Northwire Canada EditionThursday, August 13, 2026
Northwire
NOU 2.03 +1.5% OOR 0.055 +10.0% MOON 7.07 −4.3% LOD 0.370 +0.0% CYG 0.150 +0.0% PHNM 0.395 +1.3% AWE 0.150 +30.4% FTZ 0.430 +2.4% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.94 +0.7% BEM 0.090 +0.0% MANU 0.275 +25.0% FL 0.430 −5.5% NOU 2.03 +1.5% OOR 0.055 +10.0% MOON 7.07 −4.3% LOD 0.370 +0.0% CYG 0.150 +0.0% PHNM 0.395 +1.3% AWE 0.150 +30.4% FTZ 0.430 +2.4% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.94 +0.7% BEM 0.090 +0.0% MANU 0.275 +25.0% FL 0.430 −5.5%
Drill Results

Finex Metals completes initial drilling at Ruoppa

FINX · Price

Executive Summary

  • Finex Metals completed its 2025 summer field program on the Ruoppa gold project, drilling 14 diamond holes totaling 2,483 m across multiple target zones.
  • The campaign also included extensive top‑of‑bedrock (ToB) drilling, trenching, soil and rock sampling, and a high‑resolution drone magnetic survey covering ~140 km².
  • Initial assay results are expected to be released in late October–early November 2025, providing new data to refine the geological model and guide the next exploration phase.

Key Details

  • Diamond drilling: 14 holes, 2,483 m completed (August‑September 2025).
  • Top‑of‑bedrock drilling: 553 samples collected – Ruoppa East (395), Heinikko (158).
  • Trenching: 12 trenches, total length 1,041 m – Ruoppa East (10 trenches/676 m), Outamaa (2 trenches/365 m).
  • Soil sampling: 328 samples – Nuuti (291), Ruoppa East (14), Ruoppa Central (23).
  • Rock sampling: 382 samples – Ruoppa East (307), Outamaa (75).
  • Drone magnetic survey: ~3,080 line‑km at 50 m spacing over ~140 km², delivering high‑resolution structural data.
  • Target focus: High‑grade gold targets in Ruoppa East extending ~2.7 km; additional testing in Outamaa, Heinikko, Ruoppa Central, and reconnaissance work at Nuuti.
  • Assay timeline: Initial assay results anticipated late Oct – early Nov 2025.

Notable Quotes

“Our 2025 summer field program was successfully completed with efficiency and I am very pleased with the excellent work of our technical team. Their efforts will generate a significant amount of new data from multiple high‑priority gold targets. These results will be instrumental as we refine our geological model and prepare for the next phase of exploration.” – Tero Kosonen, Chairman & CEO, Finex Metals Ltd.

Read the original news release →

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