3 April, 2017

Beowulf Mining Finds Significant Mineralisation At Aitolampi, Finland

Beowulf Mining PLC on Monday said it has finished an intense five-week drilling programme at its Aitolampi prospect in Finland, and said it has observed significant lengths of graphite mineralisation at all eight holes drilled.

The AIM-listed mining exploration and development company drilled eight holes at Aitolampi for a total depth of 1,197 metres.

Beowulf said there was substantial graphite mineralisation in all the holes, including up to 113.5 metres down hole width for the longest drill hole.

“We are very pleased to have completed an intense five-week drilling programme at Aitolampi, drilling eight holes and almost 1,200 metres in total. We have observed significant lengths of graphite mineralisation in each drill hole, in the areas where we have previously identified electromagnetic conductors,” said Chief Executive Officer Kurt Budge in a statement.

“We are now waiting for assay results for samples taken throughout the drilling programme and will provide further updates in due course,” Budge said.

Source: lse