Kenorland Minerals Ltd. Stock Price, News & Analysis

Kenorland Minerals (OTCQX: KLDCF) and Auranova completed the 2025 fall drill program at the South Uchi Project in Red Lake, Ontario on November 3, 2025. The Phase 2 campaign comprised 13 diamond drill holes totalling 7,075 metres, building on a maiden winter campaign that outlined widespread gold mineralisation along a five-kilometre structural corridor. Step-out drilling extended the deformation zone by approximately 2 kilometres to the east and identified a new mineralised corridor to the northeast. Mineralisation is multi-stage, sulphide-rich quartz-carbonate veining with trace visible gold. Assay results are expected in Q1 2026.

Kenorland Minerals (OTCQX: KLDCF) and Auranova Resources commenced a Phase 2 diamond drill program at the South Uchi Project in Ontario on October 7, 2025.

The Fall 2025 program is approved for up to 6,000m of drilling across 13 holes at the Papaonga target to expand on a maiden 2025 discovery. Follow-up holes target tighter step-outs around hole 25PADD023 (which reported quartz-carbonate stockwork with visible gold) and broader step-outs along an interpreted east-west deformation zone, plus new tests beneath deep overburden to define geometry and continuity of gold-bearing structures.

Kenorland Minerals (OTCQX: KLDCF) has completed a private placement through the exercise of 'top-up rights' by Sumitomo Metal Mining Canada and Centerra Gold. The transaction involves the issuance of 51,805 common shares at $2.028 per share, totaling $105,060.54.

The shares are subject to a statutory hold period until January 16, 2026. This placement allows Sumitomo and Centerra to maintain their respective 10.1% and 9.9% ownership interests in Kenorland, as per their investor rights agreements from November 2021 and May 2024.

Kenorland Minerals (OTCQX: KLDCF) announced that both Sumitomo Metal Mining Canada and Centerra Gold have exercised their top-up rights to maintain their respective ownership stakes in the company.

The company will issue a total of 51,805 common shares at $2.028 per share, for total consideration of $105,060.54. Specifically, 26,162 shares will be issued to Sumitomo to maintain its 10.1% interest, while 25,643 shares will be issued to Centerra to maintain its 9.9% interest. The issuance is subject to TSX Venture Exchange approval.

Kenorland Minerals (OTCQX:KLDCF) has announced the strategic acquisition of the KSZ Project through map staking in Ontario, Canada. The newly acquired property encompasses 114,084 hectares of mineral claims and is located approximately 25km north of Borden Lake.

Kenorland Minerals (OTCQX: KLDCF) has announced significant high-grade gold intercepts from its 2025 winter drill program at the Frotet Project in Quebec. The most notable result was 26.33 g/t Au over 12.15m from the R6 vein set. The company completed 34 drill holes totaling 22,913 meters, with this release covering the final 13 holes (8,865 meters).

Key developments include the transfer of operatorship to Sumitomo Metal Mining and the initiation of a maiden Mineral Resource Estimate (MRE) expected by late 2025 or early 2026. Kenorland maintains a 4% NSR Royalty on the Project and will continue involvement on a consulting basis.

The drilling program focused on step-out exploration and infill drilling to increase confidence in vein system geometry, maintaining 50-100m spacing within the known mineralized footprint. Results confirm the scale, continuity, and high-grade nature of the Regnault system, with mineralization remaining open at depth.

Kenorland Minerals (OTCQX: KLDCF) provided a comprehensive exploration update across its portfolio of projects. The company reported a strong financial position with $24.3 million in working capital as of May 31, 2025. Total forecasted exploration expenditures for 2025 exceed $44.7 million, with $33.5 million funded by partners.

Significant drilling results were reported from the Regnault gold system at the Frotet Project, including impressive intercepts of 6.70m at 30.41 g/t Au and 7.70m at 16.26 g/t Au. The company is advancing multiple projects through partnerships with major mining companies including Sumitomo, Newmont, and Centerra Gold.

Notable developments include the discovery of a new gold system at the South Uchi Project, initiation of engineering studies for an underground decline at Regnault, and systematic exploration programs across various projects in Quebec, Ontario, Manitoba, Saskatchewan, New Brunswick, and Alaska.

Kenorland Minerals (OTCQX: KLDCF) and Auranova Resources have announced significant results from their 2025 Winter drill program at the South Uchi Project in Ontario's Red Lake District. The maiden drilling program, consisting of 27 diamond drill holes totaling 14,365 metres, confirmed a new gold system with mineralization traced over five kilometers.

Key highlights include 93% of drill holes intersecting gold intervals of at least 0.1 g/t Au, with the highest grade intercept reaching 14.60 g/t Au over 1.00m. The mineralized corridor remains open in all directions, with a follow-up drill program planned for late summer 2025.

Additionally, Auranova has completed its initial earn-in, acquiring a 51% ownership interest in the Project, resulting in Kenorland receiving $500,000 in cash and 9,242,267 Auranova common shares.

Kenorland Minerals (OTCQX: KLDCF) announced two significant developments. First, Newmont Corporation has terminated the joint venture agreement for the Healy project in Alaska. Despite Kenorland's 70% vested interest, both parties have decided to discontinue exploration and allow the claims to lapse due to maintenance costs and focus on higher priority projects.

Additionally, Sumitomo Metal Mining Canada and Centerra Gold have exercised their top-up rights to maintain their respective 10.1% and 9.9% ownership stakes in Kenorland. This resulted in the issuance of 257,737 common shares for total consideration of $408,162.85.