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An announcement from Kenorland Minerals ( (TSE:KLD) ) is now available.
Kenorland Minerals Ltd. has commenced its maiden diamond drill program at the South Uchi Project in Ontario’s Red Lake District, under an option agreement with Auranova Resources Inc. The Winter 2025 exploration program, with a budget of $8 million, aims to drill up to 15,000 meters to test the Papaonga target, where significant gold mineralization was discovered in 2024. This initiative is expected to enhance Kenorland’s operational impact and industry positioning by potentially uncovering valuable gold deposits, which could have positive implications for stakeholders.
More about Kenorland Minerals
Kenorland Minerals Ltd. is a mineral exploration company operating in the exploration and development industry, focusing on discovering significant mineral deposits. The company engages in projects primarily involving gold exploration, with a market focus on strategic partnerships and joint ventures.
YTD Price Performance: -8.18%
Average Trading Volume: 10,361
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $64.33M
See more data about KLD stock on TipRanks’ Stock Analysis page.
