Hydrothermal-style Cu-Mo project of roughly 30.0 km² in Southern Norway.
Teako’s 100% owned Dalen project covers 30 km2 and is part of Teako’s Eikland Base Metals District in the Tokke Municipality, Telemark, known to host Cu, Zn, Pb, Mo, Mn, Ag, and Au occurrences. The district has a long mining history, with multiple past producing areas. The geology is dominated by the Bandak Group (~1.16 Ga), comprising volcanic and sedimentary rocks, including quartzites and mafic to felsic lava flows. The Sveconorwegian Orogeny (~1140–960 Ma) caused widespread folding, faulting, and late-stage granitic intrusions. Key occurrences on the Dalen project include, Hovedgangen (Dalen Grube), mined from 1915–1919 for ~101 t of ore @ 9.4 % MoS₂, with coarse molybdenite in 30–70 cm quartz veins, and the Vistadmoen Cu Occurrence, with chalcopyrite and bornite lenses averaging 2.77 % Cu1,2. Additional molybdenite and copper mineralization may remain undiscovered.
{{fig:1}}
1Teako has not performed sufficient work to verify the published data reported above, but the Company believes this information to be considered reliable and relevant. Results reported are maximum values and may not be representative of all samples collected within the area being evaluated
2References made to nearby mines and analogous deposits provide context for the regional targets but are not necessarily indicative that these targets host similar tonnages or grades of mineralization.
References
Laajoki, K., Corfu, F. & Andersen (2002), T.: Lithostratigraphy and U-Pb geochronology of the Telemark supracrustals in the Bandak-Sauland area, Tele mark, South Norway. Norsk Geologisk Tidsskrift, Vol. 82, pp. 119-138. Trondheim 2002, ISSN 029-196X.
Carl O. Mathiesen 1977, Angående kopperforekomstene ved Åmdals Verk, Tokke i TelemarK. USB, BV1173 BV1173.pdf
References to the ‘NGU’ regard the ‘Norwegian Geological Survey’, in particular, their Resource Database and are consolidated under this citation for simplicity. For all data sourced from this resource, please refer to: https://geo.ngu.no/kart/mineralressurser_mobil/?lang=eng
Exploration-stage project. Any historical production, grades or estimates quoted in project descriptions are historical in nature, have not been verified by the Company as current mineral resources or reserves, and should not be relied upon. See the cautionary statements and the Qualified Person statement.