- Kenorland Minerals (KLD) released its final drill results from the 2022 winter drill program at the Frotet Project in northern Quebec
- The 10,880-metre program yielded 19.50 g/t Au over 6.65 at a new vein discovery
- Drilling is underway at the Regnault grassroots discovery, including 40,000 metres carried out over two phases: a summer campaign concluding in July 2022, and a winter campaign from January to April 2023
- The company also recently completed the 2022 summer drill program at Regnault, which includes 11,903 metres from 23 drill holes
- Kenorland Minerals (KLD) is unchanged, trading at $0.69 at 11:00 a.m. ET
Kenorland Minerals (KLD) released its final drill results from the 2022 winter drill program at the Frotet Project in northern Quebec.
Assays from the remaining 5 of 25 drill holes were completed, including 2,840 metres of the 10,880 metre program:
- 22RDD133: 6.65 metres at 19.50 g/t Au incl. 1.06 metre at 98.34 g/t Au at R6 (new vein discovery)
- 22RDD135: 1.70 metre at 25.00 g/t Au incl. 0.45 of a metre at 87.00 g/t Au at R1
- 22RDD135: 5.00 metres at 5.46 g/t Au incl. 0.90 of a metre at 21.39 g/t Au at R8 (new vein discovery)
Kenorland CEO Zach Flood called the drill program completed in Q1 a massive success.
“The first holes to intersect the newly discovered veins parallel to the R1 structure, including R5, R6, R7 and R8, are initially returning very impressive grades and widths such as today’s announcement of 22RDD133, which reported 19.50 g/t Au over 6.65m. Results from these new vein discoveries are easily comparable to some of the best results from the R1 structure, which we’ve been drilling off since the initial discovery in 2020. This is great news for the Joint Venture and we look forward to further results from the recently completed summer drill campaign, which was largely focused on following up these discoveries.”
After completing a Q1 2022 winter drill program, 45,086 metres had been drilled at the Regnault grassroots discovery. Drilling is underway, including up to 40,000 metres carried out over two phases: a summer campaign concluding in July 2022, and a winter campaign from January to April 2023.
The company also recently completed the 2022 summer drill program at Regnault, which includes 11,903 metres from 23 drill holes.
Kenorland Minerals (KLD) is unchanged, trading at $0.69 at 11:00 a.m. ET.
