Auranova and Kenorland Identify New Gold-Bearing Structural Corridor at South Uchi, Ontario

Core Insights - Auranova Resources Inc. and Kenorland Minerals Ltd. announced complete assay results from the 2025 winter diamond drill program at the South Uchi Project, which successfully expanded the Papaonga gold target and identified a new mineralised structural corridor [1][3][6] Drill Highlights - The drill program included 13 holes totaling 7,075 meters, with significant results including a highest grade intercept of 5.42 g/t over 1.80 meters, including 12.70 g/t Au over 0.40 meters [6][12] - Drill holes 25PADD031 and 032 intersected over 63 meters of anomalous gold-bearing mineralisation, indicating a large-scale gold-bearing structure [4][7] Results Discussion - The results from the South Uchi Project are compared to the Great Bear project, highlighting similar alteration zones and mineralisation patterns, suggesting a major mineralising fluid system [4][11] - The Papaonga mineralised footprint has expanded to the north and east, confirming district-scale potential for gold mineralisation [6][14] Future Plans - A follow-up drill program is planned for Q1-2026, targeting up to 8 km of prospective strike length along the newly identified northern structural corridor [15][20] - The proposed drill program will focus on delineating higher-grade shoots within the broader mineralised system [15][20] Project Background - The South Uchi Project is located in an under-explored region with significant potential for gold mineralised systems, covering volcanic rocks and deformation zones favorable for orogenic gold mineralisation [20][30] - 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 [21][23]