Orogen Royalties has formed a two-year generative exploration alliance with Aurum Discovery to target gold and silver in Norway's Pasvik and Mjøsa-Vänern regions. The alliance features a €500,000 budget funded by Orogen, with Aurum providing geological and in-country expertise, aiming to create long-term royalty exposure.
Blue Moon Metals announced positive initial results from its infill drilling campaign and further deep exploration at the Nussir Project in Norway. The infill drilling confirmed high-grade copper-gold-silver mineralization, with several intercepts exceeding 1% CuEq, and aims to upgrade existing Indicated Resources to Measured. Deep exploration drilling successfully extended mineralization at depth, including a significant intercept of 1.56% CuEq over 3.7 meters in hole NUS-DD-26-07. The company also disclosed detailed QA/QC procedures and metal equivalent calculation parameters.
Norden Crown Metals Corp. has received a notice from Boliden AB withdrawing from the Burfjord project option agreement. Boliden will fulfill its contractual obligations during a 90-day termination period, leaving the project in good standing.
Norden Crown Metals Corp. announced results from an 18-hole, 3,499.40-meter reconnaissance drill program at its Burfjord copper-gold project in Norway. The drilling confirmed the prospectivity of the IOCG system, intersecting high-grade copper within broadly mineralized alteration zones, including 3.7 meters at 2.83% Cu within a 36-meter interval of 0.48% Cu in hole BUR-22-017. The company has identified and prioritized three target areas (Gamlegruve, F-gruve, and Cedarsgruve) for follow-up drilling in 2023 to define economic mineral deposits.
EMX Royalty Corporation has entered into an exploration and option agreement with Minco Silver for two polymetallic projects in Norway: Sagvoll and Sulitjelma. The deal provides EMX with immediate cash, future equity in Minco, and a 2.5% NSR royalty upon exercise of options.
Minco Silver Corporation has entered into an option agreement to acquire a 100% interest in the Sagvoll and Sulitjelma polymetallic VMS projects in Norway. The agreement includes specific exploration expenditure commitments and a 2.5% NSR royalty to VIAD Royalties AB.
Playfair Mining has commenced a review of its 100% owned RKV nickel-copper project in Norway, focusing on the Vakkerlien, Kaltberget, and Olkar occurrences. The review is prompted by high nickel prices and aims to leverage historical data to guide modern exploration techniques.
Playfair's reports on its partially completed 2021 drill program at the RKV Copper Project in Norway, highlighting significant MMI copper anomalies. While some drilling was postponed due to weather, a polymetallic block assaying 1.265% Cu and 3.24% Zn supports the presence of a bedrock source. The company plans to expand drilling in 2022.
Playfair's has completed a 385.1 metre drill program at the Storboren target of its RKV Copper Project in Norway. Drillhole STB-21-07 visually encountered sulphide zones within an ultramafic intrusive, and samples have been submitted to ALS for analysis.
Playfair's has completed four short drill holes at the Rødalen target of its RKV Copper Project in Norway, intersecting a new amphibolite unit containing sulphides. The drill rig is now being moved to the second target, Storboren, as the company awaits analytical results from the initial holes.
