Drake Resources (ASX: DRK) holds an impressive portfolio of highly prospective nickel, copper and gold assets across Scandinavia and West Africa.
Projects in Scandinavia include a new nickel-copper discovery at Granmuren in Sweden, nickel deposits at Espedalen in Norway, and significant remaining mineralisation in the Joma copper-zinc mine.
Drake has also built a well-positioned portfolio of gold projects in West Africa, focusing on the underexplored provinces of Mauritania which is host to the current 20 million ounce Tasiast Gold Mine, as well as Northern Guinea and Senegal.
Delivering strong shareholder value is Drake’s mission and the company’s aim is to be a successful and profitable mining company, taking robust projects through to mining, or realising their value at optimal times through merger and acquisition programs.
Drake has confirmed 52.4 cumulative metres of nickel-sulphide mineralisation at its Granmuren prospect in Sweden.
Drake has made the decision to direct funds and attention on realising the value of its advanced Scandinavian assets.
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