Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Resource Estimate

Kenorland Minerals Files NI 43-101 Technical Report on the Frotet Project, Quebec

KLD · Price

Executive Summary

  • Kenorland Minerals filed an NI 43‑101 Technical Report for the Frotet Project, disclosing an initial Inferred Mineral Resource of 14.5 Mt at 5.47 g/t Au (2.55 Moz Au).
  • The report confirms Kenorland’s 4% NSR royalty on a project 100 km north of Chibougamau, Quebec, wholly owned and operated by Sumitomo Metal Mining Canada Ltd.
  • The resource estimate follows extensive exploration (131,713 m drilling) and reflects the company’s continued focus on early‑stage gold projects in North America.

Key Details

  • Technical Report: “NI 43‑101 Technical Report, Frotet Project – Regnault Deposit, Chibougamau, Québec, Canada” filed on SEDAR+.
  • Effective Date: November 30 2025; Report date: January 29 2026.
  • Qualified Person: Marie‑Christine Gosselin, P.Geo., SLR Consulting (Canada) Ltd. (OGQ #02060).
  • Inferred Mineral Resource: 14.5 Mt @ 5.47 g/t Au = 2.55 Moz gold (inferred category).
  • Royalty Position: Kenorland holds a 4% Net Smelter Return royalty on the Frotet Project; the project is 100% owned by Sumitomo Metal Mining Canada Ltd.
  • Project Overview:
  • Area: 38,930 ha within the Frotet‑Evans greenstone belt, Opatica sub‑province, Québec.
  • Adjacent to historic Troilus Au‑Cu mine (9.32 Moz Au indicated resource).
  • Infrastructure: forestry road network, Route‑du‑Nord, and a power transmission line crossing the property.
  • Exploration History: 131,713 m of drilling (296 holes) completed to date; Regnault discovery made in 2020.
  • Transaction Note: On February 19 2024, Kenorland exchanged its 20% participating interest for a 4% NSR royalty with Sumitomo.

Notable Quotes

  • “The filing of this NI 43‑101 Technical Report and the initial inferred resource underscore the significant gold potential at Regnault and our strategic partnership with Sumitomo,” – Zach Flood, President, CEO & Director.
Read the original news release →

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