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Grit Metals Reports Widespread Gold and Copper on Its Central Lapland Greenstone Belt Gold Project in Northern Finland
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - Grit Metals (TSXV: FIN) (FSE:...
About this update from Grit Metals Corp.
[{"type":"text","content":"Grit Metals Reports Widespread Gold and Copper on Its Central Lapland Greenstone Belt Gold Project in Northern FinlandVancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - Grit Metals (TSXV: FIN) (FSE: K9T) (\"Grit\" or the \"Company\") is pleased to report the results from its inaugural reconnaissance gold exploration campaign in the Central Lapland Greenstone Belt (CLGB) of Northern Finland.Key Takeaways:Widespread anomalous gold and copper mineralization over a distance of greater than 25 km along numerous throughgoing faults, domain boundaries and unconformities, considered favourable sites for gold mineralizationA total of 466 rock chip grab samples were collected and submitted to ALS Laboratories for assaying40 rock samples assayed between 0.1 to 2.84 grams per tonne (g/t) gold and 0.1% to 1.67% copperNo documented history of previous gold exploration or gold occurrencesPreliminary results indicate proof of concept, i.e. that there is potential gold endowmentFigure 1. Central Lapland Greenstone Belt Gold Project LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9006/233044_2d0c5904d4751b34_001full.jpgThe company conducted a 2-month campaign of reconnaissance prospecting and geological mapping during summer and fall 2024. The main target area was a 30 km long corridor of faults and favourable geological features which may extend from the more prolific central portion of the CLGB which has seen extensive gold exploration and where significant gold deposits and prospects occur (eg., the 4.1 million ounce Ikkari gold deposit owned by Rupert Resources; and the Aamurusko/Notches/Launi gold projects owned by Aurion Resources). The company's strategy was to prospect areas interpreted as faults and/or favourable geological contacts or features seen as having potential to host gold mineralization. It is important to note that this area had no previously known gold occurrences or history of gold exploration prior to Grit's work here.The company collected 466 rock samples over the approximately 41,000-hectare property, with a main focus on an approximate 25-30 km corridor interpreted to have the best potential. Of the 466 samples, 40 assayed greater than 0.10 g/t Au including 11 that assayed greater than 0.5 g/t Au and 5 that assayed greater than 1.00 g/t Au up to a m...