First Nordic Metals Commences BoT Drilling At Nippas Target
First Nordic Metals announced the commencement of top of bedrock drilling at the Nippas target located 28km to the north of its Barsele gold deposit in northern Sweden. The program is designed to systematically explore a >5km long Au-As-Cu-Zn glacial till anomaly with up to 120 holes. Geochemical Anomalies and planned top of bedrock […]
Boliden Acquires Zinkgruvan and Neves-Corvo
Boliden entered into a definitive agreement with Lundin Mining to acquire the Zinkgruvan and Neves-Corvo mines for USD 1.3 billion, plus contingent cash payments of up to USD 150 million. The addition of these two mines will significantly enhance Boliden’s zinc and copper production. In 2023, Neves-Corvo produced approximately 108 kt of zinc and 34 […]
Gungnir Expands Knaften Project
Gungnir Resources reported the addition of 92 square kilometers to its Knaften-Hemberget gold line property package in Sweden (pending final approvals). The new application areas cover a sequence of folded supracrustal rocks, west and east of the company’s existing Knaften permit. The company is considering multiple alternatives to advance its projects, including fundraising, earn-ins, or […]
Additional Assay Results Confirm Olserum REE potential
European Green Transition reported the next batch of assay results from recent drilling at its Olserum REE project in southern Sweden. The newly released assay results confirm the continuation of high-grade REE mineralization 60m below outcropping mineralization in the western part of the Djupedal prospect, returning multiple mineralized zones with the best one grading 1.18% […]
Ground Magnetic Survey Completed At Gyttorp
Bastion Minerals reported results from a recently completed ground magnetic survey at its Gyttorp REE-Cu project in central Sweden. Thanks to its high resolution, the ground survey was successful in better delineating the magnetite skarn associated REE-Cu mineralization at the project and identifying new trends. Together with previous geological sampling work in the area the […]
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 HäggĂĄn 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 […]