Kenorland Minerals Identifies Significant Gold-in-Till Geochemical Anomaly at the 100% Owned South Uchi Project in the Red Lake District of Northwestern Ontario
Kenorland Minerals Identifies Significant
Gold-in-Till Geochemical Anomaly at the 100%
Owned South Uchi Project in the Red Lake
District of Northwestern Ontario
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2024) -
Kenorland Minerals Ltd.
(
TSXV:
KLD
) (
OTCQX: KLDCF
) (
FSE: 3WQ0
) ("
Kenorland
" or the "
Company
") 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 (the "
Project
"), located 45 kilometers
along strike to the east of Kinross Gold's Great Bear Project (formerly, Dixie Lake) in the Red Lake
District of northwestern Ontario.
South Uchi Highlights:
Widespread (~40km
2
) gold-in-till anomaly at the Papaonga target area (see Figure 2)
Strong multi-element signature associated with gold anomalism (Au-Ag-Te-W±As-Sb)
Located in the Confederation Assemblage volcanics within the Red Lake Mining District
Complex structural and geologic setting, prospective for orogenic gold systems
Limited historical exploration within the target area, including no historical drilling
Detailed follow-up exploration program planned in 2024 to generate drill targets
Figure 1. Regional volcanic assemblages with significant gold deposits and South Uchi Project
location
1
Kinross reports 2023 fourth-quarter and full-year results: (Date February 14, 2024) — Updated resource to the technical report titled Great Bear
Project Ontario, Canada prepared by Nicos Pfeiffer, P.Geo,, John Sims, CPG, Yves Breau, P.Eng., Rick Greenwood, P.Geo., Agung Prawasono,
P.Eng., issued February 13, 2023
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Papaonga Target Area (Gold)
Since regaining 100% control of the South Uchi Project in January 2023 (see press release dated
January 19, 2023), Kenorland has completed a large-scale geochemical sampling survey including
approximately 2,800 fine fraction till samples, 700 heavy mineral concentrate ("
HMC
") till samples, and
630 rock samples. The survey focused on a number of different mineral system targets (Au, Ni-Cu, Li)
across the 83,385-hectare property. Results from the fine fraction till sampling identified the Papaonga
target, defined by a large-scale, coherent gold-in-till anomaly and a strong multi-element signature of Au-
Ag-Te-W±As-Sb. The Papaonga gold-in-till anomaly covers approximately five kilometers striking east-
west and eight kilometers northeast-southwest following the prominent ice flow direction. There has been
very limited historical exploration, and no historical drilling has occurred within the geochemical source
target area.
Figure 2.
Map of Papaonga target area showing regional till sampling geochemical results
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Zach Flood, President and CEO, comments
, "The gold anomaly we've outlined at the Papaonga target
is one of the most extensive anomalies we've identified to date, after completing several large-scale
systematic geochemical surveys in glaciated terranes across various projects within our portfolio. The
most exciting aspect of this anomaly is the location in the prolific Red Lake Mining District, within the
Confederation Assemblage volcanics, a geologic setting similar to that of the Great Bear Project
(formerly, Dixie Lake). There has been minimal meaningful exploration in the area and we believe the
widespread gold-in-till anomalism could be related to an undiscovered gold system. We're very
excited to get back on the ground this summer with an aggressive exploration program aimed at
defining drill targets."
Geologic Interpretation of the Papaonga Target
The Papaonga target is located within the eastern pressure shadow of an interpreted early (pre to syn-
tectonic) quartz-diorite pluton bounded by regional 1
st
order, major east-west trending deformation
zones to the north and south. Northeast to east-west trending 2
nd
order linking structures have intensely
strained, folded and offset geologically complex stratigraphy comprised of tholeiitic mafic volcanics,
calc-alkaline mafic volcanics, and clastic sedimentary rocks intercalated with iron formation. Previous
mapping has noted strong penetrative fabric within all rock types (intrusive, volcanic and sedimentary
rocks) following the east-west and northeast orientations. A weak to strong silica-sericite-iron carbonate
alteration and sulphide mineralisation has also been mapped across the Papaonga target area and is
coincident with the gold-in-till anomalism. Kenorland believes these results are indicative of a structural
setting capable of hosting orogenic gold mineralisation.
Figure 3.
Geological map of Papaonga Target area
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2024 Planned Exploration Program
Kenorland is planning a detailed mapping and prospecting campaign within the Papaonga target area
for the 2024 summer field season, focusing on the identified 'head' (source) of the gold-in-till glacial
dispersal plumes. In addition, 10kg HMC till samples will be collected across the target area for gold
grain counts and analysis. The Company also recently completed a high resolution airborne magnetic
survey covering the Papaonga target area. The goal of the 2024 exploration campaign is to develop drill
targets for testing in 2025.
About the South Uchi Project
The South Uchi Project was first identified and staked by Kenorland based on the region's prospectivity
to host significant gold mineralised systems. The Project covers a portion of Confederation Assemblage
volcanic rocks, as well as the boundary between the volcanic-dominated Uchi geological subprovince to
the north and the sedimentary-dominated English River geological subprovince to the south. Multiple
major east-west striking shear zones associated with the Uchi and English River subprovince boundary
transect the Project. Deformation associated with these structures has resulted in zones of strong
shearing, alteration, and folding of the metavolcanic-clastic and metasedimentary-iron formation
stratigraphy, which are favorable settings for orogenic gold mineralisation. The majority of gold deposits
in the Red Lake District (Red Lake, Madsen, Hasaga, and others) are located on the northern margin of
the Confederation Assemblage, however, recent discoveries such as the LP Fault Zone on the Dixie
Project by Great Bear Resources Ltd. (acquired by Kinross Gold and renamed Great Bear Project)
highlight the prospectivity of the entire Confederation Assemblage along the southern margin of the Uchi
subprovince.
Figure 4. South Uchi Project location
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QA/QC and Sampling Protocols
All 2023 soil samples were collected under the supervision of Kenorland employees. Soil samples were
hand dug in the field targeting the 'C' or 'B' horizon soil, bagged and then transported from the field to the
crew facilities where blanks and certified reference materials were inserted at regular sample intervals.
Groups of samples were placed in large bags, sealed with numbered tags in order to maintain a chain-
of-custody, and transported from Ear Falls to Bureau Veritas Commodities ("
BV
") laboratory in Timmins,
Ontario.
Sample preparation and analytical work for this soil sampling program were carried out by BV. Samples
were prepared for analysis according to BV method SS230: individual samples were dried at 60
o
C, and
then sieved up to 100g to -230 mesh (-63 µm) for analysis. Samples were analyzed using BV method
AQ252_EXT where a 30g split is analyzed by Aqua Regia digestion with ultratrace ICP-MS finish for
both gold and multi-element geochemistry (52 elements). 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
Mr. Janek Wozniewski, B.Sc., P.Geo. (EGBC #172781, APEGS #77522, EGMB #48045, PGO #3824),
"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 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. 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
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.
This news release also contains information about adjacent properties on which the Company does
not have an interest and the presence of resources on adjacent properties is not necessarily
indicative of the mineralisation on the South Uchi project.
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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https://www.newsfilecorp.com/release/199590