Northwire Canada EditionTuesday, August 4, 2026
Northwire
SALT 1.51 +9.4% TGOL 0.110 +4.8% MON 0.580 +0.0% AZS 0.610 +28.4% NIO 0.130 +0.0% SKEL 0.180 −18.2% ERO 40.49 +7.6% SRL 0.280 +7.7% SLS 11.33 +7.5% ATY 0.245 +6.5% NBY 0.085 +0.0% CNL 18.88 +9.1% IN 0.050 +0.0% VENT 0.160 +0.0% ANK 0.270 +0.0% SLG 5.14 +8.2% SALT 1.51 +9.4% TGOL 0.110 +4.8% MON 0.580 +0.0% AZS 0.610 +28.4% NIO 0.130 +0.0% SKEL 0.180 −18.2% ERO 40.49 +7.6% SRL 0.280 +7.7% SLS 11.33 +7.5% ATY 0.245 +6.5% NBY 0.085 +0.0% CNL 18.88 +9.1% IN 0.050 +0.0% VENT 0.160 +0.0% ANK 0.270 +0.0% SLG 5.14 +8.2%
Resource Estimate

Kenorland drills 12.15 m of 26.33 g/t Au at Frotet

KLD · Price

Executive Summary

  • Kenorland announced high‑grade intercepts from the winter 2025 drill program at the Frotet project, highlighted by a 12.15 m interval averaging 26.33 g/t Au (including 1.80 m @ 99.64 g/t Au) on vein R6.
  • The company transferred operatorship of the Frotet project to Sumitomo Metal Mining Canada Ltd., while retaining a 4 % NSR royalty and remaining as consultant.
  • A maiden NI 43‑101 mineral resource estimate for the Regnault gold system is being prepared, with expected completion in late 2025 or early 2026.

Key Details

  • Drill Highlights (Winter 2025 – 13 of 34 holes, 8,865 m):
  • 25RDD261: 12.15 m @ 26.33 g/t Au (incl. 1.80 m @ 99.64 g/t Au) – R6 trend, 92‑m stepout north of 23RDD161.
  • 25RDD257: 7.80 m @ 13.98 g/t Au (incl. 1.15 m @ 81.01 g/t Au) – R1 trend.
  • 25RDD259: 4.50 m @ 18.06 g/t Au (incl. 1.60 m @ 47.14 g/t Au) – R1 trend.
  • 25RDD262: 0.60 m @ 91.60 g/t Au – R9 trend.
  • 25RDD258: 1.70 m @ 31.59 g/t Au (incl. 0.35 m @ 145.90 g/t Au) – R5 trend.
  • 25RDD257 (infill): 14.40 m @ 3.45 g/t Au (incl. 4.60 m @ 7.51 g/t Au) – R6 trend, 65 m east of 24RDD217.
  • 25RDD264: 4.80 m @ 9.85 g/t Au (incl. 1.15 m @ 32.16 g/t Au) – R6 trend, 48 m west of 24RDD200A.

  • Program Scope: Total winter‑2025 program = 22,913 m across 34 holes; results reported for the final 13 holes (8,865 m).

  • Operatorship Transfer: Effective immediately, Sumitomo Metal Mining Canada Ltd. becomes operator of Frotet; Kenorland retains consulting role and 4 % NSR royalty.

  • Maiden Resource Estimate: Independent consultant engaged to prepare NI 43‑101 compliant resource estimate for the Regnault system; filing anticipated on SEDAR+ in late 2025/early 2026.

  • Project Context:

  • Frotet covers 39,365 ha in the Frotet‑Evans greenstone belt (Opatica subprovince, Quebec).
  • Adjacent to Troilus mine (9.32 Moz Au indicated resource).
  • Cumulative drilling to date: 127,217 m (265 holes).

  • Quality Assurance/Control: Core sampled under company supervision; analyzed by Bureau Veritas Commodities (BV) using fire‑assay/AAS and ICP‑MS methods; all QA/QC metrics met acceptable limits.

  • Qualified Person: Cedric Mayer, MSc, PGeo (OGQ 02385), senior project geologist, reviewed and approved the technical information.

Notable Quotes

(No direct quotes were provided in the release.)

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