Conico provided an exploration update on ongoing drilling at its Ryberg and Mestersvig projects in eastern Greenland. Drilling progressed to the second hole at both projects, testing gold and magmatic sulfide mineralization at Sortekap and Zn-Pb mineralization southeast of the historic Blyklippan mine. Due to personnel issues by the drilling contractor, the program continues with reduced capacity and will likely result in 4000-5000m instead of the targeted 10000 drill meters in the 2022 field season.
Ryberg and Mestersvig project location (Source: www.conico.com.au)