Flagship Ruoppa Gold Project
Ruoppa has seen promising exploration results. A very successful TOP (top-of-bedrock) drilling campaign in 2024 has identified four high-potential targets
Trench rock samples from carbonate quartz veins in the Ruoppa area are among the highest found in the Central Lapland Greenstone Belt including:
95.1 g/t Au trench rock sample
2024 Field Program Summary
Top-Of-Bedrock (TOB) drilling campaign of 1002 samples in June-July. Infill sampling completed and new priority targets identified
20 TOB samples assayed 0.1 – 4.2 g/t Au. With broad pathfinder element anomalies of Te, Bi, Ag and As
10 Trenches - 636 meters excavated over the most significant geochemical and geophysical anomalies
Over 50 rock grab samples from trenches returned >1 g/t Au with the highest at 95.1 g/t Au within zone stretching over 250 meters
Exploration Potential
3 km long anomalous zone of Au multiple high-grade gold targets identified
70% of Ruoppa remains unexplored
Ruoppa’sgeological setting is similar to that of the Granny Smith mine in Western Australia, where the mined ore + remaining resource is about 11 Moz gold