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Kenorland Minerals Reports High-Grade Gold Intercepts and Initiates Resource Estimate at Frotet Project

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Kenorland Minerals Reports High-Grade Gold Intercepts and Initiates Resource Estimate at Frotet Project

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An announcement from Kenorland Minerals ( (TSE:KLD) ) is now available.

Kenorland Minerals has announced significant results from its 2025 winter drill program at the Frotet Project in Quebec, revealing high-grade gold intercepts, including 26.33 g/t Au over 12.15m on the R6 Vein Set. The company has also initiated a maiden Mineral Resource Estimate, expected by late 2025 or early 2026, and transferred project operatorship to Sumitomo Metal Mining. These developments underscore the project’s potential for growth and enhance Kenorland’s positioning in the gold exploration sector.

The most recent analyst rating on (TSE:KLD) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Kenorland Minerals stock, see the TSE:KLD Stock Forecast page.

Spark’s Take on TSE:KLD Stock

According to Spark, TipRanks’ AI Analyst, TSE:KLD is a Neutral.

Kenorland Minerals’ overall score is supported by positive corporate events, indicating strong operational momentum and growth potential. However, financial performance and valuation concerns, along with mixed technical indicators, limit the score.

To see Spark’s full report on TSE:KLD stock, click here.

More about Kenorland Minerals

Kenorland Minerals Ltd. operates in the mining and exploration industry, focusing on discovering and developing mineral resources. The company is involved in projects primarily targeting gold deposits in Quebec, Canada, and holds a 4% NSR Royalty on the Frotet Project.

YTD Price Performance: 58.73%

Average Trading Volume: 54,256

Technical Sentiment Signal: Buy

Current Market Cap: C$156.8M

See more insights into KLD stock on TipRanks’ Stock Analysis page.

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