North Ostrobothnia, Finland: Kingsrose Mining announced the acquisition of the Jakon project in central Finland from Rio Tinto Exploration Finland Oy. Located near the past producing Hitura mine, the project is prospective for magmatic nickel-sulfide mineralization with historic drilling returning for example 64.7m @ 0.4% Ni and 0.2% Cu at the Kusiaiskallio target. The acquisition is funded by BHP and will form part of the company’s exploration alliance with BHP in Finland.
Jakon project exploration permits, reservations, and collar overview (Source: www.kingsrose.com)
