Hammaslahti Copper-Zinc Mine in Finland – The best intersection to date, drilled in 2012, hit 3.4m @ 11.5% Cu and 3 ppm Au. The Hammaslahti Area lies immediately to the southeast of Outokumpu, approximately 30 km southeast from Joensuu town, eastern Finland.

Hammaslahti Copper-Zinc Mine in Finland

HAMMASLAHTI COPPER-ZINC The area is considered prospective for volcanogenic massive sulphide (‘VMS’) mineralisation. The historic Hammaslahti mine, another significant historical producer of copper & zinc operated by Outokumpu Oy which started as an open pit that expanded underground (operational between 1973 and 1986) is within the company’s licence holdings. Total ROM production was ±10Mt at an average grade of 1.16% of copper & 1.55% of zinc 0.59 g/t of gold and 5.2 g/t of silver.

Drilling by the company has identified previously unknown extensions to the Hammaslahti mine mineralisation with multiple intersections of high grade massive sulphides.

Examples of this extensional mineralisation are 3.4m @ 11.5% Cu and 3 ppm Au. Two main target areas have been identified through the 2012 ZTEM survey:

Area A:

Recent drilling by FinnAust intersected a Felsic/Graphite Schist contact, 118m deep and 2 km east of the Hammaslahti mine. These geophysical anomalies are interpreted to be a repetition of the mine’s alteration and mineralisation system along strike. This project is a high priority target area.

Area B:

Potential extensions to the Hammaslahti ore body – believed to be down plunge and below mine. Best intersection to date by FinnAust: 3.4m @ 11.5% Cu, 54.4ppm Ag, 3ppm Au.

In addition, the Company has identified a target roughly 5 km west of the Hammaslahti mine (the Suhmura Complex), which displays many characteristics similar to the old mine.

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Finland

Focussing on the prolific Copper-Nickel belt famous for its high-grade deposits, we have identified four sub-targets for immediate drill testing.

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Outokumpu Copper Project

Outokumpu is located in eastern Finland on the north-south trending Outokumpu-Savonranta Belt (also known as the North Karelian Schist Belt), which is approximately 210 km long.

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Hammaslahti Copper-Zinc

The Hammaslahti Area lies immediately to the southeast of Outokumpu, approximately 30 km southeast from Joensuu town, eastern Finland.

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Enonkoski Nickel-Copper PGE Project

The Enonkoski mine is located in south-eastern Finland, to the southwest of Outokumpu, which can also be described as the southern end of the Kotalahti Nickel Belt.

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