Kingsrose Mining Limited (ASX: KRM) has commenced drilling at the Råna nickel-copper-cobalt project in Norway.
Arctic Drilling AS has been engaged to conduct the drilling, which has been designed to test compelling exploration targets comprising mineralised nickel-copper-cobalt massive sulphide at surface, with coincident conductive electromagnetic plates at the Rånbogen prospect.
Highlights
- Compelling targets comprise of shallow, highly conductive electromagnetic (EM) anomalies immediately down dip from mineralised nickel-copper-cobalt massive sulphide at surface.
- Completion of a minimum 750 metres of drilling will satisfy the drilling milestones under the Transaction Implementation Agreement with Scandinavian Resource Holdings Pty Ltd (SRH) and Global Energy Metals.
- Arctic Drilling is a Norwegian owned and domiciled company based out of Finnmark County, Norway, bringing extensive experience of operating in arctic regions with local knowledge.