Hole 24RDD213 cut 4.5 metres grading 16.11 grams gold from 16.5 metres downhole, including 0.4 metre at 163.7 grams gold in the R1 trend. The company published results from 18,448 metres across 27 holes in total at the project in west-central Quebec.
“The 2024 winter program marks another milestone at the Regnault high-grade gold deposit, with over 100,000 metres drilled to date,” Kenorland CEO Zach Flood said. “The increased density of drilling across the vein system will lend towards a comprehensive update of the geologic model, which will pave the way for a future maiden resource estimate.”
The results at Frotet, about 800 km north of Montreal in the Chibougamau region, come almost one month after Centerra Gold (TSX: CG) took a 9.9% stake in Kenorland as part of a $9.9-million private placement. Centerra joined Sumitomo as one of the junior’s biggest backers. The Japanese company agreed in January to end a joint…
