SEDEX-style Pd-Zn-Cu project of roughly 10.0 km² in Northern Norway.
Teako’s 100% owned Yttertinden Project covers around 10 km2 and hosts the Mjønesskardet zinc-lead prospect, located about 25 km east of Bodø, Nordland. The project is easily accessible and hosts stratabound Pb-Zn-Cu sulphide mineralization within metasedimentary rocks of the Rödingsfjell Nappe Complex.
Mineralization is spatially associated with granitic intrusions and occurs within skarn horizons developed from carbonate-rich sedimentary layers that have undergone intense folding and deformation. The mineralized horizons range from 1 to 10 m in width and strike discontinuously for up to 1–2 km. Three principal mineralization styles have been identified: high-grade massive sphalerite, lower-grade banded sphalerite, and disseminated galena-chalcopyrite mineralization. Sulphide concentrations are highest within fold hinge zones.
Field investigations in 1985 revealed a complex geological history involving multiple phases of folding and intrusive activity (Grimm et al., 1986). Geochemical sampling returned numerous elevated zinc and lead values, although lead, zinc, and copper show only weak correlation, indicating the presence of distinct mineralization styles. Several geophysical anomalies in the western part of the project were recommended for follow-up exploration by previous explorers.
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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
BV3497: Grimm et al. (1986). Feltundersøkelser i Mjønesfjellet og Kistrandfjellet, Bodø, Nordland.
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.