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    Kuniko assays highlight potential of Norwegian battery metal portfolio

    Battery metals specialist Kuniko Limited (ASX: KNI) has reported positive assay results from historic mine dumps and workings at its projects, along with initial field results from its newly-acquired Nord-Helgeland project in Norway.

    The company had carried out reconnaissance sampling of historic mine dumps and workings across the Feøy, Karmøy, Romsås, and Skuterud license blocks in May 2021, with assay results providing confirmation of the potential of these battery metal projects.

    Kuniko reports that grades of up to 14.35% copper, 0.12% cobalt, 0.61% zinc, and 1.74%% nickel were obtained from waste pit samples from Ni-Cu-PGE projects Feøy and Karmøy, demonstrating massive and disseminated sulphide ore mineralisation. Feøy samples also returned significant PGE assays, including up to 2.64ppm platinum and 4.84ppm palladium.

    These assay results are strongly encouraging, reinforcing our knowledge of the available datasets”

    At Romsås, assays for copper, manganese, and nickel also corroborated data from historical mining, with selected samples returning assays of up to 0.3% copper and 1.01% nickel.

    The company notes that this bodes well for integration of the data into newly-acquired geophysics and soil sampling data.

    At the Nord-Helgeland Project, initial investigations by Geological Survey of Norway geologists in 2004 provided a first regional description of pegmatite fractionation, and therefore fertility, trends. An initial field reconnaissance was conducted by Kuniko in early October 2021 based on the recommendations given in the 2004 report.

    Map displaying licenses within the newly-acquired Nord-Helgeland Project, along with partner licenses.
    Map displaying licenses within the newly-acquired Nord-Helgeland Project, along with partner licenses. Image: Kuniko Limited

    Kuniko says that its reconnaissance sampling around the pegmatite field at the Nord-Helgeland Project has also indicated scope for additional exploration to be undertaken.

    Speaking on the results, Kuniko Limited CEO Antony Beckmand said: “These assay results are strongly encouraging, reinforcing our knowledge of the available datasets, and telegraphing the valuable potential of our portfolio of battery metals projects in Norway. Further, there is clear potential for further exploration of the pegmatites in our newly acquired Nord-Helgeland Project which may provide an opportunity to expand our interests into valuable technology metals. We look forward to soon being able to advise the assay results of our extensive geochemical sampling work at the Skuterud and Vangrøfta Projects, which combined with the recent geophysics and these latest reconnaissance sample assay results, will drive the next stages of exploration for these exciting brown field projects.”

    The company reports that it is currently consolidating new and historic geochemical and geophysics to define drilling targets for 2022.

    Future plans for exploration on the properties include additional soil sampling, channel rock chip composite sampling, and diamond drilling.

    A project review and exploration targeting study is expected to be completed in Q4 2021 and Q1 2022 respectively, in order to define an exploration plan for the 2022 summer season.

    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 29-06-2022
    • Gold $1,819.40
    • Silver $20.79
    • Platinum $909.00
    • Palladium $1,802.00
    • Dalian Iron Ore i2209 $121.88
    • Aluminium $2,495.50
    • Cobalt $72,400.00
    • Copper $8,417.50
    • Lead $2,003.50
    • Nickel $22,882.00
    • Tin $26,991.00
    • Zinc $3,318.00