Exceptional Results From Ikkari
Rupert Resources reported on a recent project drilling program at Ikkari that was designed to increase confidence in the indicated mineral resource estimate and provide additional material for metallurgical test work and engineering studies. The drilling continued to confirm the robustness of the mineral resource by returning exceptional grades, highlighted by 120m @ 6.2g7t Au […]
Mandalay Reports Gold From East Of Björkdal
Mandalay Resources reported new assay results from exploration drilling at the Norrberget and Vidmyran targets located a few kilometers east of its operating Björkdal gold mine. At Norrberget, where the company previously defined an indicated resource of 191kt @ 2.93g/t Au and a reserve of 170kt @ 2.74g/t Au, drilling was successful in extending the […]
High-Grade from Heinä South
Rupert Resources reported new assay results from its winter drilling campaign at Heinä South and Ikkari. While continuing to intersect high-grade mineralization in infill drilling at Ikkari, the program was further successful in extending the mineralized zone at Heinä South to more than 250m along strike and to a depth of 200m, returning e.g. 10.5g/t […]
Mandalay Extends The Storheden Gold Deposit
Mandalay Resources reported results from recent exploration drilling at the Storheden gold deposit located some 600m north of the Björkdal gold mine. Highlighted assay results returned e.g. 70.2g/t Au over 0.45m (0.15m estimated true width) or 39.7g/t Au over 0.70m (0.45m estimated true width) in drill hole SH-06. Drilling confirmed the mineralization over a strike […]
European Energy Metals Initiates Gold Exploration
European Energy Metals announced it will soon commence gold exploration activities on its landholdings in the Central Lapland Greenstone Belt, currently amounting to approximately 3000 km2. According to the company, preliminary reconnaissance prospecting has locally identified gold and/or copper occurrences on the company’s license. The company’s team will be led by Mike Basha, founder and […]
Jokisivu Drill Results Confirm Down Plunge Extension
Dragon Mining reported results from underground drilling at its Jokisivu gold mine in southern Finland. The 13-hole, 2046m drilling campaign targeted the down plunge extension of the Arpola lode, one of the two main mineralized shoots at Jokisivu. Intersecting mineralization as high as 1.55m @ 83.40g/t Au or 3m @ 13.29g/t Au, the campaign was […]
DiscovEx to acquire Lat 66
DiscovEx Resources announced plans to acquire all of the shares in Latitude 66 Cobalt, thereby gaining access to the company’s gold-cobalt-dominated portfolio in central and northern Finland. The portfolio includes the key “KSB” project that boasts indicated and inferred resources of 7.3Mt @ 2.7g/t Au & 0.08% Co for a total of 650,000oz Au and […]
New Discovery At Aurion-B2 JV
Aurion Resources reported a new greenfield discovery within the B2 Gold-Aurion JV in northern Finland. The discovery, named Sore, is located near the NW boundary of the JV property and returned multiple gold mineralized intervals e.g., 26.45g/t Au over 2.45m, 1.05g/t Au over 40.70m, 1.33g/t Au over 17.90m or 1.74g/t Au over 14.10m. Most mineralization […]
Northgold – Important Exploration Permit Becomes Valid
Northgold reported that its most important exploration permit of the Kiimala Trend project has gained legal force following a recent court ruling. The Haapavesi 8 permit includes multiple historic projects and prospects including the compliant Ängesneva resource with 3.85Mt @ 1.19g/t Au and the historic Vesiperä resource amounting to 0.29Mt @ 2.52g/t Au. According to […]
Rupert Makes A Bit For B2 Gold’s Stake In Aurion JV
Aurion Resources advised it received notice of an offer from Rupert Resources to acquire B2 Gold’s 70% stake in the Aurion-B2 Gold JV project. The offer has a value of more than 100 million CAD and would give Rupert control over the Helmi deposit, as well as an extensive and highly prospective exploration portfolio. According […]