Kenorland Minerals

Kenorland Minerals Completes First Drill Program At Regnault, Exploration At Tanacross, Chebistuan And Healy Underway, Sells Fox Property

Drilling at Regnault target, Frotet project, Quebec

After the nice batch of results released at the end of May, beautifully complementing the first sets of strong intercepts, Kenorland Minerals (KLD.V)(3WQO.FSE) was hoping to find more of the same when targeting the more southern parts of the discovered Regnault structure, potentially growing this into a district scale discovery. The final drill results from the 8,591m diamond drill program, being the remaining 15 holes (5,104m) were not of this high standard unfortunately, but for a greenfield exploration venture this project has already been a resounding success, with most holes hitting mineralization. The share price reacted substantially to the May results, which included the impressive 5.72m @ 90.56 g/t Au (incl. 3.89m at 132.57 g/t Au) intercept, as can be seen here:

Kenorland Minerals Hits 5.72m @ 90.56g/t Au At Regnault Gold Project

Drilling at Frotet project, Quebec

It took some time, but it all seems to come together rather nicely now for hybrid prospect generator Kenorland Minerals (KLD.V) and its young prodigy CEO, Zach Flood. A few days ago the gold price broke through the important barrier of US$1900/oz again, lots of metals are witnessing positive sentiment on the back of a recovering world economy as COVID-19 vaccines are rolled out worldwide, so despite a recent crypto crash the mining industry is enjoying a bull market again after 2016-2017.

Hybrid Prospect Generator Kenorland Minerals: Talented Management, Cashed Up And Has Commenced Follow Up Drilling At Promising Regnault Gold Project

Drilling at Frotet project, Quebec

1. Introduction

Kenorland Minerals was mentioned to me at the end of 2019 by mining legend Rick Rule, departing CEO of Sprott US Holdings, and more specific he extensively expressed his admiration for the young CEO of Kenorland, Zach Flood. According to Rule, who recently announced his retirement, Flood is a top category prodigy, who is probably destined to go places. Such an endorsement is pretty rare, so I kept this in the back of my head, as Kenorland wasn’t trading at the time. I had to wait until after the RTO in January of this year. After a few weeks of trading the share price started to come down, also caused by headwinds for gold as interest rates for bonds were steadily rising:

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