The key points for the company are as follows. Having Agnico Eagle as our joint venture partner and operator. The safest jurisdiction probably in the world in northern Sweden and no cash outlay for Barsele. Agnico is footing the bill all the way to pre-feasibility.
Barsele Minerals Corp. is a Canadian-based junior mineral exploration company with an impressive gold, silver, and copper exploration project on renowned mineral trends in Sweden (Barsele Gold Project) The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects.
Our advanced-stage Barsele Gold Project is located near Storuman, Västerbottens Län, approx. 600 km north of Stockholm, Sweden.
Our 45% owned Barsele Gold Project is located approx. 600 km due north of Stockholm & 40 km southeast of Storuman, a small town situated in Västerbottens Län, which is a regional district of Northern Sweden. Orex believes there is excellent upside potential & inherent value at Barsele – the main objective is to discover & define a 1.5 to 2 million ounces gold deposit. There is also potential for polymetallic VMS deposits. Our total mineral claim holdings are 32,709 hectares (about 83,700 acres).
Since 1985, 414 diamond drill holes have been completed at Barsele. Agnico Eagle hopes to expand the known open-pit resource with definition drilling. Mining exploitation concessions, a step more advanced than exploration, have been in place since 2007, which will assist with the permitting process on the known mineral deposits area.
Several major gold deposits are situated nearby, including: Bjorkdal (Elgin Mining), Faboliden (Lappland Gold) and Svartliden (Dragon Mining). Major polymetallic VMS deposits are also nearby, including Kristineberg (Boliden Mining).
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