Kenorland Minerals (TSXV: KLD) has reported drill outcomes from half the 30 holes just lately drilled on the high-grade Frotet gold mission in northern Quebec, together with a spotlight of 5.7 metres of 90.56 grams gold per tonne.
The recently listed junior made the grassroots Regnault discovery on the 393.7-sq.-km Frotet mission, 100 km north of Chibaugamau, final 12 months, slicing 29.1 metres of 8.47 grams gold per tonne its preliminary drill marketing campaign.
Along with the drill outcomes, Kenorland experiences that Sumitomo Metallic Mining Canada has now earned an 80% stake in Frotet, with the 2 corporations forming a three way partnership. Kenorland will proceed as operator of this system and each corporations will fund a proportionate share of exploration funding.
Highlights of reported assays from the 8,591-metre drill program at Regnault embrace: 5.7 metres of 90.56 grams gold per tonne and 109.95 grans silver (beginning at 82 metres depth), together with 3.9 metres of 132.57 grams gold and 161.01 grams silver in gap 024; 3.6 metres of 6.37 grams gold and 6.64 grams silver (beginning at 178.8 metres), together with 0.3 metre of 60.8 grams gold and 59.1 grams silver in gap 029B; and 25.3 metres of 6.29 grams gold and seven.59 grams silver (beginning at 132 metres) together with 0.5 metre of 48.9 grams gold and and 53.9 grams silver, and 4.6 metres of twenty-two.06 grams gold and 29.08 grams silver in gap 037.
Assays from one other 15 holes are pending, however plans are already underneath solution to start a 20,000-metre summer season drill program on the mission beginning in July.
“We’re very excited by the newest drill outcomes at Regnault,” Zach Flood, Kenorland;s CEO, outlined in a press launch. “This discovery continues to ship high-grade gold intercepts, indicating the sturdy nature of the system. Most significantly, our understanding of the orientation of those gold-bearing buildings has developed vastly all through this newest spherical of drilling. Going ahead, it will enable us to increase on recognized mineralization and goal further gold bearing buildings throughout the Regnault pattern.”
Regnault hosts high-grade mineralization alongside a number of buildings in a footprint that has grown to 2 km by 500 metres. The deposit is described as a shear-hosted, laminated quartz-carbonate-pyrite vein system hosted throughout the Regnault intrusive advanced, putting in a common east-west course and dipping steeply to the north.