Huge Drill Results Today: 90 g/t Gold
Kenorland drills 5.72 m of 90.56 g/t Au at Frotet
2021-05-26 09:13 ET - News Release
Shares issued 45,943,136
KLD Close 2021-05-25 C$ 1.01
Mr. Zach Flood reports
KENORLAND MINERALS INTERSECTS 90.56 G/T AU OVER 5.72M AT REGNAULT, SUMITOMO METAL MINING COMPLETES EARN-IN TO THE FROTET PROJECT
Kenorland Minerals Ltd. has released initial drill results from the recently completed 8,591-metre diamond drill program at the Regnault gold discovery within the Frotet project, located in Northern Quebec. Assays from 15 of the 30 drill holes completed during the program, including 3,487 metres, are reported herein. Results from the remaining 15 holes will be reported once all assays have been received and compiled. The company also announces that Sumitomo Metal Mining Canada Ltd. ("SMMCL") has fulfilled its requirement to earn-in to an 80% interest in the Frotet Project. As a result SMMCL and Kenorland will contribute to further exploration expenditures on an 80:20 basis, respectively. Kenorland will continue as operator under the joint venture agreement.
Highlights from drilling include the following:
21RDD024: 5.72m at 90.56 g/t Au incl. 3.89m at 132.57 g/t Au
21RDD029B: 3.64m at 6.37 g/t Au incl. 0.32m at 60.80 g/t Au
21RDD031: 2.70m at 15.87 g/t Au incl. 1.08m at 38.27 g/t Au
21RDD037: 25.33m at 6.29 g/t Au incl. 0.51m at 48.90 g/t Au and incl. 4.59m at 22.06 g/t Au
21RDD038: 9.20m at 3.78 g/t Au incl. 2.80m at 9.81 g/t Au
Figure 3. Table of Results Hole ID From (m)To (m)Length (m)Au (g/t)Ag (g/t)Residual Au (g/t) 21RDD024 47.39 57.64 10.25 0.74 0.61 0.40 Incl. 47.39 48.00 0.61 5.98 4.50 82.07 87.79 5.72 90.56 109.95 1.26 Incl. 82.47 86.36 3.89 132.57 161.01 21RDD025 88.37 93.95 5.58 1.02 1.84 129.80137.45 7.65 1.34 2.00 0.72 Incl. 133.10133.44 0.34 14.50 19.20 21RDD026 165.69179.20 13.51 0.35 0.26 21RDD027 56.90 60.00 3.10 0.71 0.70 0.35 Incl. 57.24 57.54 0.30 4.08 3.40 21RDD028 9.18 10.00 0.82 3.26 2.05 21RDD029_B 178.75182.39 3.64 6.37 6.64 1.12 Incl. 181.30181.62 0.32 60.80 59.10 21RDD030 9.60 16.08 6.48 0.90 0.28 0.33 Incl. 9.60 10.21 0.61 6.37 1.80 78.40 84.90 6.50 0.64 0.68 88.37 91.36 2.99 5.75 4.51 3.85 Incl. 90.56 91.36 0.80 10.94 6.82 21RDD031 13.76 16.46 2.70 15.87 18.84 0.94 Incl. 15.08 16.16 1.08 38.27 46.07 21RDD031_A 13.70 16.44 2.74 4.36 3.01 2.16 Incl. 14.76 15.60 0.84 9.33 5.75 62.36 70.54 8.18 1.08 0.34 0.95 Incl. 64.31 64.61 0.30 4.53 0.80 173.06187.61 14.55 0.89 1.01 21RDD032 93.19 96.38 3.19 1.47 0.42 0.91 Inlc. 96.00 96.38 0.38 5.65 2.00 153.90158.77 4.87 3.80 3.29 0.34 Incl. 157.90158.77 0.87 19.70 16.80 168.00174.54 6.54 1.84 1.65 1.59 Incl. 169.00170.00 1.00 3.21 2.60 21RDD033 258.83267.64 8.81 1.93 1.09 1.33 Incl. 265.00265.94 0.94 7.00 4.29 316.93322.77 5.84 0.95 1.02 21RDD034 215.00227.64 12.64 0.49 0.65 21RDD036 142.44143.40 0.96 7.10 4.38 1.07 Incl. 142.74143.08 0.34 18.10 11.10 21RDD037 132.00157.33 25.33 6.29 7.59 1.64 Incl. 142.55143.06 0.51 48.90 53.90 And Incl. 147.98152.57 4.59 22.06 29.08 21RDD038 68.80 78.00 9.20 3.78 4.10 1.14 Incl. 69.40 72.20 2.80 9.81 9.74