Karhujupukka is located just 10km from a rail link to port infrastructure and is close to the Finnish city of Kolari, making it an ideal location to explore for vanadium in Finland.

The project hosts a potentially valuable vanadium resource, estimated at 5.2MT @ 0.43% V2O5 by the Geological Survey of Finland, which Pursuit will seek to explore further.

A previous owner of the project conducted exploration with a deep penetrating airborne electromagnetic system, and Pursuit will retrieve this data in order to upgrade the historical mineral estimate to a Mineral Resource in accordance with Joint Ore Reserves Committee (JORC) standards.

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    Historical mineral estimate of 5.2MT @ 0.43% V2O5, 32% Fe, 6.2% Ti and 0.02% Co, 10km from rail link to port infrastructure, close proximity to city of Kolari.