Lainejaur Drilling Commenced
Bayrock Resources announced the commencement of diamond drilling at the high-grade Nickel-Cobalt-Copper Lainejaur project in northern Sweden. Drilling is testing an area of the Lainejaur project that has previously seen high-grade intersections, e.g. 9m@ 2.1% Ni, 0.7% Cu, 0.17% Co, 0.5g/t Au. The Lainejaur deposit was mined historically with a 2018 JORC-compliant estimate establishing an […]
Study Shows Near 100% REE Recovery
Eurobattery Minerals reported on a new method that could allow for nearly 100% recovery of REEs in the Fetsjön deposit in northern Sweden. The results come from a research partnership with the Uppsala University and the AGH University of Science and Technology in Krakow and indicate that the REE-bearing carbonate-apatite shale at Fetsjön is particularly […]
Puolalaki Drilling Commences
Avira Resources announced that a 5-hole drill program for a total of 1075m is planned to commence this week at the Puolalaki project in Northern Sweden. Drilling aims to test multiple highly conductive bodies near surface but also a larger anomaly at depth. Drilling will be carried out by Northdrill Oy and is planned to […]
Dragon Mining – Updated Mineral Resources
Dragon Mining published an updated Mineral Resource and Ore Reserve Estimate for its projects in the Nordic region. As of 31st December 2022, the combined resources (inclusive reserves) for the company’s Vammala Production Center in southern Finland and the Svartliden Production Centre in northern Sweden amounts to 14Mt @ 3.2 g/t Au for a total […]
Viken – Additional License Applications
District Metals advised it applied for additional mineral licenses to the north (Viken nr 3) and south (Viken nr 2) of its polymetallic Viken mineral license application. Historic drilling within these areas returned grades and widths of similar style to the results from the Viken deposit. Viken Exploration License applications and deposit outline (Source: […]
Dannemora Offtake Agreement
Grängesberg Exploration Holding signed an offtake and royalty agreement with Anglo American for high-grade magnetite concentrate from Dannemora. The exclusive agreement covers the entire planned production throughout the life of mine, estimated to currently 11 years. As a condition for the offtake agreement, Anglo American also signed a 10 Mio USD royalty agreement that will […]
EMX -Sale of SkellefteĂĄ Projects
EMX announced the sale of the Adak VMS and the Ă…kerberg and Rismyrliden gold projects to Copperhead Mineral AB, an unlisted public company in Sweden. Both the Adak and Ă…kerberg claims include past producing mines and the Rismyrliden license sits on the same corridor, that hosts Ă…kerberg and the active Björkdal Gold Mine. Following this […]
Paubäcken Drill Results
Gold Line Resources announced drill results from its 2022 winter drill program at the Paubäcken project. Six diamond holes totaling 882m have been drilled, testing the Aida shear corridor that previously returned high-grade gold mineralization. In addition to the earlier reported 14.55m @ 2.44g/t Au in the first hole of the campaign, further gold mineralization […]
New Targets Identified At Granmuren
Ragnar Metals reported the identification of three new targets at its Granmuren project in central Sweden. Modeling of recently completed downhole IP and EM surveys identified a 300x250m DHEM plate to the east and below drill hole 22DDST012 that could potentially represent a whole new mineralized gabbroic body (Target 1). Additional targets were further identified […]
Falun – Multiple Near Mine Targets Identified
Alicanto Minerals announced it will proceed with the Falun acquisition after due diligence resulted in the identification of numerous drill targets near the historic mine. Initial compilation of historic data resulted in the identification of significant gold and base metal mineralization outside the historic mining voids. The identified targets in the near mine environment include […]