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Delivering on Gold Assays and a 2022 Winter Exploration Program

Jocelyn Aspa Jocelyn Aspa, The Market Herald
1 Comment| December 23, 2021

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Just because the year is almost over doesn’t mean there isn’t excitement still bubbling in the resource sector.

For example, Vancouver-based Kenorland Minerals Ltd. (TSX-V: KLD, OTC: NWRCF, Forum), a mineral exploration company focused on early to advanced-stage exploration projects in North America, has two key properties – the Frotet project in Quebec and the Healy project in Alaska – and has had a busy couple of months leading up to 2022

On December 20, Kenorland announced drill results from its diamond drill program at the Regnault gold discovery in the Frotet Project in Quebec, and they’re worth examining.


Kenorland Minerals Releases Drill Results from Frotet Project

In a press release, the company said these initial results from the Frotet Project — which is held under a joint venture with Sumitomo Metal Mining Canada Ltd., include assay results from 32 of the 57 drill holes completed during the program.

In total, 17,792 metres were drilled, while the remaining 25 holes — representing 7,968 metres — will be reported once all assays have been completed.

On that note, key highlights from the initial drill results include:

  • 21RDD056A: 15.40m at 17.96 g/t Au incl. 7.20m at 36.29 g/t Au
  • 21RDD060: 3.00m at 32.21 g/t Au
  • 21RDD074: 3.45m at 17.53 g/t Au incl. 0.50m at 114.60 g/t Au
  • 21RDD077: 14.20m at 3.91 g/t Au incl. 2.73m at 15.34 g/t Au
  • 21RDD082A: 1.60m at 28.34 g/t Au

“Our most recent drilling efforts at Regnault have delivered outstanding results as we continue to demonstrate scale, grade and continuity along multiple mineralized structures,” Zach Flood, president and CEO of Kenorland Minerals, said in a press release. “The known extent of the system has grown with each program and our understanding of the controls on mineralization are developing rapidly. We look forward to announcing the remaining results in the near future as well as preparing the next phase of drilling scheduled to commence in January.”


(Click image to enlarge)


A Closer Look at the Assay Results

The company said the results from the 17,792-metre drilling program were designed to step out along strike and down dip of the known structures, namely R1, R2 East, and the R2 West Trends to get a better understanding of the structural and lithological controls on gold mineralization.

The program was also intended to explore for other mineralized structures within the Regnault gold system.

The R1 trend continues to yield significant results that indicate multiple gold bearing structures. Drilling along this trend was completed at roughly 50-meter centres and extended the known presence of shear-hosted mineralization along 750 metres of strike length and up to 275 metres below surface. Of note, the R1 Trend remains open along strike and at depth.

Meanwhile at R2 West, drilling indicated the presence of several high grade stacked quartz zones. Of note, Hole 21RD077, which was drilled 50 metres to the west of 20RDD002, returned results of 2.74 metres at 15.34 g/t gold and 7.50 metres at 3.06 g/t gold. Other holes such as hole 21RDD082A drilled approximately 50m to the east of 20RDD002 and returned 1.60m at 28.34 g/t gold, 1.23m at 13.90 g/t gold, 1.19m at 14.12 g/t gold, and 2.81m at 5.81 g/t gold.

"The summer 2021 Regnault drill program was designed to step-out aggressively from previous intersects along the R1 and R2 vein corridors, down to a vertical depth of approximately 250-350 meters, targeting new mineralized zones within the Regnault gold system,” Francis MacDonald, executive vice president of exploration at Kenorland Minerals, said in a release. “We are very impressed with the exceptional grades over considerable widths from this campaign as well as the strike length which is developing along these structures.

Since the initial drilling program began in early 2020, a total of 34,206 metres has been drilled at the Regnault gold discovery. Now that the current program has concluded, the company has plans to begin a winter drill program in January 2022.

The 2022 winter drill program will conclude the fiscal 2021 budget that was approved by the joint venture in May 2021.


The Investment Corner

After a significant amount of exploration in 2021, Kenorland is set to continue its pace early in the new year. Investors have plenty of activity to look forward to, including further assay results from both the Frotet and Healy projects.

For more information, visit kenorlandminerals.com.


FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.


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