Study Shows Near 100% REE Recovery
Eurobattery Minerals reported on a new method that could allow for nearly 100% recovery of REEs in the Fetsjön deposit in northern Sweden. The results come from a research partnership with the Uppsala University and the AGH University of Science and Technology in Krakow and indicate that the REE-bearing carbonate-apatite shale at Fetsjön is particularly […]
Stormyra Drilling Completed
Kendrick Resources advised the successful completion of 19 drill holes for 1650m at its Espedalen Ni-Cu project. Drilling focused on the Stormyra deposit where visible mineralization was intersected, indicating good continuity of the Stormyra ore body. After the reception of the assay results, the company plans further studies to support a mineral resource estimate update. […]
Skuterud – New Cobalt Zone Discovered
Kuniko reported the intersection of exceptional visual cobalt mineralization in a new, shallow horizon from recent drilling at its Skuterud Cobalt project. The visual near-surface mineralization was intersected in several drill holes (drilled from the same pad), north of a series of small historical mine workings. Drilling further resulted in the visual identification of cobalt […]
Puolalaki Drilling Commences
Avira Resources announced that a 5-hole drill program for a total of 1075m is planned to commence this week at the Puolalaki project in Northern Sweden. Drilling aims to test multiple highly conductive bodies near surface but also a larger anomaly at depth. Drilling will be carried out by Northdrill Oy and is planned to […]
Hautalampi PFS and Option Exercise
Eurobattery Minerals published a pre-feasibility study for the Hautalampi project in eastern Finland. Based on an underground mining scenario with 4.6Mt of reserves, grading at 0.3% Ni, 0.08% Co and 0.24% Cu, the mine is anticipated to generate a total turnover of 420 million with a payback period of 4.6 years. Notably, an additional resource […]
Lithium Earn In Agreement
Capella Minerals announced the signing of a definitive agreement with Hilo Mining regarding its Central Finland Lithium portfolio. The portfolio contains five large lithium and rare earth reservations in central Finland, south of Keliber’s mine development projects. Under the earn-in agreement, Hilo Mining can acquire up to 80% in the project for total expenditures of […]
Ertelien Drilling Completed
Kuniko reported final visual results from its 5-hole drill program at the Ertelien Nickel prospect in south-central Norway. The holes were drilled on a single section, aiming to better constrain the continuity of geology and mineralization and guide future drilling, with two of the previously reported holes representing twin holes to historic intercepts. Testing the […]
Latitude 66 – 2022 Exploration Results
Latitude 66 Cobalt published exploration results from 32 diamond drill holes in the Kuusamo area, Finland. Exploration efforts in the K South camp led to the discovery of a new Co-Au mineralization at the K10 prospect, where 2 holes intersected a magnetite-pyrrhotite-scheelite rock returning e.g., 6.5m @ 0.11% Co and 3.15g/t Au (L66K10DD005). The mineralization […]
Feasibility Study Results For Vanadium Recovery Project
Neometals reported results from a feasibility study for its Vanadium Recovery project, aiming to produce vanadium pentoxide from vanadium-bearing steel-making by-products. The project is set to produce 19.1 million pounds of V2O5 per year, based on a 10-year supply agreement with SSAB. “Key Highlights of the FS (all figures expressed on a 100% ownership […]
Viken – Additional License Applications
District Metals advised it applied for additional mineral licenses to the north (Viken nr 3) and south (Viken nr 2) of its polymetallic Viken mineral license application. Historic drilling within these areas returned grades and widths of similar style to the results from the Viken deposit. Viken Exploration License applications and deposit outline (Source: […]