Resource Mining Corporation Ltd (ASX:RMI) restarts fieldwork at its wholly-owned Hirvikallio and Kola lithium projects in Finland this week, aiming to identify potential drilling targets.
The company is building on results from 2022 fieldwork, which produced rock chip samples of up to 3.9% lithium at Hirvikallio and up to 2.4% lithium at Kola.
RMI is particularly interested in the Kola project’s potential, as it is adjacent to Sibanye-Stillwater's Keliber Lithium Project, which holds an ore reserve of about 12.7 million tonnes lithium with plans to produce some 15,000 tonnes of lithium hydroxide monohydrate per year.
Apart from lithium exploration at Hirvikallio and Kola, the company also intends to obtain results from a 2012 airborne transient electromagnetic (SKYTEM) survey over the Ruossakero Nickel Project to search for fresh nickel targets.
Extensive presence of mineralisation
“The results from the 2022 fieldwork have confirmed the extensive presence of lithium and nickel targets within each project area,” Resource Mining Corporation CEO Andrew Nesbitt said.
“We are excited to continue our exploration works within these extremely prospective regions, with the intention to identify drilling targets.”
RMI will employ systemic sampling and mapping of the project areas in this fieldwork program, with a particular focus on areas previously identified to be highly prospective.
The company will also leverage a Ground Penetrating Radar (GPR) survey to search for the bedrock source of lithium at the boulder fields of the Kola Project, while building on the Ruossakero Nickel Project’s resource of 168,000 tonnes of nickel and 6,700 tonnes of cobalt with the results of the SKYTEM survey.