Avira Resources to commence Phase 2 drilling at Puolalaki Project in Sweden

TAGS

Avira Resources Limited (ASX: AVW), a significant player in the mining industry, is set to launch its Phase 2 diamond drilling campaign at the Puolalaki Ni-Cu-Co-Au Project, situated in northern Sweden. The company has planned a total of 6 diamond drillholes, covering a distance of 805 meters, slated to begin in early December.

Upcoming Drilling Campaign Details

The drilling crew is ready to mobilize, pending the final statutory drilling approvals, which are expected shortly. This phase of drilling aims to build upon the impressive sulphide intercepts discovered in the previous campaign. Specifically, the drillholes will follow up on the massive sulphide intercept of 36m @ 0.63% Ni, 0.57% Cu, and 952ppm Co from 16.7m in drillhole PUO23002.

See also  Endava acquires software and hardware solutions provider DEK

Exploration Goals and Expectations

The drilling program, anticipated to take about two weeks to complete, seeks to ascertain the orientation and extent of the mineralized zone. Initial assay results are expected in January, depending on laboratory turnaround times. David Deloub, the Managing Director of Avira, expressed enthusiasm about the project, highlighting the potential of the strong off-hole anomaly identified in drillhole PUO23005 and the intercepts found earlier this year.

Major Mining Advancement: Avira Resources Initiates Diamond Drilling in Northern Sweden at Puolalaki Project

Major Mining Advancement: Avira Resources Initiates Diamond Drilling in Northern Sweden at Puolalaki Project

Puolalaki Project’s Significance

The Puolalaki Project, comprising a single exploration permit, is centered around a syn-orogenic gabbro intrusion that hosts nickel mineralization discovered by NAN in 1998. The project area, located in the esteemed Gällivare mining district, is not only rich in Ni-Cu-Co mineralization but also boasts high-grade gold mineralization across two zones within the surrounding metasediments and metavolcanics.

See also  Önusberget wind farm : GE Renewable Energy bags contract for 137 turbines

Sweden’s Mining Landscape

Sweden’s Gällivare district, home to the Puolalaki Project, is renowned for hosting Europe’s largest open-cut copper mine, Aitik, owned by Boliden, and LKAB’s Malmberget iron-ore mine. This region is pivotal to Europe’s mining industry, and Avira’s exploration efforts contribute significantly to the district’s reputation as a mining hotspot.

See also  Klarna pockets $650m funding for e-commerce payment solutions

Avira Resources Limited’s upcoming drilling campaign in the Puolalaki Project marks a notable development in Sweden’s mining sector, promising new insights and potential discoveries in nickel, copper, cobalt, and gold mineralization.

CATEGORIES
TAGS
Share This