Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Erris Resources said it had expanded its activities in Scandinavia into Norway after the exploration company was granted four new permits covering two new gold projects in Northern Norway.
Two permits cover the Mauken prospect in the county of Troms and two permits cover the Gautelis prospect in the county of Nordland.
The new permits in Norway had been subject to 'very limited exploration in the past but historical reports suggest that high-grades and favourable styles of mineralisation are present,' the company said.
Ground truthing of the new permits confirmed mineralisation potential ahead of winter season and the company said it planned to conduct further data reviews during the winter period and fieldwork on both projects in the next field season to determine the full potential of these projects.
At 8:47am: (LON:ERIS) Erris Resources Plc share price was 0p at 5.35p