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Kenorland Minerals Reports Assay Results from Maiden Diamond Drill Program at the Western Wabigoon Project, Ontario

Drill Results Corporate Updates

Kenorland Minerals Reports Assay Results

from Maiden Diamond Drill Program at the

Western Wabigoon Project, Ontario

Vancouver, British Columbia--(Newsfile Corp. - September 3, 2026) -

Kenorland Minerals Ltd.

(TSXV:

KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("

Kenorland

" or the "

Company

") is pleased to announce assay

results from its maiden diamond drill program at the Western Wabigoon Project (the "

Project

"), located

in northwestern Ontario and held under an option agreement with a subsidiary of Centerra Gold Inc.

("

Centerra

"). The program comprised 4,089 metres in nine diamond drill holes testing the W2 target

area (see press release dated July 9, 2026).

Drill highlights include the following:

Gold mineralisation was intersected in eight of the nine drill holes, confirming the presence of a

shear-hosted, gold-bearing hydrothermal system along the tested strike length of the W2 target.

Broad zones of low-grade gold were intersected within the mafic-felsic volcanics and felsic

intrusive rocks, including 37.75 metres of 0.30 g/t Au (incl. 17.05 metres of 0.47 g/t Au) in hole

26DFDD004 and 23.90 metres of 0.25 g/t Au (incl. 1.25 metres of 2.28 g/t Au) in hole

26DFDD007.

High-grade gold mineralisation was intersected in hole 26DFDD003 which returned 1.05 metres

grading 204.34 g/t Au, including 0.50 metres of 428.5 g/t Au.

Gold mineralisation remains open along strike to the north; a compelling follow-up target where

additional heavy mineral concentrate (HMC) gold grain in till results collected during the 2026 field

program highlight the target.

Figure 1. Plan map of the W2 target area with drill hole locations and significant drill results

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/6489/312701_982b35aec4a6a92a_001full.jpg

2026 Maiden Drill Program

The maiden diamond drill program comprised 4,089 metres in nine holes, testing approximately 1.9-

kilometres strike length of the previously identified 3-kilometre-long gold-in-till and heavy mineral

concentrate (HMC) gold grain anomaly along the W2 Trend. The W2 target sits within the greater,

approximately 19-kilometre gold-in-till and HMC gold grain trend defined along the major Manitou-

Dinorwic Deformation Zone (MDdz) (see press release dated December 2, 2025).

The underlying geology is characterised by north-northeast- and northeast-trending shear zones

interpreted to intersect within the W2 target area, associated with fold interference patterns within mafic-

felsic volcanic stratigraphy and gabbroic intrusive rocks adjacent to the Bretz Lake felsic pluton. Gold is

associated with strong deformation, multiple alteration assemblages including silica-sericite-Fe-

carbonate-fuchsite alteration, quartz-Fe-carbonate veining and stockwork, and pyrite-arsenopyrite

disseminated sulphide mineralisation.

Broad zones of low-grade gold were encountered in 26DFDD004 (furthest north completed drill hole)

that returned

37.75m at 0.30 g/t Au including 17.05m at 0.47 g/t Au

, and 12.07m at 0.27 g/t Au. This

drill hole roughly undercuts an outcrop located 60m to the north, where historical trench results include

4.32 g/t Au over 4.40m, confirmed by a 2026 grab sample that returned 14.60 g/t Au. Towards the south,

additional broad zones of mineralisation were intersected within strongly sheared, altered volcanic

stratigraphy including 26DFDD007 that returned 23.90m at 0.25 g/t Au including 1.25m 2.28 g/t Au, and

high-grade mineralisation including 26DFDD003 (furthest drill fence completed to the southwest) with

1.05m at 204.34 g/t Au including 0.50m at 428.50 g/t Au

.

Additionally, felsic-intermediate intrusive rocks were intersected in drilling along the northern portions of

the W2 Trend that are not exposed at surface and represent a new exploration target. The intrusive rocks

are weakly to moderately strained with pervasive sericite-silica alteration, associated with disseminated

pyrite-arsenopyrite mineralisation. Anomalous, intrusion-hosted gold includes 31.15m at 0.11 g/t Au from

drill hole 26DFDD004 where mineralisation trends north remaining open along strike.

2026 Surface Exploration Program

In addition to the drilling program, heavy mineral concentrate (HMC) sampling and geological mapping

were completed during the exploration campaign. A total of 157 HMC samples were collected across

the W2 Trend, the W1 North, and the W3 target areas to expand on the survey grid completed in 2025

(see press release December 2, 2025).

The additional sampling at the W2 target has greatly increased the gold grain anomaly footprint towards

the northwest and west. The strong and coherent results highlight the W2 North target (see Figure 2),

where the north-trending gold mineralisation returned from the W2 Trend drilling remains open along

strike and interpreted to intersect with the major Manitou-Dinorwic Deformation Zone (MDdz), a

regionally significant host of gold mineralisation. The high-priority W2 North target, defined by the

intersection of the W2 Trend with the MDdz, is also located where a major jog occurs within the MDdz

adjacent to the Bretz Lake felsic pluton, an ideal rheological contrast to focus hydrothermal fluids.

Figure 2. Plan map of the W2 target area with drill hole locations and gold grain counts from HMC till

sampling

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/6489/312701_982b35aec4a6a92a_002full.jpg

Figure 3. Plan map of the W1, W2 and W3 target areas of the Western Wabigoon Project, with

normalized gold grain counts from HMC till sampling

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/6489/312701_982b35aec4a6a92a_003full.jpg

The 2026 HMC till sampling also covered the W1 North target, producing a strong, robust gold grain

anomaly 3.5 kilometres in strike length, adjacent to the MDdz. The W1 North anomaly, including

normalised counts of up to 462 grains per sample (with 422 pristine gold grains), is spatially coincident

with the high-tenor gold-in-till anomalism (Au-As±Sb-Te-W) defined by geochemical surveys completed

in 2024-2025, and remains a priority regional target for future work.

Next Steps

Kenorland and Centerra are integrating results from the maiden drill program with the regional structural,

geochemical and geophysical datasets to refine targeting for a follow-up drill program. Priorities include

stepping out along strike to the north along the W2 Trend to test the W2 North target area. Additional

HMC till sampling, prospecting and mapping across the broader 19-kilometre gold-in-till trend including

the W1 North target, and additional surface work at the W3 Target are planned to generate new drill

targets.

Table 1: Table of assay results from the 2026 maiden diamond drill program

HOLE_ID

From (m)

To (m)

Interval (m) †

Au (g/t)

26DFDD001

285.10

306.00

20.90

0.13

323.20

330.00

6.80

0.23

476.10

476.50

0.40

8.67

26DFDD002

142.45

154.60

12.15

0.22

26DFDD003

331.50

335.55

4.05

0.38

375.85

376.90

1.05

204.34

Incl.

375.85

376.35

0.50

428.50

26DFDD004

2.33

14.40

12.07

0.27

201.80

239.55

37.75

0.30

Incl.

215.55

232.60

17.05

0.47

350.25

381.40

31.15

0.11

26DFDD005

126.55

148.00

21.45

0.20

26DFDD006

NSV

26DFDD007

430.65

454.55

23.90

0.25

Incl.

453.30

454.55

1.25

2.28

26DFDD008

304.40

312.00

7.60

0.29

26DFDD009

343.20

347.05

3.85

0.79

453.15

471.95

18.80

0.18

† Assay intervals reported are core lengths; true widths have not been determined. Reported intervals are length-weighted composites.

Table 2. Drill hole location and collar table for the 2026 maiden diamond drill program

HOLE ID

Easting (NAD83)

Northing (NAD83)

Elevation (m)

Depth (m)

Dip

Azimuth

26DFDD001

491397

5442142

380

522.00

-50

125

26DFDD002

490926

5441478

384

375.00

-50

125

26DFDD003

490699

5441065

380

451.00

-50

130

26DFDD004

491535

5442607

380

411.00

-50

115

26DFDD005

490889

5440849

394

552.00

-50

130

26DFDD006

491296

5441670

381

351.50

-50

125

26DFDD007

491123

5441959

396

456.00

-50

125

26DFDD008

490979

5441687

378

487.50

-50

125

26DFDD009

491471

5442366

384

483.00

-50

120

About Western Wabigoon Project

The Western Wabigoon Project is situated within the Western Wabigoon Subprovince and covers key

intersections of major deformation zones within the Archean greenstone belt. In the northern portion of

the property, the Pipestone-Cameron Deformation Zone (PCdz) intersects both the Manitou-Dinorwic

Deformation Zone (MDdz) and the Helena-Pipestone Deformation Zone (HPdz). The PCdz hosts the

Cameron orogenic gold deposit 30km to the northwest of the property boundary, while the HPdz hosts

the Rainy River deposit 50km to the southwest. These high-strain structural corridors also host numerous

gold showings associated with quartz-Fe-carbonate veins, altered shear zones, and porphyry dykes.

Figure 4. Regional simplified geology with significant gold deposits and the Western Wabigoon

Project location

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/6489/312701_982b35aec4a6a92a_004full.jpg

The Project is held under an earn-in agreement with a subsidiary of Centerra (see press release dated

June 25, 2025), whereby Centerra can earn up to a 70% interest in the Project by funding staged

exploration and delivering a Preliminary Economic Assessment (PEA). Upon earn-in, a joint venture will

be formed, with Kenorland retaining the right to a carried interest through to completion of a Pre-

Feasibility Study (PFS), after which both parties will contribute pro-rata to development.

Kenorland also retains a 2% NSR royalty over the claims of the Project.

The Company has not independently verified the historical exploration results referenced herein;

however, it considers the information relevant for evaluating the exploration potential of the Project.

References to adjacent or nearby deposits are provided for geological context only and are not

necessarily indicative of mineralisation on the Western Wabigoon Project.

Quality Assurance/Quality Control and Sampling Methodology

Drill Core and Rock Samples

All drill core and rock 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 to Bureau Veritas Commodities

("

BV

") laboratory in Timmins, Ontario.

Sample preparation and analytical work for this 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.

Gold Grain Counts

All 2026 HMC till samples were collected under the supervision of Kenorland employees. 10kg of C-

horizon till was extracted using augers and shovels and placed into Hubco bags. Groups of samples

were placed in large bags and sealed with numbered tags to maintain a chain-of-custody and

transported to Overburden Drilling Management ("

ODM

") in Ottawa, Ontario.

ODM weighed the till samples, and then removed a 300-gram split for archive. Samples were sieved to

+/- 2mm: the +2mm fraction was logged for pebble lithology and the -2mm size fraction was sent to a

shaker table for heavy mineral concentration. After the shaker table, concentrates were micro-panned for

additional concentration of the heavy minerals. At this point, visible gold grains were counted by ODM

staff, as well as other metallic minerals.

Qualified Person

Janek Wozniewski, B.Sc., P.Geo. (EGBC #172781, APEGS #77522, EGMB #48045, PGO #3824,

APEGNB #L7273), Vice President of Operations at Kenorland, a "Qualified Person" under National

Instrument 43-101, has reviewed and approved the scientific and technical information in this press

release.

Golden Sidewalk Project Acquisition Update

The Company is pleased to announce that further to its press release dated June 18, 2026, the

acquisition of the Golden Sidewalk Project from Prosper Gold Corp. has closed.

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, 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 of Kenorland Minerals,

Zach Flood

President, CEO & Director

Tel +1 604 568 6005

[email protected]

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/312701