In a significant development for the mining sector, FireFox Gold Corp has identified promising new drilling targets at its Mustajärvi gold project in Lapland, Finland. This announcement is part of the company’s continuous exploration efforts, generating excitement among investors and stakeholders. Recent discoveries of gold anomalies have surfaced, particularly in previously undrilled areas, suggesting potential for substantial mineralization.
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Emerging drilling targets and significant findings
The latest exploration update indicates the identification of several new drill targets located away from previously reported high-grade results in the Northeast and East Zones of the Mustajärvi project.
These new targets emerged from recent base-of-till (BoT) sampling and geophysical surveys. Notably, one exceptional BoT sample yielded a remarkable grade of over 100 g/t gold from an area that has not yet been drilled, situated approximately two kilometers southwest of prior drilling activities. This discovery underscores the potential scale of mineralization in the region.
Exploration reservation and its significance
The Finnish mining authority, Tukes, has granted FireFox an exploration reservation covering an area of 4.32 km2. This reservation, named Vuoma, is located adjacent to the main Mustajärvi exploration permits. It allows FireFox exclusive rights to apply for an exploration permit in this newly identified area. The reservation is valid for two years, during which FireFox must prepare the necessary application for exploration. This development further expands the company’s footprint in a mineral-rich region.
Insights from the BoT sampling campaign
FireFox initiated its BoT sampling campaign in late autumn. This initiative has served as an effective method for investigating glacial sediments covering much of the Lapland Greenstone Belt. By the end of the campaign, the team collected 437 samples, with 251 assays reported. Preliminary results indicate a concentration of elevated gold values, particularly at the intersection of the Venejoki shear zone and the Mustajärvi shear zone. Notably, one sample showed an assay exceeding 100 g/t gold, alongside significant amounts of bismuth and tellurium. These elements are commonly linked to mineralization in the region.
How the sampling process works
The BoT sampling technique focuses on extracting samples from sediments that have been transported by glaciers. The ideal sampling location is at the interface between bedrock and till. Sample quality can vary; some may originate from local sources, while others might have traveled from greater distances. High gold values, particularly when accompanied by unusual pathfinder elements, are identified as strong candidates for future drilling activities.
Advancements in geophysical methods
FireFox has implemented innovative fixed-loop electromagnetic (FLEM) surveys to identify gold concentrations in conductive horizons. This initiative has expanded the knowledge of mineralization at the Mustajärvi East Zone. New FLEM surveys are being conducted approximately 900 to 2,000 meters east of this zone, resulting in the discovery of two significant geophysical anomalies that require drill testing. These anomalies align with structures that have previously shown potential for mineralization.
Furthermore, FireFox has partnered with Magnus Minerals to improve survey efficiency by integrating ground magnetics with very low frequency electromagnetic measurements. This combined approach has effectively delineated a structure believed to contain gold mineralization, particularly at the Triangle Target, where previous sampling has indicated gold presence.
Quality assurance in sampling and analysis
FireFox implements stringent sampling procedures to adhere to industry best practices. Samples are forwarded to ALS Laboratories in Outokumpu, where they undergo thorough preparation and analysis, ensuring precise results. The laboratory’s accreditation to ISO/IEC 17025:2017 enhances confidence in the analytical data’s integrity.
As FireFox advances its drilling and exploration activities, the Mustajärvi project holds considerable promise for significant discoveries. The identification of new drilling targets and the results from ongoing exploration efforts could lead to Finland’s next major gold deposit, highlighting the country’s untapped potential in the mining sector.
