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Sienna Resources Acquires Kuusamo PGE-Ni-Cu-Co Project in Finland

Mining News - Published on Tue, 26 May 2020

Image Source: Sienna Resources Kuusamo PGE-Ni-Cu-Co Project
Sienna Resources Inc announced that it has acquired the Kuusamo battery metals project which is comprised of two exploration reservation properties located adjacent to and near EMX Royalty Corporation’s Kaukua platinum group elements royalty property in Finland, which is being advanced by Palladium One Mining Inc.. The highly prospective Kuusamo project hosts similar styles of mineralization located within the same mafic intrusive complex and along trend of the mineralization at Kaukua. Both the Kuusamo and Kaukua properties show Ni-Cu-Co-PGE enriched sulfide horizons near the base of a mafic intrusive complex. Geologic maps of the area depicting this horizon show that it extends for nearly 30 kilometers along strike within the EMX reservation areas.

Sienna and EMX have been working together to advance the Slättberg Ni-Cu-Co-PGE project in southern Sweden, a relationship that will now extend to Finland.

Ni-Cu-Co-PGE-enriched magmatic sulfide mineralization occurs near the base of the KLIC and has been mapped and drilled throughout the area. The Kuusamo Project covers substantial parts of the base of the KLIC and records show that at least five target areas have been drilled historically within the Kuusamo Project over the past 50 years, with most activity taking place in 1973, followed by drilling in 1997 and again from 2000-2005. However, almost all of the historic drilling was shallow, with most holes having reached depths of only 50-75 meters. Multiple phases of airborne and ground geophysical surveys have also been run across portions of the Project, with the data having been compiled by and acquired from the Geological Survey of Finland

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Posted By : Yogender Pancholi on Tue, 26 May 2020
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