Kenorland Minerals Intersects 117.86 g/t Au over 1.77m on R2 And Announces Additional Vein Discoveries at Regnault
Kenorland Minerals Intersects 117.86 g/t Au
over 1.77m on R2 And Announces Additional
Vein Discoveries at Regnault
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2022) -
Kenorland Minerals Ltd.
(TSXV:
KLD) (OTCQX: NWRCF) (FSE: 3WQ0) (
"Kenorland"
or
"the Company"
) is pleased to announce
final drill results from the 2021 summer-fall drill program at the Regnault gold discovery within 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 25 of 57 drill holes
completed, including 7,968 meters of the 17,792 meter program, are reported herein. The Company
also provides an update on the recently completed winter drill program, including the announcement of
additional vein discoveries at Regnault.
Highlights include the following:
21RDD088:
1.77m at 117.86 g/t Au
at R2 West
21RDD100:
6.88m at 23.79 g/t Au incl. 2.60m at 60.77 g/t Au
at R1
21RDD085:
0.61m at 48.00 g/t Au
at R2 West
21RDD105:
2.50m at 11.15 g/t Au incl. 0.30m at 84.60 g/t Au
at R1
21RDD094:
0.92m at 22.04 g/t Au
at R1
Discovery of the R5 Vein and three additional vein structures to the south of R1 during
the current 2022 winter drill campaign (assays pending)
Figure 1. Plan map of Regnault drilling highlights
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6489/118255_c8cd2c71542e59c5_001full.jpg
Zach Flood, CEO of Kenorland Minerals, states, "The last remaining results from the 2021 drill program
continue to demonstrate the exceptional high-grade nature of the Regnault gold system, including the
most significant intercept at R2 to date. We have also completed the 2022 winter drill program which
concludes the fiscal 2021 budget cycle. On this program we pushed drilling southward well beyond the
R1 veins and intersected a series of additional parallel shear veins at depth. The significance of this
development cannot be understated as it confirms the potential for additional vein discoveries within the
intrusive complex. We anticipate the 2022 fiscal budget to be finalised towards the end of the month and
we look forward to continuing our advancement of this remarkable gold discovery."
Discussion of Results
The reported 25 drillholes (7,968m) follow the previously reported 32 drillholes of the 2021 summer-fall
drill program completed in October 2021
*
.
The drill program was designed to systematically test along
strike and down-dip extents of the R1, R2 East and R2 West mineralised structures at Regnault.
Along
the R1 trend, highlights included hole
21RDD100
which stepped 80m down-dip from 21RDD074 (3.45m
at 17.53g/t Au
*
) and intersected
6.88m at 23.79g/t Au including 2.60m at 60.77g/t Au.
Hole
21RDD089
stepped 60m down-dip from 21RDD024 (5.72m at 90.56g/t Au
**
) and intersected
6.21m at
3.75g/t Au incl. 0.60m at 30.20g/t Au
. Drillhole
21RDD094
stepped 80m down-dip from 21RDD056A
(15.4m at 17.96g/t Au
*
) and intersected
0.92m at 22.04g/t Au.
Hole
21RDD109A
stepped 75m down-
dip of 21RDD032 (4.87m at 3.80g/t Au
**
) and intersected
17.75m at 1.26g/t Au including 2.50m at
3.92g/t Au.
Drillhole
21RDD105
returned
2.5m at 11.15g/t Au including 0.30m at 84.60g/t Au
near
the top of the hole along a separate structure 200m north of R1 and 50m along strike from 20RDD021A
(2.66m at 33.69g/t Au
***
)
.
These results extend the known mineralisation along R1 to depths of 330m
below surface and 750m along strike, remaining open to depth and along strike.
(
*
See press release dated December 20
th
2021,
**
See press release dated May 6
th
2021,
***
See press release dated August 31
st
2020 )
Figure 2. Core photo of 21RDD100 from R1 zone: 6.88m at 23.79 g/t Au incl. 2.60m at 60.77 g/t Au
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/6489/118255_c8cd2c71542e59c5_002full.jpg
Gold mineralisation along the R1 trend 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.
Along the R2 trend, at R2 West, drillhole
21RDD088
returned
1.77m at 117.86g/t Au
intersecting shear-
related, vein-hosted mineralisation 80m to the east of 21RDD082A (1.60m at 28.34g/t Au
*
),
representing
the highest grade x thickness intercept along R2 to date. Hole
21RDD085
returned
0.61m
at 48g/t Au
30m up-dip of 21RDD082A
.
Known mineralisation along the R2 trend extends over 950m of
strike length with multiple veins trending east-northeast and to depths of 350m below surface. Veins
include stacked, shallow north dipping extensional type quartz veins (dominant style for R2 West), and E-
W trending, steeply north-dipping shear hosted quartz-carbonate veins (the dominant style of
mineralisation for R2 East and similar to the R1 Trend). The R2 trend also remains open along strike and
to depth.
Figure 3. Core photo of 21RDD088 from R2 zone: 1.77m at 117.86 g/t Au
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6489/118255_fig3.jpg
New Discoveries
A winter drilling program has recently concluded which explored for additional mineralised structures at
depth within Regnault gold system. Visual indications of shear-related mineralisation including quartz-
sulphide veining, biotite-calcite alteration and disseminated pyrite, along with locally visible gold and
tellurides continue to be intercepted at depth beyond the previous limits of drilling along R1. Of
significance is the definition of the R5 structure, which is located directly to the south and parallel to the
R1 veins. The R5 structure is presently defined by 10 drillholes along 350m of strike and is open in all
directions. In addition to the discovery of R5, 22DDH129, which was drilled to a depth of 624m, and
300m beyond the R5 structure encountered three additional shear-related and mineralised veins. Vein
and mineralised envelopes range in thickness from less than a meter up to 5m. The observation of
visible mineralisation in the core is a positive sign but is not necessarily indicative that assay results with
significant gold mineralisation will be received.
The discovery of these additional structures has advanced the understanding of the Regnault system and
resulted in a revised interpretation of a stacked set of mineralised vein/alteration corridors localised
within and around the multiphase Regnault intrusive complex (Figure 5). This development in targeting
has greatly increased the potential for the discovery of additional vein/alteration zones beyond the
currently defined extents of the mineralised system.
Figure 4. Cross section of the entire Regnault system showing modelled vein zones (looking east)
To view an enhanced version of Figure 4, please visit:
https://orders.newsfilecorp.com/files/6489/118255_c8cd2c71542e59c5_004full.jpg
Figure 5. a) Cross section through R1, R5, new vein discoveries (250m section thickness; looking
east), and b) schematic geologic model
To view an enhanced version of Figure 5, please visit:
https://orders.newsfilecorp.com/files/6489/118255_c8cd2c71542e59c5_005full.jpg
Figure 6. Core photos of newly intersected veins in 22RDD129 and 22RDD124 (assays pending)
To view an enhanced version of Figure 6, please visit:
https://orders.newsfilecorp.com/files/6489/118255_c8cd2c71542e59c5_006full.jpg
Scott Smits, Vice President of Exploration, states, "The summer-fall 2021 drill campaign was a great
success, extending the known mineralisation to depth and consistently returning high-grade gold,
demonstrating the continuity along the R1 and R2 trends. Ongoing geologic modelling of the Regnault
gold system has also greatly increased our understanding of the structural controls and has refined our
exploration model, proven by the definition of the R5 vein at depth and discovery of additional veins
during the 2022 winter drill program."
Prior to the announcement of the company's winter 2022 drill program (see press release dated January
12, 2022) a total of 34,206m had been drilled at Regnault including the initial discovery drill program in
early 2020. The recently completed program, included 10,880 meters of drilling between 25 drill holes
concludes the fiscal 2021 budget approved by the Joint Venture in May 2021. The project is currently
operated by Kenorland Minerals Ltd. and exploration is co-funded with joint venture partner, Sumitomo
Metal Mining Canada Ltd.
Figure 7. Complete table of results from the 2021 summer-fall drill program
Hole ID
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
Residual Au (g/t)
21RDD081
141.50
150.50
9.00
0.77
0.71
21RDD085
40.22
40.83
0.61
48.00
68.90
And
100.09
100.84
0.75
23.36
28.86
And
290.00
291.50
1.50
5.11
4.20
And
347.75
348.52
0.77
12.11
13.90
21RDD088
61.54
63.31
1.77
117.86
210.49
And
68.70
73.00
4.30
1.02
1.08
0.72
Incl.
68.70
69.00
0.30
5.03
5.30
And
292.00
294.00
2.00
8.63
14.95
2.41
Incl.
292.31
292.93
0.62
22.50
38.30
And
383.00
384.95
1.95
3.43
3.77
0.82
Incl.
383.79
384.95
1.16
5.21
5.60
21RDD089
27.00
30.50
3.50
1.19
0.72
0.85
Incl.
28.00
28.40
0.40
3.81
2.80
And
140.00
146.21
6.21
3.75
4.56
0.92
Incl.
141.80
142.40
0.60
30.20
37.70
And
172.70
176.90
4.20
2.49
1.62
0.91
Incl.
175.60
176.90
1.30
6.03
3.43
21RDD090
35.44
41.00
5.56
1.36
0.83
And
48.00
51.00
3.00
2.68
1.38
2.38
Incl.
50.00
50.50
0.50
4.19
2.50
And
88.04
92.00
3.96
1.05
1.21
21RDD091A
No significant intervals
21RDD092
179.00
180.50
1.50
2.86
4.50
21RDD093
No significant intervals
21RDD094
219.73
221.50
1.77
4.58
1.81
1.18
Incl.
220.34
221.00
0.66
10.30
3.90
And
247.08
248.00
0.92
22.04
15.23
21RDD095
27.84
29.00
1.16
8.02
9.30
2.11
Incl.
28.15
28.50
0.35
21.70
26.40
And
138.87
141.40
2.53
3.75
8.30
1.91
Incl.
138.87
139.18
0.31
16.90
20.80
21RDD096
69.75
70.25
0.50
49.60
55.10
21RDD097
Hole Abandoned
21RDD098
229.00
229.50
0.50
11.80
19.70
And
251.47
251.80
0.33
30.60
13.10
And
277.00
280.44
3.44
2.28
1.40
And
289.00
295.50
6.50
2.90
3.26
1.10
Incl.
293.00
294.00
1.00
12.80
16.50
21RDD099
199.50
200.10
0.60
16.50
18.60
21RDD100
88.60
89.20
0.60
7.74
4.15
And
327.00
329.00
2.00
3.11
3.17
1.68
Incl.
327.00
327.30
0.30
11.20
18.10
And
349.12
356.00
6.88
23.79
15.63
1.33
Incl.
350.90
353.50
2.60
60.77
38.43
21RDD101
99.60
106.50
6.90
0.76
1.53
0.64
Incl.
101.50
101.80
0.30
3.42
7.80
And
126.90
130.10
3.20
1.39
1.76
1.06
Incl.
129.40
129.70
0.30
4.57
4.30
21RDD102
245.00
247.60
2.60
1.59
0.85
1.02
Incl.
247.30
247.60
0.30
5.93
4.20
21RDD103
168.30
171.50
3.20
5.33
5.78
2.09
Incl.
170.15
171.50
1.35
9.77
10.40
21RDD104
46.00
49.70
3.70
2.12
0.89
21RDD105
39.50
42.00
2.50
11.15
5.78
1.13
Incl.
39.50
39.80
0.30
84.60
42.10
And
305.90
311.85
5.95
1.25
1.27
1.10
Incl.
307.30
307.60
0.30
4.12
3.10
21RDD106
117.00
120.36
3.36
3.57
1.72
1.39
Incl.
118.76
119.43
0.67
12.30
4.80
21RDD107
No significant intervals
21RDD108
12.00
26.29
14.29
0.46
0.37
And
164.63
168.50
3.87
1.30
0.89
0.72
Incl.
167.70
168.00
0.30
8.27
3.30
And
243.93
245.06
1.13
8.12
1.46
21RDD109A
143.00
145.00
2.00
4.64
1.58
And
152.50
153.50
1.00
9.96
2.60
And
222.75
240.50
17.75
1.26
1.01
0.83
Incl.
223.50
226.00
2.50
3.92
2.91
21RDD110
65.00
80.00
15.00
0.42
1.09
And
229.90
234.00
4.10
1.21
1.32
1.05
Incl.
231.70
232.03
0.33
3.05
2.70
And
270.45
271.10
0.65
10.97
9.94
And
373.00
374.00
1.00
5.31
5.75
And
427.00
438.00
11.00
1.27
1.40
0.72
Incl.
427.50
428.00
0.50
12.70
9.90
And
462.00
466.50
4.50
2.52
1.10
1.09
Incl.
464.36
465.00
0.64
11.16
5.01
And
469.78
471.00
1.22
7.24
1.98
Hole ID
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
Residual Au (g/t)
*Assay intervals reported are core lengths, true widths have not been determined
**Residual Au (g/t) - Average grade of the drill hole interval excluding the highlighted internal interval
Figure 8. Drill collar table from the 2021 summer-fall drill program
Hole ID
Easting (NAD83)
Northing (NAD83)
Elevation (m)
Depth (m)
Dip
Azimuth
21RDD081
519549
5620157
381
522.00
-45
316
21RDD085
518722
5620087
384
428.00
-45
173
21RDD088
518797
5620135
383
440.00
-46
174
21RDD089
519430
5620857
375
258.00
-50
160
21RDD090
519313
5620867
375
285.40
-45
334
21RDD091
519102
5620815
377
15.00
-45
144
21RDD091A
519102
5620815
377
252.00
-45
144
21RDD092
518511
5619816
395
212.00
-45
155
21RDD093
519102
5620815
377
309.00
-58
144
21RDD094
519510
5620924
375
309.00
-46
158
21RDD095
518741
5619876
378
212.00
-53
155
21RDD096
519099
5620815
377
225.42
-45
167
21RDD097
519072
5620373
380
206.00
-56
152
21RDD098
519510
5620924
375
357.00
-58
159
21RDD099
519099
5620815
377
291.00
-58
167
21RDD100
519174
5620997
380
422.00
-45
158
21RDD101
519038
5620798
377
306.00
-45
170
21RDD102
519745
5621152
375
276.00
-45
327
21RDD103
519038
5620798
377
285.00
-58
160
21RDD104
519745
5621152
375
327.00
-60
327
21RDD105
519115
5620928
379
365.00
-50
150
21RDD106
519055
5620353
386
321.00
-45
359
21RDD107
519662
5621101
375
252.00
-45
333
21RDD108
519601
5621035
375
297.00
-56
339
21RDD109
519629
5620922
375
24.00
-50
160
21RDD109A
519629
5620922
375
279.00
-50
160
21RDD110
519666
5621117
375
492.00
-50
158
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.
("SMMCL"), 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 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 9. Map of Frotet Project showing regional till sampling geochemical results
To view an enhanced version of Figure 9, please visit:
https://orders.newsfilecorp.com/files/6489/118255_c8cd2c71542e59c5_007full.jpg
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