Kenorland and Auranova Announce Large Intrusion-Related Gold Discovery at South Uchi, Ontario

About this update from Kenorland Minerals Ltd.

Vancouver, British Columbia--(Newsfile Corp. - June 17, 2026) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") and Auranova Resources Inc. ("Auranova") are pleased to announce complete assay results from the 2026 spring (phase 3) diamond drill program at the South Uchi Project (the "Project"), located in the Red Lake District of Ontario. The program comprised six drill holes totalling 3,187 metres, successfully extending the Papaonga gold target to the east along the mineralised structural corridor recently identified in the Phase 2 diamond drill program (see press release dated January 28, 2026). Phase 3 drilling has identified a large new mineralised target. Drill Highlights: Zach Flood, President and CEO of Kenorland Minerals, commented, "These results further demonstrate the presence of a newly discovered, extensive gold system in the Papaonga target area. The scale and continuity of mineralisation continue to exceed our expectations, reinforcing our confidence in the significant potential of this project. The next phase of exploration will include detailed geophysical surveys to better define the footprint of the system and guide additional step-out drilling. We look forward to advancing with work with our partners at Auranova." Figure 1. Plan map of Papaonga with drill hole locations including highlights from this press release To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6489/301803_1d50c2ae746c4bde_001full.jpg Discussion of Results The 2026 spring drill program represents the third phase of drilling at Papaonga, designed to test strike extensions of the northern mineralised structural corridor recently identified in late 2025. The program was designed as broad step-outs, at approximately 500 m spacing towards the east and west from drill holes 25PADD031 and 25PADD034 which intersected a ~200 m-wide mineralised corridor (see press release dated January 28, 2026). Drilling successfully intersected broad zones of hydrothermal alteration and gold mineralisation towards the east and remains open, concealed beneath deep glacial till and glaciolacustrine cover, further demonstrating the scale of the Papaonga system. Step-out drill hole 26PADD046, located roughly 500 m to the east of previous drilling along th...

View stock analysis, news, and events for Kenorland Minerals Ltd.