Continued, with selected relevant parts only;“There’s a lot of...

Continued, with selected relevant parts only;

“There’s a lot of dense pine forest, and it’s under snow for 50 per cent on the year.

“But there’s positives to that. We can drive around on the snow with drill rigs, and when the snow melts there’s no sign we were ever there.

“This means you don’t spend money on access tracks or rehabbing sites in the same way you do in Western Australia, which means you get more dollars in the ground.

“In Australia [the rock] is deeply weathered, so you can afford to drill more sparsely just to get that initial sniff of mineralisation. In Finland it’s the opposite.

“There’s no deep weathering. Anything that was weathered has been scraped away by glaciers and had a thin layer of clay dumped on top.

“That means that when you drill that there’s no dispersion of mineralisation – you’re hitting fresh rock.

“So what you are looking for is very small. Statistically, very few holes drilled are likely to hit mineralisation. Not like Australia, where you have all the smoke around [a potential deposit].

“Once you get a number of positive hits like we’ve got, it shows that it is real mineralisation – not just enrichment from weathering.”