Kolari – Graphite
- The Kolari graphite project is in north-western Finland approximately 50 kilometres (“km”) and 100km east of Talga Resources’ (ASX:TLG) Vittangi project and Jalkunen graphite projects respectively, both of which are situated in Sweden.
- Fennoscandian has a 100 per cent owned Claim Reservation over an area of 96.97 square kilometres (“km²”). A desktop study of the area has been completed and shows extensive areas of graphitic schist.
- Archives at Geological Survey of Finland (“GTK”) provide information on drilling conducted by Rautaruukki Corporation in the 1970s. Diamond drill hole R1 intersected 170 metres (“m”) of mineralisation starting from surface, with an average grade of 8.9 per cent graphitic carbon (“Cg”). The intersection included 15.8m grading 19.8 per cent Cg (Mattila, 1978).
- It should be noted that mineralisation intercepts are the down-hole width and may not be the true width. The graphite encountered was described as very fine to fine microcrystalline graphite, within graphitic schists that are generally rich in quartz, feldspar, biotite and scapolite associated with greenstone-grade metamorphic rocks.