Hello,Some of you have been wondering why NPM is not drilling in...

Hello,

Some of you have been wondering why NPM is not drilling in Hopeavuori (1).
The answer is that actually the permit has not been granted, see below.
The schedule of Satulinmäki drilling will be delayed.

Drilling schedule, Satulinmäki, Finland

Satulinmäki drilling was said to be started 2-3 weeks from July 5th in Finland update.

The quarterly report dated 30 July 2021
https://hotcopper.com.au/threads/ann-quarterly-activities-appendix-5b-cash-flow-report.6194585/
says:
"The drilling contractor, Taratest Oy, has been engaged with drilling scheduled to commence in late July."

but there is indication of delay in the same report:
"The Finland Gold Projects continue ongoing work, with drill rig secured and resource definition drill program
scheduled to begin in the following quarter."

In twitter NPM said already on July 29th that no drilling will start in July in Finland/Satulinmäki,
but possibly within a month




There is also reason to expect substantial problems with Hopeavuori (1),
which may be reported later.

Permits in the last quarterly report
So far the company releases were saying permits were bought and just being transferred

I have told you that Tampere permits were just applications, -4 of these were granted and appealed (Hopeavuori 4, Järvenpää, Lavajärvi, and Metsäkylä). -Hopeavuori 1 application has been publicly announced November 2020 andIsovesi and Kalliojärvi May 2021, but no grant decisions (which could be appealed andthere could a fight for permit to start without legal force).They said that 4 permits were bought from Sunstone, but it was actually 2 permits and 2 applicationsSunstone terms appears to be changed again including shares at npm discretion.

In the last release the appealed and application stage rights are "pending"
and you can see only two granted permits.

The Finnish "permits" in the quarterly report dated 30 July 2021:





Regards
Nordic