Firefox Secures Agnico Eagle Investment
Firefox Gold advised it entered into a strategic investment and an option agreement with Agnico Eagle. Following the private placement, Agnico Eagle will own approximately 10.9% of the issued and outstanding common shares on a non-diluted basis. Proceeds of the financing will be used, among others, for drilling at the Mustajärvi gold project. Under the […]
Higher Grade Nickel Assays From Pulju
Nordic Nickel announced the intersection of the widest higher-grade nickel zone at Pulju to date. Drill hole HOT016 returned 91.7m @ 0.22% Ni from 1.6m, 164.15m @ 0.2% Ni from 216m, and 26.4m @ 0.59% Ni from 412.6m, including 6.1m @ 0.74% Ni, 4m @ 0.77% Ni and 3.35m @ 0.91% Ni. The company has […]
307% Increase In Korvilansuo Resource
Endomines published an updated mineral resource estimate for its Korvilansuo project along the Karelian gold line. Reporting a 307% increase in contained gold, the updated resource estimate returned 838 200t @ 2.49g/t Au, for 67 000 oz contained gold. According to the company, the mineralization is still open at depth and towards the north and […]
Black Schist Drill Program Completed
Metals One reported the completion of a 1548m diamond drilling program at its Black Schist Ni-Cu-Co-Zn project in Finland. Exploring for Talivivaara style mineralization, the company drilled 8 holes at the R1 Hook target, in the vicinity of an existing resource. According to the company, initial visual and XRF assessments indicate potential for mineralized black […]
More High-Grade REE From Korsnäs
Prospech Limited reported initial assay results from its phase 3 sampling program of historic holes from the former Korsnäs lead mine. All 16 sampled holes reported mineralized intervals above 1000ppm TREO with highlighted intersections returning e.g. 16.6m @ 18,739ppm TREO, including 9.3m @ 30,514 ppm TREO in drill hole KR-135. The latest high-grade intersections appear […]
Remaining Assay Results From Kopsa
Northgold reported the remaining gold and copper drill results from its 2023 resource expansion drilling program at the Kopsa gold project. All of the six final holes encountered gold and copper mineralization outside the previously defined resource envelope, e.g. 0.91g/t AuEq over 105.2m, including 13.06g/t AuEq over 3.4m in drill hole NGKOP23029. An updated resource […]
Ikkari Resource Update
Rupert Resources published an updated mineral resource estimate for its Ikkari project. Based on 111,896m of diamond drilling, the updated resource now contains 58.43 Mt @ 2.18g/t Au for a total of 4.09Moz contained gold in the indicated category and 3.58Mt @ 1.18g/t Au for 136,000oz contained gold in the inferred category. Following a previous […]
Korsnäs REE Discovery
Prospech Limited provided a comprehensive update on its Korsnäs REE project. Assessment of a large amount of data associated with the historic Korsnäs lead mine resulted in the recognition of the projects, previously overlooked, REE potential. Resampling of historic drill core resulted in locally thick and high-grade intersections of REE mineralization, e.g., 27.6m @ 19,744ppm […]
Additional Assay Results From Pulju
Nordic Nickel reported assay results from additional nine diamond drill holes from recent drilling at its Pulju project, returning e.g. 41.1m @ 0.25% Ni, including 0.45m @ 2.4% Ni, 0.11% Co and 100m @ 0.21% Ni, including 0.55m @ 1.17% Ni and 0.05% Co in drill hole HOT026. The company notes that assay results for […]
New Gold Occurrences Identified At Risti
Aurion Resources reported the intersection of four new gold occurrences on its wholly owned Risti project. Targeting geochemical and geophysical anomalies, a 36-hole scout drilling program resulted in the identification of mineralization further to the west of the Vanha prospect (3.63g/t Au over 3.2m) as well as in new intersections along NW trending structures up […]