02:18 PM EDT, 05/06/2025 (MT Newswires) -- Kenorland Minerals ( KLDCF ) was last seen up 5.3% after the company on Tuesday said it completed its 2025 Winter drill program at the South Uchi project, located in the Red Lake District of Ontario with Auranova Resources.
The maiden drill program consisted of 27 diamond-drill holes totaling 14,363 meters, testing the Papaonga target over an 8 by 3 kilometer area, within the large gold-in-till and heavy mineral concentrate gold grain anomalies. The company expects complete assay results to be reported in late Q2 or early Q3.
Kenorland added that it will maintain the camp and infrastructure at Papaonga for an additional three months in preparation for a potential subsequent summer drill program, following the completion of the 2025 Winter drill program at the project.
Shares of the company were last seen up $0.08 to $1.58 on the TSX Venture Exchange.
Price: 1.58, Change: +0.08, Percent Change: +5.33