Kenorland Minerals - Exploration Update: Partners Include Newmont, Sumitomo, Centerra, Auranova
Description
In this KE Report Company Update, Zach Flood, President & CEO of Kenorland Minerals (TSX-V:KLD - OTCQX:KLDCF - FSE:3WQ0), joins us to discuss progress across the company’s royalty and exploration portfolio. Kenorland continues to execute its prospect-generator model with active partners Sumitomo Metal Mining, Centerra Gold, Auranova Resources, and Newmont, while expanding its 100%-owned project pipeline across Canada.
Key Discussion Highlights
- Frotet (Quebec) - Maiden resource estimate underway with 130,000+ meters drilled; Sumitomo Metal Mining as operator. High-grade orogenic gold system over 2 km strike and 1 km depth, open in all directions. Kenorland holds a 4% NSR (3.25% post buy-down).
- South Uchi (Ontario) - 6,000m Phase 2 drill program following visible gold discovery in Phase 1. Auranova can earn up to 70% with $10M in spending; Kenorland retains a 30% carried interest and 2% NSR Royalty.
- Centerra Partnership - $3.5M exploration program across 300,000+ha in NW Ontario targeting large regional gold anomalies for 2026 drilling.
- 100%-Owned Projects - Over 600,000ha staked in Ontario, Quebec, and New Brunswick; geochemical surveys ongoing to generate new joint-venture opportunities.
Any follow-up questions for Zach? Comment below or email Fleck@kereport.com.
Click here to visit the Kenorland website.
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