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

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.