Southern Finland Gold Project
The SFGP comprises several known gold occurrences that were discovered through reconnaissance mineral exploration by prospectors and by the Geological Survey of Finland (GTK), and large areas that are considered prospective for gold but have not seen any historically documented gold exploration.
The most significant of the gold occurrences is the Satulinmäki Prospect. This gold occurrence was discovered by GTK in 2000 (see below), and then further explored by Sunstone 2016-17. The opportunity was secured for Sunstone through an earn-in JV agreement with Canadian listed explorer Nortec Ltd. Sunstone now holds 51% of the opportunity and with further expenditure can increase that to 80%. Sunstone holds 100% of other exploration rights that surround Satulinmäki.
Drilling at Satulinmäki has delivered some very good results such as 147m at 0.8g/t gold from 73m down hole (55m below surface), including 23.5m at 3.3g/t gold. Visible gold was identified at 150m.
Surface exploration and minor drilling has been undertaken by GTK at several other gold prospects and include results such as 5.5m at 1g/t gold at Korvenala, 1m at 41.8g/t gold at Palokallio, and up to 77g/t in surface rock chips from Arolanmäki.