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Kenorland Acquires District-Scale Land Package in Ontario's Birch-Uchi Greenstone Belt
Kenorland Acquires District-Scale Land Package in Ontario's Birch-Uchi Greenstone Belt ...
About this update from Kenorland Minerals Ltd.
[{"type":"text","content":"\n \n \n \n Kenorland Acquires District-Scale Land Package in Ontario's Birch-Uchi Greenstone Belt\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n April 30, 2021\n \n /CNW/ -\n \n Kenorland Minerals Ltd.\n \n (TSXV: KLD) (FSE: 3WQ0) (\n \n \"Kenorland\"\n \n or\n \n \"the Company\"\n \n ) is pleased to announce that is has acquired, through staking, 65,657 hectares of mineral claims within the Birch-Uchi Greenstone Belt, in the\n \n Red Lake\n \n district of\n \n Northwestern Ontario\n \n . In addition, Kenorland has entered into an option agreement, dated\n \n April 29, 2021\n \n , (the \"\n \n Option Agreement\n \n \") with a private\n \n Ontario\n \n company pursuant to which Kenorland has been granted the sole and exclusive option (the \"\n \n Option\n \n \") to acquire a 100% interest in the Curie Lake and Root Lake West properties (the \"\n \n Properties\n \n \"). The staked and optioned claims combine for a total of 76,511 hectares and are referred to as Kenorland's South Uchi Project (\n \n \"the Project\"\n \n ).\n \n \n \n \n \n \n \n \n \n \n About the South Uchi Project\n \n \n \n The Project covers a portion of Confederation Assemblage volcanic rocks, as well as the boundary between the volcanic-dominated Uchi subprovince to the north and the sedimentary-dominated English River subprovince to the south. Multiple major east-west striking shear zones associated with the subprovince boundary transect the Project along its 90km strike-length. Deformation associated with these structures has resulted in zones of strong shearing, alteration and complex folded geometries of the metavolcanic-clastic metasedimentary-iron formation stratigraphy, which are favorable settings for orogenic gold mineralization.\n \n \n The majority of gold deposits in the\n \n Red Lake\n \n District (\n \n Red Lake\n \n ,\n \n Madsen\n \n , Hasaga, and others) are located on the northern margin of the Confederation Assemblage, however, the recent discoveries such as the LP Fault on the Dixie Project by Great ...