The exploration process
The process of exploration can be lengthy, carrying a low chance of success. The process of exploring, finding and permitting a metals project may take over 20 years as few projects pass the necessary tests required to turn into a sustainable operation. Throughout the stages of exploration and development of a project, strict community and environmental guidelines are in place.
Companies begin exploration by obtaining a ‘reservation license’ permitting them to undertake reconnaissance work. This includes making geological maps and taking rock samples. When a prospective area has been identified, an exploration license may be submitted.
Exploration licenses permit more detailed exploration work, including detailed sampling and diamond drilling. Drilling is used to collect a rock sample from beneath the surface to assess a prospective area. Then, geologists can make models of the subsurface and determine if it is likely that higher metal concentrations exist. Exploration licenses usually contain several targets, of which only the best are drill tested.
The below image details the exploration process (Image taken from the tukes website).
PROJECT PROGRESS TIMELINES
CENTRAL LAPLAND:
MJ1-MJ2, Partner project with Magstar Mining
Magstar Mining contact person: Juho Haverinen +358 46 632 0130
https://magstarmining.fi
January 2022: Agreement with Magstar Mining
July 2022: Ground geophysical surveys in Maaninkijoki 1 and 2 exploration licences
July 2022: River Maaninkijoki 2 exploration licence funded by tukes
August 2022: Drone magnetic survey in Maaninkijoki 1 and 2
August 2022: Geological mapping in Maaninkijoki 1 and 2
November 2022: River Maaninkijoki 1 exploration licence granded by Tukes
January 2022: Ground geophysical surveys in Maaninkijoki 1
July 2023: Geophysical surveys in Maaninkijoki 1 and Maaninkijoki 2
August 2023: Geological mapping in Maaninkijoki 1 and Maaninkijoki 2
November 2023: Open Community meeting in Sattanen
January 2024: Diamond drilling project in Maaninkijoki 1 –exploration licence area
August 2024: Base of till –sampling starts on Maaninkijoki 1-2 area and goes on until end of September.
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WAR VILLAGE projects: (100% FQM)
September 2023: Posto, Ilmakki and Puolakkavaara exploration licence applications in Sodankylä submitted to Tukes.
April 2024: Airbag exploration licence application area is fully cancelled, Posto licence application area is partially cancelled and name changed to Matara.
April 2024:Geophysical surveys is Matara-area.
May 2024: Geological mapping campaigns on Matara and Puolakkavaara areas. Community meetings in both areas.
June 2024: Geological mapping campaigns on Matara and Puolakkavaara areas.
September 2024: Matara and Puolakkavaara exploration tenement areas granted by Tukes.
September 2024: Open meeting at Sattanen village house.
October 2024: Base of till – sampling starts in Matara area and moves to Puolakkavaara.
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EASTERN LAPLAND
EASTERN LAPLAND:
November 2019: Lunkkaus and Savukoski reservations granted
January 2020: Community meetings in Pelkosenniemi and Savukoski
Summer 2020: Field program, including drone magnetic survey in Pelkosenniemi and Savukoski
November 2020: Käyläselkä reservation granted
December 2020: Reposelkä 1, Reposelkä 2, Reposelkä 3, Mukkavaara 1 and Mukkavaara 2 exploration license applications in Pelkosenniemi and Savukoski submitted to Tukes.
February 2021: Community meetings in Savukoski, Pelkosenniemi, Salla and Kemijärvi
May 2021: Exploration licenses Reposelkä 1, Reposelkä 2, Reposelkä 3, Mukkavaara 1 and Mukkavaara 2 granted by Tukes
June 2021: Geological mapping program in Pelkosenniemi and Peräpohja
June 2021: Community meetings in Pelkosenniemi and Savukoski
August 2021: Geophysical surveys in Pelkosenniemi and Savukoski
September 2021: Lunkkaus and Savukoski reservations expire
September 2021: Pyytövaara, Rahkavaara, Sadinvaara 1, Siulionpalo, Murtoselkä, Reposelkä 4, Reposelkä 5 and Reposelkä 6 exploration licence applications in Pelkosenniemi and Savukoski submitted to Tukes.
October 2021: Ground geophysical surveys in Reposelkä exploration license areas
November 2021: Percussion drilling in Reposelkä exploration license areas
February 2022: Community meeting in Pelkosenniemi
February 2022: Diamond drilling in Reposelkä exploration license areas
October 2022: Exploration licences Reposelkä 4 and Sadinvaara 1 granted by Tukes
October 2022: Diamond drilling in Mukkavaara exploration licence area in Savukoski
November 2022: Diamond drilling in Mukkavaara exploration licence area in Savukoski
December 2022: Diamond drilling in Mukkavaara, Savukoski and Reposelkä, Pelkosenniemi exploration licence areas
January 2023: Diamond drilling in Reposelkä exploration licence area in Pelkosenniemi.
May 2023: Submittal of Pyytövaara 2 exploration licence in Savukoski.
June 2023: Full relinquishment on Reposelkä 1, Reposelkä 2, Reposelkä 3, Reposelkä 4 and Mukkavaara 1 exploration licence permit areas. Partial relinquishment on Mukkavaara 2 exploration licence permit area. Cancellation on Reposelkä 5 and Reposelkä 6 exploration licence application areas.
July 2023: Geological mapping program in Mukkavaara 2, Pyytövaara and Pyytövaara 2 exploration licences
October 2023: Geophysical ground surveys in Pyytövaara, Pyytövaara 2 and Rahkavaara exploration licence application areas
October 2023: Community meetings in Pelkosenniemi and Savukoski
December 2023: Exploration licences Pyytövaara, Pyytövaara 2 and Rahkavaara granted by Tukes
August 2024: All exploration tenement areas have been relinquished and all exploration tenement application areas cancelled.
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ISOPOLO
ISOPALO (MJ7) Partner project with Magnus Minerals
Magnus Minerals contact person: Juho Haverinen +358 46 632 0130
https://www.magnusminerals.fiJanuary 2021 – Agreement signed with Magnus Minerals
January 2021 – Ground geophysical surveys in Isopalo exploration license
July 2021 – Isopalo exploration licence funded by tukes
January 2022 – Community meeting in Sattanen
January 2022 – 3 week diamond drilling program in in Isopalo exploration license
February 2022 – Ground geophysical surveys in Isopalo exploration license
July 2022 – Drone magnetic survey in Isopalo exploration license
February 2023 – 6 week diamond drilling program in Isopalo exploration license
July 2023 – Ground geophysical surveys in Isopalo exploration license
July 2023 – Geological mapping in Isopalo exploration license
September 2023 – Meeting for landowners in Sattanen
November 2023 – Community meeting in Sattanen
January 2024 – Diamond drilling project until 15th of April
May 2024 – Partnership with Magnus Minerals withdrawals. No further work will be done by Inmet Finland Oy in these areas after the end of July 2024.
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PEURAPALO
July 2020: Pisa reservation
September 2020: The Mapping program
April 2021: Meetings with municipal leaders in western Lapland
November 2021: Peuranpalo North, Peuranpalo East, Peuranpalo South, Vähäjoki and Salaneuvos exploration licence applications in Tervola submitted to Tukes.
February 2022: Ground geophysical surveys in Tervola
May 2022: Community meeting in Tervola
June 2022: Geological mapping program in Tervola
June 2022: Drone magnetic survey in Tervola
September 2022: Exploration licence applications Vahajoki and Salaneuvos retracted
May 2023: Community meeting in Tervola
May 2023: Geological mapping and sampling programme in Peuranpalo East, West and North exploration licences.
April 2024: Peurapalo North, Peurapalo South and Peurapalo East exploration licence applications are cancelled.
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MAP
