Makenita Rsrcs (KENYF) Stock News

Makenita Resources (OTC:KENYF) has initiated drilling operations at its Hector Silver-Cobalt Project in Ontario's Larder Lake Mining Division. The maiden drill program targets areas identified through 522.9 line-kilometres of airborne magnetic and VLF-EM surveys.

Key target areas include the Block 9 silver anomaly, which historically yielded up to 326 g/t silver, and the South Keora shaft, a historic prospect with reported grades of 12-15% cobalt and up to 1,000 oz/ton silver from 1913 sampling. The program aims to test silver and cobalt targets based on an updated structural model.

Makenita Resources (KENYF) has engaged Vital Drilling Services to commence its maiden drill program at the Hector Silver Project in Ontario's Larder Lake Mining Division. The project covers 2,243 hectares across 126 contiguous unpatented mineral claims. The drilling program will target high-priority areas identified through geological interpretation and recent fieldwork, including the Block 9 silver anomaly, which historically yielded 326 g/t silver, and the South Keora shaft area, where historic sampling reported 12-15% cobalt and up to 1,000 oz/ton silver. The program is guided by structural models derived from airborne magnetic and VLF-EM surveys conducted between 2017-2021. Drilling is expected to begin in late June 2025, marking a significant milestone in the company's exploration efforts.

Makenita Resources (CSE: KENY, OTC: KENYF) has engaged Apex Geosciences Ltd. as its lead geological consulting partner for the Hector Silver-Cobalt Project in Ontario's Timiskaming district. The company has recently secured a drilling permit and is preparing to launch its maiden drill program. The Hector Project encompasses 2,243 hectares with 126 contiguous mineral claims, featuring historical cobalt-in-soil anomalies up to 98 ppm and copper-cobalt mineralization. The upcoming exploration campaign includes surface mapping, geochemical sampling, and geophysics. This development coincides with Makenita's recent DTC eligibility for its U.S. trading symbol, enhancing trading accessibility for U.S. and European investors.

Makenita Resources (KENYF) has secured regulatory approval for its drilling permit at the Hector Silver/Cobalt Property in Ontario's Timiskaming District. The company plans to commence its maiden drilling program targeting high-priority zones identified through recent geological assessments. The Hector Property spans 126 unpatented mineral claims across 2,243 hectares in the historic Larder Lake Mining Division. Additionally, Makenita recently achieved DTC eligibility for its U.S. trading symbol KENYF, enabling electronic clearing and settlement of shares for American investors. The company aims to leverage its tightly held share structure and positive commodity fundamentals to establish itself as a notable exploration player in the North American resource sector.

Makenita Resources (CSE: KENY) (OTC Pink: KENYF) has announced receiving its U.S. trading symbol KENYF and is pursuing DTC eligibility to enhance trading accessibility in the U.S. market. The company has applied for a drill permit to commence its maiden drilling program at the Hector Silver/Cobalt Property in Ontario, with drilling expected to begin in the coming weeks pending approval.

Company President Jason Gigliotti highlighted that obtaining the U.S. symbol is a significant milestone that expands their reach to potential investors. The company plans to implement a marketing strategy focusing on their German, Canadian, and USA symbols, leveraging their tight share float, upcoming drill program, and strong commodity prices to attract new shareholders.

Makenita Resources (CSE: KENY) (OTC Pink: KENYF) has submitted a drill permit application to initiate its maiden drill program at its Silver/Cobalt project in Ontario. The company expects drilling operations to commence in the upcoming weeks.

Company President Jason Gigliotti highlighted the strategic timing of the program, citing favorable conditions including the company's small float structure and rising silver prices. The project area, historically explored by Teck, has become more accessible due to forest fires clearing previously challenging terrain.