NORRLAND MOVES TO THE NEXT PHASE AT VITTANTRÄSKET: SUB-SURFACE EXPLORATORY DRILLING Norrland Gold Corporation (”Norrland” or ”the Company”, TSX-V: NORR, Frankfurt Exchange: 8VC) is pleased to announce that the ground magnetic survey previously
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NEWS RELEASE
JUNE 3, 2024
NORRLAND MOVES TO THE NEXT PHASE AT VITTANTRÄSKET:
SUB-SURFACE EXPLORATORY DRILLING
Norrland Gold Corporation (”Norrland” or ”the Company”, TSX-V: NORR, Frankfurt
Exchange: 8VC) is pleased to announce that the ground magnetic survey previously
undertaken defined a magnetic anomaly, overlapping with a major geochemical
anomaly, at Vittanträsket, which may indicate the existence of pyrrhotite and thereby
potential orogenic gold mineralization.
The environmental permitting has finally moved forward and this anomaly will now be
the subject of shallow exploratory drilling to investigate the geology below recent glacial
moraine cover.
The
Vittanträsket tenement is covered by one of the most substantial soil geochemical
gold anomalies in Sweden; a Tier 1 mining jurisdiction (figure 1). Similar gold-soil
geochemical anomalies are located at known deposits, such as at the famous mined-
out Boliden gold mine, which suggests Vittanträsket may be comparable.
A significant north-south trending magnetic high anomaly is partly overlapping the area
covered by anomalous gold-in moraine samples, taken during the widely spaced
regional surveys of the Swedish Geological Survey (SGU). Moraine is un-sorted
boulder debris, left behind by the glaciation of northern Europe approximately 10,000
years ago. Since that time, the moraine has been in-situ and subjected to natural
geochemical processes. The moraine cover is substantial in the gold-prospective
region in northern Sweden; thus, potential exists for previously un-discovered deposits.
A shallow sub-surface scout drilling program will be undertaken by conventional track-
mounted drilling equipment. The first exploratory drill holes will be placed along a
logging road drilling bedrock to interpret the geology, and if successful, an additional
five holes will follow.
Anders West, CEO, commented:
“The geophysical anomaly coupled with the geochemical anomalies upon which
Norrland based the acquisition of Vittanträsket is a major step forward and reinforces
our belief that the potential remains for a significant new gold discovery to be found
under moraine cover. These largely unexplored terranes are what Norrland is focusing
on. The upcoming drilling program presents the opportunity to understand the
geological structures below surface which could set the pace for further exploration
work and further drilling”.
NORRLAND GOLD CORP.
Anders West, CEO
Qualified Person: The scientific and technical data contained in this news release,
pertaining to the Vittanträsket, 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
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