(via TheNewswire)
Tukes (Finland’s mineral exploration licensing authority) approved the Kangasjärvi application, and following no appeals during the 37-day comment period, the exploration license is fully in force.
Tukes also approved the Kolima application, but three appeals which must be reviewed before an exploration license can be granted were filed.
The JV will now fulfill annual financial obligations to landowners within the Kangasjärvi license area and continue planning for exploration activities, including drilling during Q2 2023.
The Eastern Finland Administrative Court informed AFOy that no appeals against the Kangasjärvi application were received, and the Court issued a certificate to this effect, meaning that the Kangasjärvi Exploration License, ML2022:0045, is now valid. AFOy has started to fulfill obligations related to the issuance of the new license, including payment of the annual fees directly to the landowners within the permit area, as well as planning the next phase of exploration. AFOy and Avrupa plan to initiate drill testing of a promising deep EM anomaly adjacent to the historic Kangasjärvi zinc mine, along with continued review and compilation of substantial amounts of historic geological and drilling data from around the license area. Details of this initial campaign and expected timing will be reported as plans are readied.
More detailed background information about the Kangasjärvi application may be found at the following link:Kangasjärvi Application
The Administrative Court of Hämeenlinna informed AFOy that three appeals have been filed in the case of the Kolima application. Consequently, AFOy and Avrupa have decided to temporarily suspend exploration work at Kolima until the outcome of the court proceedings is established.
Detailed background information about the Kolima application may be found at the following links: Kolima ProgressandKolima Results.
For additional information, contact
On behalf of the Board,
“Paul W. Kuhn”
This news release was prepared by Company management, who take full responsibility for its content. Paul
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