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Strategic Value Pellivuoma has the potential to serve as a satellite deposit to Northland's Stora Sahavaara/Tapuli project area. Pellivuoma is located approximately 15 km west of Stora Sahavaara. Pellivuoma's historical estimates, as calculated by the Swedish Geological Survey (SGU), indicate 43 Mt of ore grading 33% Fe with relatively low sulfur. The exploration of Pellivuoma is a continuation of Northland's strategy of developing a cluster of iron ore resources that can be potentially mined in a combined operation to minimize the capital investment needed to develop them. Size: Historical estimates (non NI 43-101 compliant) indicate Pellivuoma's resource potential down to 200 meters to be:
Metallurgical Testwork: None-to-date. Description: Pellivuoma is situated near the town of Pajala, Sweden. There is an old logging road that allows access to the site. The deposit is beneath 6m to 13m of cover, mostly bogs. The SGU reports that Pellivuoma occurs in the same stratigraphic position as the Stora Sahavaara and Tapuli magnetite deposits. History: The Pellivuoma iron deposit was discovered in 1919. Geophysical measurements (both magnetic and gravimetric) were done in 1964. The magnetic measurements indicated a 900m long and 400m wide anomaly. From 1969 to 1971, 13 holes were drilled in the area, for a total length of 2,439m. Only some sections of the drillcore material have been analyzed for Cu. An exploration license was granted to Northland in March 2007. Geology: According to the SGU, the main zone is made up of steeply dipping, magnetite bearing mineralisation alternating with different types of folded skarn-rocks. Outside the main mineralised zone there occur two, smaller isolated magnetite-bodies. The deposit appears to occupy the fold hinge of a northwesterly plunging anti-form. Magnetite occurs as irregular grains or grain aggregates usually 100 - 500 micron in size. Phosphorous occurs as apatite and the sulfur is contained in pyrite and pyrrhotite, and smaller amounts in chalcopyrite. There are no outcrops in the area and due to this the geological knowledge of the area is based on geophysical measurements and drillcore data. Recent Activity: During 2007, Northland acquired and began reviewing all historical data. In early 2008, Northland initiated a drill program to verify the historical data and expand the known size of the Pellivuoma body. Two twin holes will be drilled to verify historical results. Old drill holes will be re-logged and if needed re-sampled. In total, seven drill holes are planned with an estimated length of 1,400 meters, although the program may change as results are known. |
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