Highlights
• Valuable historical drill core and data for the Korsnäs Rare Earths project has been
preserved by the Geological Survey of Finland (GTK).
• A comprehensive dataset from 471 historical drill holes is now being compiled.
• Past exploration and mining at Korsnäs primarily targeted lead (Pb).
• Noteworthy available historical Rare Earth Element (REE) assay data includes:
o Hole KR-285: 2.77m @ 47,500 ppm TREO1 from 206.68m
o Hole KR-279: 0.62m @ 38,000 ppm TREO from 55.64m
o Hole KR-292: 4.86m @ 18,000 ppm TREO from 35.30m
o Hole KR-287: 3.10m @ 15,700 ppm TREO from 107.85m
o Hole KR-298: 3.81m @ 14,6002 ppm TREO from 107.85m
o Hole KR-285: 2.16m @ 12,600 ppm TREO from 137.59m
o Hole SO-188: 7.53m @ 11,200 ppm TREO from 86.87m
o Hole KR-289: 18.50m @ 11,100 ppm TREO from 51.85m
o Hole KR-285: 2.07m @ 10,600 ppm TREO from 143.83m
o Hole KR-281: 1.15m @ 10,200 ppm TREO from 143.83m
• All original drill core from these 471 holes is securely stored by GTK.
• Prospech recently accessed some of the core for logging and sampling purposes.
o 40 holes have been meticulously logged, photographed, and sampled.
o 366 samples have been collected representing 582.65 meters of core.
o Assay results for these samples are pending.
o Additionally, two more 2-week sessions have been reserved in 2023 at the
GTK facility for further sampling and logging activities.
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