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Gemdale Gold Expands Land Position in Finland and Recommences Exploration in the Central Lapland Greenstone Belt
VANCOUVER, BC / ACCESS Newswire / June 15, 2026 /Gemdale Gold Inc. (TSXV:GEMG)(OTCQB:GDGIF) ("Gemdale" or the "Company") is pleased to announce that the Finnish Safety and Chemicals Agency (TUKES) has granted the Company two new Mineral Reservations ...
About this update from Gemdale Gold, Inc
VANCOUVER, BC / ACCESS Newswire / June 15, 2026 / Gemdale Gold Inc. (TSXV:GEMG)(OTCQB:GDGIF) ("Gemdale" or the "Company") is pleased to announce that the Finnish Safety and Chemicals Agency (TUKES) has granted the Company two new Mineral Reservations in Lapland and around the Company's flagship Pontio project in western Finland. These new acquisitions reinforce Gemdale's land position in Finland and expand the exploration pipelines surrounding its core regional assets. In addition, Gemdale has recommenced exploration on its projects in the Central Lapland Greenstone Belt "CLGB" in northern Finland, an area which has received much attention lately, due to Agnico Eagle's announced plans to dramatically expand its presence in the CLGB, by acquiring Rupert Resources, Aurion Resources and B2 Gold's holding in its Joint Venture with Aurion, in one of the largest gold industry takeovers this year, valued at up to C$4.5 billion. Highlights Toby Strauss, President and CEO comments "We are delighted to have been granted the new Reservations both in Lapland and around our flagship Pontio Gold Project in central Finland. The Ranta properties are in a highly prospective area of the Central Lapland Greenstone Belt, in an area where the Geological Survey of Finland has done extensive exploration work and has already delineated a number of promising gold targets. This provides Gemdale with a larger footprint, in an area with known gold mineralisation in a district that hosts a number of significant gold deposits including Agnico Eagle's Kittila Gold Mine and Rupert Resources' Ikkari deposit. The Pontio2 Reservation significantly increases the tenement size around the Pontio permit, securing regional exploration territory that displays a number of similar geological characteristics as seen at the M2 trend at Pontio." Lapland Ranta Properties The Company has a large portfolio of properties prospective for both gold and critical metals in the Central Lapland, Greenstone Belt Finland. The Ranta properties are located about 10 - 20 km SE of Agnico Eagle's Kittila Mine, the largest gold mine in Europe, and 20km NW of Rupert Resources' significant Ikkari gold project, which is itself now part of Agnico's district consolidation move (see Figure 1). The Gemdale Ranta properties partially cover an area (Pe...