This anomaly will now be the subject of shallow exploratory drilling to investigate the geology below recent thin glacial moraine cover. The Vittantrasket tenement is covered by one of the most substantial soil geochemical gold anomalies in
A significant magnetic high anomaly is located immediately northwest and west of an anomalous gold-in moraine sample, taken during the widely spaced regional surveys of the Geological Survey Of Sweden. Moraine is un-sorted boulder debris, left behind by the glaciation of northern
The average projected depth to bedrock is approximately 15 meters. The Company has been actively investigating the other exploration prospects at Pingisvaara (gold); Junsele (battery metals) and Liljedal (rare earth elements). The Company was not able to validate the drill results at Junsele reported by the Geological Survey Of Sweden in the 1980s. As such, management have determined that the greatest potential to create value in
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that may be deemed 'forward-looking statements.' Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made.
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