S2 Resources – Sale Of Licence Applications
S2 Resources announced the sale of two exploration licence applications in northern Finland to a subsidiary of Kinross Gold. Kinross used its right of first refusal to acquire the Paana East and Paana Silas applications for total consideration of 175 000 USD. The two licences represent approx. 15% of S2’s ground holdings in Finland. […]
Sarvi Reconnaissance Drilling Completed
Firefox Gold announced the completion of a second drill program at its Sarvi project in northern Finland. The follow-up reconnaissance program consisted of four holes totaling 611m, testing a combination of BOT, structural and geological targets. Drilling intersected quartz-carbonate (tourmaline) veining with sulfides and sulfide-bearing carbonaceous sediments at the contact with mafic volcanic rocks. Assays […]
Capella Minerals – Exploration Permits Granted
Capella Minerals announced it received several exploration permits, covering five copper-gold targets in northern Finland. Initially, the company will focus on evaluating the potential extension of the historic Saattopora Au-Cu mine as well as to follow up a historic bottom of till anomaly with values up to 5962 ppm Cu in the Killero E target […]
Sala – New High-Grade Zones Identified
Alicanto Minerals announced the identification of new high-grade silver and zinc zones at its Sala project in central Bergslagen. Recent drilling by the company at the southern extension of the prince load intersected e.g. 3.8m @ 259g/t Ag, 0.2% Zn, and 8.6% Pb in drill hole SAL2340. A two-hole drill program has further been successful […]
Endomines – Exploration And Development Updates
Endomines reported first drill results from exploration drilling at the Korvilansuo prospect, located approximately 20km to the south of Pampalo. Initial assay results for a 5000m exploration program returned e.g. 0.8m @ 15.1g/t Au in drill hole KVS-69. The company further announced plans to start gold production in the Hosko area, located approx. 10km to […]
Aurion Stakes New Ground
Aurion Resources announced the claiming of new properties, prospective for gold and critical minerals in northeastern Finland. The generally underexplored region includes large areas that are considered to be prospective for lithium with historic till data showing anomalous lithium values on a regional scale. Gold has previously been discovered at the Auermavaara prospect with values […]
Copper Assays From Kopsa
Northgold reported copper assays from its Kopsa gold-copper project, where the company recently drilled 25 holes for a total of 4241m. The now-reported copper assays increase the metal value of the previously reported intercepts by 20%, resulting in a weighted average gold equivalent grade of 1.26g/t AuEq. Following the receipt of the copper assays, the […]
Gemdale Gold Portfolio Update
Gemdale Gold announced the staking of new ground in SE Finland. The newly claimed Savo project covers a shear-hosted gold deposit with more than 25 000m of historical drilling and an inferred resource of 3.23Mt @ 2.7g/t Au for 276 000oz Au. In addition, the company received final approval for the Nuotti and Perä exploration […]
Sinermä Mineralization Extended
Aurion Resources reported the intersection of gold mineralization in multiple drill holes at the Sinermä prospect, advanced together with JV partner B2 Gold. Drilling intersected shallow gold mineralization over approx. 450m strike length, returning e.g. 30.2m @ 0.65g/t Au (SIN23013) or 30.2m @ 0.54 g/t Au in drill hole SIN23020. The mineralization was originally discovered […]
Helmi Depth Extension
Aurion Resources reported more drill results from its B2 JV project, including the intersection of deep mineralization at the Helmi prospect. Amongst other intervals, drill hole IKK22043 intersected 57.3m @ 1.07g/t Au from 360.8m, confirming the Helmi depth extension and providing important information regarding the geometry of the mineralization. In addition, drill hole KUE 22035 […]