17 larger spodumene pegmatite deposits discovered with dozens of smaller occurrences.
Little to no exploration conducted outside the known prospects.
Basemap: Aerogeophysical magnetic map (GTK)
PHOTO: Abundant >0.5 m long spodumene crystals in a typical boulder from the Nikula prospect
Glacially transported boulder fans demonstrate the occurrence of numerous undiscovered spodumene pegmatite dykes.
Boulders in many areas are large and angular indicating short transport distance from the source pegmatites.
Boulders in some areas contain abundant (from 20 up to 50 vol-%) large grain spodumene.
Extensive number of spodumene-rich boulders show high lithium content.
Rock chips from top of bedrock surface are collected simultaneously with till during BOT sampling.
Li correlates with Cs and more sporadically with Sn, Be, Ta and Nb. Extensive and systematic geochemical anomalies, numerous spodumene boulders and first pegmatite dykes have already been located in the studied areas.
Two ca. 15 kg composite samples graded 1.84% and 1.88% Li2O
Drilling of Li anomalies showed pegmatite intersections in majority of the holes.
Some intersections contained abundant (ca. 30%) spodumene over the distance of up to 8m.
Two Li-pegmatite vein systems identified with potential for more based on surficial data.
Drilling of priority targets to be continued in Q2/2025 along with BOT sampling, geophysics and field work in new licence areas.

Maiden drilling of 3,000m at Jäneslampi prospect
6,000m drilling (April) with capacity for additional drilling
BOT sampling to be continued in parallel to drilling (200-500 samples per month) for target generation
Maiden Mineral Resource Estimate Q1 2026
Preliminary Economic Assessment
Permitting (mining permit, EIA, municipality planning, environment permit) 2025-2028
Preliminary Feasibility Study
Feasibility Study
Construction 2029 – 2030
Construction 2029 – 2030
Production