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FINNISH PROJECTS – RECENTLY ACQUIRED

Resource Mining Corporation Limited has recently acquired one nickel and two lithium projects in Finland.  These projects are:

  • Roussakero Nickel Project
    Discovered and drilled by GTK in 80s reporting 14m @ 1.03% Ni, 240ppm Co, 30m @ 0.64% Ni, 433ppm Co and 16m @ 0.92% Ni, 244ppm Co with 70% of the mafic-ultramafic mineralisation undrilled
  • Hirvikallio Lithium Project
    Initial exploration works completed by GTK across the project’s area identified approximately 25km2 with pegmatite dykes returning promising results including 5m @ 2.30% Li2O and 2m @ 1.33% Li2O
  • Kola Lithium Project
    Located in the most significant lithium- mining region of Finland, and directly south of Keliber’s flagship Syväjärvi and Rapasaari deposits

Finland as an attractive mining jurisdiction

The widely followed Fraser Mining Institute currently ranks Finland as the 9th most attractive jurisdiction for mining investment, and among the top ten over the last nine surveys.

The country boasts a good geological database and ore potential, political stability, high educational level, and high-quality infrastructure. Mining is a key part of the Finnish economy, and the nation is Europe’s leading producer of Nickel.