Completion Of Winter Drill Program At South Uchi Project

VANCOUVER - Kenorland Minerals Ltd. and Auranova Resources Inc. announced the  completion of the 2025 Winter drill program at the South Uchi Project, located in the Red Lake District of Ontario. The maiden drill program consisted of 27 diamond drill holes totaling 14,363 metres, testing the Papaonga target over an 8km by 3km area, within the large gold-in-till and heavy mineral concentrate (HMC) gold grain anomalies, underlain by bedrock mineralisation consisting of quartz-sulphide veins and disseminated sulphide. Widely spaced drill fences, roughly 500 metres to greater than 1 kilometre apart were designed to test interpreted structural corridors concealed by deep overburden and Papaonga Lake. Complete assay results are expected to be reported in late Q2 or early Q3 2025.

This program marks the first-ever drilling at the Papaonga target, following four years of systematic exploration. Prior to this work, no historical drilling or documented gold occurrences had been recorded within the target area. Drilling targeted three principal areas: the sheared margin of the Papaonga diorite, northeast-trending shear zones transecting folded clastic sedimentary rocks with interbedded iron formation, and folded volcanic stratigraphy beneath Papaonga Lake cut by northeast to east-west trending shear zones. Within the diorite, variably developed quartz stockwork to sheeted vein systems were encountered, associated with silica-chlorite alteration, pyrite and trace chalcopyrite mineralisation. The folded clastic sedimentary, iron formation, volcaniclastic and mafic volcanic stratigraphy contain multi-stage veining including widespread early quartz-carbonate veins that are strongly folded and boudinaged associated with pyrite and pyrrhotite mineralisation. Northeast to east-west trending structural corridors, defined by shear zones with strong strain development, host early quartz-carbonate and smoky quartz veins, which are deformed and crosscut by later-stage milky white quartz veins. Alteration consists of moderate silica-sericite-biotite-chlorite assemblages, associated with sulphide mineralisation including arsenopyrite, pyrrhotite, pyrite, and trace chalcopyrite, both within veins and disseminated in the wall rock. Trace, localised visible gold was also observed in association with quartz veining. The multiple vein and sulphide generations are indicative of the long-lived nature of fluid flow and deformation across the Papaonga target area. Although mineralisation is present within the completed holes, it does not necessarily indicate economically significant gold grades.

Following the completion of the 2025 Winter drill program at the Project, Kenorland will maintain the camp and infrastructure at Papaonga for an additional three months in preparation for a potential subsequent summer drill program.

The South Uchi Project was first identified and staked by Kenorland based on the under-explored region's prospectivity to host significant gold mineralised systems. The Project covers a portion of Confederation Assemblage volcanic rocks, as well as the boundary between the Uchi geological subprovince to the north and the English River geological subprovince to the south. Multiple major east-west striking deformation zones associated with the subprovince boundary transect the Project, resulting in zones of strong shearing and folding of the supracrustal stratigraphy, which are favourable settings for orogenic gold mineralisation. Prior to Kenorland staking the Project, records indicated little to no systematic exploration had been completed, and the land package remained under-explored. The majority of gold deposits in the Red Lake District (Red Lake, Madsen, Hasaga, and others) are located on the northern margin of the Confederation Assemblage.