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Nordic Gold reveals drilling has started at Finnish gold mine project

The work is mainly diamond infill drilling with the current phase being completed to evaluate the southern extension of the north pit

Nordic Gold Inc -
The work is being carried out as per the plan reported in October, which includes drilling of between 10,000 and 15,000 meters across 146 holes

Nordic Gold Inc (CVE:NOR) has reached a milestone, saying drilling has started at its gold mine project in Finland. 

The work is being carried out as per the plan reported in October, which includes drilling of between 10,000 and 15,000 meters across 146 holes and is a crucial step in bringing the Otso mine (formerly known as the Laiva gold mine) back into production.

It has earmarked a July 2020 restart of operations.

READ: Nordic Gold plans to put Otso gold mine back into production by 2020

The work is mainly diamond infill drilling with the current phase being completed to evaluate the southern extension of the north pit. This southern extension lies between the two initial pits.

"I would like to thank our team on site and partners at Tetra Tech for their hard work in designing the program, securing contractors and beginning the drill program on site," said the chief executive and president of Nordic, Brian Wesson.

"The drilling has achieved excellent penetration rates and we look forward to the results. The beginning of drilling marks another milestone in the redevelopment plan previously announced and another step towards production."

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Price: 0.025 CAD

TSX-V:NOR
Market: TSX-V
Market Cap: $4.89 m
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Nordic Gold kicks off drilling programme at its Otso mine project in Finland

Nordic Gold Inc (CVE:NOR) chief executive and president Brian Wesson speaks to Proactive London's Andrew Scott soon after announcing that drilling has started at its gold mine project in Finland.  The work includes drilling of between 10,000 and 15,000 metres across 146 holes and is a...

6 days, 22 hours ago

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