Gold deposit in Laiva mine continues to grow

One of the largest gold deposits ever to have been found in the Nordic region is continuing to grow. Drilling performed during 2011 at the Laiva mine in Finland indicated that ore reserves are 4 million tonnes larger than the previously reported estimate. This corresponds to another two full years of production. Proven and probable ore reserves now amount to 16.9 million tonnes with an average gold content of 1.60 grams per tonne, corresponding to 27,000 kilos of gold.

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