Falun Near Mine Targets Identified
Alicanto Minerals reported the identification of multiple brownfield targets around the historic Falun mine following 3D modeling and the review of historic drill core. Newly compiled, previously unreleased historic intersections include e.g., 15.5m @ 2.0% Cu or 7.7m @ 8.2% Zn, 1.6% Pb, 0.2% Cu, 0.6g/t Ag. The company is advancing these near-mine targets together […]
Olserum North Sampling Results
Ragnar Metals reported results from fieldwork at its Olserum North HREE project in central Sweden. Rock sampling at the project returned TREO values of up to 9012 ppm at the Hylleled prospect and up to 11991 ppm TREO at the Flaken prospect. The company sees the identification of REEs at the historic Flaken iron showing […]
Lainejaur – High-Grade Nickel Intercepts
OX Resources reported the intersection of high-grade Nickel-Copper-Cobalt mineralization at Bayrock’s Lainejaur project. Drill hole LAI23001 returned 4.7m @ 2.0% Ni, 1.6% Cu, 0.1% Co within a wider mineralized section of 22m @ 0.61% Ni, 0.52% Cu and 0.04% Co, confirming the historic mineralization as well as an interpreted broader mineralized envelope. The deposit remains […]
Falun Exploration Update
Alicanto Minerals provided an update on ongoing target generation ahead of diamond drilling at Falun. Following a drill program at the Skyttgruvan-Näverberg target in late 2022 and an evaluation of historical data from the recently acquired Falun mine area, the company narrowed its exploration efforts on a 3.5km mineralized trend between Skyttgruvan-Näverberg and the Falun […]
Olserum REE Project Acquisition
European Green Metals announced the acquisition of the Olserum REE project in southern Sweden which was recently designated a “project of national interest” by the Swedish Geological Survey. The project has a historic estimate of 4.5Mt @ 0.6% TREO in the indicated category and 3.3Mt @ 0.63% TREO in the inferred category (using a 0.4% […]
QX Acquires 39% Stake In Bayrock Limited
QX Resources announced it secured 39% of Bayrock Resources Limited, controlling a portfolio of nickel-cobalt-copper projects in Sweden. Following drilling at the Lainejaur prospect, Bayrock has now mobilized a drill rig to the Vuostok project, where historic drilling intersected flat-lying, near-surface nickel-copper mineralization. Approximately 15 shallow holes for a total of around 450m are planned […]
SkyTEM To Commence At Puolalaki
Avira Resources announced that a SkyTEM survey at the Puolalaki project is to commence shortly. The heli-borne survey aims to screen the entire project area for moderate-strong conductors down to a depth of 100-200m – below the depth penetration of historically used slingram methods. Logging of the holes drilled in April is progressing steadily with […]
Ragnar Sells Tullsta And Acquires New Projects
Ragnar Metals announced the sale of its wholly owned subsidiary Ragnar Metals Sweden AB to BHP Metals Exploration Pty Ltd for cash considerations of 9.8 Mio AUD and a 1% NSR. The NSR can be bought back by BHP for 10 Mio AUD. Following, the company further announced the acquisition of two new REE licenses […]
District Metals – Ardnasvarre Mineral License
District Metals advised it received approval for the Ardnasvarre Mineral License Application some 30km north of the former Laisvall mine. The area is prospective for uranium, copper, zinc, lead and rare earth elements and contains e.g. the Labbas Uranium prospect where a drill hole from 2008 returned 7.0m @ 0.17% U3O8, including 0.8m @ 0.94% […]
Massive Sulfides Intersected At Lainejaur
QX Resources announced the intersections of massive sulfide mineralization at Bayrock Resources’s Lainejaur Ni-Cu-Co deposit in northern Sweden. The first diamond hole intersected massive sulfides with visible nickel and copper minerals over a 6m zone from 284-290m and minor sulfide dissemination above the massive zone to a depth of approx. 260m. Drill hole LAI23001 […]