9.6 km² some 25 km north-west of Hulderdalen and 1.5 km from the Siljan Fe-Ti-P-REE deposit, with matching geology and geophysical signature.
The Moelva Project
The Moelva project is situated approximately 25km to the north-west of Hulderdalen (see Figure 1). Moelva is situated on the border of the Telemark provinces of Norway and contains known ferrous and base metal occurrences. The project sits only 1.5km to the north-west of the Siljan Fe-Ti-P-REE deposit, identified by the NGU. Moelva is situated in an identical geological setting as Hulderdalen and exhibits a geophysical signature similar to Hulderdalen, the Kodal deposit and the adjacent Siljan deposit. Due to these similarities, Moelva is being treated as a potential satellite deposit to Hulderdalen.
{{fig:1}}
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.