Launi East Option Agreement
Aurion Resources signed a definitive option agreement with Kinross Gold regarding the Launi East property. Under the agreement, Kinross can earn 70% in the property by spending a minimum of 10 million USD before the 7th anniversary of the agreement. The company further advised the termination of the Silaskaira option agreement with Kinross. Aurion […]
Promising Visuals From Kopsa
Northgold reported promising visual results from recent drilling at its Kopsa flagship project. Drill hole NGKOP23034, the deepest hole completed in 2023, returned two intervals of intense quartz veining and/or silicic alteration with sulfide mineralization for a combined width of 63m. While assays are currently pending the mineralized intervals appear similar to previous high-grade intersections […]
New Discovery South Of Helmi
Aurion Resources announced the discovery of a new zone of gold mineralization several kilometers south of the previous Helmi discovery, returning 1.33g/t Au over 8.3m in drill hole VUO23007. Notably, the new mineralization (“Vuoma”) was discovered by drill testing the less explored southern contact of the Kumpu basin that is known to host gold mineralization […]
Rupert Resources – Exploration Program Commences
Rupert Resources published new drilling results from Ikkari and Ikkari North. At Ikkari, infill drilling continued to intersect high-grade gold mineralization e.g., 4.2g/t Au over 72m in drill hole #123027. At Ikkari North, drilling successfully extended breccia-hosted gold-pyrite mineralization 200m to the east, returning e.g., 2.7g/t Au over 35.1m in drill hole #123059. Notably, the […]
Kopsa Resource Estimate
Northgold published a mineral resource estimate for its Kopsa gold and copper project in central Finland. The estimate is based on the combination of historic data and 4200m drilled by Northdgold in 2022. Combined measured and indicated + inferred resources returned 16.6 Mt @ 0.79g/t Au and 0.16% Cu for 1.03g/t AuEq, containing 424Â 000 oz […]
Mustajärvi – High-Grade Step Outs
Firefox Gold reported high-grade gold assays from step-out drilling and trenching at the Mustajärvi East Target. Trenching over the surface expression of the East Target uncovered bonanza-grade gold mineralization, including 6.87m @ 59.12g/t Au in Trench 1. The company notes that further work is required to ascertain the possible degree of supergene enrichment in the […]
Discovery Along The Karelian Gold Line
Endomines reported the discovery of significant polymetallic mineralization in the Kuittila area along the Karelian Gold Line some 25 km south of Pampalo. Drill hole KT-007 intersected 18m @ 5.0g/t Au, 173.6g/t Ag, 1.2% Pb, 0.8% Zn, 0.1% Cu and 0.02% Mo, including 4.3m @ 12.2g/t Au, 413.4g/t Ag, 3.2% Pb, 2.1% Zn, 0.3% Cu, […]
GNM Updates on Finnish Lithium Projects
Great Northern Minerals announced the identification of large-scale fertile pegmatites following the completion of due diligence on two highly prospective Lithium projects in Finland. The Sukula Lithium project contains a central granite-pegmatite complex with known rare earth metal occurrences together with very large tourmaline-rich pegmatite outcrops and known lithium occurrences in the western part of […]
Extension of Mustajärvi East Target
Firefox Gold reported assay results from the first four drill holes of its spring 2023 diamond drilling campaign at the Mustajärvi East Target. All four holes intersected high-grade gold mineralization with the best intersections returning 11.95m @ 9.69g/t Au in drill hole 23MJ001 and 20.45m @ 5.14g/t Au in drill hole 23MJ004. In addition to […]
Pulju – Additional Wide Zones Of Ni-Sulfides
Nordic Nickel reported additional wide zones of nickel sulfides from its maiden 22 000m drilling campaign at the Pulju project in northern Finland. Assays from an additional three drill holes returned e.g., 199.1m @ 0.22% Ni in drill hole HOT006 or 63.8m @ 0.22% Ni, 0.01% Co in drill hole HOT003. Assaying further confirmed that […]