The Gautelis Project is located in Northern Norway hosted in the Rombak Tectonic Window, a tectonic window (through Caledonian cover) of Paleoproterozoic rocks. The Rombak Tectonic Window represents a Norwegian extension of the Central Lapland Greenstone Belt. Gold is closely associated with regional shear structure that runs throughout the license.
Mineralization is hosted along a lithological contact of carbonates and metasediments. The mineralized zone can be traced for 2km, and the host lithology extends for another 2km. The last operator to complete work on the project drilled 12 holes in mid-80s with positive results (see Figure below). No follow-up drilling has been completed since.
Note: Drill core sampling was conducted by Folldal Verk and NGU between 1983 and 1986, and reported in the above citations. True thicknesses are unknown. EMX has not performed sufficient work to verify the published assay data, and these data should not be verified as being compliant with NI43-101 standards. These data should not be relied upon until they are confirmed, however EMX considers the data to be reliable and relevant.