The 393 sq. km. Frotet property is located within the Opatica geological subprovince of Quebec. It is adjacent to the past-producing Troilus mine, which has indicated gold resources totalling 9.23 million oz., and covers several major deformation zones associated with known orogenic gold prospects.
Hosted on the property is the Regnault gold system, a greenfields discovery made by the Kenorland-Sumitomo JV in 2020 following two years of systematic exploration. Since the initial discovery, Regnault has seen extensive exploration, totaling 82,273 metres of drilling (193 drill holes).
“Today marks the beginning of an exciting new chapter as we exchange our participating project interest for a substantial royalty interest covering the Frotet project. This includes the high-grade Regnault gold discovery, which has been steadily advancing under our joint venture with Sumitomo over the past year,” Kenorland CEO Zach Flood said in a…
