Kenorland Minerals – Drill Results From Fortet, Sumitomo Advancing Fortet, Newmont Phase 2 Earn-In Drill Program At The Chebistuan Project
Zach Flood, President and CEO of Kenorland Minerals (TSX.V:KLD – OTCQX:KLDCF – FSE:3WQ0) joins me to provide updates from the Frotet and Chebistuan Projects, as well as answer your questions on a couple other projects in the Company’s portfolio.
We start with the recent high-grade gold drill results from the Frotet project in Quebec, where Kenorland holds a 4% royalty. This project is being advanced by Sumitomo Metal Mining. Drill hole highlights include Hole 24RDD223 which intersected 26.67 g/t over 3.30m. I also ask Zach about the significance of the 3D model for the project and possibility of an initial resource estimate later next year.
We then discuss the upcoming phase 2 drill program at the Chebistuan project, being earned-into by Newmont Corporation. Zach recaps last year’s discovery and future drilling plans.
Zach shares updates on their South Uchi project and discusses potential partnerships, as well as news flow from other projects in the company’s diverse portfolio, including the Hunter Project with Centerra Gold.
If you have any follow up questions for Zach or want more information on any project or partnership that Company has with majors please email me at Fleck@kereport.com.
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Be careful with tax loss season upon us, I have recently noticed a lot of great news releases and you would think the stock would go up, initially they do but then the sellers looking for a write off show up and these stocks end at a lower point than what they finished at the previous day. DT