We shall explore and prospect for metals and minerals that can create value for business and society

Exploration plans for Skiftesmyr

The main objective in Skiftesmyr is to expand the resource, both by expanding the already known mineralization but also to drill new targets. A new structural model has been constructed which have given us new options to locate a continuation of the mineralization. The first stage of drilling are estimated to be composed of 10 holes totalling 2455 m divided over three phases. In the first phase of drilling, two short holes and three long holes will be drilled totalling 1475 m. The two short holes are to confirm the new geological model and to re-confirm historical grades. The three deeper holes are to expand the known resource at depth in the western part with some 725 Kton.

The second phase of drilling incorporates three holes totalling 760 m. These holes will test a depth continuation in the eastern part as well as the lateral continuation towards east.

The third phase of drilling are composed of two holes totalling 250 m. The holes will be drilled on a new EM target 500 m NNW of the main mineralization. The NNW lying EM target has been successfully structurally connected to the main mineralization and might be the continuation of the mineralization after it has crossed a regional tight F3 fold.

The results from the three phases will determine where to drill to further expand the resource in Skiftesmyr.

Exploration plans for Godejord

The first step in Godejord is to create a new structural model over the mineralization as has been done for Skiftesmyr. The historical models have not taken into consideration the structural complexity of the area.

After the new model is created, diamond drilling will commence. Drilling will be performed along strike and towards depth based on the new information a structural model will give. Two new EM targets have been identified from the airborne geophysical survey that was conducted in 2011. The EM anomalies has previously not been drilled which make them very interesting targets.

The total meters needed for these investigations are estimated to 2000 m.