Gold Line Resources announced a maiden resource estimate for its Kylmäkangas gold deposit in the Oijärvi greenstone belt in northern Finland.
The estimate amounts to 159000 oz AuEq, confined in 1.07 Mt of ore, grading 4.6g/t AuEq in the indicated category and 152000 oz AuEq amounting to 1.63 Mt @ 2.9g/t AuEq in the inferred category. According to the company, the deposit remains open in several directions along strike, at depth, and down plunge.
Plan and longitudinal view of the mineralized zones at Kylmäkangas (Source: www.goldlineresources.com)