The Roninlampi claim application was obtained based on preferable geological position and results of summer 2011 field work. The claim application is located in the southern part of the Kuhmo greenstone belt. 17 km W from Kuhmo. Two km to a sealed road, gravel road to the property. Total area – 4,3 sq.km.
The license includes Karvosenvaara late Archean orogenic drilled gold occurrence. Gold mineralisation is open along strike and depth. Best diamond drilling intersections: 2.3 m @ 2.6 ppm, 2 m @ 1.3 ppm, 1 m @ 3.6 ppm, 1 m @ 2.9 ppm, 1 m @ 1.88 ppm, 1 m @ 1.39 ppm Au.
Exploration Potential of the area – 0.3 – 0.7 Moz of Gold.