VANCOUVER, BC, Dec. 20, 2021 /CNW/ - Kenorland Minerals
Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) ("Kenorland"
or "the Company") is pleased to announce initial drill
results from the recently completed 17,792 meter diamond drill
program at the Regnault gold discovery within the Frotet
Project ("the Project"), located in northern
Quebec and held under joint
venture ("the Joint Venture") with Sumitomo Metal Mining
Canada Ltd. ("SMMCL"). Assays from 32 of the
57 drill holes completed during the program, including 9,824
meters, are reported herein. Results from the remaining 25
holes (7,968 meters) will be reported once all assays have been
received and compiled.
Highlights include the following:
- 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
Figure 1. Plan Map of Regnault Drilling Highlights
Zach Flood, President and CEO of
Kenorland Minerals, states, "Our most recent drilling efforts at
Regnault have delivered outstanding results as we continue to
demonstrate scale, grade and continuity along multiple mineralized
structures. 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."
Discussion of Results
The 17,792 meter drill program was designed to systematically
step-out along strike and down dip of the known structures (R1, R2
East, and R2 West Trends) to gain better understanding of the
structural and lithological controls on gold mineralization, as
well as explore for other mineralized structures within the
Regnault gold system. Significant results along the R1 Trend
continue to indicate multiple significant gold bearing structures.
Holes 21RDD056A, which stepped out approximately 100m to the east of 21RDD024 (5.72m at 90.56 g/t Au – see press release dated
May 26, 2021) returned
15.40m at 17.96 g/t Au. Hole 21RDD060
stepped out approximately 60m further
to the east beyond 21RDD056A and intersected 3.00m at 32.21 g/t Au. Hole 21RDD074 drilled
across the R1 structure approximately 270m to the west of 21RDD024 and intersected
3.45m at 17.53 g/t Au incl.
0.50m at 114.60 g/t Au. Drilling
along the R1 Trend was completed at approximately 50-meter centers
and extended the known presence of shear-hosted mineralization
along 750m of strike length and to
depths of 275m below surface. The R1
Trend remains open along strike and at depth.
Figure 2. Long Section of R1
Showing Reported Grade x Thickness Intercepts (g/t Au * m)
Gold mineralization along the R1 Trend is associated with
generally E-W trending and steeply north-dipping shear zones.
Mineralized structures transect both the multiphase Regnault
intrusive complex and surrounding volcanic rocks and are defined by
zones of moderate-strong strain, biotite-calcite ± silica-chlorite
alteration and disseminated pyrite (locally up to 3-10%). High
grade intercepts are characteristically shear-hosted, laminated
quartz-carbonate-pyrite veins, often haloed by variably deformed
extensional stockwork quartz veining locally containing up to 20%
pyrite along with trace chalcopyrite and occasional Au ± Ag
tellurides and visible gold.
Figure 3. Core Photo of 21RDD056A: 15.40m at 17.96 g/t Au incl. 7.20m at 36.29 g/t Au
Drilling completed on the R2 Trend has identified gold
mineralization along 950m of strike
length trending east-northeast and to depths of 350m below surface. High grade gold has been
intersected in stacked, shallow north dipping extensional type
quartz veins (dominant style for R2 West), and E-W trending,
steeply north-dipping shear hosted quartz-carbonate veins (the
dominant style of mineralization for R2 East and similar in nature
to the R1 Trend). The R2 trend also remains open along strike and
down dip.
At R2 West, stepping out on approximately 50-meter centers,
drilling demonstrated the presence of several high grade, stacked
quartz veins. Hole 21RDD077 drilled approximately 50m to the west of 20RDD002 (0.77m at 14.60 g/t Au and 3.75m at 16.06 g/t Au - see press release dated
July 29, 2020) and returned
intercepts of 2.73m at 15.34 g/t Au
and 7.50m at 3.06 g/t Au. Hole
21RDD082A drilled approximately 50m
to the east of 20RDD002 and returned 1.60m at 28.34 g/t Au, 1.23m at 13.90 g/t Au, 1.19m at 14.12 g/t Au, and 2.81m at 5.81 g/t Au.
The R2 East shear zone is located along the northern margin of
R2 West and trends eastward where shearing intersects the volcanic
– diorite contact resulting in rheological controlled zones of
dilation and vein formation. In this target area drilling followed
up on the previous intercept of 20RDD015 (4.93m at 9.59 g/t Au see press release
July 29, 2020). Significant
high-grade results at R2 East include 21RDD054, which drilled
50m to the east and 190m down dip of 20RDD015, intersecting
1.01m at 26.33 g/t Au. Broad
intervals of mineralization were also encountered, such as
21RDD063, which drilled 160m to the
east of 20RDD015 and intersected several mineralized zones
including 22.00m at 0.73 g/t Au.
Francis MacDonald, Executive
Vice President of Exploration commented, "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. 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. The R1 corridor remains open in both directions, and
with significant down-dip potential, as the vertical extent has
only been tested to 275m depth.
Importantly, wider zones of high grade mineralisation are beginning
to take shape within the R1 structural corridor which will drive
targeting for the upcoming Q1 2022 drill campaign. We also
recognize R2 as a very significant target as our understanding of
the geometry of shear and extensional veins continues to
develop. We look forward to the remainder of the results from
outstanding holes, many of which have tested new areas within the
Regnault gold system with the goal of establishing new gold-bearing
structures.
To date a total of 34,206m has
been drilled at Regnault including the initial discovery drill
program in early 2020. Following the recently concluded program,
which results are partially reported herein, planning has begun for
a winter drill program commencing in January
2022. The upcoming program will conclude the fiscal 2021
budget approved by the Joint Venture in May
2021. The project is currently operated by Kenorland
Minerals Ltd. and exploration is co-funded with joint venture
partner, Sumitomo Metal Mining Canada Ltd.
Figure 4. Complete Table of Results
Hole
ID
|
From
(m)
|
To
(m)
|
Interval
(m)
|
Au
(g/t)
|
Ag
(g/t)
|
Residual
Au (g/t)
|
21RDD054
|
|
232.00
|
237.00
|
5.00
|
0.72
|
0.88
|
|
And
|
299.31
|
300.32
|
1.01
|
26.33
|
14.16
|
|
And
|
328.00
|
336.00
|
8.00
|
0.57
|
0.95
|
|
21RDD055
|
|
17.00
|
20.00
|
3.00
|
1.51
|
1.62
|
0.73
|
Incl.
|
17.60
|
18.45
|
0.85
|
3.48
|
3.80
|
|
And
|
156.20
|
169.00
|
12.80
|
0.40
|
0.26
|
|
And
|
213.00
|
215.45
|
2.45
|
1.82
|
1.83
|
1.26
|
Incl.
|
214.35
|
214.65
|
0.30
|
5.84
|
4.40
|
|
21RDD056A
|
|
133.00
|
148.40
|
15.40
|
17.96
|
12.84
|
1.87
|
Incl.
|
138.25
|
145.45
|
7.20
|
36.29
|
25.81
|
|
And
|
174.50
|
176.35
|
1.85
|
2.86
|
0.69
|
1.01
|
Incl.
|
174.95
|
175.40
|
0.45
|
8.62
|
2.30
|
|
21RDD057
|
|
192.65
|
196.00
|
3.35
|
2.67
|
1.67
|
1.03
|
Incl.
|
193.50
|
194.15
|
0.65
|
9.48
|
6.10
|
|
And
|
225.50
|
246.00
|
20.50
|
1.06
|
0.75
|
0.91
|
Incl.
|
233.90
|
234.60
|
0.70
|
5.29
|
3.60
|
|
21RDD058
|
|
NSV
|
21RDD059
|
|
315.20
|
327.76
|
12.56
|
0.64
|
0.47
|
|
21RDD060
|
|
115.60
|
118.60
|
3.00
|
32.21
|
16.34
|
|
21RDD061
|
|
76.00
|
78.50
|
2.50
|
4.88
|
5.91
|
1.57
|
Incl.
|
78.00
|
78.50
|
0.50
|
18.10
|
23.20
|
|
21RDD062
|
|
57.10
|
58.50
|
1.40
|
3.77
|
1.50
|
|
And
|
142.00
|
144.00
|
2.00
|
2.66
|
3.89
|
|
21RDD063
|
|
228.00
|
250.00
|
22.00
|
0.73
|
1.15
|
|
And
|
268.42
|
274.00
|
5.58
|
1.41
|
2.54
|
|
And
|
377.00
|
381.00
|
4.00
|
2.60
|
3.80
|
0.67
|
Incl.
|
378.00
|
379.00
|
1.00
|
8.39
|
12.20
|
|
21RDD064
|
|
142.00
|
152.50
|
10.50
|
0.98
|
0.88
|
|
21RDD065
|
|
41.50
|
49.00
|
7.50
|
3.64
|
3.18
|
1.01
|
Incl.
|
44.75
|
46.50
|
1.75
|
12.26
|
10.02
|
|
And
|
79.80
|
82.00
|
2.20
|
3.81
|
4.25
|
|
And
|
99.00
|
110.00
|
11.00
|
1.95
|
1.55
|
1.17
|
Incl.
|
99.50
|
102.00
|
2.50
|
4.61
|
4.16
|
|
And
|
132.00
|
134.00
|
2.00
|
8.58
|
4.83
|
2.78
|
Incl.
|
132.00
|
132.50
|
0.50
|
26.00
|
13.80
|
|
21RDD066
|
|
213.54
|
221.20
|
7.66
|
0.66
|
1.00
|
|
And
|
329.75
|
346.00
|
16.25
|
0.77
|
1.08
|
0.53
|
Incl.
|
339.50
|
340.50
|
1.00
|
4.52
|
5.91
|
|
And
|
366.40
|
369.00
|
2.60
|
3.17
|
2.69
|
1.33
|
Incl.
|
367.50
|
368.50
|
1.00
|
6.12
|
5.00
|
|
And
|
394.00
|
397.05
|
3.05
|
2.94
|
3.86
|
0.91
|
Incl.
|
394.00
|
394.90
|
0.90
|
7.80
|
8.40
|
|
And
|
416.00
|
441.00
|
25.00
|
0.31
|
0.31
|
|
21RDD067
|
|
136.50
|
141.50
|
5.00
|
6.74
|
5.65
|
1.51
|
Incl.
|
138.00
|
140.00
|
2.00
|
14.58
|
11.33
|
|
21RDD068
|
|
375.00
|
385.50
|
10.50
|
1.58
|
1.17
|
1.03
|
Incl
|
378.00
|
381.00
|
3.00
|
2.97
|
2.60
|
|
21RDD069
|
|
151.35
|
151.65
|
0.30
|
22.30
|
27.80
|
|
And
|
159.00
|
170.00
|
11.00
|
1.91
|
1.29
|
0.98
|
Incl.
|
166.00
|
169.30
|
3.30
|
4.08
|
1.71
|
|
21RDD070
|
|
5.00
|
19.75
|
14.75
|
0.82
|
0.76
|
0.41
|
Incl.
|
16.00
|
17.00
|
1.00
|
6.53
|
5.80
|
|
And
|
95.50
|
101.50
|
6.00
|
1.08
|
0.83
|
|
21RDD070A
|
|
7.50
|
9.00
|
1.50
|
3.20
|
0.60
|
|
And
|
102.50
|
111.00
|
8.50
|
0.86
|
0.53
|
|
And
|
405.50
|
408.30
|
2.80
|
1.80
|
1.24
|
0.87
|
Incl.
|
408.00
|
408.30
|
0.30
|
9.57
|
6.10
|
|
21RDD071A
|
|
97.05
|
98.60
|
1.55
|
3.19
|
7.87
|
|
And
|
120.00
|
128.00
|
8.00
|
2.05
|
2.01
|
0.98
|
Incl.
|
126.45
|
127.15
|
0.70
|
13.20
|
14.10
|
|
21RDD072D
|
|
271.40
|
276.50
|
5.10
|
1.18
|
1.20
|
|
And
|
403.50
|
406.00
|
2.50
|
2.49
|
2.50
|
2.09
|
Incl.
|
405.50
|
406.00
|
0.50
|
4.01
|
2.70
|
|
21RDD073A
|
|
145.85
|
151.50
|
5.65
|
0.76
|
0.92
|
|
And
|
189.60
|
194.30
|
4.70
|
1.68
|
2.47
|
0.87
|
Incl.
|
192.95
|
193.50
|
0.55
|
7.86
|
13.10
|
|
21RDD074
|
|
241.75
|
245.20
|
3.45
|
17.53
|
28.51
|
1.08
|
Incl.
|
243.60
|
244.10
|
0.50
|
114.60
|
187.30
|
|
21RDD075
|
|
140.84
|
141.70
|
0.86
|
9.63
|
12.63
|
|
And
|
188.80
|
190.00
|
1.20
|
6.23
|
6.08
|
|
21RDD076
|
|
49.20
|
60.20
|
11.00
|
0.54
|
0.73
|
|
21RDD077
|
|
30.50
|
44.70
|
14.20
|
3.91
|
3.50
|
1.19
|
Incl.
|
41.50
|
44.23
|
2.73
|
15.34
|
15.71
|
|
And
|
167.00
|
176.00
|
9.00
|
0.53
|
0.64
|
|
And
|
258.50
|
266.00
|
7.50
|
3.06
|
3.93
|
0.88
|
Incl.
|
258.50
|
259.10
|
0.60
|
28.10
|
37.90
|
|
And
|
347.52
|
353.55
|
6.03
|
0.69
|
0.73
|
|
21RDD078
|
|
22.00
|
22.50
|
0.50
|
36.40
|
11.60
|
|
And
|
69.00
|
85.50
|
16.50
|
1.27
|
0.91
|
|
21RDD079
|
|
94.35
|
113.20
|
18.85
|
1.12
|
1.48
|
0.86
|
Incl.
|
94.65
|
95.50
|
0.85
|
6.76
|
15.56
|
|
And
|
134.20
|
134.50
|
0.30
|
10.60
|
8.50
|
|
21RDD080
|
|
115.30
|
121.45
|
6.15
|
1.16
|
1.14
|
|
And
|
147.50
|
152.50
|
5.00
|
1.05
|
1.18
|
|
21RDD082A
|
|
72.40
|
74.00
|
1.60
|
28.34
|
39.56
|
|
And
|
109.77
|
111.00
|
1.23
|
13.90
|
11.94
|
|
And
|
130.11
|
131.30
|
1.19
|
14.12
|
9.82
|
|
And
|
190.58
|
193.39
|
2.81
|
5.81
|
6.53
|
1.53
|
Incl.
|
190.58
|
191.12
|
0.54
|
23.80
|
24.50
|
|
21RDD083
|
|
117.50
|
126.00
|
8.50
|
0.86
|
1.01
|
|
21RDD084
|
|
213.50
|
216.00
|
2.50
|
1.98
|
1.39
|
|
21RDD086A
|
|
73.95
|
76.00
|
2.05
|
2.52
|
5.00
|
0.80
|
Incl.
|
73.95
|
74.50
|
0.55
|
7.23
|
16.20
|
|
21RDD087
|
|
85.40
|
90.00
|
4.60
|
2.49
|
2.00
|
1.76
|
Incl.
|
89.16
|
89.64
|
0.48
|
8.80
|
4.90
|
|
And
|
145.39
|
150.42
|
5.03
|
4.67
|
6.25
|
1.78
|
Incl.
|
147.35
|
147.76
|
0.41
|
17.10
|
15.80
|
|
And
Incl.
|
149.90
|
150.42
|
0.52
|
17.70
|
24.60
|
|
Assay intervals
reported are core lengths, true widths have not been
determined
|
Figure 5. Drill Collar Table
Hole
ID
|
Easting
(NAD83)
|
Northing
(NAD83)
|
Elevation
(m)
|
Depth
(m)
|
Dip
|
Azimuth
|
21RDD054
|
519119
|
5620019
|
377
|
491.00
|
-45
|
328
|
21RDD055
|
519585
|
5620904
|
375
|
270.00
|
-50
|
162
|
21RDD056
|
519581
|
5620641
|
376
|
13.40
|
-45
|
350
|
21RDD056A
|
519581
|
5620641
|
376
|
186.00
|
-45
|
350
|
21RDD057
|
519585
|
5620904
|
375
|
285.00
|
-61
|
162
|
21RDD058
|
518976
|
5620078
|
378
|
272.00
|
-45
|
324
|
21RDD059
|
519604
|
5620590
|
376
|
414.00
|
-46
|
321
|
21RDD060
|
519639
|
5620821
|
375
|
162.00
|
-45
|
179
|
21RDD061
|
519148
|
5620128
|
379
|
356.00
|
-45
|
335
|
21RDD062
|
519701
|
5620870
|
375
|
267.00
|
-47
|
159
|
21RDD063
|
519148
|
5620128
|
379
|
513.62
|
-65
|
335
|
21RDD064
|
519717
|
5620659
|
379
|
234.00
|
-45
|
340
|
21RDD065
|
519823
|
5620699
|
379
|
261.00
|
-45
|
340
|
21RDD066
|
519241
|
5620108
|
377
|
512.00
|
-54
|
338
|
21RDD067
|
519487
|
5620838
|
375
|
198.00
|
-46
|
160
|
21RDD068
|
519709
|
5620543
|
377
|
492.00
|
-45
|
339
|
21RDD069
|
519487
|
5620838
|
375
|
252.00
|
-61
|
160
|
21RDD070
|
519263
|
5620147
|
377
|
260.00
|
-45
|
350
|
21RDD070A
|
519263
|
5620147
|
377
|
422.00
|
-45
|
350
|
21RDD071
|
519263
|
5620793
|
375
|
21.00
|
-45
|
160
|
21RDD071A
|
519263
|
5620793
|
375
|
165.00
|
-45
|
160
|
21RDD072
|
519519
|
5620564
|
377
|
63.00
|
-45
|
329
|
21RDD072B
|
519519
|
5620564
|
377
|
69.00
|
-45
|
329
|
21RDD072C
|
519519
|
5620564
|
377
|
33.00
|
-45
|
329
|
21RDD072D
|
519519
|
5620564
|
377
|
453.00
|
-45
|
329
|
21RDD073
|
519263
|
5620793
|
375
|
12.00
|
-65
|
160
|
21RDD073A
|
519263
|
5620793
|
375
|
255.00
|
-65
|
160
|
21RDD074
|
519275
|
5620574
|
375
|
312.00
|
-45
|
340
|
21RDD075
|
518648
|
5619858
|
387
|
224.00
|
-45
|
152
|
21RDD076
|
519250
|
5620668
|
375
|
201.00
|
-45
|
340
|
21RDD077
|
518626
|
5620061
|
382
|
408.08
|
-46
|
174
|
21RDD078
|
519194
|
5620652
|
375
|
150.00
|
-45
|
340
|
21RDD079
|
519308
|
5620799
|
375
|
159.00
|
-45
|
160
|
21RDD080
|
519308
|
5620799
|
375
|
231.00
|
-63
|
160
|
21RDD082
|
518716
|
5620128
|
384
|
32.00
|
-50
|
173
|
21RDD082A
|
518716
|
5620128
|
384
|
329.00
|
-50
|
173
|
21RDD083
|
519340
|
5620837
|
375
|
231.00
|
-46
|
160
|
21RDD084
|
519340
|
5620837
|
375
|
270.00
|
-61
|
160
|
21RDD086
|
519410
|
5620800
|
375
|
9.00
|
-45
|
160
|
21RDD086A
|
519410
|
5620800
|
375
|
150.00
|
-45
|
160
|
21RDD087
|
519410
|
5620800
|
375
|
186.00
|
-61
|
160
|
Qualified Person
Mr. Jan Wozniewski, B. Sc., P. Geo., OGQ (#2239) is the
"Qualified Person" under National Instrument 43-101, has reviewed
and approved the scientific and technical information in this press
release.
About the Frotet Project
The Frotet Project was first identified by Kenorland in 2017
after completing a regional prospectivity study over the Abitibi
and Frotet-Evans Greenstone Belts of Quebec. The initial 55,921 ha property was
acquired through map staking in March, 2017 and optioned to
Sumitomo Metal Mining Canada Ltd. ("SMMCL"), a wholly owned
subsidiary of Sumitomo Metal Mining Co., Ltd. in April, 2018. Two
years of property-wide systematic till sampling led to a maiden
drill program in 2020 which resulted in a significant grassroots
discovery at the prospect now named Regnault. The project is
currently under Joint Venture agreement between SMMCL and Kenorland
Minerals Ltd., with interests being held at 80% and 20%
respectively. Under the Joint Venture, exploration is funded
pro-rata and Kenorland is presently the operator of the
project. Any party which does not contribute and is diluted
below a 10% interest, converts its interest to an 2% uncapped net
smelter royalty.
Figure 6. Map of Frotet Project showing Regional Till
Sampling Geochemical Results
About Kenorland Minerals
Kenorland Minerals Ltd. (TSX.V KLD) is a mineral exploration
Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia, Canada.
Kenorland's focus is early to advanced stage exploration in North
America. The Company currently holds three projects in
Quebec where work is being
completed under joint venture and earn-in agreement from third
parties. The Frotet Project is held under joint venture with
Sumitomo, the Chicobi Project is optioned to Sumitomo, and the
Chebistuan Project is optioned to Newmont Corporation. In
Ontario, the Company holds the
South Uchi Project under an earn-in agreement with a wholly owned
subsidiary of Barrick Gold Corporation. The Company also owns
100% of the advanced stage Tanacross porphyry Cu-Au-Mo project as
well as an option to earn up to 70% from Newmont Corporation on the
Healy Project, both located in Alaska,
USA.
Further information can be found on the Company's website
www.kenorlandminerals.com
Kenorland Minerals Ltd.
Zach Flood
President and
CEO
Tel: +1 604 363 1779
zach@kenorlandminerals.com
Kenorland Minerals Ltd.
Francis MacDonald
Executive Vice President
Tel: +1 778 322 8705
francis@kenorlandminerals.com
Cautionary Statement Regarding Forward Looking
Statements
This news release contains forward-looking statements and
forward-looking information (together, "forward-looking
statements") within the meaning of applicable securities laws. All
statements, other than statements of historical facts, are
forward-looking statements. Generally, forward-looking statements
can be identified by the use of terminology such as "plans",
"expects', "estimates", "intends", "anticipates", "believes" or
variations of such words, or statements that certain actions,
events or results "may", "could", "would", "might", "will be
taken", "occur" or "be achieved". Forward looking statements
involve risks, uncertainties and other factors disclosed under the
heading "Risk Factors" and elsewhere in the Company's filings with
Canadian securities regulators, that could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed or implied by such forward-looking statements.
Although the Company believes that the assumptions and factors used
in preparing these forward-looking statements are reasonable based
upon the information currently available to management as of the
date hereof, actual results and developments may differ materially
from those contemplated by these statements. Readers are therefore
cautioned not to place undue reliance on these statements, which
only apply as of the date of this news release, and no assurance
can be given that such events will occur in the disclosed times
frames or at all. Except where required by applicable law, the
Company disclaims any intention or obligation to update or revise
any forward-looking statement, whether as a result of new
information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Kenorland Minerals Ltd.