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Pampalo

Au
1,377.25
USD/oz
0.01
green
Data as of May 21, 2013 11:19PM UTC


Key Facts
Status: Producer
Type of Work: Underground
Location: Finland
                 

Commodities: Gold
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Latest Information
June 30, 2005
Beginning in 2006 it will develop new underground drill positions off the bottom of the existing decline to fully evaluate the depth extensions of the lode system down to the 800 metre level. It is hoped that a decision to proceed with the development of Pampalo could be made in 2007. Drilling has confirmed that gold mineralisation at Rämepuro is shear hosted, occurring in 2 parallel zones. A preliminary estimate of 72,900 tonnes at 4.50 g/t Au for both zones over a strike length of 140 m and down to a vertical depth of 50 m has been computed.

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