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 [...]
Kenorland Minerals Ltd. is pleased to announce the commencement of diamond drilling at the O'Sullivan Project , located in the Abitibi greenstone belt of Quebec and held under an option agreement with Sumitomo Metal Mining Canada Ltd. . Q1 2024 Winter Exploration Program Budget A total budget of C$1.71 million has been approved by Sumitomo for the Winter 2024 exploration program. The maiden drill program will include up [...]
Kenorland Minerals Ltd. is pleased to announce the commencement of the 2024 winter exploration program at the Frotet Project , located in northern Quebec. The Company recently entered into a definitive agreement to exchange its 20% interest in a joint venture with Sumitomo Metal Mining Canada Ltd. for a 4% NSR royalty . Kenorland is currently the operator of the Project and expects to close the asset exchange with [...]
Kenorland Minerals Ltd. is pleased to announce that it has entered into two option agreements to acquire a 100% interest in the Stormy Project and the Goldstorm Project located within the Western Wabigoon geologic subprovince of Ontario, Canada, near the Company's Western Wabigoon Project . Figure 1. Geological map illustrating Kenorland's project locations in the West Wabigoon Subprovince To view an enhanced version of [...]
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 [...]