Kenorland Minerals appoints Yamato as director

Jun 2, 2022

2022-06-01 14:10 ET – News Release

Mr. Zach Flood reports

KENORLAND MINERALS ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS

Kenorland Minerals Ltd. has appointed Yu Yamato as a director of the company following the resignation of Eiichi Fukuda. Mr. Yamato has been selected by Sumitomo Metal Mining Canada Ltd. (SMMCL) as its nominee to the company’s board in accordance with the investor rights agreement dated Nov. 3, 2021. Mr. Fukuda has resigned as part of a planned transition within Sumitomo Metal Mining Co., Ltd.

“On behalf of the Board, I would like to thank Mr. Fukuda for his trust in Kenorland and support of our companies’ joint exploration efforts which led to the discovery of Regnault in 2020,” said Mr. Flood, CEO of Kenorland Minerals. “I would also like to thank Mr. Fukuda for his contributions as a director of Kenorland, which followed the strategic investment into the Company, made by Sumitomo Metal Mining in November of last year. We would also like to welcome Mr. Yamato to the Board as Mr. Fukuda transitions to a new role within Sumitomo Metal Mining in Japan. Mr. Yamato brings a wealth of experience in the metals and mining sector and will be a strong addition to our Company.”

Yu Yamato has worked with SMM as a geologist for over 23 years and holds a Master of Science from the Geological Institute of the University of Tokyo. He is currently a manager and senior geologist within the mineral resources division of SMM in Japan. Prior to this role, he was the president of Sumiko Resources Exploration & Development Co., Ltd., a subsidiary of SMM and was the geology manager for SMM at the Cote Gold Project in Ontario which is joint ventured with IAMGOLD Corporation.

About Kenorland Minerals

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. Kenorland’s focus is early to advanced stage exploration in North America. The Company currently holds four projects in Quebec where work is being completed under joint venture and earn-in agreement from third parties. The Frotet Project is held under joint venture with Sumitomo Metal Mining Co., Ltd., the Chicobi Project is optioned to Sumitomo Metal Mining Co., Ltd., the Chebistuan Project is optioned to Newmont Corporation, and the Hunter Project is optioned to Centerra Gold Inc. In Ontario, the Company holds the South Uchi Project under an earn-in agreement with a wholly owned subsidiary of Barrick Gold Corporation. In Alaska, USA, the Company owns 100% of the advanced stage Tanacross porphyry Cu-Au-Mo project as well as a 70% interest in the Healy Project, held under joint venture with Newmont Corporation.

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https://kenorlandminerals.com/