Mr. Zach Flood reports

KENORLAND MINERALS ACQUIRES KSZ PROJECT IN ONTARIO

Kenorland Minerals Ltd. has acquired, through map staking, 114,084 hectares of mineral claims approximately 25 kilometres north of Borden Lake in Ontario (the KSZ project).

About the KSZ project

The KSZ project encompasses a prospective region within the Abitibi-Wawa subprovince of the Archean superior province. The geology is characterized by strongly deformed volcanic and sedimentary sequences, intruded by syn- to posttectonic plutonic rocks and metamorphosed from upper amphibolite to granulite facies in the Archean, and later exhumed along the prominent Kapuskasing structural zone. Despite the project's favourable geological setting, very little historical exploration has been conducted. This vast underexplored area has the potential to host significant orogenic gold mineralization in a world-class terrane, exemplified by Discovery Silver's Borden Lake gold deposit, which currently contains 741,000 ounces of measured and indicated resources, 230,000 ounces of inferred resources, and has produced approximately 600,000 ounces since 2019 (1).

Kenorland plans to initiate a first-pass regional till geochemical sampling program at the KSZ project in the third quarter of 2025. Results will guide future drill targeting in this underexplored and highly prospective terrane.

(1) NI 43-101 Technical Report on Preliminary Economic Assessment for the Porcupine Complex, Ontario, Canada, prepared for Discovery Silver Corp., effective date Jan. 13, 2025.

Qualified person

Janek Wozniewski, BSc, PGeo, vice-president of operations at Kenorland, a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

About Kenorland Minerals Ltd.

Kenorland Minerals is a well-financed mineral exploration company focused on project generation and early-stage exploration in North America. Kenorland's exploration strategy is to advance greenfields projects through systematic property-wide, phased exploration surveys financed primarily through exploration partnerships including option to joint venture agreements. Kenorland holds a 4-per-cent net smelter returns royalty on the Frotet project in Quebec which is owned by Sumitomo Metal Mining Canada Ltd.

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