FROTET PROJECT

Frotet Project, Quebec, Canada

The Frotet Project is Kenorland’s primary mineral property. The property covers 39,365 hectares and is located in theFrotet-Evans Archean greenstone belt within the Opatica geological sub-province, 120 kilometers north ofChibougamau, Quebec (the “Frotet Project”). The property is adjacent to the past-producing Troilus Au-Cu mine and covers several major deformation zones associated with known orogenic gold prospects, as well as stratigraphy hosting VMS deposits elsewhere in the belt.

Scientific and technical disclosure for the Frotet Project is supported by the technical report with an effective date ofSeptember 30, 2020, entitled “NI 43-101 Technical Report for the Frotet Gold Project”, prepared by GMY ConsultingInc.

Several exploration programs were completed by the Company on the Frotet Project during 2020 including surface geochemical surveys (till sampling – gold grain counts and fine fraction geochemistry, and mapping/prospecting of outcrops and boulders), geophysical surveys (high resolution airborne magnetics, and ground induced polarization surveys), and diamond drill campaigns. Most of the exploration efforts were concentrated within the Regnault target area.