Kichona Minerals Announces Option Agreement on FRP Highway 101 Gold Project
Company secures low-cost option to earn 100% interest in strategically located Abitibi gold property adjoining Agnico Eagle's Holt & Holloway Mines.
Read MoreExploring the North Branch of the PDDZ
Kichona Minerals Inc. (TSX-V: OVL) is a reactivated gold exploration company focused on high-potential assets in Tier-1 Canadian mining districts.
Through the March 2026 option agreement on the FRP Highway 101 Gold Property, the Company has transitioned into gold exploration in the heart of Ontario’s Abitibi Gold Belt. The 471-hectare property, directly adjoins Agnco Eagle’s former producing Holt and Holloway Mines and lies on the North Branch of the Porcupine Destor Deformation Zone (PDDZ) — one of the most endowed gold structures in Canada
The 471-hectare FRP Highway 101 Gold Project is located in Frecheville Township, Ontario — directly along Hwy 101 and immediately adjoining Agnico Eagle's Holt and Holloway Mines.
Positioned between the Timmins (120 km west), Kirkland Lake (52 km southwest), and Rouyn-Noranda (60 km southeast) camps, the property sits on the projected North Branch of the Porcupine-Destor Deformation Zone.
View ProjectHarry Chew (CEO) & Gary Claytens (Strategic Advisor) bring decades of public markets and discovery experience, including the Nelligan lithium-gold project with IAMGOLD.
Only 4 historic drill holes on the entire property — none tested the central PDDZ target zone under glacial cover.
Directly on the undrilled North Branch of the Porcupine-Destor Deformation Zone, adjoining Agnico Eagle's Holt & Holloway Mines along Hwy 101.
$500k financing pending, debt settlement completed, low-cost option to earn 100% with clear path to first drill program.
Company secures low-cost option to earn 100% interest in strategically located Abitibi gold property adjoining Agnico Eagle's Holt & Holloway Mines.
Read MoreKichona Minerals finalizes balance sheet cleanup and commences financing round to fund inaugural exploration program in Frecheville Township.
Read MoreSeasoned mining executive joins Kichona to spearhead transition into Tier-1 Canadian gold exploration, supported by Strategic Advisor Gary Claytens.
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