on the Project. Zach Flood, President and CEO, states, "The completion of the 2024 winter drill program marks a major project milestone as total drilling eclipsed 100,000 meters and over [...]
Kenorland Minerals Ltd. is pleased to announce that the TSX Venture Exchange has accepted the Company's notice to implement a normal course issuer bid . The NCIB will commence on April 8, 2024 and terminate on the earliest to occur of April 7, 2025, the date on which the maximum number of Shares that can be acquired pursuant to the NCIB have been purchased, or such earlier date on which the Company provides notice of [...]
Kenorland Minerals Ltd. announces that Antofagasta PLC has terminated the Tanacross earn-in option to joint venture agreement dated July 19, 2022 and Kenorland remains the 100% owner of the Tanacross Project , located in Eastern Alaska, USA. Zach Flood, President and CEO states, "We greatly appreciate the efforts made by Antofagasta to advance the Tanacross Project with us over the last two years. During that period, we [...]
Kenorland Minerals Ltd. is pleased to announce that the Company was approved for a $300,000 grant from the Manitoba Mineral Development Fund to support Kenorland's exploration program at the South Thompson Project , located in the Thompson Nickel Belt in Manitoba, Canada. Funded by the Government of Manitoba and administered by the Manitoba Chambers of Commerce, the purpose of the MMDF is to increase mineral and economic [...]
Kenorland Minerals Ltd. is pleased to announce that the Company was approved for a $200,000 grant from the government of Ontario under the Ontario Junior Exploration Program on July 17, 2023 and received the final tranche of funds on March 7, 2024. The OJEP program is designed to promote early-stage exploration in Ontario, whereby companies can receive up to $200,000 per project to cover 50% of eligible exploration costs [...]
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' as it relates to certain non-cash transactions completed by the Company and to retain its 10.1% interest in the Company. An aggregate of 24,075 common shares will be issued at a price [...]
Kenorland Minerals Ltd. is pleased to announce results from its 2023 large-scale geochemical and prospecting surveys targeting gold, nickel-copper, and lithium mineral systems at its 100% owned South Uchi Project , located 45 kilometers along strike to the east of Kinross Gold's Great Bear Project in the Red Lake District of northwestern Ontario. South Uchi Highlights: Widespread gold-in-till anomaly at the Papaonga [...]
Kenorland Minerals Ltd. is pleased to announce that is has received UL 2723 ECOLOGO® Certification for Mineral Exploration Companies and is authorized to use the UL ECOLOGO® certification mark. The Company successfully completed the final stage of the certification process, which includes audit results, use of the UL ECOLOGO® mark, and registration in UL's SPOT sustainable product database. Zach Flood, CEO and President [...]
Kenorland Minerals Ltd. is pleased to announce final drill results from the 2023 fall drill program at the Frotet Project , located in northern Quebec. The Company also announces that, further to its press release dated January 16, 2024, it has completed the exchange with Sumitomo Metal Mining Canada Ltd. of the Company's 20% participating interest in the Frotet Project for a 4.0% net smelter return royalty on all [...]
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