Sinermä Mineralization Extended
Aurion Resources reported the intersection of gold mineralization in multiple drill holes at the Sinermä prospect, advanced together with JV partner B2 Gold. Drilling intersected shallow gold mineralization over approx. 450m strike length, returning e.g. 30.2m @ 0.65g/t Au (SIN23013) or 30.2m @ 0.54 g/t Au in drill hole SIN23020. The mineralization was originally discovered […]
Helmi Depth Extension
Aurion Resources reported more drill results from its B2 JV project, including the intersection of deep mineralization at the Helmi prospect. Amongst other intervals, drill hole IKK22043 intersected 57.3m @ 1.07g/t Au from 360.8m, confirming the Helmi depth extension and providing important information regarding the geometry of the mineralization. In addition, drill hole KUE 22035 […]
Pulju UAV-Magnetic Results
Nordic Nickel released results from a district-scale magnetic survey, underlining the area’s potential for multiple Hotinvaara-style ultramafic intrusives. The 269-line km UAV magnetic survey identified multiple magnetic anomalies with similar characteristics to Hotinavaara, of which some are known to correlate with the Ni-Cu-Co prospective Mertavaara Formation. Notably, the P3 anomaly could represent an untested, sub-cropping […]
Firefox Gold – New Permit Granted
Firefox Gold was granted the first of six exploration permits along the Kolho trend in northern Finland. To date, the area has seen only limited exploration efforts, although the geology is interpreted to be similar to the host rocks of the Kittilä and Ikkari gold deposits. Following the granting of the Nuttio exploration permit a […]
Northgold Exploration Update
Northgold provided an exploration update from its Kopsa and Kiimala Trend projects. A 2500m core drilling program for 2023 has already commenced and will test resource extension but also early-stage targets at Kopsa as well as the Pääneva and Alakylä targets at the Kiimala Trend project. Drilling will further be guided by recently completed IP […]
Pulju Exploration Update
Nordic Nickel provided an update on geophysical surveying and ongoing drilling activities at its Pulju Nickel project in northern Finland. A recently completed Moving Loop EM survey resulted in the identification and refinement of multiple EM conductors within and outside the current JORC Estimate. The high-conductance plates will be tested as part of the ongoing […]
Enonkoski Exploration Update
Bluejay Mining reported encouraging drill results from its Enonkoski Ni-Cu-Co joint venture project with Rio Tinto. Two drill holes for a total of 951.1m were drilled at the Laukunlampi target, with one hole returning multiple intersections of nickel-copper sulfide droplet zones with high Ni-tenor. Following the encouraging results, drilling of a follow-up hole to test […]
Rupert Resources – Exploration Update
Rupert Resources reported further drill results from Ikkari and regional exploration at its Lapland project. Notably, drill hole 122206 returned 25.3m @ 3.2g/t Au from 291m and 141m @ 3.6g/t Au from 322m in the central part of the deposit, extending up to 100m below the open pit outline considered in the PEA. Regional exploration […]
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 […]