Kenorland Minerals Partners with Auranova for Ontario Project

Kenorland Minerals (TSE:KLD) has released an update.

Kenorland Minerals has entered into an agreement with Auranova Resources, allowing Auranova to acquire up to a 70% interest in the South Uchi Project in Ontario’s Red Lake District. The deal involves significant financial and operational terms, including an initial 51% interest acquisition through drilling commitments and equity issuance. Kenorland will retain a stake in Auranova and manage operations during the initial option period.

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