Significant gold and copper discoveries in Finnmark

The copper discovery made at Fiskarfjellet southwest of Alta contains copper in the range from 1,47 % to 2,09 % with silver ranging from 6 g/t to 7,6 g/t.

The Njivlojavri discovery is near the closed-down mine in Bidjovagge in Kautokeino, a mine other mineral companies say could be re-opened.

Scandinavian Resources also have prospects three places in Sør-Varanger municipality, Gjeddevann, Neiden and Notsynene.

Exploration Manager Amanda Arrowsmith says the date collection and validation process during the summer of 2011 has greatly enhanced the understanding of the prospects within Scandinavian Resources portfolio.

- The most important task now is to determine if an economic source to this surface mineralisation exists within our project area; that is what we will focus on next summer. This is a great start and whilst it’s early days it’s very exciting to be chasing such high grade precious and base metals occurrences, Amanda Arrowsmith says.

Scandinavian Resources also have prospects three places in Sør-Varanger municipality, Gjeddevann, Neiden and Notsynene.

In addition to the projects in Finnmark, the mining company is looking for iron ore in the area around Kiruna in northern Sweden.