Aurion Resources Finds Gold Potential in Lapland
Canadian precious metals exploration company Aurion Resources is reporting promising untested exploration potential for orogenic gold in Lapland.
Aurion released a Technical Report on its newly acquired Kutuvuoma and Silasselkä assets in the northernmost region in Finland, underlining the wealth to be found in the home of Father Christmas.
The exploration approach recommended for the two properties consists of two phases, with Phase 1 directed toward assembling all available exploration datasets through a desktop digital compilation project followed by a targeting exercise and sufficient field work to define areas for Phase 2 follow-up.
The recommended Phase 2 program consists of further detailed anomaly follow-up leading to initial drill testing of several target areas as well as completion of a limited deposit extension drilling program at Kutuvuoma. Estimated budgets of $3,000 and $1,300,000 have been recommended.
It was also concluded that good opportunities are present to define extensions to the included, high-grade drilling-defined Kutuvuoma gold deposit that was previously discovered and explored by Outokumpu OY in the 1990’s.
The Kutuvuoma and Silasselkä projects are situated in the Central Lapland Greenstone Belt (CLGB) of Northern Finland and are accessible by road.
The CLGB is a highly prospective, underexplored Proterozoic greenstone belt that hosts many gold, base metal, magmatic Ni-Cu-PGE prospects and deposits, including Agnico’s Kitttilä Gold Mine.
Finland was ranked number two in the Fraser Institute‘s top mining destination survey in 2013 and is one of the most underexplored stable jurisdictions in the world.
Details of the acquisition can be found via Aurion Resources.
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