Luova Project
Located within the thickest, core part of the CLGB, less than 10 km from known gold deposits (Kittilä mine) and prospects (e.g. Hanhimaa and Hakokodanmaa)
Historical data:
Base of Till (BoT) sampling campaigns by Outokumpu (up to 0.49% Cu) & Agnico Eagle (up to 0.38 g/t Au). Anomalous zones remain undrilled
Ingredients for orogenic gold deposit:
1. Thick successions of Fe-tholeiites (Source Rocks for Au), 2. Extensive shear zones (Conduit),
3. Graphitic tuffs and Banded Iron Formations (Traps),
4. Proven endowment of the nearby areas
Luova Geological Map
Project is hosted within thick metavolcanic, metasedimentary units & granitic intrusions
Major faults, shear and thrust zones cross the project areas, providing excellent structural environment for orogenic Au deposits
Multiple orogenic gold occurrences along the crustal scale structures