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General European Strategic Investments Inc. Update on SEEMS DEEP Exploration Project
General European Strategic Investments Inc. Update on SEEMS DEEP Exploration Project.
About this update from General European Strategic Invts Inc.
[{"type":"text","content":"Las Vegas, Nevada--(Newsfile Corp. - August 29, 2022) - GENERAL EUROPEAN STRATEGIC INVESTMENTS INC. (OTC Pink: GESI) (the \"Company or GESI\") informs about the progress of the Seismic and Electromagnetic Methods for Deep Mineral Exploration Project (\"SEEMS DEEP\") in Central-East Finland. GESI participates in the SEEMS DEEP Project through its wholly owned Finnish subsidiary Laakso Minerals Oy (\"Laakso\").SEEMS DEEP is a 3-year Project (1.5.2022-30.4.2025) funded by ERA-MIN3 Program of the European Union (EU), entitled Raw materials for the sustainable development and the circular economy, Topic 1: Supply of raw materials from exploration to mining. The goal of the SEEMS DEEP Project is development of a novel workflow integrating seismic and electromagnetic methods to address challenges of deep ore exploration. The Project budget is funded by the European Union (EU) with 2.2 Million Euro.The program is targeting the buried part of the Koillismaa Layered Igneous Complex in Central Finland, which has been identified by a strong gravity and seismic anomaly within GESI-Laakso's 209 square-km large Korpuajärvi permit area. It has the potential to host orthomagmatic Nickel-Copper-Cobalt-Platinum Group Elements (Palladium, Platinum, Gold) and Chrome-Vanadium-Titanium-Iron mineralization.The First Conference of of the SEEMS DEEP Consortium has taken place on August 16-18, 2022 in Scandic City, Oulu, Finland and was hosted by GESI-Laakso. A total of 20 participants represented to the Consortium, including major geological and geophysical institutes and universities like the Geological Survey of Finland (GTK), Uppsala University (Sweden), BRGM (France), Institute of Geophysics (Polish Academy of Sciences), Geopartner Geofizyka (Poland), GRM-Services (Finland), IRIS Instruments (France), as well as Geopool (Finland), which cooperates with GESI-Laakso as operator in all of GESI-Laakso's Finnish projects.A significant amount of work has been performed by the Participants since the beginning of the Project (May 1, 2022) and has been reported by them at the Conference. All the pre-existing geological and geophysical data, including the petrophysical analysis of the drill-core from the Koillismaa deep hole, which is being fully financed and drilled by GTK on behalf of the Finnish Government within the Laakso's Korpuajärvi 209 squar...