Multiple Conductors Identified At Rajapalot
Mawson Finland reported results from a down-hole EM campaign at its Rajapalot project. Following the 2024 drilling campaign, the geophysical surveys successfully identified several strong conductors down dip of the Palokas and Palokas South zones as well as several hundred meters along strike to the northeast and at depth at the Raja prospect. In preparation […]
Appeal Upheld Against Extension Of Mining Lease
Latitude 66 reported that the Administrative Court of Northern Finland upheld an appeal against the extension of mining rights covering key deposits of the company’s KSB project. The appeal was filed against a decision by the Finnish mining authority to grant a postponement of the expiry of the mining rights in April 2022. Going forward, […]
Gemdale Gold Outlines Listing Plans
Gemdale Gold updated on its plans to go public. The company holds a portfolio of advanced and early-stage gold projects in Finland. Focusing on its flagship Pontio project, the company plans to list on the TSX venture exchange in early 2025. The company further noted that it recently completed field visits with potential partners at […]
Aarnivalkea Drilling To Commence Shortly
Valkea Resources has announced the start of exploration activities at its Paana project in northern Finland. The company has engaged Geopool Oy to manage a 2000-meter drilling program set to commence shortly. The program is designed to test high-grade targets at the Aarnivalkea West discovery and improve the understanding of the structural controls on gold […]
High-Grade Lithium Assays From Finland
Grit Metals reported high-grade lithium from multiple new pegmatite boulder clusters identified at its properties near Keliber’s operations in central Finland. At the Jylhä North prospect, 34 spodumene-bearing pegmatite boulders (up to 3m diameter) were discovered, defining a >700m long East-Northeast boulder train. Assaying returned between 0.01% to 2.80% Li2O, averaging 0.86 % Li2O. At […]
More High-Grade Intercepts From Korsnäs
Prospech Limited continues to publish assay results from its ongoing re-sampling efforts of the historic Korsnäs drill core. The latest batch, consisting of 307 samples from 25 holes, again returned high-grade intercepts, for example, 11.4m @ 13,383 ppm TREO, including 4m @ 32,831 ppm TREO. Notably, the REE mineralization also contains high contents of Terbium […]
Kinross Drops Out Of Palvanen Earn In
Valeka Resources reported that Kinross Gold has chosen not to proceed to the second stage of an earn-in agreement for the Palvanen project, thereby returning 100% ownership of the project. Since 2021, Kinross conducted property-wide geophysics, collected over 4900 base of till samples, and drilled over 8000m at the project. The company notes that it […]
Mawson Finland Summarizes 2024 Drilling Program
Mawson Finland provided a summary of its 2024 Rajapalot exploration drilling program. Totaling 11,376m, the program was successful in stepping out from the known deposits as well as in identifying a new lens of mineralization in the footwall of the South Palokas deposit, returning e.g. 21.75m @ 5.25g/t Au, 515ppm Co, including 3.2m @ 21.61g/t […]
Korsnäs Re-Sampling Efforts Continue
Prospech Limited reported additional assay results from its re-sampling efforts at the historic Korsnäs mine in Finland. Analysis of 260 samples from a total of 22 historic drill holes returned e.g. 20.6m @ 11,953ppm TREO (NdPrO 3,474ppm) in historic hole KR-107. Going forward, the company plans to publish a JORC-compliant resource, based on the historic […]
Kupukan Grafiitti Commences Drilling
Kupukan Grafiitti Oy announced the start of drilling at its Kupukka graphite project. The company plans to drill 7 to 10 holes for a total of 1500-2000m, with individual holes expected to be between 100 and 300m deep. The campaign was designed utilizing ground EM and magnetic measurements made in late winter 2024. Planned drill […]