Maiden Diamond Drill Program At The Healy Project

VANCOUVER - Kenorland Minerals Ltd. reported the commencement of drilling at the Healy Project, located within Alaska's Goodpaster mining district. This maiden diamond drill program will consist of approximately 4,000 meters over 10 holes, testing 3 target areas defined by strong gold in soil anomalism.  The drill program is scheduled to last approximately two months and will be completed near the end of July.

Zach Flood, CEO, said, "We're thrilled to be back in Alaska and kicking off the maiden diamond drill program at Healy. This project represents an excellent opportunity for another completely greenfields gold discovery.  The systematic regional exploration work completed prior initially identified the presence of this significant gold system.  When we optioned the ground in 2018, we continued the exploration efforts and have since then refined a number of high priority drill targets within these large-scale gold-in-soil anomalies."

In 2019, the Company carried out a reconnaissance style track-mounted reverse circulation (RC) drill program consisting of a total of 800m from 10 shallow holes. The drilling encountered broadly disseminated gold mineralization over a 100 meter wide structural corridor within the Bronk Zone, including 0.42g/t Au over 49.4m, from surface, and bottoming in mineralization (see press release dated October 21, 2019). In 2020 the Company completed detailed geochemical and geophysical surveys covering multiple target areas. This work included infill soil sampling at a spacing of 50m by 50m, a high-resolution airborne magnetic survey as well as ground VLF electromagnetic (VLF-EM) and ground magnetic surveys.  In addition, the company completed 10 vertical profiles of 2D induced polarization geophysics (IP) for a total of 10 line kilometers over selected targets within the areas defined by detailed soil sampling, magnetic and EM surveys. The results of the comprehensive 2020 field program clearly defined multiple robust gold-in-soil anomalies associated with structural features and IP anomalies within all target areas.