Finland gold update soon also..11 Jun 2018 11:50
The company has until June 20 to complete the test sample, following which it would seek permission to conduct a 5 000 t bulk sample of the high-grade Kuikka deposit, Lionsgold reported.
Kalevala was also granted a new prospecting licence, which increased the combined area held under licence fivefold to 1 500 km2, including more than 90% of the Suomussalmi greenstone belt and significant coverage of the Kuhmo greenstone belt.
Liongold also reported that it had increased its interest in the JV to 30%, following a recent injection of €60 000 in working capital to Kalevala.