Mr. Zach Flood reports

KENORLAND MINERALS CONSOLIDATES CENTRAL UCHI PROJECT WITH ACQUISITION OF GOLDEN SIDEWALK PROJECT IN THE BIRCH-UCHI GREENSTONE BELT, ONTARIO

Kenorland Minerals Ltd. has entered into an agreement to acquire a 100-per-cent interest in the Golden Sidewalk project from Prosper Gold Corp. for total consideration of $1-million in cash. The acquisition will consolidate and form part of Kenorland's recently staked Central Uchi project, which covers approximately 75,913 hectares in the Birch-Uchi greenstone belt of Ontario, approximately 60 kilometres east of Red Lake.

About the Central Uchi project

The Central Uchi project, which includes the Golden Sidewalk agreement area, is a district-scale gold project covering approximately 75,913 hectares of mineral claims and mining leases in the Birch-Uchi greenstone belt, approximately 60 kilometres east of Red Lake, Ont. The project spans approximately 30 kilometres of Mesoarchean greenstone stratigraphy, including extensive coverage of the unconformable contact with Neoarchean assemblages.

This regional-scale structural boundary is analogous to the geological contacts associated with major gold deposits across the Red Lake district, including the Springpole deposit within the Birch-Uchi belt. Despite its favourable geological setting, much of the project area has seen limited systematic modern exploration and represents a compelling opportunity for additional grassroots gold discoveries.

Gold mineralization identified across the project is characteristic of Archean orogenic systems, consisting of quartz-carbonate veining associated with deformation zones hosted primarily within mafic volcanic rocks and related intrusive units.

Golden Sidewalk agreement area

The Golden Sidewalk agreement area hosts several historical gold occurrences, including the past-producing Bathurst mine and the Joe, KT, Dunkin and Vihonen prospects, where historical drilling returned high-grade gold intercepts. Previous exploration focused primarily on near-surface vein systems, with limited systematic testing of broader structural and lithological targets associated with regional unconformities and major deformation corridors, including the Swain Lake structural zone, which hosts multiple gold occurrences along strike. Numerous mineralized zones remain open along strike and at depth while large portions of the property remain untested by modern drilling.

More recent exploration identified the Golden Corridor, a greater-than-five-kilometre trend of coincident magnetic and resistivity lineaments located immediately north of a regional unconformity between the Balmer and Narrow Lake assemblages. The corridor is supported by a strong and coherent gold-in-till anomaly and represents a priority exploration target. Along the eastern extent of the anomaly, a major east-west- to northwest-trending flexure of the corridor remains untested by drilling, with the target open in this direction.

Additional underexplored target areas across the project are associated with prominent structural corridors, including the east-west-trending Swain Lake deformation zone, which transects the northern portion of the agreement area, as well as north-south-trending structural corridors interpreted to separate the Narrow Lake and Woman Lake assemblages. These target areas are characterized by strong geophysical lineaments and widespread gold grain anomalism suggestive of nearby bedrock gold sources. Regional till surveys returned highly angular and pristine gold grains, indicating limited transport distance and supporting the potential for proximal mineralization beneath shallow cover.

Kenorland believes the combination of favourable structural architecture, historical high-grade gold mineralization, district-scale gold-in-till anomalies and limited historical systematic exploration provides strong potential for the discovery of additional gold systems within the consolidated Central Uchi project area.

Terms of the agreement

Under the terms of the agreement, the company will acquire a 100-per-cent interest in the Golden Sidewalk project from Prosper Gold for total consideration of $1-million in cash. The company will also assume underlying royalties on the claims representing the Golden Sidewalk project. The transaction is subject to the receipt by Prosper Gold of: (i) the approval of its shareholders for the disposition; and (ii) the approval of the TSX Venture Exchange.

Historic exploration material and adjacent properties

Historical exploration information referenced in this news release, including historical drilling results, gold occurrences, gold-in-till anomalies and gold grain count data, is derived from publicly available sources and information provided by Prosper Gold. The company has not independently verified all such information; however, it considers the information relevant for evaluating the exploration potential of the project and defining exploration targets. References to adjacent, nearby or geologically analogous properties are provided for context only and are not necessarily indicative of mineralization on the Central Uchi project.

Qualified person

Janek Wozniewski, BSc, PGeo (EGBC No. 172781, APEGS No. 77522, EGMB No. 48045, PGO No. 3824 and APEGNB No. 8348), 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 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 greenfield 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 return royalty on the Frotet project in Quebec, which is owned by Sumitomo Metal Mining Canada Ltd. The Frotet project hosts the Regnault gold system, a greenfield discovery made by Kenorland and Sumitomo Metal Mining Canada in 2020, which contains an inferred mineral resource of 14.5 million tonnes at 5.47 grams per tonne gold for 2.55 million ounces of gold. Kenorland is based in Vancouver, B.C., Canada.

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