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Why Has Kingsrose Mining Received Approval for Drilling at the Porsanger Project? — ASX:KRM| ASX Mining News & Discussion
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$KRM Why Has Kingsrose Mining Received Approval for Drilling at the Porsanger Project?
Kingsrose Mining Gains Approval for Drilling in Norway’s Porsanger Project

January 9, 2024 - Kingsrose Mining Limited (ASX: KRM), a prominent name in the mining industry, has announced a significant advancement in its exploration endeavors. The Ministry of Trade and Fisheries of Norway has granted Kingsrose permission to conduct drilling at the Karenhaugen prospect within the Porsanger project, located in Finnmark County, Norway.

Porsanger Project: A Hub for Nickel-Copper-PGE Mineralisation

The Porsanger project is strategically situated at the northern end of two converging greenstone belts – the Karasjok and the Kautokeino Belts. These belts, extending approximately 100 kilometers, are considered highly prospective for ultramafic hosted massive sulphide nickel-copper-PGE (Platinum Group Elements) mineralisation. Notably, these belts are extensions of the Lapland Greenstone Belt in Finland, home to significant nickel-copper-PGE deposits like Kevitsa and Sakatti.

Exploration Licenses and Prospects

Kingsrose has recently staked exploration licenses over these belts, revealing numerous early-stage exploration targets. The project area includes ...
Why Has Kingsrose Mining Received Approval for Drilling at the Porsanger Project?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?