Avira Resources launches phase 2 drilling at Puolalaki Project
Avira Resources Limited (ASX: AVW), a key player in the mining sector, has initiated the Phase 2 diamond drilling campaign at its Puolalaki Ni-Cu-Co-Au Project, located in the mineral-rich northern region of Sweden. This development signifies a major advancement in the company’s exploration activities, marking the continuation of their successful exploration efforts.
The drilling campaign comprises six diamond drill holes, totaling 805 meters, and follows the impressive discovery of massive sulphide mineralization. The earlier intercept of 36 meters at 0.63% Nickel (Ni), 0.57% Copper (Cu), and 952 parts per million Cobalt (Co) from 16.7 meters in drill hole PUO23002 has set a promising precedent for this phase of drilling. The operation is expected to take approximately 2-3 weeks to complete, with the first assays anticipated by late January, subject to core processing and lab turnaround times.
The Puolalaki Project comprises a single exploration permit (Puolalaki nr100) centered over a syn-orogenic gabbro intrusion hosting the nickel mineralization. This mineralization, initially discovered by NAN in 1998, is not the only resource present in the area. The project also contains high-grade gold mineralization across two zones within the surrounding metasediments and metavolcanics.
The strategic location of the project in Sweden’s premier Gällivare mining district, home to Europe’s largest open-cut copper mine Aitik and LKAB’s Malmberget iron-ore mine, adds significant value to Avira’s exploration efforts.
The Phase 2 diamond drilling aims to further investigate the massive nickel sulphide mineralization. Four of the six drill holes are dedicated to infilling this mineralization, while a 300-meter drill hole will target a 40,000 SI off-hole conductor intercepted in drill hole PUO23005. Additionally, the final drill hole will explore a SkyTEM anomaly located north of the historic Purnu open pit mine.
This drilling campaign is a testament to Avira Resources Limited’s commitment to expanding and enhancing its mining and exploration capabilities. The company’s strategic approach to exploring and developing its mineral assets holds promise for uncovering significant resource potential in the region, contributing to the mining industry’s growth and innovation.
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