Avira Resources Limited announced that it has now completed the first stage of the planned exploration program at the Puolalaki Cu-Ni-Co Project located in northern Sweden. The Puolalaki Project comprises a single exploration permit (Puolalaki nr 100) centred over the target gabbro intrusion which hosts historic nickel sulphide mineralisation. The project is located in Sweden's premier Gällivare mining district which is host to Europe's largest open-cut copper mine Aitik, owned by Boliden and to LKAB's Malmberget iron-ore mine.

A fixed-loop configuration was used with a transmitter loop of 600x400m, a survey line spacing of 50-100m and a station spacing of 25-50m for a total of 7.5 line-km. The base frequency was 1hz, with a minimum of 3 readings per station. Three of the historic diamond drillholes were first dummy probed to check if they were open and amenable to downhole surveying; all three holes were open and subsequently surveyed with a transmitter loop of 600x400m and a station spacing of 5-10m.

Processed data from the UAV-borne magnetic survey, FLEM and DHEM surveys is expected to be received by the end of February. In the event that specific drillhole targets are identified, an initial diamond drilling program is estimated to take approximately 6 weeks to complete from the date of rig mobilisation. The planned UAV magnetic survey has been delayed due to a mechanical issue with the sensor, the crew expects to receive the repaired sensor before the end of January with the survey estimated to be completed by the end of the first week in February 2023.