Kenorland Intersects 11.96 g/t Au over 4.45m on R11 Deep Vein Discovery at the Frotet Project, Quebec, Provides Updated Geologic Model
Kenorland Intersects 11.96 g/t Au over 4.45m
on R11 Deep Vein Discovery at the Frotet
Project, Quebec, Provides Updated Geologic
Model
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2023) -
Kenorland Minerals Ltd.
(TSXV:
KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("
Kenorland
"
or the "
Company
") is pleased to announce final
drill results from the 2023 winter drill program at 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 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 drill program and exploration activities planned to begin in September.
Highlights include the following:
Newly discovered R10 and R11 deep zones extended to over 500m along strike
23RDD172:
2.56 g/t Au over 41.85m incl. 11.96 g/t Au over 4.45m
at R11 (new vein discovery)
23RDD166:
3.28 g/t Au over 24.70m incl. 26.09 g/t Au over 1.77m and incl. 34.50 g/t Au over
0.35m
at R5
23RDD169:
98.80 g/t Au over 0.35m
at R5 and
5.31 g/t Au over 7.00m incl. 36.30 g/t Au over
0.60m
at R6
23RDD170:
6.25m at 3.74 g/t Au incl. 9.18 g/t Au over 0.80m
at R6
Updated geologic model of the Regnault vein system defining R1-R11 vein sets
Figure 1. Plan map of Regnault drilling including highlights from this press release
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6489/176227_347b9e5ab4f7c920_001full.jpg
Zach Flood, President and CEO of Kenorland, states,
"The 2023 winter drill program was a great
success highlighted by the discovery of multiple high-grade gold bearing structures intersected in the
deepest drilling to date. The scale of this project is reaching critical mass and I believe the value of
this will become recognized over time."
Discussion of Results
The reported intersections are the final 8 drill hole results from the 15-hole 2023 winter drill program at
Regnault*. The majority of drilling was designed with broad step outs to follow up on multiple new vein
discoveries of the 2022 program, including an area of limited drilling between the R5-R6-R7-R8
discoveries and the R2-R3 structures. Mineralisation was intersected across multiple structures, linking
these two vein corridors for a combined strike length of 1.8 kilometers.
(*
See press release dated May
31, 2023)
Additional deep drilling was completed to explore for sub-parallel structures south of known mineralised
zones within the Regnault intrusive complex. These deep holes were successful in discovering new vein
systems at vertical depths of up to 1,000m (R9, R10 and R11 structures) and intersected mineralisation
over strike lengths of up to 450m, remaining open in multiple directions. The intersections of high-grade
gold mineralisation, including
4.45m at 11.96 g/t Au
in 23RDD172, demonstrate the continued
exploration potential of the Regnault system at depth.
Figure 2. Cross section through the Regnault gold system
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6489/176227_347b9e5ab4f7c920_002full.jpg
Drill hole intersections along the R1-R5 structures include 23RDD169 which returned
0.35m at 98.80 g/t
Au
. This hole extends mineralisation on the R5 structure at 300m vertical depth, and the structure at this
area notably remains open at depth.
Drill hole 23RDD169 also tested parallel structures in the area of limited drilling between R2-R3 and the
R5-R6-R7-R8 discoveries, returning
7.00m at 5.31 g/t Au, including 0.60m at 36.30 g/t Au
. Along with
intersections in 23RDD166 of
24.70m at 3.28 g/t Au including 0.35m at 34.50 g/t Au
and
1.77m at
26.09 g/t Au
as well as
23RDD168 of 4.89m at 3.00 g/t Au including 0.33m at 34.30 g/t Au
, a link
between the structures is indicated at the 300-375m vertical depth with mineralisation notably remaining
open at depth on these trends.
Deep drilling testing for additional deep sub-parallel structures was successful, with drill hole 23RDD172
intersecting
0.34m at 31.70 g/t Au
at 650m depth from surface and
41.85m at 2.56 g/t Au including
4.45m at 11.96 g/t Au
at 1000m depth from surface. These intercepts confirm the significance of the
new vein discoveries. Along with previously reported 2023 winter results including 23RDD159 which
returned 4.75m at 5.97 g/t Au and 1.20m at 55.70 g/t Au, and 23RDD162 returning 2.01m at 5.25 g/t Au*
on the R11 mineralised structure, a strike length of at least 450m is indicated, attesting to the continued
potential of the Regnault system at depth.
(*
See press release dated May 31, 2023)
Figure 3. Plan view (looking down dip) of the Regnault gold system
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6489/176227_347b9e5ab4f7c920_003full.jpg
Gold mineralisation of the Regnault vein system is associated with multiple east-west trending and north-
dipping shear zones. Mineralised 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 ranging from 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, Au ± Ag tellurides and visible gold.
Geological Modelling
Systematic 3D modelling was done at the Regnault system, utilizing logged geological data, core-
oriented structural and geochemical information. The broad exploration step outs of the 2023 winter
drilling have allowed for definition of important structural geometries in key areas hosting high grade
quartz-sulphide veins. Principal outcomes include: the presence and sub parallel nature of the newly
discovered R8-R9-R10-R11 structures, clear link between the R2-R3 and R5-R6-R7-R8 structures, and
confirmation of the projected geometry of the Regnault intrusive complex at depth. This improved
understanding of the system and orientation of mineralised zones indicates the potential for multiple
mineralised structures of significant strike length within the Regnault system.
Regnault Summer 2023 Drill Program Update
At the conclusion of the 2023 winter drill program, a total of 70,356m over 173 holes have been drilled to
date at Regnault, beginning with the discovery drill program in 2020. The upcoming fall drill program,
anticipated to begin in mid-September, will include up to 11,300m of diamond drilling. A large-scale
surface geochemical program, including the collection of ~1200 soil samples (glacial till substrate), will
also be completed immediately to the east of the Regnault discovery to define additional targets for drill
testing next winter.
Table 1. Table of remaining results from the 2023 winter drill program
HOLE ID
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
Residual Au (g/t)
23RDD165A
91.20
93.65
2.45
2.83
2.62
And
298.30
305.05
6.75
1.34
1.26
And
309.30
313.80
4.50
3.50
2.64
2.55
Incl.
310.70
311.20
0.50
11.10
6.90
And
354.75
356.75
2.00
3.39
4.18
1.26
Incl.
356.25
356.75
0.50
9.77
12.80
And
485.95
489.85
3.90
4.10
8.42
1.90
Incl.
488.65
489.35
0.70
14.20
33.90
And
534.53
536.00
1.47
5.68
8.80
And
552.40
555.80
3.40
2.39
2.53
1.36
Incl.
553.40
554.10
0.70
6.36
4.30
23RDD166
55.50
63.50
8.00
1.36
2.23
And
475.00
499.70
24.70
3.28
3.60
1.01
Incl.
477.75
478.10
0.35
34.50
6.70
And Incl.
496.05
497.82
1.77
26.09
32.20
And
846.50
852.80
6.30
1.66
1.87
23RDD168
87.47
89.10
1.63
6.22
5.04
3.13
Incl.
87.47
87.78
0.31
19.40
16.90
And
383.26
388.15
4.89
3.00
1.51
0.74
Incl.
383.26
383.59
0.33
34.30
15.50
23RDD169
119.35
121.70
2.35
2.84
3.59
And
339.15
339.50
0.35
98.80
65.80
And
512.50
519.50
7.00
5.31
6.45
2.41
Incl.
516.50
517.10
0.60
36.30
48.30
And
672.20
675.00
2.80
1.79
1.03
23RDD170
480.75
487.00
6.25
3.74
4.61
2.94
Incl.
485.10
485.90
0.80
9.18
16.40
23RDD171
441.80
446.10
4.30
1.22
0.96
23RDD172
393.40
407.00
13.60
0.41
0.45
And
452.52
452.95
0.43
20.50
33.94
And
779.76
780.10
0.34
31.70
31.78
And
848.50
859.75
11.25
0.95
1.03
And
1032.32
1038.00
5.68
1.45
0.91
1.12
Incl.
1035.53
1036.40
0.87
3.27
2.17
And
1075.80
1082.74
6.94
1.28
1.30
1.03
Incl.
1076.67
1077.37
0.70
3.53
2.73
And
1149.50
1191.35
41.85
2.56
2.46
1.45
Incl.
1182.75
1187.20
4.45
11.96
7.87
And
1403.65
1414.70
11.05
1.03
1.26
23RDD173
190.50
193.90
3.40
1.36
1.23
*Assay intervals reported are core lengths, true widths have not been determined
**Residual Au (g/t) represents the average grade of the drill hole interval excluding the highlighted internal interval
Table 2. Drill collar table of reported remaining drill holes from the 2023 winter drill program
Hole ID
Easting (NAD83)
Northing (NAD83)
Elevation (m)
Depth (m)
Dip
Azimuth
23RDD165
519501
5620929
374
257.00
-66
161
23RDD165A
519501
5620929
374
713.00
-66
161
23RDD166
519288
5620762
374
1000.50
-55
156
23RDD168
519241
5620564
374
800.00
-56
156
23RDD169
519370
5620832
375
750.00
-60
162
23RDD170
519193
5620717
375
510.00
-56
154
23RDD171
519388
5620690
375
555.00
-58
154
23RDD172
519524
5620564
376
1614.00
-59
156
23RDD173
519572
5620849
374
479.00
-67
163
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., 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 the 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 4. Map of Frotet Project showing regional till sampling geochemical results
To view an enhanced version of this graphic, please visit:
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QA/QC and Core Sampling Protocols
All drill core samples were collected under the supervision of Kenorland employees. Drill core was
transported from the drill platform to the logging facility where it was logged, photographed, and split by
diamond saw prior to being sampled. Samples were then bagged, and blanks and certified reference
materials were inserted at regular intervals. Groups of samples were placed in large bags, sealed with
numbered tags in order to maintain a chain-of-custody, and transported from Chibougamau to Bureau
Veritas Commodities ("
BV
") laboratory in Timmins, Ontario.
Sample preparation and analytical work for this drill program were carried out by BV. Samples were
prepared for analysis according to BV method PRP70-250: individual samples were crushed to 2mm
(10 mesh) and a 250g split was pulverized to 75μm (200 mesh) for analysis and then assayed for gold.
Gold in samples were analyzed using BV method FA430 where a 30g split is analyzed with fire assay by
Pb collection and AAS finish. Over-limits gold samples were re-analyzed using BV method FA530
where a 30g split is analyzed with fire assay by Pb collection and gravimetric finish. Multi-element
geochemical analysis (45 elements) was performed on all samples using BV method MA200 where a
0.25g split is by multi-acid digest with ICP-MS/ES finish. All results passed the QA/QC screening at the
lab, all company inserted standards and blanks returned results that were within acceptable limits.
Qualified Person
Cédric Mayer, M.Sc., P.Geo. (OGQ #02385), "Qualified Person" under National Instrument 43-101, has
reviewed and approved the scientific and technical information in this press release.
About Kenorland Minerals Ltd.
Kenorland Minerals Ltd. (TSXV: 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 five projects in
Quebec where work is being completed under joint venture and earn-in agreements from third parties.
The Frotet Project and Chicobi Project are held under joint venture with Sumitomo, the O'Sullivan Project
is optioned to Sumitomo, the Chebistuan Project is optioned to Newmont Corporation and the Hunter
Project is held under option to Centerra Gold Inc. In Alaska, the Company holds the advanced stage
Tanacross porphyry Cu-Au-Mo project, optioned to Antofagasta, as well as a 70% interest in the Healy
Project, held under joint venture with Newmont Corporation.
Further information can be found on the Company's website
www.kenorlandminerals.com
Kenorland Minerals Ltd.
Zach Flood
President, CEO and Director
Tel: +1 604 568 6005
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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