EMX’s Mauken project is located in northern Norway, within a tectonic window (through Caledonian cover) of Paleoprotero-zoic greenstones that directly correlate in age, rock type and structure to the Central Lapland Greenstone (CLGB). The CLGB hosts multiple deposits including multiple historic gold mines and the active Agnico Eagle’s Kittila Mine, which is Europe’s largest gold mine*.
The project contains orogenic style gold mineralization in the central Main Zone and polymetallic Au-Ag-Cu-Co minerali-zation at the Nordmoen Target in the southeast. The host rock comprises greenschist facies metamorphosed felsic and mafic volcanics that have been intruded by granodiorites (1.8-1.7 Ga). The Mauken Main Zone comprises silicified intermediate felsic volcanic rocks within a NW-SE trending shear zone with disseminated arsenopyrite. Historic sampling showed up to 5.79 g/t Au¹ and multiple mineralized samples along a strike of at least 1750 m. The geochemistry of the mineralized zone shows a very strong Au-As correlation. The Nordmoen Target mineralization is hosted in shallow dipping, tightly folded quartz-carbonate altered mafic schists, with a historic sample assaying 3.1 g/t Au, 136 g/t Ag and 9.2 % Cu1. EMX fieldwork showed that the rocks at Nordmoen contain additional cobalt-mineralization.
In 2023, EMX conducted a BLEG program and a large soil survey², both showing a clear NW and SE extension of the Main Zone mineralization, possibly up to 7.5 km.