Kenorland Minerals Commences Drilling at the O'Sullivan Project, Quebec

Core Viewpoint - Kenorland Minerals Ltd. has commenced drilling at the O'Sullivan Project in Quebec, with a total budget of $1.72 million approved for the fall 2025 exploration program, which includes up to 2,925 meters of diamond drilling [1][2]. Group 1: Project Overview - The O'Sullivan Project covers 27,587 hectares within the Abitibi greenstone belt along the Casa Berardi Deformation Zone, a key area for orogenic gold mineralization [8][9]. - The project is located approximately 50 kilometers east of Lebel-sur-Quévillon and 150 kilometers northeast of Val-d'Or, Quebec, with local infrastructure including a power line and railway [9]. Group 2: Exploration Program Details - The fall 2025 exploration program will focus on testing target areas defined through five years of systematic exploration, including infill till sampling and an induced polarization survey [2][5]. - Drilling will target strong chargeability and conductivity anomalies that coincide with interpreted geological structures, aiming to identify orogenic gold mineralization [5][8]. Group 3: Financial and Operational Aspects - Sumitomo Metal Mining Canada Ltd. has an option agreement with Kenorland, allowing Sumitomo to earn an initial 51% interest in the project by incurring $4.9 million in exploration expenditures by the third anniversary of the agreement [10][11]. - Kenorland will act as the operator of the project and will receive a management fee of 15% of total expenditures during the initial earn-in period [10].