Boreal announces drill program at Gumsberg Project in Sweden
Monday, Dec 04, 2017

Boreal Metals Corp. ("Boreal" or the "Company") is pleased to announce that exploration drilling is underway at its 100% owned Gumsberg license property located in the prolific Bergslagen Mining District in southern Sweden.  Boreal plans to conduct 2,500 meters of diamond drilling across three prospective high grade volcanogenic massive sulphide ("VMS") mineral trends including Östrasilvberg, Vallberget-Loberget and Gumsgruvan.  Each of these silver-zinc-lead trends contain historical drilling from the 1930s and 1970s and mining activities that can be traced to medieval times.   

"Boreal has successfully advanced three high grade mineralized trends within the 18,300 hectare Gumsberg land position to the drill testing phase," stated President and CEO Karl Antonius.  "We are excited to see the results of the 2017 Drill Program given the high grades intercepted on the property by EMX Royalty Corp. in 2016".

The strategically situated Gumsberg project consists of six exploration licenses in the Bergslagen Mining District of southern Sweden totaling over 18,300 hectares, where multiple zones of VMS style mineralization occur.  The VMS mineralization at Gumsberg was mined from the 13th century through the early 1900s, with over 30 historic mines present on the property, most notably the Östrasilverberg mine which was the largest silver mine in Sweden between 1250 and 1590.  Despite its long lived production history, relatively little modern exploration has taken place on the project.  New geologic interpretations, geophysical surveys and reconnaissance drilling by EMX Royalty Corp. have led to the identification of multiple exploration targets, near the historic workings.

For more information, please visit: http://borealmetals.com/

Featured Profile

Featured Videos

Featured Case Studies