Karelian Diamond Resources plc has completed a pitting programme on more than 20 previously identified kimberlite targets in the Kuhmo region of Finland. GLACIAL TILL The targets extend over 23 locations from where glacial till samples for kimberlite indicator mineral testing were collected. The company said that the bedrock reached in eight of the locations […]
Tag: Kuhmo region – Finland
Karelian starts follow-up exploration in Kuhmo
Karelian Diamond Resources plc has started follow-up exploration programme focused on excavation and drilling in the Kuhmo region of eastern Finland. TARGETS The company said that operations were located “up-ice” of its green diamond discovery. A total of 38 kimberlite targets have been identified from drone-based aeromagnetic data combined with kimberlite indicator sampling results and […]
Conroy Gold settles Karelian debt with shares
Conroy Gold and Natural Resources plc has acquired shares in Karelian Diamond Resources plc to part-settle debt owed to it. TERMS The company has also agreed a loan to help fund Karelian’s exploration in Finland. As at the end of the six-month period ending 30 November 2022, Dublin-based Karelian owed Conroy Gold €234,651. Conroy Gold […]