Highlights
- Four diamond drill-rigs have been mobilised to site over the past weeks and have begun a 10 000 m drilling programme at Rajapalot.
- Approximately 8000 m will focus on infill drilling at the Raja and Palokas deposits, aimed at increasing confidence in the existing Inferred Resources and supporting progression from exploration licenses to mining licenses under Finnish regulations.
- A ‘target-test’ drill programme of approximately 2000 m is planned to drill-test several compelling high-priority exploration targets in the immediate vicinity to the current Rajapalot resource areas in order to support potential resource growth.
Russell Bradford, CEO of Goldsky Resources, comments: “We are very excited to demonstrate our continued commitment to the Rajapalot Project under the new management of Goldsky by way of assigning a significant 10 000 m drilling programme that will support important long-term objectives for the project. Our commitment to upgrading some important areas of the currently defined mineral resource is a major step-forward for the project, which will enable us to forge ahead with our permitting advancement at Rajapalot.
"Similarly, further ‘target-test’ exploration drilling at the project, if successful, will only serve to strengthen the underlying fundamental of the project by way of increasing the gold-cobalt resource-base at Rajapalot. This is our first major exploration program under the new banner of Goldsky Resources Corporation, and an exciting first step in our new Nordic-focused gold development and exploration company.”