Kinross and S2 team up to find Finnish gold : vimarsana.com

Kinross and S2 team up to find Finnish gold


Kinross and S2 team up to find Finnish gold
Exploration in Finland. Image from S2 Resources.
Canada’s Kinross Gold (TSX: K; NYSE: KGC) has signed a $9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to search for gold in Finland.
The agreement covers about 83 sq.-km of S2’s noncore gold tenements in Finland, with the Australian junior on Thursday saying that it would retain full ownership of 498 square kilometres of ground holding the Aarnivalkea gold prospect and the Ruopas Isovaara nickel-copper target.
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Kinross has agreed to fund an exploration campaign over four exploration licenses and license applications in the Central Lapland Greenstone Belt of Finland in return for earning a 70% interest in the project.

Related Keywords

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