Strategic portfolio of polymetallic assets offers additional upside
80 Mile has three high-grade, polymetallic projects in eastern Finland, operated by the Company’s 100% owned subsidiary, FinnAust Mining Finland Oy (‘FinnAust’). Currently, the main areas of interest in the South Savo and North Karelia regions of Finland are the former mining belts of Enonkoski and Hammaslahti, where the Company is targeting high-quality base metal deposits, and Outokumpu, which has now been developed into a hydrogen/helium project. FinnAust has been operating in the region since 2010 and has conducted various exploration campaigns, including drilling, airborne and ground geophysical surveys, geological mapping, and prospecting.
Ensuring that local stakeholders are regularly updated on FinnAust’s operations and finding mutual consensus with them on how the Company can carry out its exploration activities has always been one of FinnAust’s core values. The Company is committed, in line with its sustainability goals, to never carry out any exploration activities in protected areas, national parks, or Natura 2000 locations.