Pharma & Biotech
Pharma & Biotech
09:16 Wed 01 Jun 2022
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Yamato’s appointment comes as he was selected by Sumitomo Metal Mining Canada Ltd. (SMMCL) as its nominee to the Kenorland board in accordance with the November 2021 investor rights deal
Kenorland Minerals Ltd (TSX-V:KLD) told investors that experienced geologist Yu Yamato has been appointed as a director following the resignation of Eiichi Fukuda.
Yamato was selected by Sumitomo Metal Mining Canada Ltd. (SMMCL) as its nominee to the Kenorland board in accordance with the November 2021 investor rights deal.
“On behalf of the Board, I would like to thank Mr Fukuda for his trust in Kenorland and support of our companies’ joint exploration efforts which led to the discovery of Regnault in 2020. I would also like to thank Mr Fukuda for his contributions as a director of Kenorland, which followed the strategic investment into the company made by Sumitomo Metal Mining in November of last year,” said Zach Flood, CEO of Kenorland Minerals in a statement.
“We would also like to welcome Mr Yamato to the Board as Mr Fukuda transitions to a new role within Sumitomo Metal Mining in Japan. Mr Yamato brings a wealth of experience in the metals and mining sector and will be a strong addition to our company,” Flood added.
The company noted that Yamato has worked with Sumitomo Metal Mining as a geologist for over 23 years and holds a Master of Science from the Geological Institute of the University of Tokyo, Kenorland said. He is currently a manager and senior geologist within the mineral resources division of Sumitomo in Japan.
Kenorland’s focus is on early to advanced-stage exploration in North America. It currently holds four projects in Quebec, where work is being completed under joint venture and earn-in agreement from third parties.
In Alaska, the company owns 100% of the advanced stage Tanacross porphyry copper-gold-molybdenum project as well as a 70% interest in the Healy project, held under a joint venture with Newmont Corporation.
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Pharma & Biotech