Nyalm I and II Project
Nyalm I and II
Country Russia 
Status GREEN EXPLORATION 
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Last updated on 12/24/2010 - Terms of Use
Risk and valuation analysis of the Nyalm I and II Project
Status Risk : Green exploration
Country Risk : Important
Title(s) of the Nyalm I and II Project
Ovoca Gold Plc
Owner: 100%
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Location of the Nyalm I and II Project
Nyalm I and II Licence Area are located in the Kola Peninsular which is located in the North-West of Russia near the Finnish border.
 
History of the Nyalm I and II Project
The reported Russian P1 and P2 category resources of 3.8 million tonnes at a mean grade of 3.7 grammes per tonne gold equivalent to 450,000 ounces of gold in Nyalm I and Nyalm II combined in the Russian P1 and P2 category.
 
Geology of the Nyalm I and II Project
Gold mineralisation at Nyalm II appears confined to a steeply dipping 75º to 80º zone of quartz veining with an average thickness of 3.4 metres and average grades of 3.7 grammes per tonne gold. The presently known strike extent of the mineralised zone is 200 metres and up to 50 metres down dip. The mineralised zone remains open in all directions.
 
Data last updated on : 12/24/2009
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