Multiple Conductors Identified At Rajapalot
Mawson Finland reported results from a down-hole EM campaign at its Rajapalot project. Following the 2024 drilling campaign, the geophysical surveys successfully identified several strong conductors down dip of the Palokas and Palokas South zones as well as several hundred meters along strike to the northeast and at depth at the Raja prospect. In preparation […]
Appeal Upheld Against Extension Of Mining Lease
Latitude 66 reported that the Administrative Court of Northern Finland upheld an appeal against the extension of mining rights covering key deposits of the company’s KSB project. The appeal was filed against a decision by the Finnish mining authority to grant a postponement of the expiry of the mining rights in April 2022. Going forward, […]
Gemdale Gold Outlines Listing Plans
Gemdale Gold updated on its plans to go public. The company holds a portfolio of advanced and early-stage gold projects in Finland. Focusing on its flagship Pontio project, the company plans to list on the TSX venture exchange in early 2025. The company further noted that it recently completed field visits with potential partners at […]
Aarnivalkea Drilling To Commence Shortly
Valkea Resources has announced the start of exploration activities at its Paana project in northern Finland. The company has engaged Geopool Oy to manage a 2000-meter drilling program set to commence shortly. The program is designed to test high-grade targets at the Aarnivalkea West discovery and improve the understanding of the structural controls on gold […]
Kinross Drops Out Of Palvanen Earn In
Valeka Resources reported that Kinross Gold has chosen not to proceed to the second stage of an earn-in agreement for the Palvanen project, thereby returning 100% ownership of the project. Since 2021, Kinross conducted property-wide geophysics, collected over 4900 base of till samples, and drilled over 8000m at the project. The company notes that it […]
Mawson Finland Summarizes 2024 Drilling Program
Mawson Finland provided a summary of its 2024 Rajapalot exploration drilling program. Totaling 11,376m, the program was successful in stepping out from the known deposits as well as in identifying a new lens of mineralization in the footwall of the South Palokas deposit, returning e.g. 21.75m @ 5.25g/t Au, 515ppm Co, including 3.2m @ 21.61g/t […]
Rupert Advances To Second Stage Of Sikavaara Earn-In Agreement
Valkea Resources advised that Rupert Resources is advancing to the second stage of the Sikavaara project Earn-in agreement. Initially signed with a subsidiary of S2 Resources, Rupert had to spend 1.2 million euros in exploration expenditures over the first three years. As part of stage two, Rupert must spend another 2.2 million euros over the […]
Update From Alicanto Minerals
Alicanto Minerals announced the identification of a new target following a recent technical review and field mapping campaign at the Greater Falun project. According to the company, “field mapping highlighted potential quartz vein hosted gold mineralization over a target zone of approximately 3km length”, at the Strömbo target, where previous sampling returned up to 7.2g/t […]
Latitude 66 Reports Fieldwork Results
Latitude 66 reported results from fieldwork at its Peräpohja Schist Belt project in northern Finland. Rock chip sampling at the Vinsa prospect returned extremely high Cu-Au assays from a historically known, mineralized quartz vein. (up to 11.3g/t Au & 20.1% Cu). Additional fieldwork resulted in the extension of the quartz vein to more than 1.3km […]
Mawson Releases Final Assays From Rajapalot
Mawson Finland reported the final assay results from a 38-drill hole 2024 winter diamond drilling campaign at its Rajapalot project in northern Finland. The drilling was successful in intersecting more high-grade mineralization down dip the South Palokas deposit, returning e.g. 6m @ 2.24g/t Au and 302ppm Co and 5.3m @ 2.75g/t Au and 559ppm Co […]