Kenorland Minerals Ltd. announced that Barrick Gold Corporation ("Barrick") has terminated the South Uchi earn-in option to joint venture agreement (the "Option Agreement") and Kenorland has regained 100% control of the South Uchi Project (the "Project"), located in the Red Lake District of northwestern Ontario. Under the Option Agreement, approximately USD 4.31 million of expenditures were incurred between 2021 and 2023. In 2021, Barrick completed a property-wide glacial till geochemical survey including the collection of 1902 till samples.

In 2022, detailed follow-up exploration included a drill-for-till program which resulted in the collection of 459 overburden samples and 56 top of bedrock samples. In addition, detailed mapping was carried out over multiple target areas along with the collection 1069 rock samples. The results from these surveys outlined a large, coherent, and highly anomalous area of coincident nickel and copper (Ni-Cu) in glacial overburden, with nickel values returning up to 674ppm and copper up to 306ppm in till, potentially indicating a bedrock source of mineralisation below cover.

Elevated levels of sulfur (S) are also observed within the Ni-Cu anomaly, which occurs in an area broadly mapped as mafic-ultramafic rocks, suggesting the area has the potential to host magmatic Ni-Cu sulfide mineralisation. The results also highlighted multiple lithium-cesium (Li-Cs) anomalies, which could indicate potential sources of lithium-cesium-tantalum (LCT) pegmatite systems along the geological subprovince boundary and margin of the Alison Lake batholith. The high grade McCombe lithium deposit, held by Green Technology Metals, occurs along this margin, directly to the east of the Project, illustrating the potential for LCT pegmatite mineralisation within the Project area.