Teako Minerals Acquires 100% Of Vaddas & Birtavarra Projects
Teako Minerals announced the amendment of its option agreement with Capella Minerals regarding the acquisition of the Vaddas and Birtavaare licenses in northern Norway. Teako previously acquired a 50% stake in the project for the issuance of 1,000,000 shares to Capella. According to the old agreement, the remaining 50% interest could have been acquired by […]
Teako Minerals Clarifies Strategy For Norway
Teako Minerals provided an update on its exploration and business strategy in Norway, where the company recently staked a substantial land package (5458 Km2), making it the country’s largest landholder. According to the latest release, three projects (Vaddas, Lomunda, Venna), totaling 1640km2 will constitute the company’s main projects whereas the remaining landholdings (3818km2) are included […]
Kingsrose Consolidates Råna Project
Kingsrose Mining announced the exercise of an option agreement with Viad Royalties AB, a wholly owned EMX subsidiary, to further consolidate its Råna Nickel project. By exercising the option, Kingsrose has acquired 100% interest in the tenure that can be retained by providing EMX with a 2.5% NSR, annual exploration expenditures, the payment of advanced […]
Teako Minerals Granted Additional Ground In Norway
Teako Minerals announced it has been granted 854 square km of new exploration claims in central Norway. The claims cover a large area of prospective stratigraphy around the now-closed Lokken mine that historically produced 24Mt @ 2.3% Cu & 1.9% Zn. Exploring for additional VMS deposits, the company initially plans to compile existing regional geological […]
Additional Ni-Sulfide Mineralization Intersected At Råna
Kingsrose Mining reported the remaining assay results from its 2023, 12-hole, 4318m diamond drilling program at the Råna project in northern Norway. At the Rånbogen prospect, two additional drill holes intersected massive sulfide mineralization, grading e.g. 1.4m @ 1.8% Ni, 0.2% Cu, 0.19% Co in drill hole 23RAN004 or 13.3m @ 0.4% Ni, 0.1% Cu, […]
Teako Minerals Increases Landholdings in Norway
Teako Minerals announced a significant increase in its landholdings in northern Norway. Following the granting of 72 new exploration claims and in combination with an option agreement with Capella Minerals, the company now controls 796 square kilometers of exploration ground in the historic Vaddas-Birtavarre mining district, prospective for cobber-cobalt mineralization. The Vaddas-Birtavarre district is host […]
REE Minerals Signs LOI For Process Development
REE Minerals signed a letter of intent with Rare Earth Salts Separation & Refining LLC to develop a processing circuit for the Fen Field light rare earth element deposit in Norway. Rare Earth Salts has developed patented technologies for REE processing and has recently produced high-purity NdPr from light rare earth concentrate feedstock and terbium […]
Kingsrose Receives Finnmark Drill Permit
Kingsrose Mining advised that it received permission from the Ministry of Trade and Fisheries of Norway to conduct exploration drilling at its Karenhaugen prospect in Finnmark County. The Karenhaugen intrusion is prospective for magmatic PGE-copper mineralization. In 2022, Kingsrose conducted a fixed loop electromagnetic survey over the intrusion, identifying a strong conductor down dip of […]
EMX Options 2 Norwegian Projects
EMX announced it optioned two polymetallic projects (“Sagvoll” & “Meråker”) in Norway to Lumira Energy Ltd, a private Australian company with plans to go public on the ASX in mid-2024. The two polymetallic projects are located in an early Paleoproterozoic VMS belt in central Norway. Both projects contain numerous historic mines and showings but have […]
Ertelien – Independent Review
Kuniko published results from an independent review of the Ertelien Nickel project. Conducted by SLR consultants, the assessment affirms the potential of high-grade nickel-copper-cobalt mineralization and acknowledges the potential for the broader Ringerike nickel region. Following this, the company is proceeding towards a maiden resource estimate at Erteilen, aiming to be completed in December 2023. […]