Capella Expands Battery Metal Focus
Capella Minerals announced the acquisition of a lithium and REE project portfolio in Finland. The portfolio, acquired from elementX Finland Oy consists of seven lithium pegmatite and rare-earth element reservations and applications in southern Finland. In consideration for the projects elementX’s shareholders will receive shares in Capella, amounting to approx. 10% of the company’s outstanding […]
Hautalampi Resource Update
Eurobattery Minerals published an updated mineral resource estimate for its Hautalampi project. The update resulted in a 40% increase in contained metal, amounting to a measured and indicated resource of 9.3 Mt @ 0.28% Ni, 0.19% Cu, and 0.07% Co at Hautalampi and an inferred resource of 3.2 Mt @ 0.22% Ni, 0.13% Cu and […]
Ikkari – Mineralization Extended
Rupert Resources reported initial results from its 2022/2023 drill program that is planned to include 72800m of drilling (infill, step out, satellites, and regional targets). Drill hole #122180, targeting the eastern extension of the mineralization returned 32.5m @ 2.2g/t Au, extending the mineralization by approx. 110m down dip, beyond the limits of the current resource […]
Untied Lithium Starts Drilling Finnish Project
United Lithium announced the start of drilling at its Kietyönmäki lithium project in southern Finland. Stage one will include 10 holes, averaging 100m, aiming to confirm the current geological knowledge and “provide enough data to model a mineralized body exceeding 500000 tonnes with a grade of greater than 1% Li2O”. Upon encouraging results, an additional […]
Endomines – New Exploration Reservations
Endomines announced plans to expand operations in the Ilomantsi Greenstone Belt, where the company has been granted exploration reservations covering the Huhus Zinc-Lead and Iron prospects. The company notes, that, although historic exploration in the area resulted in 30 drill holes for a total of 4782m, the “occurrence of gold has not been widely studied […]
Helmi – Wide Zone Of Au Mineralization Intersected
Aurion Resources reported wide zones of mineralization from its Helmi project, advanced together with JV partner B2 Gold. Drill hole IKK22038, drilled in the western parts of the Helmi prospect intersected several mineralized zones, including 0.82g/t Au over 108.1m. The deepest mineralization intersected in IKK22038 furthermore increases the vertical extend of gold mineralization at Helmi […]
Capella Minerals – New Lithium Reservation
Capella Minerals announced the application for a new lithium reservation in southern Finland. In detail, the “Perho” reservation covers an area of 50sq km over the Eräjärvi Lithium-Cesium-Tantalum pegmatite field that has seen historic lithium production and from where more than 70 pegmatite dykes, enriched in B, Be, Li, Nb, Sn, and Ta are reported. […]
Northgold – Kiimala Trend Drilling Imminent
Northgold AB announced the completion of drilling activities at its Kopsa project and the move of the drill rig to its Kiimala Trend project. At Kopsa, the company drilled 25 holes for a total of 4239.8m, aiming at confirming and growing the resource. Assay results for most of the holes are currently pending. At the […]
Enonkoski Exploration Update
Bluejay Mining provided an update on exploration activities at its Enonkoski Ni-Cu-Co project in eastern Finland, advanced together with JV partner Rio Tinto. First drilling in 2022 focused on the Muhelampi and Laukunlampi targets, 2.5km west and directly southeast of the former Laukunkangas Ni-Cu-Co mine, respectively. The completed exploration activities at the two targets included […]
Mawson Gold – New Targets Identified
Mawson Gold announced results from a drone-based magnetic survey, highlighting multiple new exploration targets within its Rompas-Rajapalot project in northern Finland. Following a detailed interpretation of the magnetic data and further integration with geological and geochemical data, the company defined 30 targets within a 4×4 km large area between the Rompas discovery and the Rajapalot […]