Kenorland Minerals Files NI 43-101 Technical Report on the Frotet Project, Quebec
Kenorland Minerals Files NI 43-101 Technical
Report on the Frotet Project, Quebec
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) -
Kenorland Minerals Ltd.
(TSXV:
KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("
Kenorland
" or the "
Company
") is pleased to announce that,
further to its news release dated December 16, 2025, it has filed an NI 43-101 Technical Report for the
Frotet Project (the "
Project
") on SEDAR+ (
www.sedarplus.ca
). The report, titled "NI 43-101 Technical
Report, Frotet Project-Regnault Deposit, Chibougamau, Quebéc, Canada", presents an initial Mineral
Resource Estimate at the Regnault gold deposit. The mineral resources estimate contains 14.5 Mt @
5.47 g/t Au for 2.55 million ounces of gold in the inferred category. Kenorland Minerals hold a 4% net
smelter return royalty on the Project, which is 100% owned and operated by Sumitomo Metal Mining
Canada Ltd ("
Sumitomo
").
The Technical Report has an effective date of November 30, 2025, and a report date of January 29,
2026. Marie-Christine Gosselin, P.Geo., géo., a Qualified Person with SLR Consulting (Canada) Ltd.
and a registered member of the Ordre des Géologues du Québec (OGQ #02060), acted as a Qualified
Person as defined under NI 43-101. The report is available under Kenorland's profile on SEDAR+.
About Frotet Project
The Project covers 38,930 hectares of the Frotet-Evans greenstone belt within the Opatica geological
sub-province of Quebec. The property is adjacent to the past-producing Troilus Mining Corporation's Au-
Cu mine (9.32Moz Au Indicated Mineral Resource) and covers several major deformation zones
associated with known orogenic gold prospects, as well as stratigraphy hosting VMS deposits
elsewhere in the belt. Kenorland initially staked the Project in 2017 and then entered into a joint venture
and earn-in agreement with Sumitomo in 2018.
The Project includes the Regnault gold deposit, a greenfields discovery made by Kenorland and
Sumitomo in 2020 following two years of systematic exploration. Since the initial discovery, Regnault has
seen extensive exploration, totaling 131,713 metres of drilling (296 drill holes) to date and hosts an
Inferred Mineral Resource of 14.5 Mt at 5.47 g/t Au for 2.55 Moz of gold.
On February 19, 2024, Kenorland closed a transaction to exchange its 20% participating interest in the
Frotet Joint Venture with Sumitomo to a 4% NSR Royalty.
The Project is located 100 kilometres to the north of Chibougamau, Quebec. Favorable infrastructure
exists in the project area with an extensive forestry road network as well as the Route-du-Nord crossing
the southwestern portion of the property. A power transmission line also crosses through the property
which supplied power to the past producing Troilus mine.
About Kenorland Minerals
Kenorland Minerals Ltd. (TSXV: KLD) is a well-financed mineral exploration company focused on project
generation and early-stage exploration in North America. Kenorland's exploration strategy is to advance
greenfields projects through systematic, property-wide, phased exploration surveys financed primarily
through exploration partnerships including option to joint venture agreements. Kenorland holds a 4% net
smelter return royalty on the Frotet Project in Quebec, which is owned by Sumitomo Metal Mining
Canada Ltd. The Frotet Project hosts the Regnault gold system, a greenfields discovery made by
Kenorland and Sumitomo Metal Mining Canada Ltd. in 2020, which contains an Inferred Mineral
Resource of 14.5 Mt at 5.47 g/t Au for 2.55 Moz of gold. Kenorland is based in Vancouver, British
Columbia, Canada.
Further information can be found on the Company's website
www.kenorlandminerals.com
On behalf of the Board of Directors,
Zach Flood
President, CEO & Director
For further information, please contact:
Alex Muir, CFA
Corporate Development and Investor Relations Manager
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/281998