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Basin Energy Reports High Grade Uranium Assays

Basin Energy reported the identification of high-grade uranium mineralization at several prospects in Northern Sweden. The highest grades, appear to be linked to vein and shear-hosted uranium mineralization at the Björkberg target, with two samples exceeding the detection limit of 2.95% U3O8. Further vein-related mineralization with grades up to 0.67% U3O8 and the occurrence of […]

Lat 66 Starts RC Trial At KSB Project

Latitude 66 announced the start of an RC drilling program at its KSB gold project in northern Finland. The program will test the K6E and K6W IP anomalies that are coincident with mineralized boulder samples. The use of an RC rig is rather uncommon in northern Europe and serves as a trial campaign, that could, […]

Mawson Reports First Assay Results From Winter Drilling

Mawson Finland reported the first results from its ongoing winter drilling program at the Rajapalot project in Northern Finland. The company currently has four diamond rigs actively drilling at multiple prospects. To date, 10 holes for a total of 4,424 meters have been drilled with gold assays received for an initial batch of six drill […]

Endomines Discovers New Gold Prospect

Endomines announced the discovery of a new potential zone of gold mineralization at the Ukkolanvaara prospect in the central part of the Karelian gold line. Sampling of the Ukkolanvaara banded iron formation revealed gold grades of up to 1.75g/t Au in the iron-rich outcrops. Due to the well-known correlation between iron formations and gold mineralization, […]

Aida Drilling Commences

First Nordic Metals announced the start of diamond drilling at the Aida target, where previous intersections returned up to 22.5m @ 2.4g/t Au. The company plans to test over 3km of a promising structural corridor, coincident with geochemical anomalies, via initially 24 diamond drill holes for more than 5000m. Upon success of this drilling program, […]

Tomtebo Drilling Commences

District Metals announced that its joint technical committee with Boliden has approved the 2025 exploration budget for the polymetallic Tomtebo and Stollberg properties. The budget amounts to 3 million CAD and will include geological field work, review of historic data and core drilling. Drilling at Tomtebo has already started and will include three to four […]