Teako Minerals Acquires 100% Of Vaddas & Birtavarra Projects
Teako Minerals announced the amendment of its option agreement with Capella Minerals regarding the acquisition of the Vaddas and Birtavaare licenses in northern Norway. Teako previously acquired a 50% stake in the project for the issuance of 1,000,000 shares to Capella. According to the old agreement, the remaining 50% interest could have been acquired by […]
Teako Minerals Clarifies Strategy For Norway
Teako Minerals provided an update on its exploration and business strategy in Norway, where the company recently staked a substantial land package (5458 Km2), making it the country’s largest landholder. According to the latest release, three projects (Vaddas, Lomunda, Venna), totaling 1640km2 will constitute the company’s main projects whereas the remaining landholdings (3818km2) are included […]
Ni-Cu Discovery in Southern Greenland
Amaroq Minerals reported a new Nickel-Copper discovery at its Stendalen project in southern Greenland. The company reported the intersection of over 140m of disseminated magmatic sulfides containing nickel, copper & cobalt in its first scout drill hole into the intrusion. According to the company’s calculations, the sulfide tenor is such, that massive sulfide could hold […]
Teako Minerals Granted Additional Ground In Norway
Teako Minerals announced it has been granted 854 square km of new exploration claims in central Norway. The claims cover a large area of prospective stratigraphy around the now-closed Lokken mine that historically produced 24Mt @ 2.3% Cu & 1.9% Zn. Exploring for additional VMS deposits, the company initially plans to compile existing regional geological […]
Drilling Commences At Tomtebo
District Metals announced the commencement of diamond drilling at its Tomtebo project in central Sweden. Advanced in collaboration with Boliden Mineral AB, the drill program at Tomtebo comprises 2250m in six to eight holes which will be followed up by Boliden’s in-house DHEM survey. Three of the drill holes are designed to test the Steffenburgs […]
Sava Drilling Results
Amaroq Minerals reported results from drilling at its Sava copper project in southern Greenland. As part of the 2023 exploration program, the company drilled four holes totaling 2200m across two targets prospective for porphyry and epithermal style mineralization. Three holes drilled at the Target West intersected copper-molybdenum mineralization over up to 345m with higher grade […]
Teako Minerals Increases Landholdings in Norway
Teako Minerals announced a significant increase in its landholdings in northern Norway. Following the granting of 72 new exploration claims and in combination with an option agreement with Capella Minerals, the company now controls 796 square kilometers of exploration ground in the historic Vaddas-Birtavarre mining district, prospective for cobber-cobalt mineralization. The Vaddas-Birtavarre district is host […]
Visual Sulfides Intersected At Falun Copper-Gold Project
Alicanto Minerals reported the intersection of visual mineralization at its Skyttgruvan-Näverberg target, significantly increasing the interpreted size of the mineralized system. Drill hole GRO2323 intersected several zones of semi-massive sulfide (sphalerite-galena-pyrrhotite-pyrite) some 120m north of previous intersections in drill hole GRO22-19. Together with the further intersected strong proximal magnesium alteration, the company interprets current drilling […]
EMX Options 2 Norwegian Projects
EMX announced it optioned two polymetallic projects (“Sagvoll” & “Meråker”) in Norway to Lumira Energy Ltd, a private Australian company with plans to go public on the ASX in mid-2024. The two polymetallic projects are located in an early Paleoproterozoic VMS belt in central Norway. Both projects contain numerous historic mines and showings but have […]
LKAB – Ore Line Disruption Update
LKAB provided an update on ongoing repairs of the ore train track between Kiruna and Narvik after a derailment on December 17th. According to an update from Trafikverket, a preliminary forecast sees traffic resuming by the end of January. According to the company, the disruption is causing revenue losses of around 100m SEK per day […]