It probably sounds a bit out of context to discuss results of a winter drill program when the summer really is kicking in with tropical temperatures across the globe, with temperatures up to 38C in Toronto a week ago during last PDAC, but Kenorland Minerals (KLD.V)(3WQO.FSE)
Kenorland Minerals (KLD.V)(3WQO.FSE) keeps expanding and finding new mineralized structures at their Regnault target, part of their Frotet project in Quebec, part of the 20/80 JV with Sumitomo where Kenorland is the operator. After announcing the second 25 holes batch of their 57 hole - 17,792m 2021 summer-fall program, it is clear that Regnault contains a considerable gold system, spread out over multiple vein structures.
After completing their latest 17,792m 2021 summer drill program at their Regnault target, part of their Frotet project in Quebec, Kenorland Minerals (KLD.V)(3WQO.FSE) announced a large batch late December last year with the results of the first 32 holes (9,824m), with assays from the last 25 holes remaining once received back from the labs and interpreted properly.
It seems Kenorland Minerals (KLD.V)(3WQO.FSE) is doing very well at the summer drill program currently underway at their flagship Regnault project, as JV partner Sumitomo Metal Mining Canada was happy to do a strategic investment of no less than C$5.2M in Kenorland equity.
Drilling at Regnault target, Frotet project, Quebec
After the nice batch of results released at the end of May, beautifully complementing the first sets of strong intercepts, Kenorland Minerals (KLD.V)(3WQO.FSE) was hoping to find more of the same when targeting the more southern parts of the discovered Regnault structure, potentially growing this into a district scale discovery.
It took some time, but it all seems to come together rather nicely now for hybrid prospect generator Kenorland Minerals (KLD.V) and its young prodigy CEO, Zach Flood. A few days ago the gold price broke through the important barrier of US$1900/oz again, lots of metals are witnessing positive sentiment on the back of a recovering world economy as COVID-19 vaccines are rolled out worldwide, so despite a recent crypto crash the mining industry is enjoying a bull market again after 2016-2017.
Kenorland Minerals was mentioned to me at the end of 2019 by mining legend Rick Rule, departing CEO of Sprott US Holdings, and more specific he extensively expressed his admiration for the young CEO of Kenorland, Zach Flood. According to Rule, who recently announced his retirement, Flood is a top category prodigy, who is probably destined to go places.
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The Critical Investor, an avid and critical mining stock investor and newsletter writer from Europe, looks for high quality companies, strong short-term catalysts and deep value. In this interview with Streetwise Reports, he takes a deep dive into the drivers behind gold's appreciation, discusses several criteria he uses to evaluate mining juniors and developers, and profiles, using his numbers-based approach, 13 junior mining companies, of which most are featuring in his portfolio.