Vancouver, British Columbia--(Newsfile Corp. - June 17, 2026) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) (" Kenorland " or the " Company ") and Auranova Resources Inc. (" Auranova ") are pleased to announce complete assay results from the 2026 spring (phase 3) diamond drill program at the South Uchi Project (the " Project "), located in the Red Lake District of Ontario. The program comprised six drill holes totalling 3,187 metres, successfully extending the Papaonga gold target to the east along the mineralised structural corridor recently identified in the Phase 2 diamond drill program (see press release dated January 28, 2026). Phase 3 drilling has identified a large new mineralised target. Drill Highlights: Discovery of a large new intrusion-related gold system , the "North Papa" , at Papaonga. The North Papa is defined by gold-mineralised quartz feldspar porphyry with intense silica-sericite-albite flooding and up to 15% accessory sulphides dominated by pyrite, hosted by a large regional east-west shear zone. Discovery drill hole 26PADD046 was drilled approximately orthogonal to the large east-west structural corridor, in order to characterise gold mineralisation across its entire width . Based on available data, all reported mineralised zones are expected to extend to bedrock surface under an average 10-20 m of till cover. 26PADD046 intersected more than 122.80 m of mineralisation grading more than 0.28 g/t gold across 220.15 m of downhole core length (See Figure 1 and Table 1). Lower-grade mineralised intervals in 26PADD046 include 0.58 g/t gold over 21.00 m, within a broader interval of 0.34 g/t Au over 65.45 m, 0.31 g/t Au over 35.65 m, and 0.28 g/t Au over 14.00 m. First indications of high-grade gold mineralisation were also intersected, with 7.07 g/t gold over 1.00 m in 26PADD046, and 9.09 g/t gold over 1.45 m in 500 m step-out drill hole 26PADD043. Recent drilling extended the North Papa mineralisation to 1 km of strike length , while expanding the Papaonga target footprint to approximately 7 km of strike east-west. Given the size of the target, which remains open along strike and at depth, follow-up geophysical programs are being planned for future drill targeting. Zach Flood, President and CEO of Kenorland Minerals, commented, "These results further demonstrate the presence of a newly discovered, extensive gold system in the Papaonga target area. The scale and continuity of mineralisation continue to exceed our expectations, reinforcing our confidence in the significant potential of this project. The next phase of exploration will include detailed geophysical surveys to better define the footprint of the system and guide additional step-out drilling. We look forward to advancing with work with our partners at Auranova." Figure 1. Plan map of Papaonga with drill hole locations including highlights from this press release To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6489/301803_1d50c2ae746c4bde_001full.jpg Discussion of Results The 2026 spring drill program represents the third phase of drilling at Papaonga, designed to test strike extensions of the northern mineralised structural corridor recently identified in late 2025. The program was designed as broad step-outs, at approximately 500 m spacing towards the east and west from drill holes 25PADD031 and 25PADD034 which intersected a ~200 m-wide mineralised corridor (see press release dated January 28, 2026). Drilling successfully intersected broad zones of hydrothermal alteration and gold mineralisation towards the east and remains open, concealed beneath deep glacial till and glaciolacustrine cover, further demonstrating the scale of the Papaonga system. Step-out drill hole 26PADD046 , located roughly 500 m to the east of previous drilling along the corridor intersected multiple broad zones of gold mineralisation returning 14.00 m at 0.28 g/t Au, 65.45 m at 0.34 g/t Au including 21.00 m at 0.58 g/t Au , and 35.65 m at 0.31 g/t Au. Mineralisation is hosted within both felsic intrusive and mafic volcanic rocks, associated with strong deformation, pervasive silica-sericite±albite alteration and disseminated to stringer style sulphides. Higher grade, mafic volcanic hosted gold mineralisation was also returned from 26PADD046 with 7.70 m at 1.13 g/t Au including 1.00 m at 7.07 g/t Au, and a further 500 m step-out to the east with 26PADD043 that returned 3.75 m at 3.65 g/t Au including 1.45 m at 9.09 g/t Au . Mineralisation is accompanied by silica-sericite alteration, quartz-carbonate veining, and pyrite-pyrrhotite mineralisation. These results demonstrate continuity of the hydrothermal system beneath glacial cover and support the interpretation that the Papaonga mineralised corridor remains open to the east. Figure 2. Cross section through drill hole 26PADD046 illustrating broad mineralisation corridor To view an enhanced version of this graphic, please visit: https://ima