Ni-assays from Lappvattnet
Gungnir Resources announced more assay results from its Lappvattent Ni project. Drill hole LAP21-12 returned 31m @ 0.93% Nickel including 20cm @ 6.94% Ni. Results for holes LAP21-13, 14, 15 are pending. Assay results from Gungnir Resources’ Lappvattent Ni project (Source: www.gungnirresources.com)
Alicanto – 7 Million AUD placement underway
Holding the exploration rights neighboring Ragnar’s Granmuren claims, Alicanto Minerals announced a 7 Million AUD placement underway ahead of its maiden JORC resource at the Sala silver-lead-zinc project. According to the company, the proceeds will be used to “complete the maiden inferred resource and to drill for extensions and further lodes” at Sala.
Permitting Update – Stekenjokk-Levi
Bluelake Mineral announced the submission of a supplement for a Natura 2000 permit regarding an exploitation concession for the Stekenjokk and Levi projects. The company further published its financial report for the 3rd quarter 2021.
Playfair – Drilling at second target completed
Currently drilling at its RKV project in Norway, Playfair Mining advised it completed drilling at the second target (Storboren). A total of seven short holes, amounting to 385.1m were completed. Drilling intersected pyrrhotite dominated sulfides in a previously unknown ultramafic intrusive unit. The company notes that drill testing of the remaining five targets will continue […]
Exploration update – Ragnar Metals
Ragnar Metals provided several updates. DHEM surveying of four recently completed diamond drill holes resulted in the modeling of four conductive plates, of which some are interpreted as off-hole anomalies. According to the company a 1800m drill program to test the anomalies is planned and firm financing commitments are received from sophisticated investors. In addition, […]
SkyTEM Surveys to commence in Bergslagen
Active in the same ore district, District Metals announced the commencement of SkyTEM surveys over its newly acquired Gruvberget and Svärdsjö projects. The survey will cover both properties in its entirely and aims at identifying conductive and/or magnetic anomalies, potentially representing polymetallic sulfide mineralization. District Metals’ central Bergslagen property map (Source: www.districtmetals.com)
More massive sulfides from Tomtebo
District Metals reported another hit from its flagship Tomtebo project in central Bergslagen. Drill hole TOM21-028 intersected “30.4m of continuous, intense sulfide mineralization, including 16.85m of massive sulphides”. The hole targeted the 118m gap between TOM21-001 and TOM21-025, both intersecting massive sulfides. The mineralization consists of sphalerite, galena, pyrite, pyrrhotite, and chalcopyrite, with assays expected […]