The Hosanger project is 22km north-east of Bergen on the west coast of Norway, in an area of excellent infrastructure. The project tenements were granted in April 2018.
The project area contains several historical nickel-copper deposits hosted by the lower parts of a pervasively deformed body of norite, the Hosanger intrusion, belonging to the Lindås Nappe. The first nickel deposit was discovered in 1875, and mining continued intermittently within the project area until 1945, including at the historical Litland nickel mine. Nickel mineralisation was discovered at Litland in 1899 and was first mined in 1915.
Blackstone Ventures (2010) stated that past production from the Litland mine totalled 462,000t grading 1.05 % Ni, 0.35 % Cu and 0.05 % Co, with grades of up to 3% Ni reported during some periods of production.
In addition to the historical Litland mine, 50 exploration drill holes have been completed within the Hosanger project area, testing targets generated from airborne electromagnetic and magnetic data.
Pursuit will undertake a full evaluation of the previous drilling and also the Litland mine, which contains nickel mineralisation open at depth, and select targets for follow up drilling.