driven by discovery
As at the end of Q3 2011, Newgenco Exploration (Fennoscandia) Pty Ltd’s Alliance and Joint Ventures in Finland with First Quantum Minerals reports that:
To the north of Kevitsa several high priority nickel, copper, platinum group elements targets await environmental approval for drilling and should be drilled once the ground freezes.
The Alliance continues to field investigate regional targets within Finland.
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As at the end of Q2 2011, Newgenco Exploration (Fennoscandia) Pty Ltd’s Alliance and Joint Ventures in Finland with First Quantum Minerals reports that:
Drilling continues on regional targets to the north of Kevitsa.
The Alliance continues to field investigate regional targets within Finland.
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As at the end of Q1 2011, Newgenco Exploration (Fennoscandia) Pty Ltd’s Alliance and Joint Ventures in Finland with First Quantum Minerals report:
Regional exploration in the area north of Kevitsa is returning encouraging results. Twenty-two geophysical targets have been tested by base of till drilling in 2,400 shallow holes. Several Cu-Ni-PGE anomalies coincident with magnetic features are highlighted. Three targets are currently being tested by diamond core drilling with seven holes completed. Disseminated and net textured magmatic Cu-Ni sulphides have been reported in several holes.
Regional reconnaissance exploration continues.
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Newgenco’s alliance partner in North America, MMG, reports that:
Field mapping programs were completed at the Ontario nickel-copper (JV) projects during 2010
Exploration continues into 2011.
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As at the end of Q3 2010, Newgenco Exploration (Fennoscandia) Pty Ltd’s Alliance and Joint Ventures in Finland with First Quantum Minerals report:
The regional drilling program in Finland moved into a target testing phase with eight prospects in the Kevitsa North project tested by shallow base-of-till drilling. Initial geochemistry results are encouraging and two targets are currently subject to follow up core drilling.
Regional reconnaissance exploration continues.
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Two of the Newgenco Board will be attending PDAC in March 2011.
If you would like to meet with Dr Rebecca Sproule or Dr Danielle Giovenazzo during the meeting to discuss business or employment opportunities, please contact us here.
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Kim France has accepted the role of Company Secretary for the newgenco group of companies.
Kim has over 35 years experience in commerce, mainly in executive roles. He is currently CFO and Company Secretary of Ethan Minerals Ltd, a company listed on the ASX. He is a former CFO and Company Secretary of 3 other ASX listed companies, 4 financial institutions and numerous non-listed, public and private entities.
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Peter Williams, John Simmonds and JP Hunt will be attending the 2011 Mining Indaba in Cape Town.
If you would like to set up a meeting, please contact us through the links here.
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John Paul (JP) Hunt has been appointed Exploration Manager – Projects for Newgenco’s activities in Scandinavia.
Working closely with project JV partner First Quantum Minerals and its local subsidiary, Kevitsa Mining, JP’s current focus is on the region surrounding the Kevitsa Ni-Cu-PGE deposit in Finland.
Rebecca Sproule will continue to manage regional reconnaissance exploration within the Fennoscandia Ni-Cu targeting Alliance with First Quantum.
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As at the end of Q3 2010, Newgenco Exploration (Fennoscandia) Pty Ltd’s Alliance and Joint Ventures in Finland with First Quantum Minerals report:
An extensive field validation program of regional targets has defined 22 prospects for follow up drilling during the coming winter (2010/11).
Regional reconnaissance exploration continues.
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