The Bidjovagge mine project
Arctic Minerals today holds the mineral rights covering the ore zone in the Bidjovagge area. The Bidjovagge mine project is in Finnmark in northern Norway. The Kautokeino city center, approx. 40 kilometers from Bidjovagge, hosts approx. 3,000 inhabitants. Alta town with approx. 18,000 inhabitants is some 130 kilometers to the north from the Kautokeino city center.
Arctic Minerals holds a 100% interest in mining and exploration permits at the past-producing Bidjovagge gold-copper mine, located in the Kautokeino municipality of northern Norway. The deposit hosts an indicated mineral resource (2021) of 3.3 million tons grading 1.27 gram per ton gold and 0.97% copper. Total contained metal in the indicated resource is 134,000 oz (4,180 kg) gold and 32,200 tons of copper. Potential for cobalt and tellurium has also been identified.
The Company considers that there is excellent potential to substantially increase the resource by further exploration. Recent study of old drill cores has identified three new areas with exceptionally high grades of gold and copper mineralisation.
Historical intersections include:
- 18.0m @ 2.21% Cu & 33.8g/t Au
- 27.3m @ 3.11% Cu & 0.58 g/t Au
- 15.0m @ 2.0% Cu & 8.55g/t Au
Recent analysis of geophysical data also indicates the continuation of the ore zone in several directions.
