Exploration Update and New Tenements Granted
www.norrlandgold.com
EXPLORATION UPDATE AND NEW TENEMENTS GRANTED
Vancouver, British Columbia – Thursday, December 9, 2021 -
Norrland Gold
Corporation (”Norrland” or the ”Company”, TSX-V: NORR, Frankfurt Exchange:
8VC ) is pleased to provide an update on its new exploration activities in Sweden:
OUR APPROACH:
Norrland is applying its low-cost geochemical exploration approach to Sweden, one of
Europe’s most prominent mining countries, with most of its deposits hidden under deep
moraine cover, leaving a great potential for discovery. The 4 million oz historical Boliden
gold mine and the current +1 million oz Barsele gold project of Agnico-Eagle are examples
of known deposits in the same geological terrain and region in which the Company is
working.
Norrland holds the Vittanträsket gold prospect, covering the most substantial geochemical
gold in moraine anomaly in Sweden.
Norrland has expanded its land holding in Sweden with the grant of two more tenements:
The Pingisvaara tenement covering a strong gold in moraine anomaly at the northern
border with Finland, and the Junsele tenement, covering a layered mafic-ultramafic
intrusion with the highest platinum rock-chip assay ever reported anywhere in Sweden
during earlier work by state geologists.
OUR PROSPECTS:
Vittanträsket:
At the Vittanträsket gold prospect in the ”Gold-line” in Västerbotten province, Geovista
(the Company’s geophysical contractor, www.geovista.se) has completed the first ground
geophysical program, which has outlined a number of anomalies, suggesting mineralized
fracture zones.
The geophysical work for further defining drill targets will continue along strike during the
winter season, for drilling early next year.
The Vittanträsket tenement, covering 3,741 hectars, is valid until December 20, 2023, and
can thereafter be renewed.
Figure 1. The location of Vittanträsket along the trend of known gold-deposits in the
Gold-line
Pingisvaara:
The Pingisvaara tenement, covering 900 ha within Kiruna Municipality, Northern Sweden,
is valid until March 10, 2024, and can thereafter be renewed (Swedish exploration permits
are valid for three years at a time).
Pingisvaara covers a strong geochemical gold anomaly. The only earlier work in this
largely unknown part of Sweden is by the Geological Survey of Sweden, which has carried
out recoinnasance geochemical work and airborne geophysical surveys. Interpretation of
the existing geophysical data shows a negative magnetic anomaly, suggesting a
mineralized fracture zone. Pingisvaara lacks outcrop and is located in the extreme
northern part of Sweden, just kilometers to the northern border with Finland.
Exploration at Pingisvaara will commence with a winter ground geophysical program when
reasonable daylight hours arrive again in February/March.
Junsele:
The newly granted Junsele tenement covers 1,225 ha over a layered mafic with ultramafic
layers intrusion in Sollefteå Municipality, Central Sweden. The tenement is valid until
November 11, 2024, and can thereafter be renewed.
The Swedish government carried out a nation-wide exploration program for platinum in
the eighties. A platinum assay of 21 g/t in a chip sample from narrow ultramafic bands,
which is the highest platinum-assay the government geologists found anywhere in
Sweden, was reported before all government exploration ceased in 1990. The old reports
are mentioning the presence of chromite and sulfides without giving any details. Nickel
and Cobalt grades were not reported at the time.
Figure 3. Gabbro outcrop with disseminated sulfides at Junsele
Studies of existing data for a basis for planning a work program are currently ongoing.
Junsele represents a virtually unexplored layered mafic complex with potential to host
significant PGE’s, nickel and copper.
NORRLAND GOLD CORP.
Anders West, CEO
Qualified Person: The scientific and technical data contained in this news release,
pertaining to the Vittanträsket, Pingisvaara, and Junsele Projects, has been reviewed and
approved by Douglas J. Kirwin, who served as the qualified person (QP) under the
definition of National Instrument 43-101.
Please visit us at www.norrlandgold.com!
Figure 2. The location of the three prospects in favorable geological conditions in the
Precambrian Fennoscandian Shield
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that may be deemed “forward-looking
statements.” Forward-looking statements are statements that are not historical facts and
are generally, but not always, identified by the words “expects”, “plans”, “anticipates”,
“believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that
events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the
Company believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or realities may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs, estimates and
opinions of the Company’s management on the date the statements are made. Except
as required by law, the Company undertakes no obligation to update these forward-
looking statements in the event that management’s beliefs, estimates or opinions, or other
factors, should change.
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defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this press release.