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Kenorland Announces the Commencement of Drilling along with 2022 Exploration Budget at the Frotet Project
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Kenorland Minerals Ltd. (TSXV:...
About this update from Kenorland Minerals Ltd.
[{"type":"text","content":"Kenorland Announces the Commencement of Drilling along with 2022 Exploration Budget at the Frotet ProjectVancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) (\"Kenorland\" or \"the Company\") is pleased to announce the commencement of drilling in addition to the 2022 exploration budget at the Frotet Project, (\"the Project\"), located in northern Quebec and held under joint venture (\"the Joint Venture\") with Sumitomo Metal Mining Canada Ltd. (\"SMMCL\").Fiscal 2022 Exploration BudgetA total exploration budget of C$12.5 million has been approved by the Joint Venture for continued exploration over the next twelve months. Work will include up to 40,000 meters of drilling carried out over two phases: a summer campaign from April to July of 2022, and a winter campaign from January to April of 2023.Summer 2022 Drill Campaign Has CommencedThe 2022 Summer drill program has commenced and will include up to 14,500 meters of diamond drilling, of which approximately 12,000 meters will be allocated towards the Regnault discovery, and up to 2,500 meters will be designated for regional exploration. This program follows the recently completed 10,880 meter winter drill program (see press release dated March 28, 2022). The Company expects assays from the Winter 2022 program to be announced during the second quarter.Figure 1. Plan map of Regnault drilling (reported, assays pending, and proposed)Plan map of Regnault drilling (reported, assays pending, and proposed)To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6489/122433_e014c72fd41439bf_001full.jpg.Zach Flood, CEO of Kenorland Minerals states, \"As we begin this next phase of exploration it is important to recognize that within two years, we have taken Regnault from a blind greenfields discovery to over 45,000 meters of drilling to date, confirming a gold system of exceptional quality and scale. Although we have made incredible progress, it is still early days as the discovery unfolds.\"Regnault Summer 2022 Drill Program Approximately 60% of the proposed drilling will be allocated for step-out drilling along the R1, R5, and newly discovered veins (see press release dated March 28, 2022). Six drill holes are planned to significantly expand these vein systems towards the east at d...