Junior explorer Erris Resources plc (LON:ERIS) has been awarded a licence for a new gold target in Sweden.
Enåsen no.5 comprises 59.4 sq km in central Sweden that surrounds the Enasen gold mine, which produced between 1984 and 1991.
READ: Erris Resources granted two gold exploration permits on the Nordgruvan Project in Sweden
Surface exploration work has already started on the prospect said Merlin Marr-Johnson, Erris’s chief executive.
The Enåsen mine was one of the few gold-only mines in the country, Marr-Johnson added. Typically, gold from Sweden is produced as a by-product from the mining of massive sulphide deposits.
“The Enåsen Project encompasses the area surrounding the mine and is largely underexplored, covering an area we believe is a prospective geological setting.
Elsewhere, work is ramping up on the portfolio of projects in Sweden funded by Centerra Gold while drilling is underway at the Abbeytown zinc project in Ireland.
Enasen No. 5 is not part of the joint venture with Centerra.