Atalaya Mining Enters VMS Exploration In Sweden
Atalaya Mining announced that it entered into two binding agreements with Mineral Prospektering I Sverige AB concerning the exploration of two VMS projects in northern Sweden. Both projects have identical terms, allowing Atalaya to earn 75% interest in each project by funding exploration expenditures and making certain cash payments totaling 12 million USD on each […]
Ragnar Reports First Uranium Exploration Results
Ragnar Metals reported results from reconnaissance sampling at three recently granted uranium projects in Sweden. Two of the projects target the Alum shales adjacent to the Viken and Häggån deposits while the Flugen project is located in southern Sweden, targeting more conventional type, higher-grade uranium mineralization. Reconnaissance mapping and sampling at the Flugen project returned […]
Bastion Reports pXRF Results From Bergslagen
Bastion Minerals reported pXRF results from prospecting work at three of its newly granted exploration licenses in Bergslagen, returning up to 18.56% REE and 24.91% Cu. Detailed assay results are expected during November. The mineralization within the company’s properties is associated with magnetite skarns which have been subject to historical iron mining activities. Going forward, […]
Promising Initial Assay Results From Olserum
European Green Transition reported initial results from its recent drilling program at the Olserum REE project in southern Sweden. The now-reported four holes were testing the continuation of REE mineralization beneath the historic Djupedal showing, where surface sampling returned up to 20.45% TREO. Returning e.g. 1.5m @ 3.48% TREO, including 0.5m @ 7.7% TREO, 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 […]
Stollberg Drilling Commences
District Metals announced the commencement of a 2,200m diamond drilling program the Stollberg project that is currently being advanced in collaboration with Boliden Mineral AB. The drilling program is designed to test the immediate surroundings of the historic Gränsgruvan mine, where polymetallic ore has historically been produced from 1943 to 1978. Drilling will be followed […]
Channel Sampling Returns Wide Zone Of Lithium Mineralization
Ragnar Metals reported the intersection of 11.55m of lithium mineralization in channel sampling at its Orrvik project. Cut perpendicular to the inferred trend of the pegmatite, the sampling returned 11.55m @ 1.45% Li2O, 74ppm Ta2O5, and 0.03% SnO2, including 3m @ 3.11% Li2O, 48ppm Ta2O5 and 0.04% SnO2. Notably, the intercept remains open to the […]
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 […]
Groundmag Survey Underway At Gyttorp
Bastion Minerals announced the commencement of a ground magnetic survey in the northern parts of its Gyttorp REE property in central Sweden. The survey aims to map the extent of the magnetite-rich skarn horizon along a three-kilometer-long, mineralized horizon and define drill targets associated with thicker and more complex skarn mineralization. In addition, the company […]
REE Mineralized Syenite Intrusion Identified At Olserum North
Ragnar Metals reported the identification of a REE mineralized syenite at its Olserum North project in southern Sweden. The newly discovered intrusion has to date been mapped over an area of 50m by 20m and is open to the north, east, west, and at depth. Samples from the intrusion returned up to 0.6% TREO with […]