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Karelian granted exploration claim reservations

By BFN News | 07:27 AM | Wednesday 04 June, 2014


Karelian Diamond Resources has granted three exploration claim reservations in the Lapland region by TUKES (The Finnish Mining Authority). Interrogation of airborne geophysics in the region by the company, together with till sampling and integration of data made available to Karelian under its agreement with Rio Tinto Mining and Exploration Limited, led to the decision to apply for claim reservations in the area. A claim reservation grants exclusive rights to apply for exploration claims within the reservation area. In all three areas kimberlitic indicator minerals were recovered. Story provided by StockMarketWire.com

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