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 the company views have good potential for hosting high grade copper metal along strike from and immediately adjacent to the world famous Outokumpu Copper mine 1908-1988 (57mt @ 3.1% Cu + polymetallic Credits).
The licence holdings, among the largest in Finland (at ±28,000 hectares) are currently the subject of multiple project level review that is focussed at the individual licence level. Shareholders should expect to hear more on these projects as the commodity complex continues to improve for each licence area.
These projects carry significant value and the company will continue to look at opportunities to maximise
Focussing on the prolific Copper-Nickel belt famous for its high-grade deposits, we have identified four sub-targets for immediate drill testing.
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.