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 […]
First Nordic Commences BoT Program At Klippen Project
First Nordic Metals announced the commencement of base of till drilling at the Klippen project located in the southern extent of the Swedish Gold Line. The up to 120-hole program is designed to localize the bedrock source of a several kilometers long and several hundred meter wide glacial till anomaly. While previous operators have intercepted […]
Mawson Reports Assay Results From Raja And Joki Prospect
Mawson Finland reported the latest assay results from its winter 2024 drilling campaign at Rajapalot. Drilling at the Raja prospect was successful in expanding the mineralized envelope, intersecting multiple zones of mineralization, highlighted by e.g.5.8m @ 2.17g/t Au, 3m @ 2.43g/t Au or 8.6m @ 1.9g/t Au in drill hole PAL0347. Additional drilling at the […]
Endomines Reports Hosko Drilling Results
Endomines reported exploration results from recent drilling at the Hosko target at the Karelian Gold Line in eastern Finland. The 23-drill hole, 2905m drilling program aimed at testing the continuity of the gold mineralization within the 1.2km mineralized trend. The program was successful in defining two high-grade zones in the vicinity of the recently opened […]
More Assay Results From Palokas
Mawson Finland reported further high-grade intercepts in step out drilling at the Palokas prospect. The newly released results are part of the company’s 38-drill hole winter 2024 drilling campaign. Notably, drill hole PAL0354 intersected 12m @ 1.7g/t Au, demonstrating the system to remain open at depth (cobalt assays are currently pending). Palokas Long Section (Source: […]