| Risk and valuation analysis of the Kittila Project |
|
|
|
|
|
|
|
|
|
| Title(s) of the Kittila Project |
 | Agnico-Eagle Mines Limited
Owner: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| The Suurikuusikko deposit was formerly owned by Riddarhyttan Resources, a Finnish mining company. In November 2005, Agnico-Eagle acquired the outstanding shares of Riddarhyttan that it did not already own. |
|
|
|
| Location of the Kittila Project |
|
The Kittila mine is under construction on the Suurikuusikko gold deposit, located approximately 900 km north of Helsinki in the town of Kittila, in Finnish Lapland.
|
| |
| History of the Kittila Project |
|
Riddarhyttan acquired the Suurikuusikko gold deposits from the Finnish government in 1998. In November 2005, Agnico-Eagle acquired the outstanding shares of Riddarhyttan that it did not already own.
|
| |
| Geology of the Kittila Project |
|
|
The gold mineralized zones in the Suurikuusikko field are hosted by a Greenstone Belt which extends from the Norwegian coast, through northern Finland and into Russia. The gold at Suurikuusikko is refractory, meaning that it is mainly found in the lattices of sulfide minerals (arsenopyrite and pyrite). About 75% of the gold is bound in arsenopyrite and 23% in pyrite. What remains is "free gold,"
|
| |
|
|
