Kenorland Minerals (TSXV:KLD) Begins Fall 2023 Exploration at the Frotet Project in Northern Quebec

Figure 1. Plan map of Regnault drilling highlights and planned hole locations. Source: Kenorland Minerals

Kenorland Minerals (TSXV:KLD), recently announced the initiation of their Fall 2023 exploration program at the Frotet Project. Located in northern Quebec, the project is being conducted under a joint venture with Sumitomo Metal Mining Canada Ltd. (SMMCL).

Zach Flood, President and CEO of Kenorland Minerals, commented in a press release: “We’re excited to see the drills turning again at Regnault. During the previous phase of drilling, completed in the first quarter, we discovered a number of additional high-grade veins in the deepest parts of the system explored to date. This program will include step-outs on those discoveries as well as advancing drill targets directly to the east of the Regnault discovery. We are now at a stage where we can leverage a strong understanding of the geometry and controls on mineralisation to continue growing the footprint of the gold system.”

The Q3 2023 exploration program is set to include up to 11,300 meters of diamond drilling, with a focus on the Regnault gold discovery. The decision for this program comes after a recently concluded 13,360-meter drill program. Among the notable results from the last drill were findings of 11.96 g/t Au over a span of 4.45m and 55.70 g/t Au over 1.20m. These results were found in new vein structures approximately 1,000m below the surface, as per press releases on May 31 and August 8, 2023.

Details on the Fall Exploration Program

The exploration will also comprise an infill soil geochemical survey to the east of the Regnault discovery, intending to target further extensions of the gold system in this area.

For a more detailed breakdown:

  • 45% of the proposed drilling will focus on the R5, R6, R7, and R8 mineralized structures at depth. There are plans to significantly expand these structures and infill the R1 vein system.
  • 20% of the drilling will be reserved for the R2 and R3 trends. This will mainly involve infill drilling to improve geological modelling and understand grade continuity.
  • 25% of the program will centre on the R9, R10, and R11 structures, especially focusing on the shallower portions of the Regnault diorite.
  • The final 10% is planned to explore moderate step-outs along the R4 structures to the east.

A major component of the exploration is the collection of approximately 1,200 soil samples from the glacial till substrate. These samples will be obtained from a grid area adjacent to the Regnault gold discovery. The objective of this survey is to gain insights from previous gold anomalies detected from one of the Frotet Project’s initial geochemical surveys. Current structural interpretations, based on magnetics, indicate the gold mineralization-controlling structures from the Regnault discovery could extend eastward.

The data and targets derived from this survey are expected to guide the subsequent phase of drilling planned for early 2024.

Figure 2. Planned geochemical survey at Regnault East. Source: Kenorland Minerals

Kenorland Minerals first recognized the potential of the Frotet Project in 2017. The project spans the Abitibi and Frotet-Evans Greenstone Belts of Quebec. The initial acquisition of the property was in March 2017, and by April 2018, it was optioned to SMMCL, a subsidiary of Sumitomo Metal Mining Co., Ltd.

Systematic sampling over two years paved the way for the first drill program in 2020, leading to a grassroots discovery at the now-named Regnault prospect. Currently, the joint venture between SMMCL and Kenorland Minerals Ltd. holds the project, with interest divisions at 80% and 20%, respectively. Under the agreement, Kenorland is the current operator, and exploration funding is proportionate between the two entities. If a party’s contribution falls below a 10% interest, their stake converts to a 2% uncapped net smelter royalty.

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

By Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

Comments are closed.

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 Lincoln Minerals Limited LML.AX +125.00%
 Getty Copper Inc. GTC.V +50.00%
 Metalex Ventures Ltd. MTX.V +50.00%
 MRG Metals Limited MRQ.AX +33.33%
 Cascadero Copper Corp. CCD.V +33.33%
 Golden Cross Resources Ltd. GCR.AX +33.33%
 Casa Minerals Inc. CASA.V +30.00%
 Adavale Resources Limited ADD.AX +22.22%
 Athena Resources Ltd. AHN.AX +22.22%
 Azimut Exploration Inc. AZM.V +21.98%

Download the latest Solaris Resources (SLSSF) Investor Kit

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

MiningFeeds will use the information you provide on this form to be in touch with you and to provide updates and marketing.