Northgold outlined details of its 2022 exploration plans at its two flagship projects in Central Finland. The newly listed company plans a 5000m diamond drilling program, with 4000-4500m budgeted for resource growth at the Kopsa project, and 500-1000m for exploration drilling a the Kiimala Trend project. In addition, the company also plans to run IP and resistivity surveys at both of its properties to identify new drilling targets. Drilling and geophysics at Kopsa are scheduled to commence in May with initial work at Kiimala planned for Q3 22.
Starting at a resource base of 725000 oz AuEq, the company has set a target of 1moz AuEq of NI43-101 compliant resources within the first 18 months of trading.
Resource outline, projected historic samples, and resource expansion targets at Kopsa (Source: www.northgoldab.com)
