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 […]
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 […]
Rupert Advances To Second Stage Of Sikavaara Earn-In Agreement
Valkea Resources advised that Rupert Resources is advancing to the second stage of the Sikavaara project Earn-in agreement. Initially signed with a subsidiary of S2 Resources, Rupert had to spend 1.2 million euros in exploration expenditures over the first three years. As part of stage two, Rupert must spend another 2.2 million euros over the […]
He and H detected In The Hammaslahti Area
80 Mile Plc announced the discovery of natural hydrogen and helium at the Hammaslahti project. Testing the outflow of two historical drill holes returned a natural hydrogen concentration of 1000ppm, the upper detection limit of the portable equipment used. Helium was detected at one of the two tested holes, reaching up to 8.90% and stabilizing […]
Latitude 66 Reports Fieldwork Results
Latitude 66 reported results from fieldwork at its Peräpohja Schist Belt project in northern Finland. Rock chip sampling at the Vinsa prospect returned extremely high Cu-Au assays from a historically known, mineralized quartz vein. (up to 11.3g/t Au & 20.1% Cu). Additional fieldwork resulted in the extension of the quartz vein to more than 1.3km […]