Prospech Expands Korsnäs REE Project
Prospech Limited announced it applied for additional exploration tenements in the vicinity of its Korsnäs REE project. The new extension area includes the Granskog REE prospect as well as the historic Petolahti Ni-Cu mine with a historic production of approx. 85 000t of ore. As a first step, the company is currently designing a ground-penetrating […]
Penikat Permitting Update
Kingsrose Mining provided an update on the permitting process for exploration drilling at parts of its Penikat project in Finland. Following the review of a Natura 2000 Assessment prepared by Kingsrose, the Centre for Economic Development, Transport, and the Environment “determined that the proposed exploration drilling will not have a negative impact on the integrity […]
Kopsa – Updated Resource Estimate
Northgold published an updated resource estimate for its flagship Kopsa gold project, totaling 20.68Mt @ 0.88g/t Au and 0.17% Cu for a total of 585100 oz Au and 34300t contained Cu. Calculated at an increased cut-off grade of 0.5g/t AuEq (previously 0.3g/t AuEq), the estimate represents a 37% increase in gold-equivalent ounces compared to the […]
Pontio Gold System Extended
Gemdale Gold reported the intersection of gold mineralization in an 800m step out south of previous intersections at its Pontio Gold project in western Finland. As part of a 10-hole, 782.30m drill program, drill hole PONT067 intersected 20.34m @ 1.05g/t Au and 0.06% Cu from 7.5m, including 1.98m @ 4.54g/t Au from 22.23m, extending the […]
Final Assay Results from Kuittila
Endomines reported final exploration results from 2023 diamond drilling at its Kuittila project. Final assays from the 33-hole, 5072m drilling program returned e.g. 8.6m @ 1.8g/t Au, including 0.9m @ 5.7g/t Au and 0.9m @ 6.3g/t Au in drill hole KT-026 or 7.3m @ 2.1g/t Au, including 1.0m @ 9.1g/t Au in KT-022. Notably, the […]
High-Grade Au Intercept From Aurion-B2 JV
Aurion Resources reported high-grade gold intercepts from scout drilling at the Vuoma prospect within the B2 Gold JV project. Drill hole VUO2312 intersected 4.90m @ 28.64g/t Au, including 1.10m @ 126.00g/t Au from 455.80m. The mineralization is hosted by sheared, fuchsite-chlorite-biotite altered ultramafic rocks at the contact with a sheared and altered siltstone and appears […]
Korsnäs Tailings Drilling To Commence In February
Prospech Limited reported further assay results from its ongoing resampling program around the former Korsnäs Lead mine. Highlighted, newly released assay results from the phase 3 sampling program include e.g. 8.6m @ 11,335 ppm TREO, including 4.2m @ 20,192 ppm TREO in drill hole KR-210. Additional assay results are currently pending. The company further announced […]
Hautalampi Development Update
Eurobattery Minerals provided an update on the development of its Finnish Hautalampi battery metals project. According to the company, a new process design for the concentration plant will allow for copper and nickel-cobalt flotation systems to produce an estimated annual 21 000t of Ni 7%, Co 1.9% concentrate, and 5 000t of Cu 25% concentrate […]
High-Grade Infill Results From Pampalo
Endomines reported new high-grade drill results from underground drilling at its Pampalo mine. Infill drilling from the planned production area between the 875 and 955m level returned multiple, exceptionally high-grade intersections, e.g. 13.5m @ 18.2g/t Au, including 3.9m @ 46.3g/t Au in drill hole T-1948 or 7.4m @ 24.5g/t Au, including 0.8m @ 146.0g/t Au […]
Sotkamo Mineral Reserve Update
Sotkamo Silver published an updated mineral reserve estimate, amounting to combined proven and probable reserves of 1.45Mt @ 94g/t Ag, 0.2g/t Au, 0.23% Pb, and 0.55% Zn. According to the company, the known reserves together with the known mineral resources currently support a 7–8-year mine life. By the end of 2025, the company aims to […]