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Conquest Resources Signs LOI to Acquire the Valimaki Gold Project in Finland
Toronto, Ontario--(Newsfile Corp. - December 3, 2025) - Conquest Resources Limited (TSXV: C...
About this update from Conquest Resources Limited
[{"type":"text","content":"Conquest Resources Signs LOI to Acquire the Valimaki Gold Project in FinlandToronto, Ontario--(Newsfile Corp. - December 3, 2025) - Conquest Resources Limited (TSXV: CQR) (\"Conquest\" or the \"Company\") is pleased to provide announce that it has entered into a Letter of Intent (\"LOI\") to acquire 100% of the outstanding shares of Carrigel Ltd. on November 27, 2025, a private company incorporated in Ireland, which owns a 100% interest in the Valimaki Gold Project in Finland.The Valimaki Gold Project is comprised of a 23,197 hectare Exploration Reservation located in southern Finland which contains a 15 kilometer trend that has an extensive train of gold-rich boulders. Within the boulder train, historic sampling has produced >150 boulders with assays greater than 1 g/t Au, with assays as high as 60 g/t Au.Figure 1 — Valimaki Project area showing extensive gold-rich boulder train shedding off a structural zone over a 15 kilometer section of strike lengthTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7183/276710_8f3d5426c4a94b0d_001full.jpgTom Obradovich, CEO of Conquest, comments, \"We are excited to begin exploration on the Valimaki Gold Project which has had limited modern exploration geophysics or detailed mapping. We have engaged an experienced team of geologists and geophysical contractors to begin establishing drill targets in early spring of 2026. Drill testing is planned for late summer and fall when the required permitting is in place.\"Figure 2 — Magnetics with auriferous boulders plotted on top. The gold occurrences are located along magnetic highs. Also, magnetics defines regional folds that trend parallel to stratigraphy in the northeast direction. The Kynsikangas and Kankaanpaa Shear Zones are clearly visible as major magnetic breaks.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7183/276710_8f3d5426c4a94b0d_002full.jpgABOUT THE VALIMAKI GOLD PROJECTThe Valimaki Gold Project is located to the east of Pori, a regional industrial city, in southwestern Finland. The Project area has excellent infrastructure and can be accessed year-round.The Project is located within the Svencofennian geologic domain within supracrustal rocks that are located between two major structural features; to the sou...