Kenorland Minerals (TSXV:KLD) has commenced exploration activities as part of the 2022 exploration program at the Tanacross Project in Eastern Alaska. The project is held under an earn-in agreement with Antofagasta Minerals. The company’s 2022 field program includes geophysical, geological, and geochemical surveys. This work will cover the McCord Creek, East Taurus, West Taurus, and South Taurus targets.
Figure 1: Location of exploration surveys conducted at the Tanacross Project in 2022
At the East Taurus-McCord Creek-West Taurus complex, a 42-kilometre induced polarization and magneto telluric survey will be done with detailed mapping and soil sampling. The complex hosts many mineralized intrusions and alteration systems which are enriched with copper, gold, and molybdenum.
Figure 2: Location map of the Tanacross Project
Zach Flood, CEO of Kenorland commented in a press release: “We are very excited to be back in Alaska, with Antofagasta, advancing the Tanacross Project towards discovery. This comprehensive exploration program will create a strong foundation for future drill targeting. We believe there’s incredible potential in this fertile and target-rich environment.”
The program includes work at South Taurus of a detailed ground gravity and extremely low-frequency electromagnetic survey and soil sampling that have already been completed. The target is still an untested coincident magnetic and conductive feature associated with anomalous soil geochemistry. Surveys done in 2022 in combination with historical datasets give the company the fundamental information for drill targeting across all areas.
The approved budget for this year’s summer exploration program combined with fixed costs in 2023 totals US$2,000,000. Exploration has already begun and will continue through August and September 2022. Another update will be provided by the end of the year.