19.9 C
Belgrade
Supported byspot_img
spot_img

FireFox Gold Commences Exploration in Finland

Member of Europium Groupspot_img
Supported byspot_img

FireFox Gold Corp., formerly Silverstone Resources Corp., an unlisted reporting issuer in British Columbia and Alberta, is pleased to announce that it has commenced gold exploration activities on the Jeesiö and Ylöjärvi Projects, key properties in its 60,000 hectare land package in Finland.

The geological team from Magnus Minerals Ltd., acting as operator, initiated a program of geological mapping, rock sampling, till sampling, and geophysics on the 40,000 hectare Jeesiö Project in the Central Lapland Greenstone Belt. This is some of the first detailed reconnaissance and follow-up exploration work in this area since news of the Aamurusko gold in boulders discovery by Aurion Resources, less than 10 km north from the FireFox survey area.

Similarly, in southern Finland, Magnus geologists have been conducting mapping, sampling, and geophysics on the 10,000 hectare Ylöjärvi Gold Project, which is located in the Tampere Schist Belt. The Ylöjärvi Project lies between the currently operating Orivesi Gold Mine and the inactive Haveri Gold Mine. This project includes numerous historical gold showings and previously drilled prospects.

Supported by

The Company expects to continue this prospecting work as long as weather permits. Combined with follow-up systematic sampling and interpretation, these surveys may lead to maiden drill targets on the Ylöjärvi Project by Winter of 2017 – 2018. Magnus is funding this first stage of exploration work and will be reimbursed by FireFox as part of the spending commitment related to the option agreement on the Finland properties.

Source: wireservice

Supported byElevatePR Digital

Related News

Rio Tinto Assures on 2500 Pages – There is a Solution for Every Danger

Rio Tinto executed a move announced six months ago – they published drafts of environmental impact studies on how harmful the lithium mine in...

Geopolitical struggle over Central Asia’s rare-earth reserves

Central Asia, encompassing Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Afghanistan and Mongolia, holds vast untapped reserves of rare-earth minerals. Recent global developments have thrust these...

Guatemala revokes environmental license for Canadian-backed open-pit mine

The Guatemalan government has revoked the environmental license for a proposed open-pit mine near the border with El Salvador, citing multiple "anomalies," including forged...

Thailand’s $1.20 quadrillion mineral wealth: A catalyst for new industrial growth

Thailand is home to a treasure trove of mineral resources that could significantly boost its economy and spearhead the development of new industries. With...
Supported by
Supported by
Supported by
error: Content is protected !!