NAUR: Additional upside in Rautavaara (Gold & CoppRautavaara/Laurinoja ... interesting upside in NAUR not mentioned in valuations!!
Page 42 (in *.PDF)
https://www.rmgconference.se/presentations/Northland_%20Resources_Presentation_Raw_Materials_Group_Conference_2010.pdf
A total of 7.6 million tonnes of gold and copper ores, including the Laurinoja iron oxide-copper-gold ore, were extracted in Central Lapland over the period 1982–2000. The resulting production of gold during this period was 10 800 kg, together with 21 000 tonnes of copper in concentrates and 4500 kg of silver.
https://herkules.oulu.fi/isbn951428108X/isbn951428108X.pdf
The Rautuvaara formation is the best-known area featuring FeOx-Cu-Au deposits in
Central Lapland, and indeed in the whole of Finland.
The Hannukainen magnetite deposit was discovered by Rautaruukki in 1974 on the basis of an aeromagnetic anomaly. According to Hiltunen (1982) the area comprises five separate deposits: Laurinoja, Kuervaara, Lauku, Vuopio and Kivivuopio (Fig. 18, Table 6).
The largest and economically most significant of these is Laurinoja, which contains chalcopyrite and gold as well as magnetite. The total mineral resources of the Hannukainen deposits amount to some 68 million tonnes (op. cit.).
Other NAUR resources:
Apart from the Rautuvaara and Hannukainen deposits, numerous smaller magnetite
occurrences are known within the Rautuvaara formation, some of which contain copper
and gold (Fig. 16, Table 6). The most significant of these are Kuervitikko, Aavahelukka, Tuohilehto, Äkässaivo, Jassanjärvi and Nivunkijoki, all north of Hannukainen, Rautuoja,
Rautuhelukka and Rytijänkkä between Hannukainen and Rautuvaara, and Sivakkalehto, Sainkangas, Juvakaisenmaa and Mannakorpi south of Rautuvaara.