Kenorland, Sumitomo form JV at Chicobi gold project in Quebec

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Kenorland has 10 active exploration projects, including Chicobi, in 2022. Credit: Kenorland Minerals

Kenorland Minerals (TSXV: KLD) is forming a joint venture with Sumitomo Metal Mining Canada for Kenorland’s Chicobi gold project. Sumitomo earned a 51% interest by completing C$4.9 million in exploration expenses.

The Chicobi property, 30 km northeast of Amos, Quebec, covers 51,257 ha over a 45-km strike length of the Chicobi deformation zone (CDZ). This zone is analogous to other major breaks in the Abitibi, such as the Cadillac-Larder Lake, Casa Berardi, Sunday Lake, and Lower Detour zones. The property hosts potential orogenic gold mineralization.

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