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12/12/2024
Mining News

UK-based explorer granted licence surrounding historic gold mine in Sweden

European focused mineral exploration company Erris Resources announced today that it was granted a new 100%-owned gold exploration permit, Enåsen no.5, which is located in central Sweden, some 370 kilometres north of Stockholm.

The 59.4 km2 permit encompasses a largely unexplored area surrounding the historic Enåsen mine, which produced 1.7-million tonnes at 3 g/t gold between 1984 and 1991. Mineralisation in the area is characterised by disseminated chalcopyrite and gold in a topaz-bearing quartz-sillimanite gneiss hosted by quartz-feldspar and quartz-mica gneisses.

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This new licence complements the company’s existing Swedish 100%-owned Nordgruvan Project, which lies outside of the defined area of interest and is operated under a strategic association with Canada’s Centerra Gold.

“The addition of the Enåsen Project to our existing portfolio of projects is in line with our stated objective of identifying low-cost opportunities with the potential to create shareholder value. Work is ramping up across this portfolio; we are currently drilling the Abbeytown zinc project in Ireland and working on a portfolio of projects in Sweden funded by Centerra Gold,” Erris Resources CEO, Merlin Marr-Johnson, said in a media statement.

The executive added that his team will soon start initial reconnaissance mapping and sampling.

Source: mining.com

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