Pituffik Ilmenite – Titanium in Greenland

Pituffik Titanium Project Pituffik is an advanced stage titanium project. It has been the subject of multi decade technical studies and can be demonstrated to sit comfortably within the top percentile of projects globally with respect heavy mineral grade. The 2016 work programmes were designed specifically to determine the volume characteristic, the potential for Pituffik […]

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Outokumpu Copper Belt Finland – one of the world’s most prolific geological belts

Outokumpu Copper Project The Outokumpu project is located in eastern Finland. The licence holdings cover the majority of the north-south trending Outokumpu Copper Belt. These large-scale geological formations have produced several of the great high-grade copper mines of the world. Outokumpu the jewel of the Finnish assets has 6 targets that are drill ready that […]

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Disko Magmatic Cu, Ni & PGE project in West Greenland

Disko Magmatic Cu, Ni & PGE project in West Greenland Read More : DISKO NI-CU-PGM MAGMATIC MASSIVE SULPHIDE The magmatic Cu, Ni & PGE project at Disko & Nuussuaq in West Greenland has been the subject of more than three decades of exploration with Cominco in the 1980s, Falconbridge in the 1990s and Vismand Exploration […]

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FinnAust Titanium Mining Company

FinnAust Mining is an UK based titanium exploration firm with a portfolio of highly prospective licences at various stages of development in mining locations in Greenland, Finland.

In Greenland, the Company is exploring the Pituffik Ilmenite Project, which includes a very large and unusually pure titanium occurrence. Work to date indicates potential for Pituffik to be in the top percentile of mining projects worldwide in terms of heavy mineral grade, and this has been independently verified.

FinnAust’s strategy is focused on the production of a bulk sample “proof of concept” from the Pituffik Project with the aim of ultimately generating cash flow to create a company capable of self-funding exploration on future acquisitions.

The Company recently announced the acquisition of Avannaa Exploration, a Greenlandic exploration company that owns two polymetallic drill ready targets. The Disko Magmatic Massive Sulphide (‘MMS’) nickel-copper-platinum project and Kangerluarsuk, a lead-zinc-silver project in Greenland, appear to have high-tonnage and high-grade base metal potential. These are rare geological characteristics not often seen in the minerals space.  These multi-metal projects have been of interest for some time with major mining houses such as Falconbridge, Vismand & Capricorn Energy (a subsidiary of Cairn Energy PLC) having spent more than US$75 million on these projects over multiple campaigns spanning more than three decades.

The company is now ideally placed with a portfolio of 100% owned or options to acquire 100% on three globally significant exploration assets in addition to the production potential Pituffik.

The Company will review various opportunities that come to its attention to continue to deliver on its stated objective of acquiring high quality assets to expand and complement the its existing portfolio.

ACCOMPLISHED BOARD & MANAGEMENT TEAM

A management team with a track record of exploring, discovering, financing, constructing and safely operating mines across the world.
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Research Reports Research Notes & Adviser Coverage

Road to Value — FinnAust Mining in Greenland is…

Advancing toward mining titanium rich, ilmenite mineral sands at Pituffik.
*Valuation: We value the project at an IRR of 43% and a $144m NPV on an 8% discount rate….

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Aim and FSE listed exploration company focused on the…

Pituffik has been proven to host a very large and unusually pure titanium occurrence that displays characteristics which have been independently verified as having the potential to be a…

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INVESTMENT ALERT – from independent information and advisory publication…

Management of FinnAust believes that the results from the diverse range of initiatives undertaken will gener-ate a large array of data that will tie in with other work programmes…

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Metocean study to help Royal IHC advance preparation for…

All of our activities, be it our continuing resource definition programme, our recently completed Environmental Impact Assessment or our metallurgical testwork, are focused on executing on the exciting potential…

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Progress report on Pituffik mineral sands exploration

The exploration work at Pituffik appears to have generated some very positive results with a high level of success in both the onshore and offshore drilling and high levels…

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SP Angel – FinnAust Mining 5.1p, mkt Cap £25.3m…

*So far reports suggest the project is shaping up well and is heading towards trial mining of a relatively pure and potentially premium ilmenite product.
* Illuka’s recent offer…

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