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 […]
Dragon Mining – Updated Mineral Resources
Dragon Mining published an updated Mineral Resource and Ore Reserve Estimate for its projects in the Nordic region. As of 31st December 2022, the combined resources (inclusive reserves) for the company’s Vammala Production Center in southern Finland and the Svartliden Production Centre in northern Sweden amounts to 14Mt @ 3.2 g/t Au for a total […]
Latitude 66 – 2022 Exploration Results
Latitude 66 Cobalt published exploration results from 32 diamond drill holes in the Kuusamo area, Finland. Exploration efforts in the K South camp led to the discovery of a new Co-Au mineralization at the K10 prospect, where 2 holes intersected a magnetite-pyrrhotite-scheelite rock returning e.g., 6.5m @ 0.11% Co and 3.15g/t Au (L66K10DD005). The mineralization […]
Feasibility Study Results For Vanadium Recovery Project
Neometals reported results from a feasibility study for its Vanadium Recovery project, aiming to produce vanadium pentoxide from vanadium-bearing steel-making by-products. The project is set to produce 19.1 million pounds of V2O5 per year, based on a 10-year supply agreement with SSAB. “Key Highlights of the FS (all figures expressed on a 100% ownership […]
Final Gold Assays From Kopsa
Northgold reported the remaining gold assays from its completed 2022 diamond drilling program at Kopsa. The now reported results extend the previously identified down dip continuation of the deposit further to the west and east, with hole NGKOP22018 returning 0.84g/t Au over 35.1m, including 3.22g/t Au over 3.7m in the east and hole NGKOP22015 returning […]
Pampalo – Substantial Increase In Gold Reserves
Endomines updated its mineral resource and reserve numbers, leading to a 60% increase in gold reserves at the Pampalo mine. Combined mineral reserves at Pampalo now amount to 321000 tons of ore grading 2.86g/t Au for a total of 29400oz Au. The updated estimate includes the 2022 drilling results for the Pampalo Deep extension area, […]