Update from Aamurusko
Aurion Resources provided an update from recent drilling at its Aamurusko project, where the company recently has completed a 17-hole, 3557.5m drill program. Results for the first 11 drill holes have now been received, with the best intercepts grading 70.1g/t over 0.7m and 11.99g/t Au over 2.6m in drill hole AM21195. The intersections form part […]
More step-outs at Kaukua
Palladium One reported further drill results from its flagship Kaukua project. Notably, holes LK21-101,102 and 105) all intercepted the down plunge, high-grade ‘Core Zone’ of the current pit constrained Kaukua Resource. Hole LK21-105 returned “2.1 g/t Pd_Eq over 33.5 meters, within 1.6 g/t Pd_Eq over 121.1 meters”, representing the widest ore-grade intersection at the deposit […]
MoU signed with City of Vaasa
Beowulf Mining announced that its wholly owned subsidiary Grafintec Oy and their partner Epsilon Advanced Materials signed a memorandum of understanding with the city of Vaasa regarding the establishment of an anode materials production facility. The proposed plant with a final, overall capacity of 50,000 TPA of anode material aims to supply battery/cell manufacturers in […]
Enonkoski Update
Bluejay Mining announced the completion of its 2021 exploration program at the Enonkoski Ni-Cu-Co project, advanced together with JV partner Rio Tinto. Over the previous year, the company drilled a total of 4149.45m of diamond core, 99 top of bedrock holes, completed DHEM surveys on 22 drill holes, conducted UAV magnetic surveys and geological fieldwork. […]
Natura 2000 – Finland, Rajapalot
Mawson Gold provided an update on a recent decision made by the Regional Council of Lapland regarding the development of mineral deposits in Natura 2000 areas. A vote to clarify a specific point of the Lapland Agreement (a regional development program), showed strong support (42:6) for the development of projects in Natura 2000 areas through […]
Update from Hautalampi
Euro Battery Minerals provided an update from its Hautalampi Ni-Cu-Co project in eastern Finland. According to the company, the phase two drilling was completed on budget and in time. At Hautalampi, 46 holes for a total of 4606m were drilled. The second phase of drilling focused on the gab area between the Hautalampi deposit and […]
Exploration update from New Peak Metals
New Peak Metals reported the completion of a 10 hole, 1955m drill program at its Finnish Satulinmäki gold project. The program was designed to test several concepts regarding the “possible controls of the previously intersected, high-grade gold zones”. Preliminary, visual inspection of the drill holes indicate that “encouraging weak to moderate visual mineralization has been […]
Update on Otso Gold
Otso Gold provided an update regarding ongoing insolvency proceedings and protection from creditors under the “Companies’ Creditors Arrangement Act” (CCAA). Trading of the company’s shares is currently on hold until a review of the company’s suitability to list on either the TSXV or the NEX exchange is completed. In addition, the company advised it understands […]
Endomines starts mining activities ahead of schedule
Currently restarting the Pampalo Gold Mine in eastern Finland, Endomines reported a start of mining activities ahead of schedule. The new 815m mining level was reached in November and level development is ongoing with the first mining stopes expected to be in production in early February. Milling with stockpiled ore will start after testing is […]
Updates from Keliber
Advancing its hard rock lithium projects in Finland, Keliber provided several personal updates. According to the company, Markus Kivimäki was appointed as deputy CEO and major shareholder Sibanye-Stillwater appointed Mika Seitovirta as Chief Regional officer for Europe. The company further advised that its long-term drill contractor Oy Kati Ab started to switch to biofuel at […]