UK-based explorer granted licence surrounding historic gold mine in Sweden17.Oct 2018.
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.
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.