With the aim to develop  Kukka deposit in Finland in October 2016 JV with UK-based Kolar Gold Plc. was set up.  New JV company, Finnish entity, named Kalevala Gold Oy. plans to start bulk sampling and pilot processing at Kuikka form May, 2017.

During 2016 autumn filed season four new significant gold targets were delineated in Logrosan project area ( JV with Metal Tiger Plc). The total length of gold miniralized zones is 14 ln. km.,  max. content of gold in soil 0,8 ppm.

 

With the aim to confirm continuation of high-grade Au miniralisation, during July-August 2016 MEN (Suomi) Oy completed infill drilling program at Kuikka deposit in Finland. Gold assays done by ALS Geochemical returned multiple results with gold grade more than 10 g/ton with max 180 g/ton.

Assays done by date in ALS confirm significant tungsten miniralisation at Logrosan JV project

Hole LM008

Ø 8m @ 0.32% WO3 from 5.52m to 13.52m, including 2m @ 0.49%WO3 & 0.1% SnO2;

Ø 2m @ 0.32% WO3 from 15.52m to 17.52m

 

Hole LM012

Ø 6M @ 0.08% WO3 from 7.48m to 13.48m, including 2m @ 0.11%WO3

 

Hole LM014

Ø 2.7m @ >0.32% from 11.30m to 14.00m including 2m @ > 0.63% WO3 (above the tungsten detection limit of 5000ppm)

For more details please read:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12382806.html

13.03.2015 MEN (Finland) Ltd. through it’s 100% owned special purpose vehicle,  Logrosan Minarals Ltd, incorporated in the UK,  entered into a binding Memorandum of Understanding (“MOU”) to commence funding exploration activities for gold and tungsten in Spain under a Joint Venture (“JV”) with Metal Tiger Plc (LON: MTR). Metal Tiger Plc has the right to earn-in up to a 50% interest for 500 000 Euro.

to read more please follow this link:

http://www.metaltigerplc.com/index.php/investors/latest-news/85-spanish-gold-tungsten-joint-venture-signed

In February 2015 MEN (Finland) Ltd. applied for mining permit for Kuikka (Suomussalmi group) deposit. It is planned to start test mining at Kuikka in the end of 2015.

2014 MEN presentation
To read more about MEN Finland Ltd. please download the latest presentation  
Our contacts

Our contacts

MEN Finland Ltd. 28 Fidlas Ave., Cardiff, UK CF14 0NY Phone: +44(0)2921250929 info@men-finland.com
Karelian Gold

Karelian Gold

Karelian Gold is an international gold exploration project conducted by MEN Finland Ltd. It includes 16 prospects located in Eastern Finland within Achaean greenstone belts Hattu–Ilomantsi, Kuhmo and Suomussalmi.