Kenorland Minerals Options the O'Sullivan Project to Sumitomo Metal Mining Canada Ltd.
Kenorland will act as operator of the Project in return for a management fee equal to 15% of the total expenditures during the first earn-in period.
- Kenorland will act as operator of the Project in return for a management fee equal to 15% of the total expenditures during the first earn-in period.
- Since acquiring the project through map staking in 2020, Kenorland has completed two phases of regional till sampling across the Project.
- Kenorland Minerals Ltd. (TSXV: KLD) is a mineral exploration Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia, Canada.
- The Frotet Project and Chicobi Project are held under joint venture with Sumitomo, the O'Sullivan Project is optioned to Sumitomo, the Chebistuan Project is optioned to Newmont Corporation and the Hunter Project is held under option to Centerra Gold Inc.