Vancouver-based FireFox Gold (TSXV: FFOX) has acquired property covering 984 sq. km in the Kierinki Schist belt in northern Finland’s Lapland region. The company says the two blocks, collectively known as the Kierinki project, have the geologic potential to host orogenic gold deposits.
Kierinki is located 30 km from Firefox’s other gold projects, which cover more than 500 sq. km in the Central Lapland Greentstone Belt. The two new blocks cover the majority of the Kierinki Schist Belt, which consists primarily of quartzites and sandstones, along with minor mafic volcanic rocks.
According to a statement from the company on Aug. 19, the Kierinki area has not been explored in detail and has only seen reconnaissance studies by the Geological Survey of Finland.
Continue reading at The Northern Miner.