European Energy Metals to Acquire 100% Of Finnish Li Project
European Energy Metals announced an amendment to a previous earn-in agreement concerning Capella Minerals Finnish Lithium project. Under the new agreement, European Energy Metals can acquire 100% interest in the project by paying 250,000 dollars in cash and the issue of 1,100,000 million shares as well as a 2% NSR to Capella. The project covers […]
DiscovEx to acquire Lat 66
DiscovEx Resources announced plans to acquire all of the shares in Latitude 66 Cobalt, thereby gaining access to the company’s gold-cobalt-dominated portfolio in central and northern Finland. The portfolio includes the key “KSB” project that boasts indicated and inferred resources of 7.3Mt @ 2.7g/t Au & 0.08% Co for a total of 650,000oz Au and […]
Kuusisuo Magnetic Separation Testwork Resutls
Great Northern Minerals published results from preliminary magnetic separation testwork of lithium-bearing minerals from its Kuusisuo project. The rejects from three previously analyzed rock chip samples were sieved to produce five different fractions of crusher fines. Ocular inspection of the fractions revealed that the 0.125mm-0.25mm fraction had the best liberation results. Subsequent magnetic separation of […]
Korsnäs Strike and Depth Extension
Prospech Limited reported further high-grade REE results from re-assaying of historic core from the former Korsnäs lead mine in Finland. The best results returned 24.0m @ 17,649 ppm TREO, including 7.3m @ 49,324 ppm TREO in historic hole KR-186, located at the southern end of the historic mine. Importantly, the newly received results further indicate […]
Nordic Nickel Commences BOT Program
Nordic Nickel announced the commencement of a 280-hole, 2240m bottom of till (BOT) drill program at its recently granted Holtinvaara exploration permit, several kilometers northeast of its existing Hotinvaara JORC resource. The sampling program aims to test a prospective magnetic anomaly that is located within the interpreted extension of the prospective ultramafic trend seen at […]
New Discovery At Aurion-B2 JV
Aurion Resources reported a new greenfield discovery within the B2 Gold-Aurion JV in northern Finland. The discovery, named Sore, is located near the NW boundary of the JV property and returned multiple gold mineralized intervals e.g., 26.45g/t Au over 2.45m, 1.05g/t Au over 40.70m, 1.33g/t Au over 17.90m or 1.74g/t Au over 14.10m. Most mineralization […]
Northgold – Important Exploration Permit Becomes Valid
Northgold reported that its most important exploration permit of the Kiimala Trend project has gained legal force following a recent court ruling. The Haapavesi 8 permit includes multiple historic projects and prospects including the compliant Ängesneva resource with 3.85Mt @ 1.19g/t Au and the historic Vesiperä resource amounting to 0.29Mt @ 2.52g/t Au. According to […]
Korsnäs Tailings Drilling Completed
Prospech Limited reported the completion of drilling at the historical Korsnäs Tailings Storage Facility. As part of the program, the company drilled 64 holes to an average depth of 9m. Samples of 57 holes have subsequently been dispatched for assaying, while seven drill holes have been retained for future metallurgical test work. The company hopes […]
Rupert Makes A Bit For B2 Gold’s Stake In Aurion JV
Aurion Resources advised it received notice of an offer from Rupert Resources to acquire B2 Gold’s 70% stake in the Aurion-B2 Gold JV project. The offer has a value of more than 100 million CAD and would give Rupert control over the Helmi deposit, as well as an extensive and highly prospective exploration portfolio. According […]
Hotinvaara Mineral Resource Update
Nordic Nickel published an updated MRE for its Hotinvaara prospect following an extensive drilling campaign in 2023. The new estimate amounts to 418Mt @ 0.21% Ni, 0.01% Co and 53ppm Cu for a total of 862800t contained nickel, 40000t contained cobalt and 22100t contained Cu. According to the company, some 460000t of the contained nickel […]