Kingrose Mining’s Managing Director, Fabian Baker, announced that exploration activities under the company’s alliance agreements with BHP in Norway and Finland are in full swing. These initiatives, combining the expertise of Kingrose and BHP, aim to identify numerous new target areas on a regional scale.
Field teams have mobilized to begin mapping and geochemical sampling in high-priority copper and nickel camps identified during the Xplor programme in Finnmark, Norway, and Central Finland. In Finnmark, Northern Norway, Kingsrose has been granted 2,736 km² of exploration licenses and has identified numerous copper, nickel, and PGE (platinum group elements) targets. Systematic work programmes are being designed to further explore these high-priority areas over the coming months. The focus is on high-grade, mafic-ultramafic-hosted massive copper/nickel/PGE deposits within palaeoproterozoic greenstone belts. These belts are a continuation of the Central Lapland Greenstone Belt, which hosts several significant projects, including Anglo American’s Sakatti copper/nickel/PGE project, Boliden’s Kevitsa nickel/copper/PGE mine, Agnico Eagle’s Kittilä gold mine, and Rupert Resources’ recent Ikkari gold discovery.
In central Finland, the regional target generation programme conducted under the BHP Xplor initiative led Kingrose to stake 993.1 km² of exploration reservations in the Kotalahti nickel/copper belt. This belt is a past-producing nickel district with a historical production of at least 36.2 million tonnes at 0.60% nickel, 0.25% copper, and 0.03% cobalt. Fourteen high-priority camps have been selected using a mineral systems framework.
Fabian Baker expressed enthusiasm about the project, stating, “It is an incredibly exciting and unique opportunity to be applying cutting-edge exploration programmes over such large mineral belts. The discovery potential is very compelling.”
