Ann: KRM Reports Drill Intercepts at Bruvann, Rana Nickel Project, page-14

Originally posted by jennym

Horizontal support zone at around 5.3. (5.2 to 5.4). That might be a better place to get in. The result, while crappy is only a part of what they are doing thank goodness. I bought in a bit high.

Counting funds from Indonesia, cash backed at around 0.053. Nobody seems to have noticed the other announcement today. These two holes are only the beginning. Market judging before it has finished which is a bit silly! Why have they purchased new exploration licences if they don't see potential?

Kingsrose has been granted 291 new exploration licences in Finnmark County, Northern Norway,
covering an area of 2,736km2, following a rigorous target generation exercise by Kingsrose.
o 118 exploration licences for 1,094km2 covering a strike length of 90km in the Karasjok
Greenstone Belt (Karasjok Project).
o 173 exploration licences for 1,642km2 covering a strike length of 120km in the Kautokeino
Greenstone Belt (Kautokeino Project).
 Kingsrose is targeting magmatic nickel-copper-cobalt-PGE sulphide deposits in Palaeoproterozoic
greenstone belts which are underexplored extensions of the Central Lapland Greenstone Belt in
Finland, where Boliden’s Kevitsa nickel-copper-PGE mine, Anglo American’s Sakatti copper-nickelPGE project, Agnico Eagle’s Kittilä gold mine and Rupert Resources’ recent Ikkari gold discovery are
located.
 Kingsrose is in ongoing exclusive negotiations with BHP regarding future exploration of the Projects,