Kaustinen

United Lithium Intersects 1.45% Li2O over 29.5 m and 1.52% Li2O over 26 m at Kietyönmäki Project, Finland

Retrieved on: 
Thursday, October 19, 2023
Lithium, Diamond, Tin(IV) oxide, Instrument, GTK, Tantalum, ICP-MS, GM200, Exploration, Geology, Tonalite–trondhjemite–granodiorite, Laboratory, Tin, News, Lithium hydroxide, Kaustinen, Project, CSE, Tantalum pentoxide, ALS, Oxide, Soil, Percussion instrument, CRS, Collection, NI, Metavolcanic Mountain, QAQC, Rare-earth element, Printed circuit board, Granite, Main Dyke, United

This new drilling builds upon positive historical drill results from previous operators including:

Key Points: 
  • This new drilling builds upon positive historical drill results from previous operators including:
    1.10% Li2O over 42 m by previous operator Sunstone Metals Ltd. (“Sunstone”).
  • Drill hole ULDH-3 with pegmatite reporting 1.52% Li2O over 25.95 m from 33.70 m depth down hole.
  • Drill hole ULDH-4 with pegmatite reporting 1.45% Li2O over 29.50 m from 69.10 m depth down hole.
  • Some notable drilling results include 1.31% Li2O over 24.25 m from 58.75 m depth down hole (hole R310); 1.66% Li2O over 13 m from 86.00 m depth down hole (hole R316); and 1.53% Li2O over 23 m from 14.10 m depth down hole (hole R307).

CAPELLA MINERALS AND HILO MINING ANNOUNCE SIGNING OF DEFINITIVE AGREEMENT TO ADVANCE CENTRAL FINLAND LITHIUM PORTFOLIO

Retrieved on: 
Monday, March 20, 2023
REE, Geological Survey of Finland, Recycling, ECRM, FRA, Geology, LCT, Growth, Kaustinen, Capella, Lithium, Rare-earth element, EU

VANCOUVER, BC, March 20, 2023 /PRNewswire/ - Hilo Mining Ltd. ("Hilo") (TSXV: HILO) is pleased to announce that it has entered into a definitive earn-in agreement (the "Earn-In Agreement") with Capella Minerals Ltd. (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella") to earn up to an 80% interest in a portfolio of lithium (lithium-cesium-tantalum, or "LCT") and rare-earth element ("REE") pegmatite reservations held by Capella in central Finland (the "Property").

Key Points: 
  • VANCOUVER, BC, March 20, 2023 /PRNewswire/ - Hilo Mining Ltd. ("Hilo") (TSXV: HILO) is pleased to announce that it has entered into a definitive earn-in agreement (the "Earn-In Agreement") with Capella Minerals Ltd. (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella") to earn up to an 80% interest in a portfolio of lithium (lithium-cesium-tantalum, or "LCT") and rare-earth element ("REE") pegmatite reservations held by Capella in central Finland (the "Property").
  • The portfolio consists of five lithium (lithium-cesium-tantalum, or "LCT") and rare-earth element ("REE") pegmatite reservations in central Finland.
  • Eric Roth, Capella's President and CEO commented: "We are extremely pleased to be partnering together with Hilo on the advancement of this highly-prospective portfolio of lithium-REE projects in central Finland.
  • Further information on the portfolio of lithium-REE projects in central Finland is available at: