Kolima – VMS Targeting Update
Avrupa Minerals provided sampling results and a progress update from its Kolima VMS project in central Finland. Relogging and sampling of four historic drill holes confirmed the presence of distal VMS style, disseminated zinc mineralization. Interestingly, holes collared in the western limb of the Kärnä anticline show stronger mineralization than the holes collared into the […]
Helmi Discovery Extended
Aurion Resources provided an update from its Helmi project advanced together with JV partner B2 Gold. Results from 14 holes from the 2022 winter drilling program returned several new intercepts at Helmi, e.g. 2.44g/t Au over 43.45m in drill hole IKK22029. Notably, an intersection of 39m @ 1.46g/t Au in drill hole IKK22025 significantly extends […]
Kylmäkangas Maiden Resource Published
Gold Line Resources announced a maiden resource estimate for its Kylmäkangas gold deposit in the Oijärvi greenstone belt in northern Finland. The estimate amounts to 159000 oz AuEq, confined in 1.07 Mt of ore, grading 4.6g/t AuEq in the indicated category and 152000 oz AuEq amounting to 1.63 Mt @ 2.9g/t AuEq in the inferred […]
Northgold Drills First 1500m At Kopsa
Northgold announced the completion of the first 1500m of a previously announced, ongoing, 5000m drill program at its Kopsa project in central Finland. According to the company, the initial 8 holes were designed to confirm and possibly expand the central, high-grade zones of the deposit, as well as to test the down-dip continuity of its […]
Shallow, High-Grades at Ikkari
Rupert Resources reported new, shallow, and high-grade mineralization from its Ikkari discovery. Drill hole 122057, drilled in the eastern parts of the deposit returned 59m @ 8g/t Au from 148m (116m vertical) as well as deeper intercepts of e.g. 26m @ 4.5g/t Au from 223m. The company notes that an updated resource estimate, as well […]
Nordic Nickel Lists on ASX
Nordic Nickel reported a successful listing on the ASX, raising 12 million AUD in an oversubscribed IPO. Exploring for magmatic nickel sulfides in northern Finland, the company holds two assets of which one has seen significant historic drilling and holds known nickel mineralization. In the near future, the company plans to publish an initial JORC […]
Firefox Gold – Lapland Exploration Update
Firefox Gold provided an exploration update from its Sarvi and Mustajärvi projects in northern Finland. At the company’s Sarvi project, 12 initial holes have been completed with assay results for the first five holes received. Focusing on the northwestern part of the permit, drill hole 22SA001 intersected low-grade gold mineralization partly associated with elevated silver […]
Gold Line Resources – UAV Magnetic Survey Completed
Gold Line Resources announced the completion of phase 1 of a UAV magnetic survey covering its Oijärvi Gold project in Finland. The survey aims at collecting data to map underlying geology and structural architecture of the Oijärvi greenstone belt to determine priority drill targets. Phase one consisted of 2100 line kilometers, with phase two to […]
Aurion Resources Expands Land Package
Aurion Resources entered into an agreement with S2 Resources to acquire the Keulakkopää exploration permit in Finlands’ Central Lapland Greenstone Belt. Located approximately midway between Rupert Resources’ Ikkari deposit and Aurion’s Aamarusko discovery, the 6.4km2 project, will expand the company’s landholdings in the emerging gold district. Upon closing of the agreement, Aurion will issue 200000 […]
Capella Minerals – Drone Magnetic Survey Completed
Capella Minerals announced the completion of a 4000 lkm drone magnetic survey at its Katajavaara-Aakenus project in northern Finland. Preliminary interpretation has, to date resulted in the definition of six priority targets, including two potential extensions of Outokumpu’s historic Saattopora mine and a copper-gold target in the Killero area, where a historical bottom of till […]