Kenora Gold and Critical Metals Division

The Kenora Mining District is situated within the English River Subprovince and Wabigoon Subprovince of the Superior Province of the Canadian Shield, part of one of the world’s most prolific Archean gold-bearing geological terranes. The region is underlain by Neoarchean greenstone belts comprising mafic and felsic volcanic rocks, intrusive complexes, and metasedimentary sequences widely recognized as favourable hosts for orogenic lode-gold mineralization.

Known since the late 1800s for high-grade Archean lode-gold deposits, the Kenora district has supported mineral exploration and some mining for over a century. Despite this long history, significant portions of the district have seen limited application of modern exploration techniques and technology, leaving much of the region’s mineral potential untested. With gold at historically high prices and renewed investment interest from major and mid-tier producers, the Kenora district is increasingly recognized as an underexplored and underappreciated jurisdiction with strong discovery potential. Copper has been designated a critical mineral by the Government of Canada since 2024, adding further strategic importance to the base metal occurrences identified across NAM’s consolidated land package.

Bonanza Gold Property

Gold mineralization on the Bonanza Gold Property is hosted in structurally controlled quartz and quartz-carbonate veins within silicified, carbonated, and sulphidized mafic to intermediate volcanic and plutonic host rocks. The rocks are cut by a regional high-strain zone and property-scale structures metamorphosed under greenschist conditions. Five prospects have been identified and sampled across approximately 4 km of strike length, with due diligence grab samples returning gold values of 1.1, 3.7, 8.9, 13.2, 22.2, 31.9, and up to 127 g/t Au at the Triggs, Kite Lake, Stella, and Blue Star Prospects. The property is drill-ready with 3-year permits in place.

Magnet Lake Property

Copper mineralization on the Magnet Lake Property is hosted in mafic volcanic to mafic and ultramafic rocks carrying visible chalcopyrite, pyrrhotite, pyrite, and localized malachite, cut by a regional high-strain zone and property-scale structures under greenschist metamorphic conditions. Due diligence channel and grab sampling across the Gold Lake and Hollow Lake Prospects returned copper values up to 2.14% Cu, with multiple samples above 0.10% Cu. Gold values up to 216 ppb Au were recorded within the same mineralized corridors. The property is positioned adjacent to the Bonanza Gold Property along the same structural trend, enhancing the potential for a contiguous polymetallic system.

Lavender Lake Property

Copper and gold mineralization on the Lavender Lake Property occurs in mafic volcanic to ultramafic rocks hosting chalcopyrite, pyrrhotite, pyrite, and malachite, associated with a regional high-strain zone on the Pogson Trench trend. Due diligence verification sampling successfully confirmed copper mineralization across two prospects on the property. The South Gibi Lake Property, adjacent to Lavender Lake, extends the land position along the Witch Bay–Gibi Lake High Strain Zone, a structure considered prospective for sulphide-rich mineralization. The Gibi Property was not visited during the initial due diligence program and remains largely untested, highlighting substantial upside for future exploration.