Kenorland and Auranova Announce Completion of Fall Drill Program at the South Uchi Project, Ontario

Core Viewpoint - Kenorland Minerals Ltd. and Auranova Resources Inc. have completed the 2025 fall drill program at the South Uchi Project in Ontario, which has shown promising results in gold mineralization and further exploration potential [1][2]. Group 1: Drill Program Details - The Phase 2 drill program consisted of 13 diamond drill holes totaling 7,075 meters, following a successful winter campaign that identified widespread gold mineralization along a five-kilometer structural corridor [2]. - Drilling aimed to test the continuity of mineralization from previous findings and successfully extended the deformation zone by two kilometers to the east [2][3]. - Assay results from this drill program are expected in Q1 2026 [2]. Group 2: Mineralization Insights - The program identified mineralization in broad step-outs both east and west of the previous drill hole, extending the mineralized corridor by approximately two kilometers [3]. - The mineralization consists of multi-stage, sulphide-rich quartz-carbonate veining, with localized visible gold observed in association with veining and sulphides [6]. - Structural controls on mineralization were refined, indicating that mineralization occurs favorably along lithological contacts between different volcanic rock types [6]. Group 3: Future Plans - Following the completion of the fall drill program, Kenorland will maintain the camp and infrastructure at Papaonga for an additional three months in preparation for a potential winter drill program [7]. Group 4: Project Background - The South Uchi Project was identified based on its prospectivity for significant gold mineralized systems, covering a portion of the Confederation Assemblage volcanic rocks [8]. - The project area has seen little systematic exploration prior to Kenorland's involvement, highlighting its potential for future discoveries [8]. Group 5: Partnership and Ownership - Kenorland has entered into an agreement with Auranova, allowing Auranova to earn up to a 70% interest in the Project through cash payments and drilling expenditures [9][12]. - Auranova has already earned a 51% ownership interest by making cash payments of $500,000 and completing qualifying expenditures [12].